NOT LISTED FOR SALE

1 Prestwick Way Edison, NJ 08820

Estimated Value: $583,000 - $637,000

3 Beds
2.5 Baths
1,587 Sq Ft
$383/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $427,000 $269 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,068/month

65 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Woodbrook Elementary School Rated A
  • Property is near public transit
  • Granite Countertops

About This Home

As of December 2020

PRICE REDUCED! Beautiful and well maintained EAST FACING condo/town home with NORTH facing garage located in the sought after Village Pointe development with North Edison schools! Entire home freshly painted! Main floor has hardwood floors and contains large living room with gas fireplace, spacious eat-in kitchen with access to the inviting balcony, large laundry/utility room providing ample storage. Upper level has brand new carpets with two generous sized bedrooms, master bedroom with a walk-in closet. Tiles in all baths and kitchen installed (2016), new gas range (2020), refrigerator and dishwasher (2018), washer/dryer (2018), and new roof to be installed by HOA. One of the best locations in the development being steps away from Hale Park providing plenty of parking for the visitors and nearby Metuchen & Metropark NYC train stations! Come take a look!

Last Agent to Sell the Property

Hala Khurram

WEICHERT CO REALTORS Listed on: 09/25/2020

WEICHERT CO REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,798

Year Built

  • Built in 2000

Lot Details

  • 87

Parking

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

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,587 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, reserve fund, snow removal, trash
  • Village Pointe Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Maintenance Expense $175

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,798

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Village Pointe
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Other Room(s), Utility Room, Bath Half, Dining Room, Family Room, Kitchen, Living Room, Bath Main, Bath Second, 3 Bedrooms
  • Living Area: 1587
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Pool Features: Outdoor Pool
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Common Area Maintenance, Reserve Fund, Snow Removal, Trash

Lot Info

  • Zoning: RBPD

Multi Family

  • Maintenance Expense: 175

Tax Info

  • Tax Annual Amount: 7798
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Dec 11, 2020
Sold by
Gopalan Ravi and Krishnaswamy Vijayalakshmi
Bought by
Muni Sivakumar Sai Rela and Muni Neelam Priyanka
Seller's Agent
Hala Khurram
WEICHERT CO REALTORS
List Price
$427,000
Sold Price
$427,000
Current Estimated Value
$607,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,584
Avg. Annual Appreciation
8.40%
Original Mortgage
$341,600
Outstanding Balance
$306,966
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$308,908

Purchase Details

Closed on
Nov 15, 2005
Sold by
Gandra Venkata Rama Rao
Bought by
Gopalan Ravi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.36%

Purchase Details

Closed on
Jan 22, 2001
Sold by
Edison Village
Bought by
Gandra Venkata Rama Rao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,350
Interest Rate
7.39%
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
Muni Sivakumar Sai Rela $427,000 Fidelity National Title
Gopalan Ravi $390,000 --
Gandra Venkata Rama Rao $192,605 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muni Sivakumar Sai Rela $341,600
Previous Owner Gopalan Ravi $259,252
Previous Owner Gopalan Ravi $312,000
Previous Owner Gandra Venkata Rama Rao $150,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $427,000 0.0% $269 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $427,000 -- $269 / 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
2024 $8,538 $144,200 $58,000 $86,200
2023 $8,538 $144,200 $58,000 $86,200
2022 $8,541 $144,200 $58,000 $86,200
2021 $8,117 $144,200 $58,000 $86,200
2020 $8,434 $144,200 $58,000 $86,200
2019 $7,798 $144,200 $58,000 $86,200
2018 $7,919 $144,200 $58,000 $86,200
2017 $7,428 $144,200 $58,000 $86,200
2016 $7,291 $144,200 $58,000 $86,200
2015 $7,014 $144,200 $58,000 $86,200
2014 $6,815 $144,200 $58,000 $86,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2105863

All Jersey MLS

APN: 05-00594-02-00006-0000-C0001