NOT LISTED FOR SALE

373 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $349,000 - $375,000

1 Bed
1 Bath
-- Sq Ft
$322/mo HOA Fee

Last Sold March 04, 2020

Last sale price $232,500

Est. 56% increase in value since last sale

Current estimated payment $2,673/month

34 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Corner Lot
  • Cedar Hill Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of March 2020

Wonderfully charming renovated one bedroom end unit offering an updated kitchen, new floors throughout, gorgeous designer quality wood-simulated porcelain installed on 3 dining room walls. Huge master bedroom with copious space for office or sitting area, full size laundry, wood-burning fireplace, clean additional storage in private basement level utility room, one-car garage plus additional parking in lot and behind door, and more! This sparkling, move-in ready condo is sure to impress, especially with numerous amenities available inside the association, such as a large swimming pool, tennis courts, playground, several jogging/biking paths, and sizable multipurpose clubhouse. All of this offered within Spring Ridge's 325+ acre, well manicured location, convenient to shopping and commuting routes.

Last Agent to Sell the Property

Winston Courboin

COLDWELL BANKER REALTY Listed on: 01/01/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Noel Lieb

KELLER WILLIAMS TOWNE SQUARE REAL

KELLER WILLIAMS TOWNE SQUARE REAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,224

Year Built

  • Built in 1989

Lot Details

  • Cul-De-Sac

HOA Fees

  • $322 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Oversized Parking
  • Garage Door Opener
  • Additional Parking
  • Parking Lot
  • Assigned Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Blinds
  • Living Room
  • Formal Dining Room
  • Storage Room

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Front Basement Entry

Home Security

Outdoor Features

  • Private Pool
  • Patio
  • Porch

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
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00164-0000-CONDO

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,224

Year Built

Built in 1989

Lot Details

0

HOA Fees

$322 per month

Parking

1

Listing Details

  • Style: First Floor Unit, One Floor Unit, Townhouse-End Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1989
  • Year Built Description: Standing
  • County Name: Somerset
  • Directions: King George Rd then left on Spring Valley BLVD (Spring Ridge), Potomac is fourth road on the left.
  • I D: 4951567
  • Section Subdiv Development: Spring Ridge
  • First Name: WINSTON
  • First Name3: NOEL
  • Last Name: COURBOIN
  • Last Name3: LIEB
  • Office Phone: 908-766-7447
  • Office Phone3: 732-469-8373
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Microwave Oven, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Alarm Sys, Security System, Smoke Detector, TubShowr
  • Bedrooms: 1
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Partial
  • Basement Level Rooms: Storage Room
  • Dining Room Level: First
  • Kitchen Dim: 11x11
  • Kitchen Level: First
  • Living Room Dim: 20x11
  • Living Room Level: First
  • Other Room 1: Storage Room
  • Other Room1 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Entrance Vestibule, Kitchen, Laundry Room, Living Room, Porch
  • Phone: 908-766-2900

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Patio, Sidewalk
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Assigned, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Additional Parking, Assigned, Blacktop, Parking Lot-Shared

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 322
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Sewer Fees, Trash Collection, Water Fees

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: MADISON VILLAGE
  • Lot Description: Corner, Cul-De-Sac
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Call, CatsOK, NumLimit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4224
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00164-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2020
Closed on
Feb 26, 2020
Sold by
Sobosan Samantha Laura
Bought by
Hunt Susan
Seller's Agent
Winston Courboin
COLDWELL BANKER REALTY
Buyer's Agent
Noel Lieb
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$245,000
Sold Price
$232,500
Premium/Discount to List
-$12,500
-5.1%
Current Estimated Value
$362,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,028
Avg. Annual Appreciation
8.03%
Original Mortgage
$80,000
Outstanding Balance
$70,985
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$291,543

Purchase Details

Listed on
Jul 29, 2016
Closed on
Sep 30, 2016
Sold by
Dowling Carole
Bought by
Sobosan Samantha Aura
Seller's Agent
ALISON B. STEWART
WEICHERT REALTORS
Buyer's Agent
Winston Courboin
COLDWELL BANKER REALTY
List Price
$225,000
Sold Price
$223,000
Premium/Discount to List
-$2,000
-0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%
Original Mortgage
$111,500
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hunt Susan $232,500 Fidelity National Ttl Ins Co
Sobosan Samantha Aura $223,000 Agent For Chicago Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Susan $80,000
Previous Owner Sobosan Samantha Aura $111,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2020 03/04/20 Sold $232,500 -5.1% --
02/04/2020 02/04/20 Pending -- -- --
01/01/2020 01/01/20 For Sale $245,000 +9.9% --
09/30/2016 09/30/16 Sold $223,000 -0.9% -- View Prior Sale
08/03/2016 08/03/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $225,000 -- --
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 $5,300 $324,300 $140,000 $184,300
2024 $5,300 $297,900 $124,000 $173,900
2023 $5,028 $266,600 $124,000 $142,600
2022 $4,875 $242,400 $120,000 $122,400
2021 $4,899 $232,200 $120,000 $112,200
2020 $4,783 $228,400 $115,000 $113,400
2019 $4,326 $212,700 $125,000 $87,700
2018 $4,225 $210,700 $123,000 $87,700
2017 $4,219 $212,100 $123,000 $89,100
2016 $3,855 $197,600 $123,000 $74,600
2015 $3,746 $195,500 $120,000 $75,500
2014 $3,814 $197,200 $120,000 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3607078

Garden State MLS

APN: 02-08701-0000-00164-0000-CONDO