NOT LISTED FOR SALE

507 Smith Ct Edgewater, NJ 07020

Estimated Value: $764,000 - $826,000

2 Beds
2 Baths
1,590 Sq Ft
566 Sq Ft Lot

Last Sold June 02, 2022

Last sale price $740,000 $465 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,117/month

10 Days on Market

About This Home

As of June 2022

INDEPENDENCE HARBOR - Welcome to Residence 507 Smith Ct. This deluxe 1,590-sf end unit is in the most desirable southeast side of the complex. The home has majestic views of the Hudson River and New York City from the living room and private terrace. Unit features includes a beautifully renovated kitchen with quartz countertops and stainless-steel appliances, primary bedroom suite with walk in closet, elegant primary bathroom with double sinks, glass stall shower and bathtub. Entire unit has been re-insulated for improved energy efficiency. Full size washer/ dryer in unit. Two deeded parking spaces. Community amenities include a 24-hour security gatehouse, pool, tennis, clubhouse with gym, playgrounds, dog park and direct access to the magnificent Hudson Riverfront Walkway.

Last Agent to Sell the Property

Rita Hsing

The Chen Agency Listed on: 04/12/2022

Last Buyer's Agent

Young 'Frances' Tak

Keller Williams Town Life

Keller Williams Town Life

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,835

Lot Details

  • River Front

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Schools

  • E Van Gelder/G Wash Elementary School

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,835

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 346-8888
  • MLS Status: Sold - Sold
  • Directions: River Rd to Independence Harbor
  • Year Built Details: 1990's,Renovated
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: River Front
  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Schools

  • Elementary School: E Van Gelder/G Wash
  • Elementary: E Van Gelder/G Wash

Lot Info

  • Lot: 00002
  • Lot Dimensions: 1590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Jun 1, 2022
Sold by
Ho Chang Ki and Ho Eun Si
Bought by
Chang Heesun
Seller's Agent
Rita Hsing
The Chen Agency
Buyer's Agent
Young 'Frances' Tak
Keller Williams Town Life
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%
Current Estimated Value
$796,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,336
Avg. Annual Appreciation
2.03%
Original Mortgage
$400,000
Outstanding Balance
$380,535
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$415,801

Purchase Details

Closed on
May 31, 2017
Sold by
Lopez Bernadette
Bought by
Chang Ki Ho and Chang Si Eun

Purchase Details

Closed on
Nov 21, 2011
Sold by
Ko Cho S
Bought by
Lopez Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2002
Sold by
Pilson Jean
Bought by
Ko Cho S

Purchase Details

Closed on
Sep 5, 2001
Sold by
Hartz River Road Lp
Bought by
Desalvo Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.93%
Source: Public Records
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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
Chang Heesun $740,000 Old Republic Title
Chang Heesun $740,000 Old Republic Title
Chang Ki Ho $680,000 Old Republic National Title
Lopez Bernadette $575,000 --
Ko Cho S $420,000 --
Desalvo Joseph $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Heesun $400,000
Closed Chang Heesun $400,000
Previous Owner Lopez Bernadette $185,000
Previous Owner Desalvo Joseph $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2022 06/02/22 Sold $740,000 -1.3% $465 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $750,000 -- $472 / Sq Ft
Source: New 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 $10,694 $690,600 $275,000 $415,600
2024 $10,467 $673,000 $267,500 $405,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22012296

New Jersey MLS

APN: 13-00085-01-00002-0000-CR507