NOT LISTED FOR SALE

350 Potomac Dr Unit 8 Basking Ridge, NJ 07920

Estimated Value: $375,000 - $406,000

1 Bed
1 Bath
950 Sq Ft
$323/mo HOA Fee

Last Sold January 06, 2021

Last sale price $265,000 $279 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,829/month

8 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • 1 Car Attached Garage
  • Cedar Hill Elementary School Rated A
  • Wood Flooring
  • Walk-In Closet

About This Home

As of January 2021

HIGHEST AND BEST BY FRI. 12/4 6P. IMMACULATE CONDITION 2ND FL END UNIT IN SPRING RIDGE! GLEAMING wood floors, 2016 S/STEEL appliances, 2017 furnace, HWH & A/C, 2018 BOSCH W/D, NEW garage door opener. Nothing to do but MOVE IN to this generous 1 bed 1 bath condo in desirable Basking Ridge. TONS of CLOSET SPACE including 2 WALK-IN closets (1 in the master, 1 in the livingroom). Livingroom closet is so large that it was used by former owner as an office! Den once held a Queen size bed! HUGE Balcony overlooks a pond. 1 car garage with 1 additional parking space right next to the entryway stairs. In the warmer weather, take advantage of the association pool and tennis courts! Don't miss this opportunity, it will not last!

Last Agent to Sell the Property

Emily Frisch

WEICHERT REALTORS Listed on: 12/01/2020

WEICHERT REALTORS

Last Buyer's Agent

JILL FAHERTY

KL SOTHEBY'S INT'L. REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,623

Year Built

  • Built in 1989

Lot Details

  • 218

HOA Fees

  • $323 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Additional Parking
  • Assigned Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Blinds
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Private Pool

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00200-0000-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Cats Allowed

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,623

Year Built

Built in 1989

Lot Details

0

HOA Fees

$323 per month

Parking

1

Listing Details

  • Style: Townhouse-End Unit, One Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1989
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 350
  • Directions: Spring Valley Blvd to Potomac Dr.
  • I D: 5035098
  • Modified: 2022-01-07
  • Number Images: 18
  • Section Subdiv Development: Spring Ridge
  • First Name: EMILY
  • First Name3: JILL
  • First Name4: KAREN
  • Last Name: FRISCH
  • Last Name3: FAHERTY
  • Last Name4: LEMKE
  • Office Phone3: 289595
  • Office Phone4: 908-696-8600
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Floor Number: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Microwave Oven, Range/Oven-Electric, Refrigerator, Stackable Washer/Dryer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Drapes, Security System, Walk-In Closet
  • Number Rooms: 4
  • Bedrooms: 1
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Room Level: Second
  • Den Level: Second
  • Kitchen Area: Breakfast Bar
  • Kitchen Level: Second
  • Living Room Level: Second
  • Other Room 1: Bathroom
  • Other Room1 Level: Second
  • Estimated Sq Ft: 950
  • Phone: 973-539-6300

Exterior Features

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

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Assigned

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Association
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 323
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection, Water Fees

Lot Info

  • Lot Size: MADISON VILLAGE
  • Assessed Improvement Value: 110000
  • Assessed Land Value: 115000
  • Assessment: 225000
  • Lot Identifier: 200
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 968
  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4623
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00200-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 4, 2021
Sold by
Rine Jessica A
Bought by
Garcia Humberto O
Seller's Agent
Emily Frisch
WEICHERT REALTORS
Buyer's Agent
JILL FAHERTY
KL SOTHEBY'S INT'L. REALTY
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Current Estimated Value
$382,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,935
Avg. Annual Appreciation
8.06%
Original Mortgage
$212,000
Outstanding Balance
$159,291
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$219,487

Purchase Details

Listed on
Mar 20, 2014
Closed on
Mar 20, 2014
Sold by
Picone Victoria A
Bought by
Rine Jessica A
Seller's Agent
ILANA RAPP
WEICHERT REALTORS
Buyer's Agent
Elizabeth Bataille
COLDWELL BANKER REALTY
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$227,050
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2009
Sold by
Dougherty Stephanie M and Dougherty Michael
Bought by
Picone Victoria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.21%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 28, 2005
Sold by
Hendry John
Bought by
Ernst Stephanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1997
Sold by
Vanwoerkom Barbara
Bought by
Hendry John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.41%
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
Garcia Humberto O $265,000 Acres Land Title Agency Inc
Garcia Humberto O $265,000 Westcor Land Title
Rine Jessica A $239,000 Agent For Stewart Title Guar
Picone Victoria A $250,000 Fidelity Natl Title Ins Co
Ernst Stephanie M $274,000 --
Hendry John $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Humberto O $212,000
Closed Garcia Humberto O $212,000
Previous Owner Rine Jessica A $227,050
Previous Owner Picone Victoria A $187,500
Previous Owner Ernst Stephanie M $50,000
Previous Owner Hendry John $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Sold $265,000 +1.9% $279 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $260,000 +8.8% $274 / Sq Ft
03/20/2014 03/20/14 Sold $239,000 -- $252 / Sq Ft
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 $5,035 $283,000 $124,000 $159,000
2023 $5,051 $267,800 $124,000 $143,800
2022 $5,062 $251,700 $120,000 $131,700
2021 $5,155 $244,300 $120,000 $124,300
2020 $4,712 $225,000 $115,000 $110,000
2019 $4,623 $227,300 $125,000 $102,300
2018 $4,555 $227,200 $123,000 $104,200
2017 $4,463 $224,400 $123,000 $101,400
2016 $4,230 $216,800 $123,000 $93,800
2015 $4,117 $214,900 $120,000 $94,900
2014 $3,839 $198,500 $120,000 $78,500
Source: Public Records

Agents Affiliated with this Home

  • Emily Frisch

    Seller's Agent in 2021

    Emily Frisch

    WEICHERT REALTORS

    (973) 879-2900

    9 in this area

    127 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    JILL FAHERTY

    KL SOTHEBY'S INT'L. REALTY

  • K

    Buyer Co-Listing Agent in 2021

    KAREN LEMKE

    KL SOTHEBY'S INT'L. REALTY

  • I

    Seller's Agent in 2014

    ILANA RAPP

    WEICHERT REALTORS

  • Elizabeth Bataille

    Buyer's Agent in 2014

    Elizabeth Bataille

    COLDWELL BANKER REALTY

    (908) 202-1702

    154 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3681039

Garden State MLS

APN: 02-08701-0000-00200-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

350 Potomac Dr Unit 8, Basking Ridge, NJ

This home is located at 350 Potomac Dr Unit 8, Basking Ridge, NJ 07920 since 01 December 2020 and is currently estimated at $386,210, approximately $406 per square foot. This property was built in 1989. 350 Potomac Dr Unit 8 is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

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