NOT LISTED FOR SALE

342 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $301,000 - $327,000

1 Bed
1 Bath
-- Sq Ft
261 Sq Ft Lot

Last Sold June 16, 2023

Last sale price $268,500

Est. 19% increase in value since last sale

Current estimated payment $2,067/month

10 Days on Market

About This Home

As of June 2023

This home is located at 342 Potomac Dr, Basking Ridge, NJ 07920 since 19 April 2023 and is currently estimated at $319,256. This property was built in 1989. 342 Potomac Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Lee M. Opperman

COLDWELL BANKER REALTY Brokerage Phone: 908-658-9000 Listed on: 04/19/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

ARTUR TYSZKA

KELLER WILLIAMS PROSPERITY REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 261

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Year Built: 1989
  • County Name: Somerset
  • I D: 5215694
  • Attribution Contact: 908-658-9000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.00

Lot Info

  • Lot Size: MADISON VILLAGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jun 7, 2023
Sold by
Schug Edward Philip and Schug Lorraine Gee
Bought by
Uy Anna
Seller's Agent
Lee M. Opperman
COLDWELL BANKER REALTY
Buyer's Agent
ARTUR TYSZKA
KELLER WILLIAMS PROSPERITY REALTY
List Price
$265,000
Sold Price
$268,500
Premium/Discount to List
$3,500
1.32%
Views
73
Current Estimated Value
$319,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,756
Avg. Annual Appreciation
6.70%
Original Mortgage
$190,000
Outstanding Balance
$184,060
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$135,196

Purchase Details

Closed on
Oct 27, 2006
Sold by
Catanio Linda
Bought by
Gerhard Curt B

Purchase Details

Closed on
Apr 27, 1995
Sold by
Carneiro Frank
Bought by
Schug Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.33%
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
Uy Anna $268,500 None Listed On Document
Gerhard Curt B $286,000 --
Schug Edward $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uy Anna $190,000
Previous Owner Schug Edward $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $268,500 +1.3% --
05/03/2023 05/03/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $265,000 -- --
Source: Garden State MLS

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 $4,465 $273,500 $140,000 $133,500
2024 $4,465 $251,000 $124,000 $127,000
2023 $4,051 $214,800 $124,000 $90,800
2022 $3,857 $191,800 $120,000 $71,800
2021 $2,908 $184,000 $120,000 $64,000
2020 $3,711 $177,200 $115,000 $62,200
2019 $3,602 $177,100 $125,000 $52,100
2018 $3,511 $175,100 $123,000 $52,100
2017 $3,495 $175,700 $123,000 $52,700
2016 $3,484 $178,600 $123,000 $55,600
2015 $3,409 $177,900 $120,000 $57,900
2014 $3,255 $168,300 $120,000 $48,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3839069

Garden State MLS

APN: 02-08701-0000-00208-0000-CONDO

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