NOT LISTED FOR SALE

359 Potomac Dr Unit 7 Basking Ridge, NJ 07920

Estimated Value: $344,000 - $388,000

1 Bed
1 Bath
850 Sq Ft
$327/mo HOA Fee

Last Sold October 11, 2019

Last sale price $206,000 $242 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,719/month

13 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • L-Shaped Dining Room
  • Cedar Hill Elementary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of October 2019

Sunny, beautiful and well maintained Baxter II Model / Madison Village / First-Level End-Unit. Private deck overlooks lawn and trees. Custom Breakfast Bar / Cabinets / with great sunny exposure in living rm / Dining rm. Large master bedroom. Sprawling 325-acre complex of landscaping/lawn. Community pool, tennis, walking paths.

Last Agent to Sell the Property

Eric Godoy

CPM REALTY Listed on: 09/05/2019

CPM REALTY

Last Buyer's Agent

NANCY M. ENZ

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,917

Year Built

  • Built in 1987

Lot Details

  • 348

HOA Fees

  • $327 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Shared Driveway
  • Parking Lot

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Living Room
  • L-Shaped Dining Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Vinyl Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Outdoor Features

  • Private Pool
  • Deck

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
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00218-0000-CONDO
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,917

Year Built

Built in 1987

Lot Details

0

HOA Fees

$327 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: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 359
  • Directions: King George Rd to Spring Ridge entrance to 5th left onto Potomac to 1st driveway on left.
  • I D: 4923642
  • Modified: 2021-09-23
  • Number Images: 12
  • Section Subdiv Development: Spring Ridge
  • First Name: ERIC
  • First Name3: NANCY M.
  • Last Name: GODOY
  • Last Name3: ENZ
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Vinyl-Linoleum
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Dishwasher, Disposal
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 4
  • Bedrooms: 1
  • Bedroom 1 Level: First
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Partial, Unfinished
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Dining L
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 11x11
  • Kitchen Level: First
  • Living Room Dim: 19x11
  • Living Room Level: First
  • Other Room 1: Storage Room
  • Other Room1 Dim: 12x9
  • Other Room1 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Laundry Room, Living Room, Dining Room, Bath Main, Kitchen
  • Estimated Sq Ft: 850
  • Phone: 908-754-1500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: Parking Lot-Shared, Blacktop, Common

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 327
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time

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: MADISON VILLAGE
  • Assessed Improvement Value: 72400
  • Assessed Land Value: 125000
  • Assessment: 197400
  • Easement: Unknown
  • Lot Identifier: 218
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: RES

Rental Info

  • Application Fee: 900

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3917
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00218-0000-CONDO
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 11, 2019
Sold by
Flamos Maria M and Estate Of Adrienne Misale
Bought by
Schmidt Paula M and Schmidt John
Seller's Agent
Eric Godoy
CPM REALTY
Buyer's Agent
NANCY M. ENZ
WEICHERT REALTORS
List Price
$189,900
Sold Price
$206,000
Premium/Discount to List
$16,100
8.48%
Current Estimated Value
$365,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,846
Avg. Annual Appreciation
10.06%

Purchase Details

Closed on
Nov 7, 2007
Sold by
Ormerod Gregory D
Bought by
Misale Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1999
Sold by
Markewicz Ursual
Bought by
Ormerod Gregroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.09%
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
Schmidt Paula M $206,000 Suburban Title Examiners Inc
Misale Adrienne $237,000 Multiple
Ormerod Gregroy $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Misale Adrienne $62,000
Previous Owner Ormerod Gregroy $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $206,000 +8.5% $242 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $189,900 -- $223 / 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
2025 $5,344 $326,900 $140,000 $186,900
2024 $5,344 $300,400 $124,000 $176,400
2023 $5,066 $268,600 $124,000 $144,600
2022 $4,921 $244,700 $120,000 $124,700
2021 $4,503 $213,400 $120,000 $93,400
2020 $4,213 $201,200 $115,000 $86,200
2019 $4,015 $197,400 $125,000 $72,400
2018 $3,918 $195,400 $123,000 $72,400
2017 $3,902 $196,200 $123,000 $73,200
2016 $3,873 $198,500 $123,000 $75,500
2015 $3,763 $196,400 $120,000 $76,400
2014 $3,798 $196,400 $120,000 $76,400
Source: Public Records

Agents Affiliated with this Home

  • Eric Godoy

    Seller's Agent in 2019

    Eric Godoy

    CPM REALTY

    (201) 340-4284

    2 in this area

    27 Total Sales

    Eric Godoy
    Section Image

  • N

    Buyer's Agent in 2019

    NANCY M. ENZ

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3585214

Garden State MLS

APN: 02-08701-0000-00218-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

359 Potomac Dr Unit 7, Basking Ridge, NJ

This home is located at 359 Potomac Dr Unit 7, Basking Ridge, NJ 07920 since 05 September 2019 and is currently estimated at $365,846, approximately $430 per square foot. This property was built in 1987. 359 Potomac Dr Unit 7 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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