NOT LISTED FOR SALE

325 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $415,000 - $446,000

2 Beds
2 Baths
-- Sq Ft
$306/mo HOA Fee

Last Sold November 28, 2018

Last sale price $240,000

Est. 81% increase in value since last sale

Current estimated payment $3,099/month

18 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Formal Dining Room
  • Cedar Hill Elementary School Rated A
  • Deck
  • 1 Car Attached Garage

About This Home

As of November 2018

First floor Essex II model - 2BR & 2Baths. Open floor plan. Eat in kitchen with window. Master suite with walk in closet & bath. Large basement storage room. Garage is located very near the condo. 326-acres well-maintainedgrounds bordering over 100 acres of undisturbed nature. Convenient to Rt. 78 & shopping. On-site property manager, clubhouse, playground, bocce court, bicycle paths, tennis court & in-ground pool. Excellent Basking Ridge schools. Elementary school: Cedar Hill.

Last Agent to Sell the Property

ALMA AGUAYO

WEICHERT REALTORS Listed on: 10/15/2018

Last Buyer's Agent

JULIA COURY

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,071

Year Built

  • Built in 1989

Lot Details

  • 523

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Additional Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Wall to Wall Carpet
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00148-0000-CONDO

Community Details

Overview

  • Association fees include maintenance-common area

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,071

Year Built

Built in 1989

Lot Details

0

HOA Fees

$306 per month

Parking

1

Listing Details

  • Style: First Floor Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1989
  • County Name: Somerset
  • Directions: King George Rd to Spring Ridge entrance (Spring Valley Blvd) to 5th Left at Potomac Drive to 1st Right to #325
  • I D: 4840300
  • Section Subdiv Development: Spring Ridge
  • First Name: ALMA
  • First Name3: JULIA
  • Last Name: AGUAYO
  • Last Name3: COURY
  • Office Phone: 908-766-7500
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile
  • Appliances: Range/Oven-Electric, Refrigerator, Washer, Dishwasher, Dryer
  • Interior Amenities: Walk-In Closet
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x09
  • Kitchen Level: First
  • Living Room Dim: 29x13
  • Living Room Level: First
  • Other Room 1: Storage Room
  • Other Room1 Level: Basement
  • Level 1 Rooms: Laundry Room, 2 Bedrooms, Living Room, Dining Room, Bath Main, Bath(s) Other, Kitchen
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Tennis Courts, Deck
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 306
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: MADISON VILLAGE
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 918
  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5071
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00148-0000-CONDO
  • Tax Rate Amount: 1.989
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Nov 21, 2018
Sold by
Cohen Allan
Bought by
Chatterjee Debjyoti and Chatterjee Suparna
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
JULIA COURY
WEICHERT REALTORS
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$434,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,238
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
May 17, 2016
Sold by
Cohen Lillian and Cohen Allan
Bought by
Cohen Allan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chatterjee Debjyoti $240,000 Aston Title Group Llc
Cohen Allan -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2018 11/28/18 Sold $240,000 -4.0% --
11/02/2018 11/02/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $250,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,086 $390,300 $140,000 $250,300
2024 $6,086 $342,100 $124,000 $218,100
2023 $5,784 $306,700 $124,000 $182,700
2022 $5,665 $281,700 $120,000 $161,700
2021 $5,321 $252,200 $120,000 $132,200
2020 $5,044 $240,900 $115,000 $125,900
2019 $4,898 $240,800 $125,000 $115,800
2018 $5,037 $251,200 $123,000 $128,200
2017 $5,072 $255,000 $123,000 $132,000
2016 $4,918 $252,100 $123,000 $129,100
2015 $4,802 $250,600 $120,000 $130,600
2014 $4,731 $244,600 $120,000 $124,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3509052

Garden State MLS

APN: 02-08701-0000-00148-0000-CONDO