NOT LISTED FOR SALE

66 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $329,000 - $396,000

1 Bed
1 Bath
-- Sq Ft
$350/mo HOA Fee

Last Sold March 17, 2022

Last sale price $275,000

Est. 34% increase in value since last sale

Current estimated payment $2,707/month

6 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Den
  • Cedar Hill Elementary School Rated A
  • Deck
  • 1 Car Detached Garage

About This Home

As of March 2022

A great opportunity to own a beautiful Chesterfield model. Open floor plan with 1 bedroom and den/office. Renovations include bathroom, kitchen and hvac systems. Move right into this beautiful unit. The kitchen has been renovated with granite counters, tiled surround with a spacious breakfast bar. The full bath has been renovated with a deep sink and granite counter. Storage closet is included with the unit . The den is currently being used as a dining roomHighest and best tomorrow 2/7/22 at noon -

Last Agent to Sell the Property

Roxanne Formisano

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 02/02/2022

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

Smitha Ramchandani

CHRISTIE'S INT. REAL ESTATE GROUP

CHRISTIE'S INT. REAL ESTATE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,914

Year Built

  • Built in 1989

Lot Details

  • 261

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway
  • Additional Parking
  • Assigned Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Den
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • 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
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00360-0000-CONDO

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,914

Year Built

Built in 1989

Lot Details

0

HOA Fees

$350 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: 1989
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: Spring Valley Boulevard to Potomac
  • I D: 5127187
  • Section Subdiv Development: Spring Ridge
  • First Name: ROXANNE
  • First Name3: SMITHA
  • Last Name: FORMISANO
  • Last Name3: RAMCHANDANI
  • Office Phone: 908-766-0085
  • Attribution Contact: 908-766-0085
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2020

Interior Features

  • Flooring: Carpeting, Tile
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr, Walk-In Closet
  • Bedrooms: 1
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Den Level: Second
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x12
  • Kitchen Level: Second
  • Living Room Dim: 13x22
  • Living Room Level: Second
  • Level 2 Rooms: 1 Bedroom, Bath Main, Den, Foyer, Living Room
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Additional Parking, Assigned, Common

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor
  • Association Maintenance Fee: 350
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: MADISON VILLAGE
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: CatsOK, NumLimit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4914
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00360-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 10, 2022
Sold by
Heller Doreen B
Bought by
Masseria Bryan and Grandelli Frances L
Seller's Agent
Roxanne Formisano
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Smitha Ramchandani
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$254,000
Sold Price
$275,000
Premium/Discount to List
$21,000
8.27%
Current Estimated Value
$368,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,444
Avg. Annual Appreciation
8.18%
Original Mortgage
$220,000
Outstanding Balance
$205,388
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$163,056

Purchase Details

Closed on
Sep 27, 1994
Sold by
K Hovnanian At Spring Ridge
Bought by
Heller Doreen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Masseria Bryan $275,000 Clear Skies Title
Heller Doreen $122,070 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masseria Bryan $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2022 03/17/22 Sold $275,000 +8.3% --
02/11/2022 02/11/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $254,000 -- --
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
2025 $5,003 $319,700 $140,000 $179,700
2024 $5,003 $281,200 $124,000 $157,200
2023 $5,021 $266,200 $124,000 $142,200
2022 $4,917 $244,500 $120,000 $124,500
2021 $4,500 $232,900 $120,000 $112,900
2020 $4,634 $221,300 $115,000 $106,300
2019 $4,544 $223,400 $125,000 $98,400
2018 $4,439 $221,400 $123,000 $98,400
2017 $4,384 $220,400 $123,000 $97,400
2016 $4,234 $217,000 $123,000 $94,000
2015 $4,121 $215,100 $120,000 $95,100
2014 $3,899 $201,600 $120,000 $81,600
Source: Public Records

Agents Affiliated with this Home

  • Roxanne Formisano

    Seller's Agent in 2022

    Roxanne Formisano

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 507-0037

    28 in this area

    59 Total Sales

    Roxanne Formisano
    Section Image
  • Smitha Ramchandani

    Buyer's Agent in 2022

    Smitha Ramchandani

    CHRISTIE'S INT. REAL ESTATE GROUP

    (973) 615-6504

    5 in this area

    235 Total Sales

    Smitha Ramchandani
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3761953

Garden State MLS

APN: 02-08701-0000-00360-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

66 Potomac Dr, Basking Ridge, NJ

Not Listed for Sale

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