NOT LISTED FOR SALE

118 Waltuma Ave Edison, NJ 08837

Estimated Value: $559,000 - $1,199,000

4 Beds
2.5 Baths
3,000 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $795,000 $265 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,894/month

119 Days on Market

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Attic
  • James Monroe Elementary School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of February 2021

Home is nestled on top of a hill with commanding views of the town. Stunning New Construction Colonial style home boasting 4 bedrooms, grand foyer, formal dining room, gourmet eat-in kitchen with custom cabinetry and granite counter tops, open family room and more...This distinctive home has 2 zone heating and cooling units, 2 car garage, enormous master bedroom and closet, with only the finest furnishings throughout. Minutes away from Metuchen Train Station and all stores and shops. Make this your family's new home today!

Last Agent to Sell the Property

tony tony

DAVID REALTY GROUP Listed on: 09/26/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,054

Lot Details

  • 8,712 Sq Ft Lot
  • Street terminates at a dead end
  • Property is zoned RB

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Driveway
  • Open Parking

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Bathtub

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Water Heater
  • Cable TV Available

Community Details

  • Association fees include trash
  • Waltuma Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,054

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Ownership: Fee Simple
  • Subdivision Name: Waltuma Estates
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Only
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Two Sinks, Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Breakfast Bar, Kitchen Island, Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Kitchen Exhaust Fan, Electric Water Heater
  • Has Basement: Full, Recreation Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: See Remarks
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Entrance Foyer, Kitchen, Living Room, Dining Room, Powder Room, Family Room, 4 Bedrooms, Bath Main, Attic
  • Stories: 2

Exterior Features

  • Lot Features: Dead - End Street
  • Roof: Asphalt, Fiberglass

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Asphalt, Garage, Attached, Driveway, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air, Zoned
  • Heating: Zoned, Forced Air
  • Heating Yn: Yes
  • Electric: 240 Volt(s), 200 Amp(s)
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Trash

Lot Info

  • Lot Size Sq Ft: 8712
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 5054
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Feb 22, 2021
Sold by
Waltuma Estates Llc
Bought by
Gao Xiao Mei and Chen Qian
Seller's Agent
tony tony
DAVID REALTY GROUP
List Price
$795,000
Sold Price
$795,000
Current Estimated Value
$983,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,899
Avg. Annual Appreciation
4.60%
Original Mortgage
$636,000
Outstanding Balance
$576,569
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$396,283
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
Gao Xiao Mei $795,000 Providence Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Xiao Mei $636,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $795,000 0.0% $265 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
09/26/2020 09/26/20 For Sale $795,000 -- $265 / 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 $18,391 $310,600 $89,800 $220,800
2023 $18,391 $310,600 $89,800 $220,800
2022 $18,397 $310,600 $89,800 $220,800
2021 $5,301 $89,800 $89,800 $0
2020 $5,252 $89,800 $89,800 $0
2019 $5,054 $89,800 $89,800 $0
2018 $4,932 $89,800 $89,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2105625

All Jersey MLS

APN: 05-00694-18-00071-04