NOT LISTED FOR SALE

505 Edison Glen Terrace Edison, NJ 08837

Estimated Value: $384,000 - $421,000

2 Beds
2 Baths
1,291 Sq Ft
453 Sq Ft Lot

Last Sold May 16, 2023

Last sale price $340,000 $263 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,576/month

34 Days on Market

Highlights

  • Private Pool
  • Deck
  • Granite Countertops
  • Benjamin Franklin Elementary School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of May 2023

Absolutely Gorgeous Move In Condition 2 Bedroom 2 Full Bath unit in the desirable Edison Glen Development is ready for its new owners! Pride of Ownership and Attention to Detail are evident throughout this Meticulously Maintained & Updated unit. Kitchen features include Granite Countertops, Tile Backsplash, Custom Cabinets, & Stainless Steel Appliances. The adjoining Dining Room flows into the cozy Living Room, providing the ideal space for gatherings. The Master Bedroom complete w/ walk in closet and updated Bath is sure to please. Second Bedroom is also generously sized with ample closet space. HVAC Unit only 2 years old & Hot Water Heater is only 4 months old. Second Bathroom has also been updated. Truly Turn Key and Maintenance Free. Amenities include Pool& Playground Area. Unit is located on the second floor. Highest & Best due Sunday, April 16th by 9 P.M.

Last Agent to Sell the Property

Carlo Fazio

RE/MAX SELECT Listed on: 04/12/2023

RE/MAX SELECT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,295

Year Built

  • Built in 1987

Lot Details

  • 453

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,291 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Open Parking

Outdoor Features

  • Private Pool
  • Deck

Utilities

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

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include amenities-some, common area maintenance, maintenance structure, sewer, snow removal, trash, ground maintenance, water
  • Edison Glen Condo Subdivision

Building Details

  • Maintenance Expense $290

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,295

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0104
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Edison Glen Condo
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Shower, Stall Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Microwave, Washer, Kitchen Exhaust Fan, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: 2 Bedrooms, Kitchen, Living Room, Dining Room
  • Living Area: 1291
  • Stories: 1

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Private
  • Pool Private: Yes
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Common, See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Amenities-Some, Common Area Maintenance, Maintenance Structure, See remarks, Sewer, Snow Removal, Trash, Maintenance Grounds, Water

Lot Info

  • Lot Size Sq Ft: 453
  • Zoning: LR

Multi Family

  • Maintenance Expense: 290

Tax Info

  • Tax Annual Amount: 5295
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 13, 2023
Sold by
Melendez Ana
Bought by
Kaul Payal and Sekhri Karan
Seller's Agent
Carlo Fazio
RE/MAX SELECT
List Price
$284,900
Sold Price
$340,000
Premium/Discount to List
$55,100
19.34%
Views
100
Current Estimated Value
$401,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,653
Avg. Annual Appreciation
7.13%
Original Mortgage
$238,400
Outstanding Balance
$231,637
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$170,016

Purchase Details

Closed on
Mar 31, 2000
Sold by
Wah Mai Chong Trading
Bought by
Lopez Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

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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
Kaul Payal $340,000 First American Title
Kaul Payal $340,000 First American Title
Lopez Ana $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaul Payal $238,400
Closed Kaul Payal $238,400
Previous Owner Lopez Ana $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $340,000 +19.3% $263 / Sq Ft
04/12/2023 04/12/23 For Sale $284,900 -- $221 / 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
2025 $5,322 $89,400 $20,000 $69,400
2024 $5,293 $89,400 $20,000 $69,400
2023 $5,293 $89,400 $20,000 $69,400
2022 $5,295 $89,400 $20,000 $69,400
2021 $4,760 $89,400 $20,000 $69,400
2020 $5,229 $89,400 $20,000 $69,400
2019 $4,736 $89,400 $20,000 $69,400
2018 $4,650 $89,400 $20,000 $69,400
2017 $4,605 $89,400 $20,000 $69,400
2016 $4,520 $89,400 $20,000 $69,400
2015 $4,348 $89,400 $20,000 $69,400
2014 $4,225 $89,400 $20,000 $69,400
Source: Public Records

Agents Affiliated with this Home

  • Carlo Fazio

    Seller's Agent in 2023

    Carlo Fazio

    RE/MAX

    (732) 397-1643

    4 in this area

    83 Total Sales

    Carlo Fazio
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2310859R

All Jersey MLS

APN: 05-00199-0000-00017-27-C0505

New Jersey Middlesex County Edison 08837

505 Edison Glen Terrace, Edison, NJ

This home is located at 505 Edison Glen Terrace, Edison, NJ 08837 since 12 April 2023 and is currently estimated at $401,653, approximately $311 per square foot. This property was built in 1987. 505 Edison Glen Terrace is a home located in Middlesex County with nearby schools including Benjamin Franklin Elementary School, Herbert Hoover Middle School, and Edison High School.

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