NOT LISTED FOR SALE

379 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $406,804 - $422,000

2 Beds
1 Bath
-- Sq Ft
$312/mo HOA Fee

Last Sold July 20, 2016

Last sale price $255,000

Est. 64% increase in value since last sale

Current estimated payment $2,999/month

51 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Cedar Hill Elementary School Rated A
  • Deck
  • 1 Car Detached Garage

About This Home

As of July 2016

Move in to Basking Ridge. in this Spring Ridge 2 Bedroom,1 Bath end unit, first floor condo. Features a wood burning fireplace, plenty of natural light, and privacy.. Kitchen has updated appliances ,and plenty of cabinet space. All new paint.The 2 bedrooms feature large closets w custom shelving for extra clothing, and accessories .Bathroom has a separate tub, and shower enclosure. A roof covered outdoor deck keeps you dry from the unexpected elements, A closet with a convenient over/under washer-dryer for your laundry needs. This complex has it all: In ground pool, tennis courts, a clubhouse, a fountain pond, and a playground All this just minutes away from Rt 78, Rt 22, shopping, and transportation. No dogs are allowed in this complex

Last Agent to Sell the Property

Maurizio Mercuri

DRISCOLL REAL ESTATE LLC Listed on: 05/11/2016

Last Buyer's Agent

MARYELLEN O CONNOR

PROMINENT PROPERTIES SIR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,529

Year Built

  • Built in 1987

Lot Details

  • Open Lot

HOA Fees

  • $312 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Inside Entrance
  • Garage Door Opener
  • Additional Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Family or Dining Combination
  • Storage Room
  • Dryer
  • Utility Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Butlers Pantry
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Private Pool
  • Deck
  • 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
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00170-0000-CONDO

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,529

Year Built

Built in 1987

Lot Details

0

HOA Fees

$312 per month

Parking

1

Listing Details

  • Style: One Floor Unit, First Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: RT 78 to exit 36 or Rt 22 to Warrenville Rd go north on King George Rd to Spring Ridge left on Potomac to #379
  • I D: 4623062
  • Section Subdiv Development: Spring Ridge
  • First Name: MAURIZIO
  • First Name3: MARYELLEN
  • Last Name: MERCURI
  • Last Name3: O CONNOR
  • Office Phone: 908-688-3311
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Laminate
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, Dishwasher, Stackable Washer/Dryer, Dryer, Microwave Oven
  • Interior Amenities: StallTub, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished, Partial
  • Basement Level Rooms: Inside Entrance, Storage Room, Utility Room
  • Dining Room Level: Ground
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Separate Dining Area, Pantry
  • Kitchen Dim: 08x08
  • Kitchen Level: Ground
  • Living Room Dim: 23x14
  • Living Room Level: Ground
  • Other Room 1: Bathroom
  • Other Room1 Level: Ground
  • Ground Level Rooms: Porch, 2 Bedrooms, Kitchen, Bath Main, LivDinRm
  • Phone: 973-328-0215

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Sidewalk, Curbs
  • 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: Additional Parking, Blacktop

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 312
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area, Water Fees

Fee Information

  • Other Fee Freqency: One Time

Schools

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

Lot Info

  • Lot Size: DREXEL II
  • Easement: Unknown
  • Lot Description: Open Lot, Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 936
  • Pets Allowed: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4529
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00170-0000-CONDO
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 19, 2016
Sold by
Chaudhary Parvez and Chaudhary Elizabeth
Bought by
Soong Sharon L and Soong Irene
Seller's Agent
Maurizio Mercuri
DRISCOLL REAL ESTATE LLC
Buyer's Agent
MARYELLEN O CONNOR
PROMINENT PROPERTIES SIR
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%
Current Estimated Value
$417,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,201
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Jan 31, 2014
Sold by
Chaudhary Parvez and Chaudhary Elizabeth
Bought by
Chaudhary Parvez and Chaudhary Elizabeth

Purchase Details

Closed on
Feb 17, 2006
Sold by
Leo Joseph
Bought by
Chaudary Elizabeth and Chaudary Parvez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.17%

Purchase Details

Closed on
Mar 10, 1997
Sold by
Bianchi Walter
Bought by
Braunwarth Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.68%

Purchase Details

Closed on
Jul 12, 1994
Sold by
Malone Michael
Bought by
Bianchi Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.51%
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
Soong Sharon L $255,000 Foundation Title
Chaudhary Parvez -- None Available
Chaudary Elizabeth $310,000 --
Braunwarth Jeanne $127,750 --
Bianchi Walter $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chaudary Elizabeth $248,000
Previous Owner Braunwarth Jeanne $90,000
Previous Owner Bianchi Walter $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2016 07/20/16 Sold $255,000 -5.5% --
07/01/2016 07/01/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $269,900 -- --
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 $5,876 $344,600 $140,000 $204,600
2024 $5,876 $330,300 $127,700 $202,600
2023 $5,824 $308,800 $127,700 $181,100
2022 $5,560 $276,500 $123,600 $152,900
2021 $4,843 $255,100 $123,600 $131,500
2020 $5,139 $245,400 $118,500 $126,900
2019 $4,843 $238,100 $128,800 $109,300
2018 $4,816 $240,200 $123,000 $117,200
2017 $4,618 $232,200 $123,000 $109,200
2016 $4,532 $232,300 $123,000 $109,300
2015 $4,529 $236,400 $120,000 $116,400
2014 $4,411 $228,100 $120,000 $108,100
Source: Public Records

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Map

Source: Garden State MLS

MLS Number: 3305704

Garden State MLS

APN: 02-08701-0000-00170-0000-CONDO