NOT LISTED FOR SALE

389 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $376,000 - $415,000

2 Beds
1 Bath
1,000 Sq Ft
$404/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $339,000 $339 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,616/month

30 Days on Market

About This Home

As of April 2023

This home is located at 389 Potomac Dr, Basking Ridge, NJ 07920 since 15 February 2023 and is currently estimated at $404,332, approximately $404 per square foot. This property was built in 1993. 389 Potomac Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

ALMA AGUAYO

WEICHERT REALTORS Brokerage Phone: 908-766-7500 Listed on: 02/15/2023

Co-Listed By

IRINA BAGMUT

WEICHERT REALTORS Brokerage Phone: 908-766-7500

Last Buyer's Agent

ELENA PEREZ

WESTFIELD REALTY SERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,849

Year Built

  • Built in 1993

Lot Details

  • 523

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,849

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Year Built: 1993
  • County Name: Somerset
  • I D: 5203748
  • Attribution Contact: 908-766-7500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: MADISON VILLAGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Apr 21, 2023
Sold by
Burton Peter and Burton Ann
Bought by
Jastrzebski Nicholas J
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
ELENA PEREZ
WESTFIELD REALTY SERVICE
List Price
$335,000
Sold Price
$339,000
Premium/Discount to List
$4,000
1.19%
Views
268
Current Estimated Value
$404,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,332
Avg. Annual Appreciation
7.07%
Original Mortgage
$271,200
Outstanding Balance
$263,663
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$140,669

Purchase Details

Closed on
May 17, 2010
Sold by
Burton Peter and Burton Ann
Bought by
Burton Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Jastrzebski Nicholas J $339,000 None Listed On Document
Burton Ann -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jastrzebski Nicholas J $271,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Sold $339,000 +1.2% $339 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $335,000 -- $335 / 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 $5,849 $347,300 $140,000 $207,300
2024 $5,849 $328,800 $124,000 $204,800
2023 $5,562 $294,900 $124,000 $170,900
2022 $5,317 $264,400 $120,000 $144,400
2021 $5,518 $261,500 $120,000 $141,500
2020 $5,356 $255,800 $115,000 $140,800
2019 $5,107 $251,100 $125,000 $126,100
2018 $4,952 $247,000 $123,000 $124,000
2017 $4,889 $245,800 $123,000 $122,800
2016 $4,413 $226,200 $123,000 $103,200
2015 $4,403 $229,800 $120,000 $109,800
2014 $4,317 $223,200 $120,000 $103,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    ALMA AGUAYO

    WEICHERT REALTORS

  • I

    Seller Co-Listing Agent in 2023

    IRINA BAGMUT

    WEICHERT REALTORS

  • E

    Buyer's Agent in 2023

    ELENA PEREZ

    WESTFIELD REALTY SERVICE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3828866

Garden State MLS

APN: 02-08701-0000-00180-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

389 Potomac Dr, Basking Ridge, NJ

Not Listed for Sale

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