NOT LISTED FOR SALE

361 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $325,000 - $341,000

1 Bed
1 Bath
-- Sq Ft
392 Sq Ft Lot

Sale Details

Date Sold: March 14, 2022

Last sale price $260,200

Est. 28% increase in value since last sale

Current estimated payment $2,567 / mo

7 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • 1 Car Detached Garage
  • Cedar Hill Elementary School Rated A
  • Deck
  • Thermal Windows

About This Home

As of March 2022

Sought after first floor End unit in the desirable Spring Ridge community. This well maintained bright 1 bedroom & 1 bath unit (Ardsley Model) has an open floor plan and laminate floors. Spacious living room/dining room with wood burning fire place and sliders to private deck. Bedroom with ample closet space and sliders to a second deck. Kitchen with the window. Washer/dryer in the unit. Garage. Storage room in the basement. On-site Community Manager, in-ground pool, tennis courts, playground & clubhouse. 326-acres of well-maintained grounds bordering over 100 acres of undisturbed nature. Convenient to I-78, NYC Midtown Direct trains and buses and shopping.

Last Agent to Sell the Property

ALMA AGUAYO

WEICHERT REALTORS Listed on: 02/04/2022

Co-Listed By

IRINA BAGMUT

WEICHERT REALTORS

Last Buyer's Agent

IRINA BAGMUT

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,551

Year Built

  • Built in 1989

Lot Details

  • 392

HOA Fees

  • $341 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Additional Parking

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Family or Dining Combination
  • Storage Room
  • Utility Room
  • Laminate Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Cedar Hill Elementary School
  • Liberty C Middle School
  • Ridge High School

Utilities

  • Central Air
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00152-0000-CONDO

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, water fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,551

Year Built

Built in 1989

Lot Details

392 Sq Ft Lot

HOA Fees

$341 per month

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1989
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: Rt 78 Exit 36 to Basking Ridge King George Rd to L on Spring Valley Blvd (Spring Ridge) to 5th L on Potomac to 3rd court on the L to #241
  • I D: 5127179
  • Section Subdiv Development: Spring Ridge
  • First Name: ALMA
  • First Name2: IRINA
  • First Name3: IRINA
  • First Name4: ALMA
  • Last Name: AGUAYO
  • Last Name2: BAGMUT
  • Last Name3: BAGMUT
  • Last Name4: AGUAYO
  • Office Phone: 908-766-7500
  • Office Phone4: 908-766-7500
  • Attribution Contact: 908-766-7500
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer
  • Bedrooms: 1
  • Bedroom 1 Level: First
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 09x08
  • Kitchen Level: First
  • Living Room Dim: 21x12
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Dim: 10x06
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Foyer, Kitchen, Laundry Room, Living Room
  • Phone: 908-766-7500

Exterior Features

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

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 341
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Water Fees

Fee Information

  • Other Fee Freqency: One Time

Schools

  • High School: RIDGE
  • Middle Jr High School: LIBERTY C

Lot Info

  • Lot Size: MADISON VILLAGE
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 1023
  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4551
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00152-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 9, 2022
Sold by
Bought by
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
IRINA BAGMUT
WEICHERT REALTORS
List Price
$250,000
Sold Price
$260,200
Premium/Discount to List
$10,200
4.08%
Current Estimated Value
$334,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,952
Avg. Annual Appreciation
6.03%

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 27, 2021
Sold by
Bought by
Seller's Agent
Lee M. Opperman
COLDWELL BANKER REALTY
Buyer's Agent
Lee M. Opperman
COLDWELL BANKER REALTY
List Price
$229,900
Sold Price
$233,000
Premium/Discount to List
$3,100
1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%

Purchase Details

Closed on
Feb 20, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
6.85%

Purchase Details

Closed on
Feb 5, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.04%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$260,200 Chicago Title
$233,000 Zinn Title Agency Llc
$166,000 --
$110,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $132,800
Previous Owner $108,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2022 03/14/22 Sold $260,200 +4.1% --
02/11/2022 02/11/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $250,000 +7.3% --
05/03/2021 05/03/21 Sold $233,000 +1.3% -- View Prior Sale
03/23/2021 03/23/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $229,900 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,049 $307,700 $140,000 $167,700
2024 $5,049 $283,800 $124,000 $159,800
2023 $4,647 $246,400 $124,000 $122,400
2022 $4,549 $226,200 $120,000 $106,200
2021 $4,551 $215,700 $120,000 $95,700
2020 $4,268 $203,800 $115,000 $88,800
2019 $3,974 $195,400 $125,000 $70,400
2018 $3,878 $193,400 $123,000 $70,400
2017 $3,916 $196,900 $123,000 $73,900
2016 $3,832 $196,400 $123,000 $73,400
2015 $3,750 $195,700 $120,000 $75,700
2014 $3,785 $195,700 $120,000 $75,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ALMA AGUAYO

    WEICHERT REALTORS

  • I

    Seller Co-Listing Agent in 2022

    IRINA BAGMUT

    WEICHERT REALTORS

  • Lee M. Opperman

    Seller's Agent in 2021

    Lee M. Opperman

    COLDWELL BANKER REALTY

    (908) 581-4830

    66 Total Sales

    Lee M. Opperman
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Map

Source: Garden State MLS

MLS Number: 3762287

Garden State MLS

APN: 02-08701-0000-00152-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

361 Potomac Dr, Basking Ridge, NJ

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