NOT LISTED FOR SALE

81 Potomac Dr Unit 9 Basking Ridge, NJ 07920

Estimated Value: $311,000 - $328,000

1 Bed
1 Bath
-- Sq Ft
$313/mo HOA Fee

Last Sold December 01, 2016

Last sale price $177,000

Est. 80% increase in value since last sale

Current estimated payment $2,361/month

60 Days on Market

Highlights

  • Formal Dining Room
  • Thermal Windows
  • Bathtub with Shower
  • Cedar Hill Elementary School Rated A
  • Breakfast Bar
  • Patio

About This Home

As of December 2016

PRICE REDUCTION BUY THIS TOWNHOME! Bright condo with upgraded engineered hardwood flooring and open floor plan. Arsdsley Model in ground floor location. Kitchen has stainless appliances and ample counter space. Nice bedroom and ensuite bath. Large storage room off the kitchen. Community amenities include tennis, outdoor pool,clubhouse, playground. Application fee for capital funding due at closing. Pet restriction: no dogs are allowed in the complex. One assigned parking spot, extra parking.

Last Agent to Sell the Property

Carolyn Galant

COLDWELL BANKER REALTY Listed on: 08/08/2016

COLDWELL BANKER REALTY

Last Buyer's Agent

GERRY PETULLO JR.

CENTURY 21 THE CROSSING

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,387

Year Built

  • Built in 1994

Lot Details

  • 305

HOA Fees

  • $313 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Formal Dining Room
  • Dryer

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Parking

  • 1 Parking Space
  • Additional Parking
  • Assigned Parking

Schools

  • Cedar Hill Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Water Tap or Transfer Fee
  • Gas Water Heater

Additional Features

  • Accessible Bedroom
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00319-0000-CONDO
  • Tax Block *

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors

Recreation

  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,387

Year Built

Built in 1994

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Style: Townhouse-Interior, One Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1994
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 81
  • Directions: Rt 78 exit 36 to King George Rd to Spring Valley Blvd ( Spring Ridge Entrance) to Left on Potomac to 3rd courtyard on the left to 81.
  • I D: 4643198
  • Modified: 2021-09-23
  • Number Images: 13
  • First Name: CAROLYN J
  • First Name3: GERRY
  • Last Name: GALANT
  • Last Name3: PETULLO JR.
  • Office Phone: 211286
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Dishwasher, Stackable Washer/Dryer, Dryer
  • Number Rooms: 4
  • Bedrooms: 1
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Ground
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 12x08
  • Kitchen Level: Ground
  • Living Room Dim: 20x12
  • Living Room Level: Ground
  • Other Room 1: Storage Room
  • Other Room1 Dim: 8x4
  • Other Room1 Level: Ground
  • Other Room 2: Bathroom
  • Other Room2 Dim: 10x06
  • Other Room2 Level: Ground
  • Ground Level Rooms: 1 Bedroom, Kitchen, Dining Room, Bath Main
  • Phone: 973-635-5555

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Tennis Courts, Thermal Windows/Doors, Patio, Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 313
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: R
  • Other Fees: 440

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: 50600
  • Assessed Land Value: 123000
  • Assessment: 173600
  • Easement: Unknown
  • Lot Identifier: 319
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 939
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3387
  • Assessor Parcel Number: 2702-08701-0000-00319-0000-CONDO
  • Tax Rate Amount: 1.951
  • Tax Rate Year: 2016
  • Tax Year: 2016

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Nov 28, 2016
Sold by
Woodruff Justin C
Bought by
Belverio Barbara
Seller's Agent
Carolyn Galant
COLDWELL BANKER REALTY
Buyer's Agent
GERRY PETULLO JR.
CENTURY 21 THE CROSSING
List Price
$185,000
Sold Price
$177,000
Premium/Discount to List
-$8,000
-4.32%
Total Days on Market
60
Current Estimated Value
$318,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,912
Avg. Annual Appreciation
7.35%
Original Mortgage
$92,000
Outstanding Balance
$75,305
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$248,265

Purchase Details

Listed on
Jun 27, 2013
Closed on
Jun 27, 2013
Sold by
Abram John
Bought by
Woodruff Justin C
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.33%
Original Mortgage
$140,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2009
Sold by
The Peterson Revocable Trust
Bought by
Abram John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,341
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2003
Sold by
Leighton Eric
Bought by
Peterson Jeffrey and Peterson Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.95%

Purchase Details

Closed on
Aug 19, 2002
Sold by
Carol Ruth
Bought by
Leighton Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.48%

Purchase Details

Closed on
Nov 5, 1999
Sold by
Rice Mark
Bought by
Carol Ruth

Purchase Details

Closed on
Oct 31, 1994
Sold by
K Hovnanian Spring Ridge
Bought by
Rice Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
8.78%
Source: Public Records

Range of Values:

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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
Belverio Barbara $177,000 Guardian Title Services Llc
Woodruff Justin C $175,000 Stewart Title Guaranty Co
Abram John $202,000 Multiple
Peterson Jeffrey $175,000 --
Leighton Eric $150,000 --
Carol Ruth $121,000 --
Rice Mark $73,466 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belverio Barbara $92,000
Previous Owner Woodruff Justin C $140,000
Previous Owner Abram John $198,341
Previous Owner Peterson Jeffrey $140,000
Previous Owner Leighton Eric $120,000
Previous Owner Rice Mark $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $177,000 -4.3% --
10/07/2016 10/07/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $185,000 +5.7% --
06/27/2013 06/27/13 Sold $175,000 -- --
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
2024 $4,259 $239,400 $124,000 $115,400
2023 $3,981 $211,100 $124,000 $87,100
2022 $3,797 $188,800 $120,000 $68,800
2021 $3,561 $180,600 $120,000 $60,600
2020 $3,644 $174,000 $115,000 $59,000
2019 $3,555 $174,800 $125,000 $49,800
2018 $3,465 $172,800 $123,000 $49,800
2017 $3,441 $173,000 $123,000 $50,000
2016 $3,387 $173,600 $123,000 $50,600
2015 $3,336 $174,100 $120,000 $54,100
2014 $3,166 $163,700 $120,000 $43,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3327676

Garden State MLS

APN: 02-08701-0000-00319-0000-CONDO