NOT LISTED FOR SALE

69 Inverness Dr Edison, NJ 08820

Estimated Value: $515,000 - $531,000

2 Beds
2.5 Baths
1,431 Sq Ft
$366/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $348,000 $243 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,489/month

89 Days on Market

Highlights

  • Private Pool
  • Property is near public transit
  • 1 Car Attached Garage
  • Woodbrook Elementary School Rated A
  • Granite Countertops
  • Separate Shower in Primary Bathroom

About This Home

As of January 2021

Northeast facing townhouse, end-unit, in desirable Village Pointe! Freshly painted, well maintained, 2 bedrooms, 2.5 baths, 1 car attached garage. Laminate floors throughout. Updated kitchen with granite countertops. Close to playground and pool. North Edison Schools. Easy commute to NYC.

Last Agent to Sell the Property

HARISH VERMA

BETTER HOMES&GARDENS RE MATURO Listed on: 10/02/2020

BETTER HOMES&GARDENS RE MATURO

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1998

Lot Details

  • 87

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,431 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Association fees include common area maintenance, insurance, maintenance structure, reserve fund, snow removal
  • Village Pointe Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $175

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,500

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Village Pointe
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub, Two Sinks
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Two Sinks, Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Breakfast Bar
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Entrance Foyer, Dining Room, Kitchen, Living Room, Powder Room, Bath Main, 2 Bedrooms, Bath Second
  • Living Area: 1431
  • Stories: 3

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Pool Features: Outdoor Pool
  • 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, Open

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
  • Pets Allowed: Yes

Fee Information

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

Multi Family

  • Maintenance Expense: 175

Tax Info

  • Tax Annual Amount: 6500
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Dec 15, 2020
Sold by
Patel Yagnesh P and Patel Namrata Y
Bought by
Puram Madhavi and Bolla Srinivasa
Seller's Agent
HARISH VERMA
BETTER HOMES&GARDENS RE MATURO
List Price
$348,000
Sold Price
$348,000
Current Estimated Value
$524,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,345
Avg. Annual Appreciation
9.51%
Original Mortgage
$313,200
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2006
Sold by
Gao Jie
Bought by
Patel Yagnesh P and Patel Namrata Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,800
Interest Rate
6.26%

Purchase Details

Closed on
Aug 27, 2004
Sold by
Chen Guangdi
Bought by
Gao Jie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,920
Interest Rate
5.81%

Purchase Details

Closed on
Aug 22, 2002
Sold by
Sweet Daniel
Bought by
Chen Guangdi

Purchase Details

Closed on
May 15, 1998
Sold by
Edison Village
Bought by
Kennedy Megan and Sweet Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,100
Interest Rate
6.7%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Puram Madhavi $348,000 Clear Skies Title Agency
Puram Madhavi $348,000 Clear Skies Title
Patel Yagnesh P $313,500 --
Gao Jie $274,900 --
Chen Guangdi $210,000 --
Kennedy Megan $128,515 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puram Madhavi $313,200
Previous Owner Patel Yagnesh P $207,000
Previous Owner Patel Yagnesh P $235,000
Previous Owner Patel Yagnesh P $250,800
Previous Owner Gao Jie $219,920
Previous Owner Kennedy Megan $122,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $348,000 0.0% $243 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $348,000 -- $243 / 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 $7,117 $120,200 $40,000 $80,200
2023 $7,117 $120,200 $40,000 $80,200
2022 $7,119 $120,200 $40,000 $80,200
2021 $6,831 $120,200 $40,000 $80,200
2020 $7,031 $120,200 $40,000 $80,200
2019 $6,500 $120,200 $40,000 $80,200
2018 $6,601 $120,200 $40,000 $80,200
2017 $6,192 $120,200 $40,000 $80,200
2016 $6,077 $120,200 $40,000 $80,200
2015 $5,847 $120,200 $40,000 $80,200
2014 $5,681 $120,200 $40,000 $80,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2106370

All Jersey MLS

APN: 05-00594-02-00006-0000-C3069