NOT LISTED FOR SALE

1001 Timber Oaks Rd Edison, NJ 08820

Estimated Value: $687,311 - $703,000

3 Beds
2.5 Baths
1,848 Sq Ft
2,875 Sq Ft Lot

Last Sold April 08, 2021

Last sale price $485,000 $262 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,759/month

41 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • James Madison Primary School Rated A-
  • Property is near public transit
  • Attic

About This Home

As of April 2021

Your wait is over! Located in the heart of North Edison. Wonderful, spacious 3 Bedroom 2.5 bath fully finished basement home. North-East exposure! Lovely updated kitchen, stainless steel appliances and granite counter tops. Living room has a gorgeous bay window & custom built-ins. Family room with fireplace finished with a full stone wall mantel. Wet bar, spacious master bedroom with dressing area and walk-in closet. Large park like backyard with a deck.Newer HVAC and Water Heater. MUST SEE!!!

Last Agent to Sell the Property

Jagpaviterjit Singh

GRAND CASTLE REALTY Listed on: 01/27/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,528

Year Built

  • Built in 1982

Lot Details

  • 2,875

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Site Parking
  • Open Parking

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance
  • Oaks Sec 2 Bldg 10 Subdivision

Building Details

  • Maintenance Expense $260

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,528

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: See Remarks
  • Subdivision Name: Oaks Sec 2 Bldg 10
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Dining L
  • Master Bedroom Features: Dressing Room, Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Pantry, Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Kitchen Exhaust Fan, Electric Water Heater, Gas Water Heater
  • Has Basement: Full, Finished, Utility Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood, See Remarks
  • Interior Amenities: Wet Bar, Dining Room, Family Room, Entrance Foyer, Kitchen, Living Room, 3 Bedrooms, Bath Main, Bath Second, Attic
  • Living Area: 1848
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Near Public Transit
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Asphalt, On Site

Utilities

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

Condo/Co-op/Association

  • Community Features: See Remarks, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance

Lot Info

  • Zoning: RBBT

Multi Family

  • Maintenance Expense: 260

Tax Info

  • Tax Annual Amount: 10528
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 26, 2021
Sold by
Saini Sandeep Kumar and Upta Nidhi
Bought by
Shankar Anand Krishna and Shankar Raghavi
Seller's Agent
Jagpaviterjit Singh
GRAND CASTLE REALTY
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$700,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,952
Avg. Annual Appreciation
8.64%
Original Mortgage
$380,000
Outstanding Balance
$345,538
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$348,839

Purchase Details

Closed on
Sep 1, 2016
Sold by
Lieberman Stephen H and Lieberman Janice
Bought by
Saini Sandeep Kumar and Gupta Nidhi

Purchase Details

Closed on
Mar 26, 1993
Bought by
Lieberman Stephen H and Lieberman Janice
Source: Public Records

Range of Values:

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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
Shankar Anand Krishna $485,000 Golden Title Agency Llc
Shankar Anand Krishna $485,000 Golden Title
Saini Sandeep Kumar $450,000 --
Lieberman Stephen H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shankar Anand Krishna $380,000
Closed Shankar Anand Krishna $380,000
Previous Owner Saini Sandeep Kumar $330,000
Previous Owner Saini Sandeep Kumar $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $485,000 0.0% $262 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $485,000 -- $262 / 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 $10,658 $180,000 $65,000 $115,000
2023 $10,658 $180,000 $65,000 $115,000
2022 $10,661 $180,000 $65,000 $115,000
2021 $10,229 $180,000 $65,000 $115,000
2020 $10,528 $180,000 $65,000 $115,000
2019 $9,734 $180,000 $65,000 $115,000
2018 $9,886 $180,000 $65,000 $115,000
2017 $9,677 $180,000 $65,000 $115,000
2016 $8,757 $173,200 $65,000 $108,200
2015 $8,424 $173,200 $65,000 $108,200
2014 $8,185 $173,200 $65,000 $108,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2111306

All Jersey MLS

APN: 05-00427-0000-00026-0000-C1001