NOT LISTED FOR SALE

103 Gate House Ln Edison, NJ 08820

Estimated Value: $423,412 - $523,000

2 Beds
1 Bath
-- Sq Ft
1,089 Sq Ft Lot

Last Sold October 02, 2020

Last sale price $277,000

Est. 59% increase in value since last sale

Current estimated payment $3,003/month

40 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Ground Level Unit
  • Woodbrook Elementary School Rated A
  • Property is near public transit
  • Private Yard

About This Home

As of October 2020

Exclusive Park Gate Community First floor condo is ready to just move-in. Wood like laminate flooring, stainless appliances, Corian countertops, Living room with fireplace and sliding glass door to patio, formal dining room, master bedroom has private patio. Excellent location with lots of outside space near playground and tennis courts. Non-age restricted gated community. Beautiful pool and common grounds.

Last Agent to Sell the Property

Michelle Rizzo

RE/MAX WELCOME HOME Listed on: 07/24/2020

RE/MAX WELCOME HOME

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,403

Year Built

  • Built in 1983

Lot Details

  • Cul-De-Sac
  • Private Yard

Parking

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

Home Design

  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

Overview

  • Association fees include management fee, common area maintenance, trash, maintenance fee
  • Park Gate Subdivision

Recreation

  • Tennis Courts

Additional Features

  • Maintenance Expense $340
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,403

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Park Gate
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Ground Floor
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Breakfast Bar
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Entrance Foyer, 2 Bedrooms, Kitchen, Bath Main, Living Room, Dining Room
  • Stories: 1

Exterior Features

  • Lot Features: Near Train, Cul-De-Sac
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Exterior Features: 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, Assigned

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Tennis Court(s)
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Management Fee, Common Area Maintenance, Trash, Maintenance Fee

Lot Info

  • Zoning: RBBT

Multi Family

  • Maintenance Expense: 340

Tax Info

  • Tax Annual Amount: 6403
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 1, 2020
Sold by
Skrodzki Richard H
Bought by
Babu Prasanna Kumar
Seller's Agent
Michelle Rizzo
RE/MAX WELCOME HOME
List Price
$277,000
Sold Price
$277,000
Current Estimated Value
$441,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,666
Avg. Annual Appreciation
9.75%
Original Mortgage
$221,600
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Palmasano Grace
Bought by
Kopacz Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 4, 1996
Sold by
Jeffs Anne Lee
Bought by
Palmasano Louis and Palmasano Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.97%
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
Babu Prasanna Kumar $277,000 Providence Abstract Llc
Kopacz Kevin $230,000 --
Palmasano Louis $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babu Prasanna Kumar $221,600
Previous Owner Kopacz Kevin $230,000
Previous Owner Palmasano Louis $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $277,000 0.0% --
09/02/2020 09/02/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $277,000 -- --
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 $7,010 $118,400 $39,000 $79,400
2023 $7,010 $118,400 $39,000 $79,400
2022 $7,013 $118,400 $39,000 $79,400
2021 $6,729 $118,400 $39,000 $79,400
2020 $6,925 $118,400 $39,000 $79,400
2019 $6,403 $118,400 $39,000 $79,400
2018 $6,503 $118,400 $39,000 $79,400
2017 $6,099 $118,400 $39,000 $79,400
2016 $5,986 $118,400 $39,000 $79,400
2015 $5,759 $118,400 $39,000 $79,400
2014 $5,596 $118,400 $39,000 $79,400
Source: Public Records

Agents Affiliated with this Home

  • Michelle Rizzo

    Seller's Agent in 2020

    Michelle Rizzo

    RE/MAX WELCOME HOME

    (908) 501-2651

    112 in this area

    269 Total Sales

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Map

Source: All Jersey MLS

MLS Number: 2101418

All Jersey MLS

APN: 05-00593-0000-00052-0000-C-0103

New Jersey Middlesex County Edison 08820

103 Gate House Ln, Edison, NJ

This home is located at 103 Gate House Ln, Edison, NJ 08820 since 24 July 2020 and is currently estimated at $463,103. This property was built in 1983. 103 Gate House Ln is a home located in Middlesex County with nearby schools including Woodbrook Elementary School, Woodrow Wilson Middle School, and J.P. Stevens High School.

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