NOT LISTED FOR SALE

5 Palmetto Ct New Brunswick, NJ 08901

Estimated Value: $342,000 - $377,000

2 Beds
1.5 Baths
1,087 Sq Ft
$328/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $289,000 $266 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,342/month

50 Days on Market

Highlights

  • Cathedral Ceiling
  • Formal Dining Room
  • Shades
  • Granite Countertops
  • Cul-De-Sac
  • 1 Car Attached Garage

About This Home

As of February 2023

This Townhouse has all you need at an affordable price with low taxes. Very well maintained Townhouse located in a private dead end street with 2 bedrooms and 1 1/2 bathrooms. New A/C (2020). Updated kitchen and bathroom with granite counters. Breakfast nook. This 2 story overlooking dramatic cathedral ceiling living room makes this layout modern and open. Formal Dining. Convenient laundry room on the 2nd floor. New Brunswick has train to NYC, easy access to main roads and Rutgers University.

Last Listed By

Malgorzata Bober

EXP REALTY, LLC Listed on: 12/22/2022

EXP REALTY, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 1989

Lot Details

  • 897 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,087 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Shades
  • Living Room
  • Formal Dining Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, insurance, reserve fund, snow removal, trash, ground maintenance
  • Renaissance Station Cond Subdivision
  • The community has rules related to vehicle restrictions

Building Details

  • Maintenance Expense $243

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,964

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.0206
  • Lot Size: 0.00 x 0.00
  • Road Frontage Type: Private Road
  • Ownership: Fee Simple
  • Subdivision Name: Renaissance Station Cond
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1989
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Breakfast Bar, Pantry, Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Cathedral Ceiling(s), Kitchen, Living Room, Dining Room, Utility Room, 2 Bedrooms
  • Living Area: 1087
  • Stories: 2
  • Window Features: Shades-Existing

Exterior Features

  • Lot Features: Cul-De-Sac
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Garage, 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
  • Association: Yes
  • Pets Allowed: Restricted i.e. size

Fee Information

  • Association Fee Includes: Common Area Maintenance, Insurance, Reserve Fund, Snow Removal, Trash, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 897

Multi Family

  • Maintenance Expense: 243

Tax Info

  • Tax Annual Amount: 3964
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Feb 6, 2023
Sold by
Sousa Jeanfranco P and Sousa Djeine E
Bought by
Gandhi Bhakti and Gandhi Mahesh
Seller's Agent
Malgorzata Bober
EXP REALTY, LLC
List Price
$289,000
Sold Price
$289,000
Total Days on Market
50
Views
60
Current Estimated Value
$356,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,785
Avg. Annual Appreciation
9.51%
Original Mortgage
$200,000
Outstanding Balance
$180,569
Interest Rate
5.73%
Mortgage Type
New Conventional
Estimated Equity
$176,216

Purchase Details

Closed on
Apr 18, 2006
Sold by
Yeldandi Srinivas
Bought by
Sousa Jeanfranco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.37%

Purchase Details

Closed on
Sep 17, 2003
Sold by
Hackshaw Andrea J
Bought by
Yeldandi Srinivas and Yeldandi Madhavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
5.88%

Purchase Details

Closed on
Oct 8, 1993
Sold by
Bollman John
Bought by
Hackman Andrea
Source: Public Records

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Range of Values:

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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
Gandhi Bhakti $289,000 First American Title
Sousa Jeanfranco $239,000 --
Yeldandi Srinivas $161,500 --
Hackman Andrea $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gandhi Bhakti $200,000
Previous Owner Sousa Jeanfranco $188,700
Previous Owner Sousa Jeanfranco $191,200
Previous Owner Yeldandi Srinivas $142,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $289,000 0.0% $266 / Sq Ft
12/22/2022 12/22/22 For Sale $289,000 -- $266 / 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 $4,066 $159,900 $65,000 $94,900
2023 $4,066 $159,900 $65,000 $94,900
2022 $3,980 $159,900 $65,000 $94,900
2021 $3,227 $159,900 $65,000 $94,900
2020 $3,227 $159,900 $65,000 $94,900
2019 $3,544 $159,900 $65,000 $94,900
2018 $3,570 $159,900 $65,000 $94,900
2017 $3,295 $159,900 $65,000 $94,900
2016 $246 $4,200 $4,200 $0
2015 $240 $4,200 $4,200 $0
2014 $236 $4,200 $4,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2306942R

All Jersey MLS

APN: 13-00237-0000-00002-06-C0106