NOT LISTED FOR SALE

334 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $408,000 - $426,000

2 Beds
1 Bath
-- Sq Ft
$297/mo HOA Fee

Last Sold September 20, 2016

Last sale price $243,000

Est. 69% increase in value since last sale

Current estimated payment $3,010/month

21 Days on Market

Highlights

  • Private Pool
  • Lake View
  • Tennis Courts
  • Cedar Hill Elementary School Rated A
  • Clubhouse
  • Jogging Path

About This Home

As of September 2016

Updated ground floor Drexel II model with 10x4 storage closet. Renovations in 2012: kitchen - maple cabinets, quartz counters, soft close drawers and doors, hardwood floor, bathroom and and HVAC. Custom window treatments included, washer and dryer brand new!

Last Agent to Sell the Property

Jennifer Blanchard

BHHS FOX & ROACH Listed on: 07/06/2016

BHHS FOX & ROACH

Last Buyer's Agent

GLORIA MONTOYA

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,994

Year Built

  • Built in 1987

Lot Details

  • 348

HOA Fees

  • $297 Monthly HOA Fees

Home Design

  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Family or Dining Combination
  • Storage Room
  • Lake Views

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Accessible Bedroom

Outdoor Features

  • Private Pool
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00192-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,994

Year Built

Built in 1987

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 334
  • Directions: King George Road to Spring Ridge entrance; 5th left at Potomac, 1st drive on left, bear right.
  • I D: 4634602
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: Spring Ridge
  • First Name: JENNIFER A.
  • First Name3: GLORIA
  • Last Name: BLANCHARD
  • Last Name3: MONTOYA
  • Office Phone: 252818
  • Office Phone3: 973-686-1500 Ext 238
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Disposal, Dryer
  • Number Rooms: 4
  • Bedrooms: 2
  • Bedroom 1 Level: Ground
  • Bedroom 2 Level: Ground
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 10x8
  • Kitchen Level: Ground
  • Living Room Dim: 23x14
  • Living Room Level: Ground
  • Other Room 1: Storage Room
  • Other Room1 Dim: 10x4
  • Other Room1 Level: Ground
  • Other Room 2: Foyer
  • Other Room2 Dim: 5x5
  • Other Room2 Level: Ground
  • Ground Level Rooms: 2 Bedrooms, Kitchen, Storage Room, Foyer, Bath Main, LivDinRm
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Thermal Windows/Doors, Patio
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Parking Driveway Description: Parking Lot-Shared, Assigned

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 297
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Schools

  • Elementary School: CEDAR HILL
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: DREXEL II
  • Assessed Improvement Value: 88500
  • Assessed Land Value: 120000
  • Assessment: 208500
  • Easement: Unknown
  • Lot Description: Lake/Water View
  • Lot Identifier: 192
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: R5

Rental Info

  • Application Fee: 939
  • Pets Allowed: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 3994
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00192-0000-CONDO
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Sep 16, 2016
Sold by
Gardner Kimvberly R and Gardner John S
Bought by
Atoulikian Matthew Richard and Solano Jarquin Vilma De Los Angeles
Seller's Agent
Jennifer Blanchard
BHHS FOX & ROACH
Buyer's Agent
GLORIA MONTOYA
WEICHERT REALTORS
List Price
$245,000
Sold Price
$243,000
Premium/Discount to List
-$2,000
-0.82%
Current Estimated Value
$411,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,709
Avg. Annual Appreciation
5.96%
Original Mortgage
$201,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2000
Sold by
Young Roberty
Bought by
Gardner Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
7.78%
Source: Public Records

Range of Values:

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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
Atoulikian Matthew Richard $243,000 Fidelity Natl Title Ins Co
Gardner Kim $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atoulikian Matthew Richard $145,000
Closed Atoulikian Matthew Richard $201,000
Previous Owner Gardner Kimberly R $150,000
Previous Owner Gardner Kim $114,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $243,000 -0.8% --
07/27/2016 07/27/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $245,000 -- --
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
2024 $5,636 $316,800 $124,000 $192,800
2023 $5,639 $299,000 $124,000 $175,000
2022 $5,428 $269,900 $120,000 $149,900
2021 $5,151 $244,100 $120,000 $124,100
2020 $5,034 $240,400 $115,000 $125,400
2019 $4,863 $239,100 $125,000 $114,100
2018 $4,754 $237,100 $123,000 $114,100
2017 $4,638 $233,200 $123,000 $110,200
2016 $4,031 $206,600 $123,000 $83,600
2015 $3,995 $208,500 $120,000 $88,500
2014 $3,845 $198,800 $120,000 $78,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3320026

Garden State MLS

APN: 02-08701-0000-00192-0000-CONDO