Sold Oct 19, 1999
$179,900
Buyer
Seller
Sold Mar 23, 1994
$120,224
Buyer
Seller
$80,000
by K Hovnanian Mtg
Mortgage
251 Potomac Drive in Basking Ridge, NJ was first built in 1994 and is 30 years old.
This has been categorized as a residential property type.
For those interested in architecture, the building on the property was built in a condo style.
251 Potomac Drive has 1,000 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.
In total, the area measurement of the land is 287 square feet.
Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 251 Potomac Drive was last sold in Oct 18, 1999 for $179,900. According to our calculations, that's $179.90 per sqft. Prior to that sales transaction, the property was sold for $120,224 in Feb 18, 1994. Current property owners are expected to pay $5,649 in taxes per year. The property on 251 Potomac Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $299,500. To break that down further, the land itself was valued at $124,000. While improvements to the property were assessed at a total of $175,500. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 251 Potomac Drive was last sold in Oct 18, 1999 for $179,900. According to our calculations, that's $179.90 per sqft. Prior to that sales transaction, the property was sold for $120,224 in Feb 18, 1994. Current property owners are expected to pay $5,649 in taxes per year. The property on 251 Potomac Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $299,500. To break that down further, the land itself was valued at $124,000. While improvements to the property were assessed at a total of $175,500. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
251 Potomac Drive, Basking Ridge, NJ 07920
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