NOT LISTED FOR SALE

1016 Waterford Dr Edison, NJ 08817

Estimated Value: $408,000 - $508,000

2 Beds
2 Baths
1,034 Sq Ft
1995 Built

Last Sold August 28, 2024

Last sale price $417,000 $403 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,848/month

5 Days on Market

Highlights

  • Ground Level Unit
  • Entrance Foyer
  • Ceramic Tile Flooring
  • Lincoln Elementary School Rated A
  • Storage
  • Forced Air Heating System

About This Home

As of August 2024

Desirable Waterford 2-Bedroom, 2-Bath unit with the convenience of ground floor living. This unit offers an open-concept spacious living room, dining room and kitchen. The master bedroom features a private bath and huge walk-in closet. The second bedroom includes its own bath. Laundry is in unit. The spacious living room provides access to your private patio area and extra storage room. Community amenities include and outdoor inground pool, playgrounds plenty of parking and a school bus stop in complex. Close to shopping and entertainment and houses of worship, it's a commuters delight, just minutes away from Edison, Metuchen and Metro Park trains to NYC. This centrally located complex is convenient to major highways with easy access to major highways 287, Rt 1, Rt 27, NJ Turnpike & Garden State Parkway. shopping and houses of worship. Interior photos to come soon!

Last Agent to Sell the Property

WENDY ARCURE

COLDWELL BANKER REALTY Listed on: 07/12/2024

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,702

Year Built

  • Built in 1995

Parking

  • On-Site Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,034 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Utility Room

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance fee, management fee, snow removal, trash
  • Waterford Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $316

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,702

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0022
  • Ownership: Condominium
  • Subdivision Name: Waterford
  • Architectural Style: Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Ground Floor
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1995
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Not Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: 2 Bedrooms, Dining Room, Bath Second, Bath Full, Storage, Entrance Foyer, Kitchen, Living Room, Utility Room, None
  • Living Area: 1034
  • Stories: 1

Exterior Features

  • Lot Features: See Remarks
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Site

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Fee, Management Fee, See remarks, Snow Removal, Trash

Lot Info

  • Lot Size Sq Ft: 96

Multi Family

  • Maintenance Expense: 316

Tax Info

  • Tax Annual Amount: 5702
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 27, 2024
Sold by
Cilmar G Ribiro Living Trust
Bought by
Meitei Korou and Ruby Mangsatabam
Seller's Agent
WENDY ARCURE
COLDWELL BANKER REALTY
List Price
$405,000
Sold Price
$417,000
Premium/Discount to List
$12,000
2.96%
Views
69
Current Estimated Value
$444,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,820
Avg. Annual Appreciation
6.47%
Original Mortgage
$296,250
Outstanding Balance
$293,111
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$151,709

Purchase Details

Closed on
May 22, 2017
Sold by
Ribeiro Gilmar G
Bought by
Ribeiro Gilmar G and Gilmar G Ribeiro Living Trust

Purchase Details

Closed on
Nov 21, 2005
Sold by
Brown Michelle
Bought by
Ribeiro Gilmar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.17%

Purchase Details

Closed on
Mar 15, 2004
Sold by
Brown Michelle J
Bought by
Schenk Edna

Purchase Details

Closed on
Jan 1, 2000
Sold by
Brown Dion W
Bought by
Brown Michelle and Clarke Michelle

Purchase Details

Closed on
Sep 21, 1995
Sold by
Wbf Edison Assoc
Bought by
Brown Dion and Clarke Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.86%
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
Meitei Korou $417,000 Green Label Title
Meitei Korou $417,000 Green Label Title
Ribeiro Gilmar G $179,385 None Available
Ribeiro Gilmar $270,000 --
Schenk Edna $193,000 --
Brown Michelle -- --
Brown Dion $90,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meitei Korou $296,250
Closed Meitei Korou $296,250
Previous Owner Ribeiro Gilmar $216,000
Previous Owner Schenk Edna E $15,000
Previous Owner Brown Dion $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $417,000 +3.0% $403 / Sq Ft
07/12/2024 07/12/24 For Sale $405,000 0.0% $392 / Sq Ft
07/01/2023 07/01/23 Rented $2,250 0.0% --
05/08/2023 05/08/23 For Rent $2,250 -- --
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 $5,733 $96,300 $44,000 $52,300
2024 $5,702 $96,300 $44,000 $52,300
2023 $5,702 $96,300 $44,000 $52,300
2022 $5,704 $96,300 $44,000 $52,300
2021 $5,473 $96,300 $44,000 $52,300
2020 $5,633 $96,300 $44,000 $52,300
2019 $5,208 $96,300 $44,000 $52,300
2018 $5,289 $96,300 $44,000 $52,300
2017 $4,960 $96,300 $44,000 $52,300
2016 $4,869 $96,300 $44,000 $52,300
2015 $4,684 $96,300 $44,000 $52,300
2014 $4,551 $96,300 $44,000 $52,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2354721M

All Jersey MLS

APN: 05-00056-16-00002-0000-C1016