NOT LISTED FOR SALE

83 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $409,000 - $418,000

2 Beds
1 Bath
-- Sq Ft
$357/mo HOA Fee

Last Sold November 01, 2022

Last sale price $320,000

Est. 27% increase in value since last sale

Current estimated payment $3,057/month

28 Days on Market

Highlights

  • Private Pool
  • Deck
  • 1 Car Detached Garage
  • Cedar Hill Elementary School Rated A
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of November 2022

Beautiful Move-in ready first floor unit in desirable Spring Ridge community. Freshly Painted and new floors. New HWH,washer and Toilet in 2022. Full size washer and dryer. Large Bathroom with double vanity. Good size storage space and Garage with opener. Convenient location to highways,public transportation and shopping.

Last Agent to Sell the Property

BELLA WANG SINGLETERRY

ELITE REALTORS OF NEW JERSEY Brokerage Phone: 908-334-8905 Listed on: 09/16/2022

Last Buyer's Agent

KAREN HESS

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,192

Year Built

  • Built in 1994

Lot Details

  • 261

HOA Fees

  • $357 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Vinyl Siding

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

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
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00320-0000-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,192

Year Built

Built in 1994

Lot Details

0

HOA Fees

$357 per month

Parking

1

Listing Details

  • Style: First Floor Unit, Multi Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1994
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 83
  • Directions: King George Road to Spring Valley Blvd to Potomac Drive
  • I D: 5179167
  • Modified: 2023-11-02
  • Number Images: 12
  • Section Subdiv Development: Spring Ridge
  • First Name: BELLA WANG
  • First Name3: KAREN
  • Last Name: SINGLETERRY
  • Last Name3: HESS
  • Office Phone: 973-994-9009
  • Office Phone3: 908-757-7780
  • Attribution Contact: 908-334-8905
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 11x11
  • Kitchen Level: First
  • Living Room Dim: 22x14
  • Living Room Level: First
  • Other Room1 Dim: 22x10
  • Other Room1 Level: Basement
  • Phone: 973-994-9009

Exterior Features

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

Garage/Parking

  • Garage Description: Detached Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Parking Driveway Description: Additional Parking

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 357
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection, Water Fees

Fee Information

  • Other Fee Freqency: R

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: 144500
  • Assessed Land Value: 120000
  • Assessment: 264500
  • Easement: Unknown
  • Lot Identifier: 320
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5192
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00320-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.110
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 8, 2022
Sold by
Yang Jonathan D and Yang Chalo Fen
Bought by
Dituri Joseph and Dituri Judith
Seller's Agent
BELLA WANG SINGLETERRY
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
KAREN HESS
WEICHERT REALTORS
List Price
$327,500
Sold Price
$320,000
Premium/Discount to List
-$7,500
-2.29%
Current Estimated Value
$405,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,366
Avg. Annual Appreciation
9.28%

Purchase Details

Listed on
Mar 14, 2014
Closed on
Mar 13, 2014
Sold by
Grigni Fred A and Grigni Lisa A
Bought by
Chen Yang Jonathan D and Chen Yang Chiao Fen
Seller's Agent
IRENE VON DOHLEN
BHHS FOX & ROACH
Buyer's Agent
BELLA WANG SINGLETERRY
ELITE REALTORS OF NEW JERSEY
Sold Price
$254,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
May 26, 1994
Sold by
Hovnanian K
Bought by
Grigni Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
8.22%
Source: Public Records

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
Dituri Joseph $320,000 Fidelity National Title
Chen Yang Jonathan D $254,000 None Available
Grigni Fred $114,164 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grigni Fred A $76,037
Previous Owner Grigni Fred $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $320,000 +0.9% --
10/14/2022 10/14/22 Pending -- -- --
10/06/2022 10/06/22 Price Changed $317,000 -3.2% --
09/16/2022 09/16/22 For Sale $327,500 +28.9% --
03/14/2014 03/14/14 Sold $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
2024 $5,764 $324,000 $124,000 $200,000
2023 $5,709 $302,700 $124,000 $178,700
2022 $5,319 $264,500 $120,000 $144,500
2021 $5,193 $246,100 $120,000 $126,100
2020 $5,030 $240,200 $115,000 $125,200
2019 $4,819 $236,900 $125,000 $111,900
2018 $4,672 $233,000 $123,000 $110,000
2017 $4,585 $230,500 $123,000 $107,500
2016 $4,460 $228,600 $123,000 $105,600
2015 $4,453 $232,400 $120,000 $112,400
2014 $4,340 $224,400 $120,000 $104,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3807714

Garden State MLS

APN: 02-08701-0000-00320-0000-CONDO