NOT LISTED FOR SALE

96 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $459,000 - $489,000

2 Beds
2 Baths
-- Sq Ft
$345/mo HOA Fee

Last Sold August 16, 2021

Last sale price $330,000

Est. 43% increase in value since last sale

Current estimated payment $3,405/month

17 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wooded Lot
  • Cedar Hill Elementary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of August 2021

Largest unit in Spring Ridge (Fairfax II) in move in-condition. Large eat-in Kitchen, great cabinet space and large pantry. Formal Dining room opens to the living room, for a perfect entertaining space. Double sided gas fireplace between living room and den. Master Bedroom with private bath, walk-in custom closet and sliders to deck. This unit offers a full size washer and Dryer plus a first floor storage space (12x4) and Garage. Located close to transportation (2 train stations) and shopping.

Last Agent to Sell the Property

Barbara Kukura

COLDWELL BANKER REALTY Listed on: 05/22/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Jennifer Blanchard

BHHS FOX & ROACH

BHHS FOX & ROACH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,528

Year Built

  • Built in 1994

Lot Details

  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Additional Parking

Home Design

  • Aluminum Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Thermal Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room with Fireplace
  • Storage Room
  • Laminate Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • 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

Listing and Financial Details

  • Assessor Parcel Number 2702-08701-0000-00326-0000-CONDO
  • Tax Block *

Community Details

Overview

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

$5,528

Year Built

Built in 1994

Lot Details

0

HOA Fees

$345 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: 1994
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 96
  • Directions: King George Road to Spring Ridge Entrance
  • I D: 5072628
  • Modified: 2022-08-17
  • Number Images: 22
  • Section Subdiv Development: Spring Ridge
  • First Name: BARBARA
  • First Name3: JENNIFER A.
  • Last Name: KUKURA
  • Last Name3: BLANCHARD
  • Office Phone3: 908-580-5000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile
  • Fireplace Description: Gas Fireplace, Living Room, Rec Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Skylight, Smoke Detector, StallShw, TubShowr, Walk-In Closet, Window Treatments
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Den Level: Second
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 15x10
  • Kitchen Level: Second
  • Living Room Dim: 14x11
  • Living Room Level: Second
  • Other Room 1: Foyer
  • Other Room1 Dim: 8x4
  • Other Room1 Level: Second
  • Other Room2 Dim: 12x4
  • Other Room2 Level: First
  • Other Room 3: Storage Room
  • Other Room 4: Storage Room
  • Level 1 Rooms: Storage Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Den, Dining Room, Foyer, Kitchen, Laundry Room, Living Room
  • Phone: 908-754-7511

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Curbs, Deck, Sidewalk, Tennis Courts, Thermal Windows/Doors, Underground Lawn Sprinkler
  • 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, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, 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: Club House, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 345
  • 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: One Time

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: 145500
  • Assessed Land Value: 118500
  • Assessment: 264000
  • Easement: Unknown
  • Lot Description: Level Lot, Wooded Lot
  • Lot Identifier: 326
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 1035
  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5528
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-08701-0000-00326-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: CEDAR HILL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
May 7, 2014
Sold by
Pandiarajan Vijay and Pandiarajan Vijayakumar
Bought by
Esposito Arthur M and Matteace Esposito Stella M
Seller's Agent
Peter 'PJ' Decicco
COMPASS NEW JERSEY, LLC
Buyer's Agent
Barbara Kukura
COLDWELL BANKER REALTY
Sold Price
$300,000
Total Days on Market
17
Current Estimated Value
$470,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,953
Avg. Annual Appreciation
4.42%

Purchase Details

Listed on
Sep 6, 2012
Closed on
Sep 6, 2012
Sold by
Petti Gerald J
Bought by
Pandiarajan Vijay
Buyer's Agent
Peter 'PJ' Decicco
COMPASS NEW JERSEY, LLC
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$212,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2002
Sold by
Polsen Patricia
Bought by
Petti Gerald and Petti Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.16%

Purchase Details

Closed on
Mar 29, 2000
Sold by
Arthur Paul
Bought by
Polsen Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.4%

Purchase Details

Closed on
May 30, 1996
Sold by
Bancala Jayne
Bought by
Arthur Paul and Prichard Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.89%

Purchase Details

Closed on
Jul 29, 1994
Sold by
Hovnanian K
Bought by
Bancala Anthony and Bancala Jayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.25%
Source: Public Records

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Range of Values:

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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
Esposito Arthur M $300,000 None Available
Pandiarajan Vijay $265,000 None Available
Petti Gerald $250,000 --
Polsen Patricia $180,000 --
Arthur Paul $149,000 --
Bancala Anthony $148,370 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pandiarajan Vijay $212,000
Previous Owner Petti Gerald $200,000
Previous Owner Polsen Patricia $144,000
Previous Owner Arthur Paul $80,000
Previous Owner Bancala Anthony $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $330,000 -2.9% --
06/08/2021 06/08/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $340,000 +13.3% --
05/09/2014 05/09/14 Sold $300,000 +13.2% --
09/06/2012 09/06/12 Sold $265,000 -- --
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 $6,723 $377,900 $127,700 $250,200
2023 $6,680 $354,200 $127,700 $226,500
2022 $6,138 $305,200 $123,600 $181,600
2021 $5,694 $270,300 $123,600 $146,700
2020 $5,528 $264,000 $118,500 $145,500
2019 $5,563 $273,500 $128,800 $144,700
2018 $5,277 $263,200 $123,000 $140,200
2017 $5,416 $272,300 $123,000 $149,300
2016 $5,408 $277,200 $123,000 $154,200
2015 $5,384 $281,000 $120,000 $161,000
2014 $5,172 $267,400 $120,000 $147,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3714564

Garden State MLS

APN: 02-08701-0000-00326-0000-CONDO