NOT LISTED FOR SALE

197 College Dr Unit 197 Edison, NJ 08817

Estimated Value: $260,037 - $306,000

2 Beds
1 Bath
896 Sq Ft
1977 Built

Last Sold July 17, 2023

Last sale price $215,500 $241 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,768/month

119 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • 1-Story Property
  • Benjamin Franklin Elementary School Rated A-
  • Bathtub
  • Forced Air Heating System

About This Home

As of July 2023

Welcome to freshly painted 2nd floor unit, beautiful large central kitchen with Ceramic Tiles, hardwood floors throughout, updated bathroom, A.C Central ,and a third Bonus Room that can be used as study room. A Must See.

Last Agent to Sell the Property

shina kaloty

COLDWELL BANKER REALTY Listed on: 03/19/2023

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 1977

Home Design

  • Garden Apartment
  • Asphalt Roof

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Utility Room

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Parking

  • Common or Shared Parking
  • Additional Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • Private Water Source
  • Gas Water Heater

Community Details

Overview

  • Association fees include common area maintenance, insurance
  • Mill Pointe Condo Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $270

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,258

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0022
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Mill Pointe Condo
  • Architectural Style: Garden Apartment Style
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, 2nd Floor
  • Property Attached Yn: Yes
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Bedroom/Bathroom Features: Tub Only
  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Pantry
  • Appliances: Dishwasher, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Kitchen Exhaust Fan, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: 2 Bedrooms, Living Room, Other Room(s), Dining Room, Utility Room
  • Living Area: 896

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Additional Parking, Common

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air, See Remarks, Window Unit(s)
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Area Maintenance, Insurance, See remarks

Lot Info

  • Lot Size Sq Ft: 96
  • Zoning: LR

Multi Family

  • Maintenance Expense: 270

Tax Info

  • Tax Annual Amount: 3258
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2022
Closed on
Jun 16, 2022
Sold by
Abbas Abul and Abbas Leticia C
Bought by
Savita Chahaun
Seller's Agent
TAHIR HUSSAIN
MJ HOMES REALTY, LLC.
List Price
$224,900
Sold Price
$214,900
Premium/Discount to List
-$10,000
-4.45%
Current Estimated Value
$262,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,063
Avg. Annual Appreciation
8.35%

Purchase Details

Closed on
Oct 15, 2018
Sold by
Lim Sumiati
Bought by
Abbas Letica and Abbas Abul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2008
Sold by
Acevedo Isabel M
Bought by
Lim Sumiati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,588
Interest Rate
6.29%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Savita Chahaun $214,900 First American Title
Abbas Letica $146,500 Providence Abstract Llc
Lim Sumiati $183,000 Consolidated Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abbas Letica $80,000
Previous Owner Lim Sumiati $6,588
Previous Owner Lim Sumiati $164,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $215,500 +2.6% $241 / Sq Ft
03/19/2023 03/19/23 For Sale $210,000 -2.3% $234 / Sq Ft
06/17/2022 06/17/22 Sold $214,900 -4.4% $240 / Sq Ft
06/10/2022 06/10/22 Off Market $224,900 -- --
04/02/2022 04/02/22 For Sale $224,900 -- $251 / 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 $3,789 $64,000 $40,000 $24,000
2023 $3,789 $64,000 $40,000 $24,000
2022 $3,258 $55,000 $40,000 $15,000
2021 $3,126 $55,000 $40,000 $15,000
2020 $2,626 $55,000 $40,000 $15,000
2019 $4,556 $86,000 $40,000 $46,000
2018 $4,473 $86,000 $40,000 $46,000
2017 $4,430 $86,000 $40,000 $46,000
2016 $4,348 $86,000 $40,000 $46,000
2015 $4,183 $86,000 $40,000 $46,000
2014 $4,064 $86,000 $40,000 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2309314R

All Jersey MLS

APN: 05-00375-32-00025-0000-C0197