NOT LISTED FOR SALE

1 Palm Ct Edison, NJ 08820

Estimated Value: $591,271 - $638,000

3 Beds
2.5 Baths
1,463 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $570,000 $390 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,807/month

14 Days on Market

Highlights

  • Property is near public transit and shops
  • Wood Flooring
  • Granite Countertops
  • Martin Luther King Elementary School Rated A
  • Corner Lot
  • Private Yard

About This Home

As of July 2024

Welcome to your dream home at 1 Palm Court, Edison, NJ. This stunning corner unit townhouse offers a perfect blend of modern upgrades and classic charm. Key Features: Location: Nestled in the heart of Edison, off Inman Road, this townhouse is situated at 1 Palm Court, offering convenience and accessibility to nearby shopping and trains. Bedrooms: With 3 spacious bedrooms, there's ample space for the whole family or for guests. Bathrooms: Enjoy the luxury of 2 and a half bathrooms, ensuring comfort and convenience for everyone. Updated Kitchen: The heart of this home features an updated kitchen boasting new quartz countertops and sleek stainless steel appliances. Whether you're a culinary enthusiast or enjoy casual dining, this kitchen is sure to impress. New Paint: Freshly painted interiors give this townhouse a bright and inviting atmosphere, ready for you to add your personal touch. Flooring: Revel in the combination of hardwood and wood laminate flooring throughout the home, providing both elegance and durability. Additional Amenities: Cozy Living Spaces Dining Area Perfect for Entertaining Abundant Natural Light Attached Garage Private Patio Area Location Highlights: Conveniently located near shopping centers, restaurants, parks, recreation centers and major highways, this townhouse offers the perfect balance of tranquility and accessibility. Excellent Schools: The Elementary School is MLK, John Adams Middle School, and JP Stevens High School. Don't miss out on the opportunity to make this beautiful corner unit townhouse your new home. Schedule a viewing today! BEST AND FINAL OFFERS DUE BY 5 PM TUES 05/21/2024

Last Agent to Sell the Property

PAUL HSU

SERHANT NEW JERSEY LLC Listed on: 05/15/2024

SERHANT NEW JERSEY LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,200

Year Built

  • Built in 1982

Lot Details

  • 1,320 Sq Ft Lot
  • Lot Dimensions are 60.00 x 22.00
  • Northeast Facing Home
  • Private Yard

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,463 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Utility Room

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit and shops

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management fee, common area maintenance, maintenance structure, snow removal, trash, ground maintenance
  • Heatherwood Sec 111 A Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $270

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,200

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0303
  • Lot Size: 60.00 x 22.00
  • Ownership: Condominium
  • Subdivision Name: Heatherwood Sec 111-a
  • Architectural Style: Townhouse
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Dressing Room, Full Bath
  • Room Kitchen Features: Granite/Corian Countertops, Breakfast Bar, Kitchen Exhaust Fan
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Refrigerator, Washer, Kitchen Exhaust Fan, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Laminate
  • Interior Amenities: Entrance Foyer, Kitchen, Laundry Room, Bath Half, Living Room, Dining Room, Utility Room, 3 Bedrooms, Bath Full, Bath Main, Storage, None
  • Living Area: 1463
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Corner Lot
  • Pool Features: None
  • Direction Faces: Northeast
  • Exterior Features: Patio, Yard
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Garage, Attached, Garage Door Opener, Driveway, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Management Fee, Common Area Maintenance, Maintenance Structure, Snow Removal, Trash, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 1320
  • Zoning: RBBT

Multi Family

  • Maintenance Expense: 270

Tax Info

  • Tax Annual Amount: 7200
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 9, 2024
Sold by
Olszewski Lorraine C and Olszewski Jeffrey S
Bought by
Kumar Rudrappa and Badagal Shivakumar Swaroopa
Seller's Agent
PAUL HSU
SERHANT NEW JERSEY LLC
List Price
$490,000
Sold Price
$570,000
Premium/Discount to List
$80,000
16.33%
Views
64
Current Estimated Value
$614,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,318
Avg. Annual Appreciation
5.02%
Original Mortgage
$280,000
Outstanding Balance
$266,262
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$348,056
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kumar Rudrappa $570,000 Weichert Title Agency
Kumar Rudrappa $570,000 Weichert Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Rudrappa $280,000
Closed Kumar Rudrappa $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2024 07/10/24 Sold $570,000 +16.3% $390 / Sq Ft
05/15/2024 05/15/24 For Sale $490,000 -- $335 / Sq Ft
Source: All Jersey 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 $7,513 $126,200 $65,000 $61,200
2024 $7,472 $126,200 $65,000 $61,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2412059R

All Jersey MLS

APN: 05-00412-0000-00077-01