NOT LISTED FOR SALE

205 W Locust Ave Edison, NJ 08820

Estimated Value: $972,000 - $1,098,000

5 Beds
3.5 Baths
1,626 Sq Ft
$648/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $875,000 $538 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,864/month

68 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Granite Countertops
  • James Madison Primary School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of August 2023

This home is located at 205 W Locust Ave, Edison, NJ 08820 since 07 July 2023 and is currently estimated at $1,053,500, approximately $647 per square foot. This property was built in 1978. 205 W Locust Ave is a home located in Middlesex County with nearby schools including James Madison Primary School, James Madison Intermediate School, and John Adams Middle School.

Last Agent to Sell the Property

Suzanne Green

RE/MAX FIRST REALTY, INC. Listed on: 07/07/2023

RE/MAX FIRST REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,493

Year Built

  • Built in 1978

Lot Details

  • 10,716 Sq Ft Lot
  • Lot Dimensions are 115.00 x 94.00
  • Fenced
  • Level Lot
  • Property is zoned RBB

Parking

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

Home Design

  • Split Level Home
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Utility Room

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Laundry in Basement
  • Basement Storage

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • North Edison Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,493

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.246
  • Lot Size: 115.00 x 94.00
  • Ownership: Fee Simple
  • Subdivision Name: North Edison
  • Architectural Style: Split Level
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More, Multi/Split
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 1978
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Granite/Corian Countertops
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Electric Water Heater, Gas Water Heater
  • Has Basement: Partial, Laundry Facilities, Storage Space, Utility Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Skylight, Bath Half, Family Room, Entrance Foyer, 2 Bedrooms, Bath Main, Bath Full
  • Stories: 3
  • Window Features: Skylight(s)

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Level, Near Public Transit, Near Shopping, Near Train
  • Pool Features: None
  • Exterior Features: Deck, Fencing/Wall, Storage Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • 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

Lot Info

  • Lot Size Sq Ft: 10716
  • Zoning: RBB

Tax Info

  • Tax Annual Amount: 13493
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 17, 2023
Sold by
Xu Youbin and Xu Liuxia
Bought by
Purohit Arvind and Purohit Shweta
Seller's Agent
Suzanne Green
RE/MAX FIRST REALTY, INC.
List Price
$829,000
Sold Price
$875,000
Premium/Discount to List
$46,000
5.55%
Views
333
Current Estimated Value
$1,053,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,500
Avg. Annual Appreciation
7.45%
Original Mortgage
$525,000
Outstanding Balance
$514,035
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$495,387
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
Purohit Arvind $875,000 Quality Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purohit Arvind $525,000
Previous Owner Xu Youbin $362,000
Previous Owner Xu Yubin $1,170,000
Previous Owner Xu Youbin $362,000
Previous Owner Krug Bryan D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $875,000 +5.5% $538 / Sq Ft
05/07/2023 05/07/23 For Sale $829,000 -- $510 / 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 $13,488 $269,000 $104,900 $164,100
2023 $13,488 $227,800 $104,900 $122,900
2022 $13,493 $227,800 $104,900 $122,900
2021 $13,447 $227,800 $104,900 $122,900
2020 $13,324 $227,800 $104,900 $122,900
2019 $11,616 $206,400 $104,900 $101,500
2018 $11,335 $206,400 $104,900 $101,500
2017 $11,096 $206,400 $104,900 $101,500
2016 $10,890 $206,400 $104,900 $101,500
2015 $10,473 $206,400 $104,900 $101,500
2014 $10,167 $206,400 $104,900 $101,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2311393R

All Jersey MLS

APN: 05-00842-0000-00016