NOT LISTED FOR SALE

18 Florence St Edison, NJ 08817

Estimated Value: $462,000 - $487,839

3 Beds
1.5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $375,000

Est. 27% increase in value since last sale

Current estimated payment $3,226/month

13 Days on Market

Highlights

  • Cape Cod Architecture
  • Loft
  • 1 Car Detached Garage
  • Edison High School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of June 2022

This is a COMING SOON LISTING Showings begin 5/13.** Perfect starter home conveniently located 1 block from Rte 1 and minutes away from NJ Turnpike, many shops and restaurants nearby. 3 Bedroom, 1 1/2 bath with unfinished basement that has both a laundry room and storage, Eat In Kitchen, Long driveway fits multiple cars and 1 car garage, nice size backyard for gatherings and BBQ. New Roof installed in 2019, Water heater 2019, Furnace 2019, Windows replaced in 2019.

Last Agent to Sell the Property

Edwin Reyes

Keller Williams Realty West Monmouth License #1861359 Listed on: 05/13/2022

Keller Williams Realty West Monmouth

Last Buyer's Agent

Edwin Reyes

RE/MAX First Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,235

Year Built

  • Built in 1924

Lot Details

  • 4,792

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Loft
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Edison High School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Outdoor Storage
  • Lot Dimensions are 50 x 100

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Microwave
  • Assessor Parcel Number 05-00241-0000-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,235

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dishwasher, Dryer, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Cape
  • Reso Interior Features: Loft
  • Year Built: 1924
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style Cape: Yes
  • Living Room Floor - Laminate3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Interior Loft: Yes
  • Cooling Multi Units: Yes
  • Laundry Level Basement20: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Microwave
  • Exterior Features: Storage
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 05-00241-0000-00017
  • Zoning Description: Residential, Single Family

MLS Schools

  • High School: Edison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
May 28, 2022
Sold by
Chiou Joseph Chih-Wei and Chiou Mei-Chun
Bought by
Diaz Allain Cesar Magno and Diaz Veronica M
Seller's Agent
Edwin Reyes
Keller Williams Realty West Monmouth
Buyer's Agent
Edwin Reyes
Keller Williams Realty West Monmouth
List Price
$335,999
Sold Price
$375,000
Premium/Discount to List
$39,001
11.61%
Current Estimated Value
$474,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,960
Avg. Annual Appreciation
8.06%
Original Mortgage
$375,000
Interest Rate
5.55%
Mortgage Type
VA

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jun 22, 2018
Sold by
Cranley Michael and Cranley Maureen
Bought by
Chiou Joseph Chih Wei and Kuo Mei Chun
Seller's Agent
Deborah Kerr
Keller Williams Elite
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$204,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2003
Sold by
Formoso Lisa
Bought by
Cranley Michael and Cranley Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.86%

Purchase Details

Closed on
Jan 13, 2000
Sold by
Gonczi Donald
Bought by
Formoso Lisa and Formoso Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,426
Interest Rate
7.14%
Mortgage Type
FHA
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
Diaz Allain Cesar Magno $375,000 --
Chiou Joseph Chih Wei $255,000 Commitment For Title Ins
Cranley Michael $215,000 --
Formoso Lisa $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Allain Cesar Magno $375,000
Previous Owner Kuo Mei Chun $175,700
Previous Owner Chiou Joseph Chih Wei $204,000
Previous Owner Cranley Michael $25,000
Previous Owner Cranley Michael $140,000
Previous Owner Formoso Lisa $157,426
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $375,000 +11.6% --
05/13/2022 05/13/22 For Sale $335,999 +31.8% --
06/25/2018 06/25/18 Sold $255,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $7,235 $122,200 $70,000 $52,200
2023 $7,235 $122,200 $70,000 $52,200
2022 $7,238 $122,200 $70,000 $52,200
2021 $7,213 $122,200 $70,000 $52,200
2020 $7,147 $122,200 $70,000 $52,200
2019 $6,877 $122,200 $70,000 $52,200
2018 $4,999 $122,200 $70,000 $52,200
2017 $6,569 $122,200 $70,000 $52,200
2016 $6,447 $122,200 $70,000 $52,200
2015 $6,200 $122,200 $70,000 $52,200
2014 $6,020 $122,200 $70,000 $52,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22214304

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 05-00241-0000-00017-01