Seller's Agent in 2022
Michelle Rizzo
RE/MAX WELCOME HOME
(908) 501-2651
101 in this area
254 Total Sales
114 Park Gate Dr Edison, NJ 08820
Estimated Value: $573,000 - $696,000
2
Beds
2.5
Baths
1,743
Sq Ft
$375/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Property is near public transit
- Granite Countertops
- Woodbrook Elementary School Rated A
- Whirlpool Bathtub
- Private Yard
About This Home
As of December 2022Detached Expanded Elan Model in Prestigious Park Gate Community. Well maintained unit featuring granite kitchen, dining room, living room with gas fireplace and sliding glass door to private patio and yard, spacious family room with second sliding glass door. Master bedroom en-suite with large whirlpool tub and shower. 2 car garage with attic access. Generac Power System. 24 hour security gate, pool, playground & tennis court.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $13,164
Year Built
- Built in 1983
Lot Details
- 39 Sq Ft Lot
- Private Yard
Parking
- 2 Car Attached Garage
- Side by Side Parking
- Open Parking
- Assigned Parking
Home Design
- Asphalt Roof
Interior Spaces
- 1,743 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Whirlpool Bathtub
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Security Gate
Pool
- In Ground Pool
- Spa
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- Water Filtration System
- Gas Water Heater
- Water Softener is Owned
Additional Features
- Patio
- Property is near public transit
Community Details
Overview
- Association fees include amenities-some, management fee, common area maintenance, snow removal, ground maintenance, maintenance fee
- Park Gate Subdivision
Additional Features
- Maintenance Expense $370
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2022
Closed on
Dec 8, 2022
Sold by
Joseph F Falbo Living Trust
Bought by
Jain Rajenish Kumar and Jain Rashmi
Seller's Agent
Michelle Rizzo
RE/MAX WELCOME HOME
List Price
$549,900
Sold Price
$510,000
Premium/Discount to List
-$39,900
-7.26%
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,797
Avg. Annual Appreciation
7.89%
Original Mortgage
$200,000
Outstanding Balance
$158,224
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$495,573
Purchase Details
Closed on
May 12, 2015
Sold by
Falbo Joseph F
Bought by
Falbo Joseph F
Purchase Details
Closed on
May 15, 2001
Sold by
Schackne Rae
Bought by
Falbo Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.08%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jain Rajenish Kumar | $510,000 | Stewart Title | |
| Falbo Joseph F | -- | -- | |
| Falbo Joseph | $293,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jain Rajenish Kumar | $200,000 | |
| Previous Owner | Falbo Joseph | $148,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2022 12/12/22 | Sold | $510,000 | 0.0% | $293 / Sq Ft | |
| 12/12/2022 12/12/22 | Sold | $510,000 | -2.8% | $293 / Sq Ft | View Prior Sale |
| 10/29/2022 10/29/22 | Pending | -- | -- | -- | |
| 10/21/2022 10/21/22 | Price Changed | $524,900 | 0.0% | $301 / Sq Ft | |
| 10/21/2022 10/21/22 | Price Changed | $524,900 | -1.9% | $301 / Sq Ft | |
| 10/04/2022 10/04/22 | For Sale | $534,900 | +4.9% | $307 / Sq Ft | |
| 10/01/2022 10/01/22 | Off Market | $510,000 | -- | -- | |
| 09/20/2022 09/20/22 | Price Changed | $534,900 | 0.0% | $307 / Sq Ft | |
| 09/20/2022 09/20/22 | Price Changed | $534,900 | -0.9% | $307 / Sq Ft | |
| 09/19/2022 09/19/22 | Price Changed | $539,900 | -1.8% | $310 / Sq Ft | |
| 08/12/2022 08/12/22 | Price Changed | $549,900 | 0.0% | $315 / Sq Ft | |
| 08/02/2022 08/02/22 | For Sale | $549,900 | -2.7% | $315 / Sq Ft | |
| 06/14/2022 06/14/22 | For Sale | $564,900 | -- | $324 / Sq Ft |
Source: All Jersey MLS
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 | $13,275 | $223,000 | $70,000 | $153,000 |
| 2024 | $13,204 | $223,000 | $70,000 | $153,000 |
| 2023 | $13,204 | $223,000 | $70,000 | $153,000 |
| 2022 | $13,208 | $223,000 | $70,000 | $153,000 |
| 2021 | $12,015 | $223,000 | $70,000 | $153,000 |
| 2020 | $13,043 | $223,000 | $70,000 | $153,000 |
| 2019 | $12,060 | $223,000 | $70,000 | $153,000 |
| 2018 | $12,247 | $223,000 | $70,000 | $153,000 |
| 2017 | $11,487 | $223,000 | $70,000 | $153,000 |
| 2016 | $11,275 | $223,000 | $70,000 | $153,000 |
| 2015 | $10,847 | $223,000 | $70,000 | $153,000 |
| 2014 | $10,539 | $223,000 | $70,000 | $153,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Rizzo
-
Rupali Gandotra
Buyer's Agent in 2022
Rupali Gandotra
ON TRACK REALTY
(908) 917-3976
23 in this area
52 Total Sales
Map
Source: All Jersey MLS
MLS Number: 2301713R
APN: 05-00593-0000-00053-0000-C0114
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