NOT LISTED FOR SALE

56 Potomac Dr Unit 10 Basking Ridge, NJ 07920

Estimated Value: $318,838 - $402,000

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

Last Sold September 07, 2018

Last sale price $185,000

Est. 86% increase in value since last sale

Current estimated payment $2,602/month

65 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Storage Room
  • Cedar Hill Elementary School Rated A
  • Patio
  • Accessible Bedroom

About This Home

As of September 2018

Why pay rent when you can own this Ardsley model condo in desirable Spring Ridge. Living room with sliding doors to the patio and lawn area. 4x12 storage area off the Kitchen. Dining area open to Kitchen and Living room. Large bedroom with ample closet space. Assigned parking space plus guest parking. Spring Ridge also offers a Pool, tennis courts and club house. Ideal location for commute to NYC from train, bus or car.

Last Listed By

Barbara Kukura

COLDWELL BANKER REALTY Listed on: 06/11/2018

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,440

Year Built

  • Built in 1994

Lot Details

  • 305

HOA Fees

  • $322 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Family or Dining Combination
  • Storage Room
  • Wall to Wall Carpet

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Additional Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Bedroom

Outdoor Features

  • Private Pool
  • Patio

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 2702-08701-0000-00366-0000-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area
  • $966 Other One-Time Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,440

Year Built

Built in 1994

Lot Details

0

HOA Fees

$322 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1994
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 56
  • Directions: King George Rd. to Spring Vally to Potomac
  • I D: 4803678
  • Modified: 2021-09-23
  • Number Images: 15
  • Section Subdiv Development: Spring Ridge
  • First Name: BARBARA
  • First Name3: MILDRED
  • Last Name: KUKURA
  • Last Name3: CORREA
  • Office Phone3: 908-753-0136
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Stackable Washer/Dryer
  • Interior Amenities: TubShowr, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 4
  • Bedrooms: 1
  • Bedroom 1 Level: Ground
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Room Level: Ground
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 12x8
  • Kitchen Level: Ground
  • Living Room Dim: 20x12
  • Living Room Level: Ground
  • Other Room 1: Storage Room
  • Other Room1 Dim: 12x4
  • Other Room1 Level: Ground
  • Ground Level Rooms: 1 Bedroom, LivDinRm, Storage Room, Bath Main, Kitchen
  • Phone: 908-754-7511

Exterior Features

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

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Assigned, Blacktop

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 322
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 966

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: 50000
  • Assessed Land Value: 123000
  • Assessment: 173000
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 366
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 322
  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3440
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00366-0000-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
Jun 11, 2018
Closed on
Sep 5, 2018
Sold by
Oleary Charles
Bought by
Persichino Kelly
Seller's Agent
Barbara Kukura
COLDWELL BANKER REALTY
Buyer's Agent
Mildred Correa
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$194,500
Sold Price
$185,000
Premium/Discount to List
-$9,500
-4.88%
Total Days on Market
65
Current Estimated Value
$343,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,210
Avg. Annual Appreciation
9.32%
Original Mortgage
$160,000
Outstanding Balance
$140,669
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$196,309

Purchase Details

Closed on
Aug 4, 2008
Sold by
Zieger Michael J
Bought by
Oleary Charles

Purchase Details

Closed on
Sep 28, 1994
Sold by
K Hovnanian At Spring Ridge
Bought by
Bradford Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.5%

Purchase Details

Closed on
Jan 2, 1939
Sold by
Harris Glenn
Bought by
Zieger Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.64%

Range of Values:

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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
Persichino Kelly $185,000 Acres Land Title Agency Llc
Oleary Charles $217,500 Fidelity Natl Title Ins Co
Bradford Dianne $94,704 --
Zieger Michael $5,011,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Persichino Kelly $160,000
Previous Owner Leary Charles O $60,000
Previous Owner Bradford Dianne $52,000
Previous Owner Zieger Michael $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $185,000 -4.9% --
08/15/2018 08/15/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $194,500 -- --
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 $4,303 $241,900 $124,000 $117,900
2023 $4,017 $213,000 $124,000 $89,000
2022 $3,827 $190,300 $120,000 $70,300
2021 $3,836 $181,800 $120,000 $61,800
2020 $3,658 $174,700 $115,000 $59,700
2019 $3,618 $177,900 $125,000 $52,900
2018 $3,465 $172,800 $123,000 $49,800
2017 $3,441 $173,000 $123,000 $50,000
2016 $3,445 $176,600 $123,000 $53,600
2015 $3,395 $177,200 $120,000 $57,200
2014 $3,216 $166,300 $120,000 $46,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3478704

Garden State MLS

APN: 02-08701-0000-00366-0000-CONDO