NOT LISTED FOR SALE

5502 City Place Unit C5502 Edgewater, NJ 07020

Estimated Value: $452,000 - $692,000

1 Bed
1 Bath
944 Sq Ft
218 Sq Ft Lot

Last Sold April 12, 2019

Last sale price $420,000 $445 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,385/month

30 Days on Market

Highlights

  • Fitness Center
  • River View
  • Intercom
  • 24-Hour Security
  • Property is near a park
  • Shops

About This Home

As of April 2019

Totally renovated top floor corner unit. Largest 1 bedroom unit at 994 SF with high ceiling. New stainless steel appliances, granite counter top, backsplash tile, porcelain marble tile flooring, led lighting, premium wallpapers and hunter douglas blinds. Restaurants and shopping all within the complex and close to NYC transportation.

Last Agent to Sell the Property

Eun Kyung Suh

Christie's International Real Estate Group-Fort Lee Listed on: 01/23/2019

Last Buyer's Agent

Kate Silver

Corcoran Sawyer Smith

Corcoran Sawyer Smith

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,404

Lot Details

  • 218

Home Design

  • Built in the 2000s
  • Condominium

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Covered Parking
  • Guest Parking

Location

  • Property is near a park
  • Property is near public transit
  • Property is near shops

Utilities

  • Zoned Cooling
  • Cooling System Mounted In Outer Wall Opening

Additional Features

  • River Views
  • Playground
  • River Front

Listing and Financial Details

  • Assessor Parcel Number 021300091 00001 5502

Community Details

Overview

  • $438 Maintenance Fee
  • Maintenance fee includes Doorman, Chld Play/Rm, Exercise Rm, Parking, Water, Common Area, Community Rm
  • Association Phone (973) 773-6262
  • Property managed by Associa

Amenities

  • Common Area
  • Shops
  • Recycling
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Additional Features

  • Security
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,404

Lot Details

0

Listing Details

  • Property Short: CCT
  • Sub-Style: Condo
  • Lifestyle: Close/Parks, Close/Shopg, Close/Trans, One Floor Living
  • Views/Exposure: River View
  • Year Built: 2000's
  • Miscellaneous: Elevator, Intercom, Security
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Dishwasher, Microwave, Ov/Rng/Ele, Refrigerator, Washer/Dryer
  • Fireplace: None
  • Bedrooms: 1
  • Total Bathrooms: 1.00
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Basement: None
  • Laundry: In Unit
  • Items Included: ALL APPLIANCES, BLINDS

Exterior Features

  • Waterfront: River Front

Garage/Parking

  • Garage: Guest Parking, Pkg Space In, 2 Car

Utilities

  • Heating: Electric, Heat Pump, Multi-Zone
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Wall A/C, Multi-Zone

Condo/Co-op/Association

  • Condo Number: 5502

Association/Amenities

  • Maintenance Charges: 438.00
  • Maintenance Included Description: Doorman, Chld Play/Rm, Exercise Rm, Parking, Water, Common Area, Community Rm
  • Mgmt Company: Associa
  • Management Phone: (973) 773-6262

Lot Info

  • County Name: BERGEN
  • Locale: 200
  • Lot: 00001

Rental Info

  • Pets: Pets Ok

Tax Info

  • Tax: 5404
  • Assessor Parcel Number: 021300091 00001 5502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Apr 10, 2019
Sold by
Bmk Asset Management Llc
Bought by
Ingles Diana
Seller's Agent
Eun Kyung Suh
Christie's International Real Estate Group-Fort Lee
Buyer's Agent
Kate Silver
Corcoran Sawyer Smith
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%
Current Estimated Value
$515,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,697
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Nov 9, 2015
Sold by
Yang Minho and Yang Gil Chi
Bought by
Bmk Asset Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,700
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2015
Sold by
Jae Hwan Jung
Bought by
Yang Minho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,700
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2012
Sold by
Yang Gil Chi and Yang Minho
Bought by
Yang Gil Chi and Yang Minho

Purchase Details

Closed on
Oct 19, 2009
Sold by
Wyble David J and Wyble Elizabeth
Bought by
Yang Cil Chi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2005
Sold by
K Hovnanian At Edgewater Llc
Bought by
Wyble David and Wyble Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
5.61%
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
Ingles Diana $420,000 --
Bmk Asset Management Llc $418,000 None Available
Yang Minho $70,000 None Available
Yang Gil Chi -- --
Yang Cil Chi $375,000 --
Wyble David $439,760 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingles Diana $208,500
Previous Owner Bmk Asset Management Llc $271,700
Previous Owner Yang Minho $271,700
Previous Owner Yang Cil Chi $200,000
Previous Owner Wyble David $337,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $420,000 -3.4% $445 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $435,000 -- $461 / Sq Ft
Source: New 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 $6,153 $395,000 $195,000 $200,000
2023 $5,856 $385,300 $190,000 $195,300
2022 $5,856 $363,300 $190,000 $173,300
2021 $6,766 $300,300 $175,000 $125,300
2020 $5,841 $300,300 $175,000 $125,300
2019 $5,694 $300,300 $175,000 $125,300
2018 $5,505 $300,300 $175,000 $125,300
2017 $5,405 $300,300 $175,000 $125,300
2016 $5,342 $300,300 $175,000 $125,300
2015 $5,270 $300,300 $175,000 $125,300
2014 $5,108 $300,300 $175,000 $125,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1902932

New Jersey MLS

APN: 13-00091-0000-00001-0000-C5502