NOT LISTED FOR SALE

62 Potomac Dr Unit 7 Basking Ridge, NJ 07920

Estimated Value: $321,973 - $334,000

1 Bed
1 Bath
-- Sq Ft
261 Sq Ft Lot

Last Sold September 17, 2013

Last sale price $191,500

Est. 71% increase in value since last sale

Current estimated payment $2,210/month

About This Home

As of September 2013

This home is located at 62 Potomac Dr Unit 7, Basking Ridge, NJ 07920 since 17 September 2013 and is currently estimated at $327,743. This property was built in 1994. 62 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.

Last Listed By

Joseph Cacciato

RE/MAX INTEGRITY ADVANTAGE Brokerage Phone: 908-754-1500 Listed on: 09/17/2013

RE/MAX INTEGRITY ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,494

Year Built

  • 1994

Lot Details

  • 261

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,494

Year Built

1994

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 62
  • I D: 4349490
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-754-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1994

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.00

Lot Info

  • Lot Size: MADISON VILLAGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2013
Closed on
Sep 11, 2013
Sold by
Sponsobiec Vivian F
Bought by
Gerhard Curt B
Seller's Agent
Joseph Cacciato
RE/MAX INTEGRITY ADVANTAGE
Buyer's Agent
ALMA AGUAYO
WEICHERT REALTORS
Sold Price
$191,500
Total Days on Market
0
Current Estimated Value
$327,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,243
Avg. Annual Appreciation
5.14%
Original Mortgage
$143,625
Outstanding Balance
$108,874
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$235,412

Purchase Details

Closed on
Jan 30, 2009
Sold by
Sebolt Richard C
Bought by
Sposobiec Vivian F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2000
Sold by
Stevens Teresa
Bought by
Sebolt Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
7.76%

Purchase Details

Closed on
Sep 30, 1994
Sold by
Hovnanian K
Bought by
Stevens Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.55%

Range of Values:

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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
Gerhard Curt B $191,500 Fidelity National Title Ins
Sposobiec Vivian F $206,500 None Available
Sebolt Richard $149,900 --
Stevens Teresa $103,997 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerhard Curt B $143,625
Previous Owner Sposobiec Vivian F $65,000
Previous Owner Sebolt Richard $119,900
Previous Owner Stevens Teresa $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2013 09/17/13 Sold $191,500 -- --
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 $4,494 $252,600 $124,000 $128,600
2023 $4,204 $222,900 $124,000 $98,900
2022 $4,131 $205,400 $120,000 $85,400
2021 $4,304 $204,000 $120,000 $84,000
2020 $4,096 $195,600 $115,000 $80,600
2019 $3,946 $194,000 $125,000 $69,000
2018 $3,826 $190,800 $123,000 $67,800
2017 $3,803 $191,200 $123,000 $68,200
2016 $3,627 $185,900 $123,000 $62,900
2015 $3,577 $186,700 $120,000 $66,700
2014 $3,611 $186,700 $120,000 $66,700
Source: Public Records

Agents Affiliated with this Home

  • Joseph Cacciato

    Seller's Agent in 2013

    Joseph Cacciato

    RE/MAX

    (908) 768-5749

    18 Total Sales

    Joseph Cacciato
    Section Image

  • A

    Buyer's Agent in 2013

    ALMA AGUAYO

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3052588

Garden State MLS

APN: 02-08701-0000-00361-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

62 Potomac Dr Unit 7, Basking Ridge, NJ

Homes for Sale in Basking Ridge, NJ

This home is located at 62 Potomac Dr Unit 7, Basking Ridge, NJ 07920 since 17 September 2013 and is currently estimated at $327,743. This property was built in 1994. 62 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.

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