NOT LISTED FOR SALE

198 College Dr Edison, NJ 08817

Estimated Value: $249,098 - $260,000

2 Beds
1 Bath
896 Sq Ft
1977 Built

Sale Details

Date Sold: December 13, 2023

Last sale price $225,000 $251 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,679 / mo

50 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit and shops
  • Granite Countertops
  • Edison High School Rated A-
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of December 2023

This charming 2nd floor unit at Mill Pointe is ideal for the first time buyer or investor! It offers hardwood floors, renovated kitchen with corian countertops and newer appliances, renovated bathroom and large master bedroom. The entire unit is freshly painted and is ready for its new owner. This condo is conveniently located across Middlesex County College and easy commute to Edison/Metuchen transit. It's also near major highways, shopping, restaurants and malls!!

Last Agent to Sell the Property

Delfina Lester

RE/MAX DIAMOND, REALTORS Listed on: 08/15/2023

RE/MAX DIAMOND, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 1977

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Asphalt Roof

Interior Spaces

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

Kitchen

  • Gas Oven or Range
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit and shops

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance structure, ground maintenance, sewer, snow removal, trash, water
  • Mill Pointe Condo Subdivision

Building Details

  • Maintenance Expense $287

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,258

Year Built

Built in 1977

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0022
  • Ownership: Condominium
  • Subdivision Name: Mill Pointe Condo
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2nd Floor
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1977
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Granite/Corian Countertops
  • Appliances: Gas Range/Oven, Refrigerator, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: 2 Bedrooms, Bath Main, Dining Room, Bath Full, Kitchen, Living Room, None
  • Living Area: 896
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Near Shopping
  • Roof: Asphalt

Utilities

  • Gas Company: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Sewer, Snow Removal, Trash, Water

Lot Info

  • Lot Size Sq Ft: 96
  • Zoning: LR

Multi Family

  • Maintenance Expense: 287

Tax Info

  • Tax Annual Amount: 3258
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Dec 7, 2023
Sold by
Jcme Group Llc
Bought by
Taksh Property Management Llc
Seller's Agent
Delfina Lester
RE/MAX DIAMOND, REALTORS
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%
Views
176
Current Estimated Value
$255,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,025
Avg. Annual Appreciation
5.34%
Original Mortgage
$166,750
Outstanding Balance
$163,950
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$91,075

Purchase Details

Closed on
Apr 8, 2015
Sold by
Paragulla Rafael and Paragulla Ana
Bought by
Jcme Group Llc
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Taksh Property Management Llc $225,000 None Listed On Document
Taksh Property Management Llc $225,000 None Listed On Document
Jcme Group Llc $95,000 East Coast Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Taksh Property Management Llc $166,750
Closed Taksh Property Management Llc $166,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $225,000 +2.3% $251 / Sq Ft
09/08/2023 09/08/23 Price Changed $220,000 0.0% $246 / Sq Ft
09/08/2023 09/08/23 For Sale $220,000 -- $246 / 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 $3,810 $64,000 $40,000 $24,000
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 $3,217 $55,000 $40,000 $15,000
2019 $3,321 $55,000 $40,000 $15,000
2018 $3,268 $55,000 $40,000 $15,000
2017 $2,800 $55,000 $40,000 $15,000
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: 2351602M

All Jersey MLS

APN: 05-00375-32-00025-0000-C0198

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