NOT LISTED FOR SALE

1518 Raspberry Ct Edison, NJ 08817

Estimated Value: $290,817 - $328,000

1 Bed
1 Bath
932 Sq Ft
$330/Sq Ft Est. Value

About This Home

Welcome to 1518 Raspberry Court - a fully renovated, oversized 1 bedroom/1 bathroom corner unit condominium within the coveted Edison Hollows community. Just one flight up, the home's spacious floor plan flows beautifully and offers everything a home owner or investor would seek. The wide-open living room boasts floor-to-ceiling sliding glass doors and a south-facing terrace. The gorgeous kitchen has been fully re-imagined with white quartz countertops, matching single slab back splash, and rich navy cabinetry. Ample cabinets with an abundance of storage space allow you to tuck away diningware, cutlery, and every small appliance imaginable when not in use. The full Samsung appliance package in sleek stainless steel includes a fantastic 5 burner gas range, dishwasher, refrigerator, and under mount microwave, perfect for leaving the countertops clean and maximizing work space for meal prep. Just beyond the kitchen is a lovely nook for dining, and at the other end of the kitchen is a double-door closet/storage space - with in-unit washer/dryer hook-up ready to go, and plenty of room for additional food pantry and storage. Moving through the home from kitchen to living room, you will find the fully updated bathroom with white tile work, a frameless glass shower door, and beautiful chrome accessories to finish the space. Finally, enter the bedroom - sunny, spacious, and the perfect retreat after a long day, with windows on both exterior walls and its own extra-wide double door closet. Additional home features include: a deep coat closet upon entry, a linen closet just off the bathroom, and a utility closet just off of the terrace that houses the home's mechanical systems - the HVAC/furnace and central AC system, and hot water heater. The entire home flows seamlessly thanks to its brand new, low maintenance flooring throughout. Edison Hollows offers a playground and barbecue area for residents. One assigned parking space is included. You'll enjoy easy access to the Edison Train Station, Rutgers University, downtown Metuchen, vibrant parks, and all the wonderful shopping and dining options Edison has to offer. Welcome home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2004
Sold by
Karthikeyan Gnanakanth
Bought by
Keshava Babu
Current Estimated Value
$323,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$68,945
Interest Rate
6.02%
Estimated Equity
$238,259

Purchase Details

Closed on
Nov 3, 2000
Sold by
Kim Jay
Bought by
Karthikeyan Gnanakanth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
7.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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Average Value
Not Available
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
Keshava Babu $160,000 --
Karthikeyan Gnanakanth $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keshava Babu $144,000
Previous Owner Karthikeyan Gnanakanth $58,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2026 03/12/26 For Sale $325,000 -- $349 / Sq Ft

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 $3,679 $61,800 $20,000 $41,800
2024 $3,659 $61,800 $20,000 $41,800
2023 $3,659 $61,800 $20,000 $41,800
2022 $3,660 $61,800 $20,000 $41,800
2021 $3,512 $61,800 $20,000 $41,800
2020 $3,615 $61,800 $20,000 $41,800
2019 $3,274 $61,800 $20,000 $41,800
2018 $3,214 $61,800 $20,000 $41,800
2017 $3,183 $61,800 $20,000 $41,800
2016 $3,125 $61,800 $20,000 $41,800
2015 $3,006 $61,800 $20,000 $41,800
2014 $2,921 $61,800 $20,000 $41,800
Source: Public Records

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