52 Potomac Dr Unit 7 Basking Ridge, NJ 07920
Estimated Value: $400,473 - $434,000
2
Beds
1
Bath
1,000
Sq Ft
$424/Sq Ft
Est. Value
About This Home
This home is located at 52 Potomac Dr Unit 7, Basking Ridge, NJ 07920 and is currently estimated at $424,118, approximately $424 per square foot. 52 Potomac Dr Unit 7 is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 12, 2008
Sold by
Fry Christopher J
Bought by
Musa Osama M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,750
Outstanding Balance
$124,789
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$306,691
Purchase Details
Closed on
Sep 30, 1994
Sold by
K Hovnanian Spring Ridge
Bought by
Fry Chris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
8.43%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Musa Osama M | $257,500 | New Jersey Title Ins Co | |
Fry Chris | $125,765 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Musa Osama M | $192,750 | |
Previous Owner | Fry Chris | $123,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,225 | $349,900 | $124,000 | $225,900 |
2023 | $6,143 | $325,700 | $124,000 | $201,700 |
2022 | $5,836 | $290,200 | $120,000 | $170,200 |
2021 | $5,104 | $241,900 | $120,000 | $121,900 |
2020 | $4,942 | $236,000 | $115,000 | $121,000 |
2019 | $4,729 | $232,500 | $125,000 | $107,500 |
2018 | $4,585 | $228,700 | $123,000 | $105,700 |
2017 | $4,511 | $226,800 | $123,000 | $103,800 |
2016 | $4,599 | $235,700 | $123,000 | $112,700 |
2015 | $4,598 | $240,000 | $120,000 | $120,000 |
2014 | $4,500 | $232,700 | $120,000 | $112,700 |
Source: Public Records
Map
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