NOT LISTED FOR SALE

385 Potomac Dr Unit 1 Basking Ridge, NJ 07920

Estimated Value: $358,000 - $398,000

1 Bed
1 Bath
-- Sq Ft
$300/mo HOA Fee

Last Sold October 30, 2018

Last sale price $229,000

Est. 58% increase in value since last sale

Current estimated payment $2,708/month

117 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Tennis Courts
  • Cedar Hill Elementary School Rated A
  • Community Pool
  • Formal Dining Room

About This Home

As of October 2018

BAXTER 11 MODEL/MADISON VILLAGE (FHA APPROVED) FIRST LEVEL END-UNIT, EAT IN KITCHEN, CERAMIC TILE KITCHEN, BASEMENT STORAGE 18X10 . PRIVATE DECK, FULL SIZE WASHER AND DRYER, HARDWOOD FLOORS THROUGHOUT, EASY ACCESS TO THE MAJOR HIGH WAYS, 78, 287.

Last Agent to Sell the Property

Yassaman H. Azizi

COLDWELL BANKER REALTY Listed on: 04/25/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Marie Kushnir

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,268

Year Built

  • Built in 1987

Lot Details

  • 436

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • 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

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00176-0000-CONDO
  • Tax Block *

Community Details

Overview

  • $32 Other Monthly Fees

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Cats Allowed

Additional Features

  • Clubhouse
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,268

Year Built

Built in 1987

Lot Details

0

HOA Fees

$300 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: 1987
  • County Name: Somerset
  • Street Number Display: 385
  • Directions: King George Road to Spting Ridge or Valley Road to Spring Ridge to Potomac to #385
  • I D: 4797197
  • Modified: 2021-09-23
  • Number Images: 8
  • Section Subdiv Development: Spring Ridge
  • First Name: YASSAMAN H.
  • First Name3: MARIE
  • Last Name: AZIZI
  • Last Name3: KUSHNIR
  • Office Phone3: 908-233-5555 ext
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Refrigerator, Washer, Dishwasher, Dryer
  • Number Rooms: 4
  • Bedrooms: 1
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x11
  • Kitchen Level: First
  • Living Room Dim: 19x11
  • Living Room Level: First
  • Other Room 1: Storage Room
  • Other Room1 Dim: 18x12
  • Other Room1 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Living Room, Dining Room, LivDinRm, Bath Main, Kitchen
  • Phone: 908-658-9000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Storm Door(s), Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: Assigned

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 300
  • Association Maintenance Fee Frequency: Monthly

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 380

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: 91600
  • Assessed Land Value: 123000
  • Assessment: 214600
  • Easement: Unknown
  • Lot Identifier: 176
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 900
  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4268
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00176-0000-CONDO
  • Tax Rate Amount: 1.989
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
Oct 29, 2018
Sold by
Gondogdy Malekajdar Naeemy and Yousefi Iran
Bought by
Hansen Susan A
Seller's Agent
Yassaman H. Azizi
COLDWELL BANKER REALTY
Buyer's Agent
Marie Kushnir
COLDWELL BANKER REALTY
List Price
$239,000
Sold Price
$229,000
Premium/Discount to List
-$10,000
-4.18%
Current Estimated Value
$361,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,654
Avg. Annual Appreciation
6.71%
Original Mortgage
$89,000
Outstanding Balance
$78,867
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$277,013

Purchase Details

Listed on
Jun 28, 2013
Closed on
Jun 28, 2013
Sold by
Hiller Allen and Linden Susan
Bought by
Gondogdy Malekajdar Naeemy
Buyer's Agent
Yassaman H. Azizi
COLDWELL BANKER REALTY
Sold Price
$201,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%
Original Mortgage
$160,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2007
Sold by
Bates Susan
Bought by
Hiller Allen and Linden Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,700
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 20, 2002
Sold by
Drosendahl Dennis
Bought by
Bates Susan

Purchase Details

Closed on
Aug 2, 1999
Sold by
Hotchkiss Kirsten
Bought by
Drosendahl Dennis

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
7.54%
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
Hansen Susan A $229,000 Acres Land Title Agency Llc
Gondogdy Malekajdar Naeemy $201,000 None Available
Hiller Allen $233,500 First American Title Ins Co
Bates Susan $195,000 --
Drosendahl Dennis $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Susan A $89,000
Previous Owner Gondogdy Malekajdar Naeemy $160,000
Previous Owner Hiller Allen $26,700
Previous Owner Hiller Allen $186,800
Previous Owner Drosendahl Dennis $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $229,000 -4.2% --
08/20/2018 08/20/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $239,000 +18.9% --
06/28/2013 06/28/13 Sold $201,000 -- --
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
2024 $5,118 $287,700 $127,700 $160,000
2023 $4,887 $259,100 $127,700 $131,400
2022 $4,766 $237,000 $123,600 $113,400
2021 $4,752 $225,200 $123,600 $101,600
2020 $4,529 $216,300 $118,500 $97,800
2019 $4,304 $211,600 $128,800 $82,800
2018 $4,275 $213,200 $123,000 $90,200
2017 $4,268 $214,600 $123,000 $91,600
2016 $3,840 $196,800 $123,000 $73,800
2015 $3,729 $194,600 $120,000 $74,600
2014 $3,796 $196,300 $120,000 $76,300
Source: Public Records

Agents Affiliated with this Home

  • Yassaman H. Azizi

    Seller's Agent in 2018

    Yassaman H. Azizi

    COLDWELL BANKER REALTY

    (908) 305-2099

    27 in this area

    40 Total Sales

    Section Image
  • Marie Kushnir

    Buyer's Agent in 2018

    Marie Kushnir

    COLDWELL BANKER REALTY

    (908) 884-8678

    35 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3464711

Garden State MLS

APN: 02-08701-0000-00176-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

385 Potomac Dr Unit 1, Basking Ridge, NJ

This home is located at 385 Potomac Dr Unit 1, Basking Ridge, NJ 07920 since 25 April 2018 and is currently estimated at $375,611. This property was built in 1987. 385 Potomac Dr Unit 1 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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