481 Plainfield Rd Edison, NJ 08820
Estimated Value: $1,042,379 - $1,136,000
5
Beds
3.5
Baths
2,990
Sq Ft
$366/Sq Ft
Est. Value
Highlights
- Spa
- 0.59 Acre Lot
- Deck
- Woodbrook Elementary School Rated A
- Colonial Architecture
- Property is near public transit
About This Home
As of July 2022East Facing bright and meticulously maintained colonial house in North Edison offers 5 bedrooms, 3 1/2 bathrooms. A spacious Living room with a bay window lights up the room. Family rooms offer a soothing wood-burning fireplace. New less than a year old renovated kitchen offers an eat-in kitchen, granite countertop, and backsplash with stainless steel appliances and access to the deck and back yard. The house also offers an easily accessible yet independent inlaw suite with a separate entrance from the outside. The second floor offers 3 huge bedrooms and a Master bedroom suite with a free-standing shower. The huge Common bath offers a jet air tub and free-standing shower. The fully finished basement with lots of lights, a perfect place for entertainment, or remote office space. Well-maintained huge backyard faces woods and fields. Spacious garage with ample storage space to store and U-shaped driveway to park. Professionally maintained landscaping with sprinklers. Short distance to all major highways/schools/ shopping/train station. Must see!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,391
Year Built
- Built in 1964
Lot Details
- 0.59 Acre Lot
- Lot Dimensions are 96.00 x 267.00
- Fenced
- Sprinkler System
- Wooded Lot
Parking
- 2 Car Attached Garage
- Oversized Parking
- Parking Storage or Cabinetry
- Tandem Parking
- Circular Driveway
- Open Parking
Home Design
- Colonial Architecture
- Asphalt Roof
Interior Spaces
- 2,990 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Wood Burning Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Library
- Utility Room
- Finished Basement
- Basement Storage
- Attic
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Whirlpool Bathtub
- Separate Shower in Primary Bathroom
- Walk-in Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Spa
- Deck
Location
- Ground Level Unit
- Borders State Land
- Property is near public transit
- Property is near shops
Utilities
- Vented Exhaust Fan
- Baseboard Heating
- Underground Utilities
- Gas Water Heater
- Water Softener is Owned
Community Details
- North Edison Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2022
Closed on
Jul 4, 2022
Sold by
Palanivel and Vijaya
Bought by
Hegde Arun and Srinivasan Lakshmi
Seller's Agent
SUKETU SHETH
LOVI REAL ESTATE LLC
List Price
$795,000
Sold Price
$838,000
Premium/Discount to List
$43,000
5.41%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,095
Avg. Annual Appreciation
9.73%
Original Mortgage
$754,200
Outstanding Balance
$722,703
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$380,234
Purchase Details
Closed on
May 18, 1998
Sold by
Lim Victor
Bought by
Palanivel Ashok and Gnanasekaram Vijaya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.04%
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hegde Arun | $838,000 | Green Label Title | |
| Palanivel Ashok | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hegde Arun | $754,200 | |
| Previous Owner | Palanivel Ashok | $184,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/05/2022 07/05/22 | Sold | $838,000 | +5.4% | $280 / Sq Ft |
| 05/05/2022 05/05/22 | For Sale | $795,000 | -- | $266 / Sq Ft |
Source: All Jersey MLS
Tax History Compared to Growth
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 | $15,365 | $259,500 | $95,900 | $163,600 |
| 2023 | $15,365 | $259,500 | $95,900 | $163,600 |
| 2022 | $13,978 | $236,000 | $95,900 | $140,100 |
| 2021 | $13,931 | $236,000 | $95,900 | $140,100 |
| 2020 | $13,804 | $236,000 | $95,900 | $140,100 |
| 2019 | $13,027 | $236,000 | $95,900 | $140,100 |
| 2018 | $12,752 | $236,000 | $95,900 | $140,100 |
| 2017 | $12,663 | $236,000 | $95,900 | $140,100 |
| 2016 | $12,451 | $236,000 | $95,900 | $140,100 |
| 2015 | $11,975 | $236,000 | $95,900 | $140,100 |
| 2014 | $11,625 | $236,000 | $95,900 | $140,100 |
Source: Public Records
Agents Affiliated with this Home
-
SUKETU SHETH
S
Seller's Agent in 2022
SUKETU SHETH
LOVI REAL ESTATE LLC
2 in this area
4 Total Sales
Map
Source: All Jersey MLS
MLS Number: 2213348R
APN: 05-00556-0000-00002-45
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