NOT LISTED FOR SALE

356 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $427,000 - $436,000

2 Beds
1 Bath
-- Sq Ft
261 Sq Ft Lot

Last Sold December 23, 2024

Last sale price $425,000

Est. 1% increase in value since last sale

Current estimated payment $2,808/month

17 Days on Market

About This Home

As of December 2024

This home is located at 356 Potomac Dr, Basking Ridge, NJ 07920 since 12 November 2024 and is currently estimated at $431,292. This property was built in 1989. 356 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

VERA WANG

WEICHERT REALTORS Brokerage Phone: 908-757-7780 Listed on: 11/12/2024

Last Buyer's Agent

Michele Zyska

SERHANT NEW JERSEY LLC

SERHANT NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 261

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 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: 5321751
  • Attribution Contact: 908-757-7780
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: MADISON VILLAGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Dec 12, 2024
Sold by
Guarda Silas R and Guarda Luciane
Bought by
Sot Edward Andrew and Calleo Gina R
Seller's Agent
VERA WANG
WEICHERT REALTORS
Buyer's Agent
Michele Zyska
SERHANT NEW JERSEY LLC
List Price
$410,000
Sold Price
$425,000
Premium/Discount to List
$15,000
3.66%
Views
29
Current Estimated Value
$431,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,292
Avg. Annual Appreciation
1.29%
Original Mortgage
$340,000
Outstanding Balance
$337,321
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$93,971

Purchase Details

Closed on
Jul 12, 2000
Sold by
Richter James
Bought by
Guarda Sulas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.5%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Schaper Kenneth
Bought by
Richter James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,875
Interest Rate
6.9%

Purchase Details

Closed on
Aug 22, 1995
Sold by
Crowley James
Bought by
Schaper Ken and Schaper Pam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.32%
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
Sot Edward Andrew $425,000 Green Hill Title
Sot Edward Andrew $425,000 Green Hill Title
Guarda Sulas $180,000 --
Richter James $132,500 --
Schaper Ken $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sot Edward Andrew $340,000
Closed Sot Edward Andrew $340,000
Previous Owner Guarda Sulas $144,000
Previous Owner Richter James $125,875
Previous Owner Schaper Ken $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2024 12/23/24 Sold $425,000 +3.7% --
12/02/2024 12/02/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $410,000 -- --
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 $6,225 $386,500 $140,000 $246,500
2024 $6,225 $349,900 $124,000 $225,900
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2024

    VERA WANG

    WEICHERT REALTORS

  • M

    Buyer's Agent in 2024

    Michele Zyska

    SERHANT NEW JERSEY LLC

    (908) 656-1650

    2 in this area

    27 Total Sales

    Michele Zyska
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Map

Source: Garden State MLS

MLS Number: 3933943

Garden State MLS

APN: 02-08701-0000-00210-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

356 Potomac Dr, Basking Ridge, NJ

Not Listed for Sale

Detached

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