S
Seller's Agent in 2023
Susanna Lee
COLDWELL BANKER REALTY
(732) 494-7700
3 in this area
14 Total Sales
7 Fayette St Edison, NJ 08817
Estimated Value: $624,000 - $698,000
5
Beds
4
Baths
--
Sq Ft
5,009
Sq Ft Lot
Highlights
- Second Kitchen
- Custom Home
- Wood Flooring
- Edison High School Rated A-
- Dual Staircase
- Main Floor Primary Bedroom
About This Home
As of March 2023Colonial single-family home renovated and custom built home in a desirable area of Edison. Spacious freshly renovated 2 story home with 2 kitchens. 1st floor has enclosed porch, large eat-in kitchen, 3 bedrooms, 1 full bath and sunroom, stair leads to 2nd floor and leads to full basement. Side door entrance by 2 car width paved driveway leads to full basement and 2nd floor which featuring 2 bedrooms, 3 full baths, kitchen with dishwasher, and large dinning room and living room. Great investment opportunity. Full basement. Property being sold in AS IS condition. Home will be delivered vacant at closing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,071
Year Built
- Built in 1902
Lot Details
- Lot Dimensions are 50.00 x 100.00
- Fenced
- Corner Lot
- Private Yard
- Property is zoned RB
Home Design
- Custom Home
- Colonial Architecture
- Slate Roof
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Dual Staircase
- Blinds
- Family Room
- Formal Dining Room
- Loft
- Sun or Florida Room
- Utility Room
- Attic
Kitchen
- Second Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Workshop
Parking
- Side by Side Parking
- Driveway
- Paved Parking
- On-Street Parking
- On-Site Parking
- Open Parking
Location
- Property is near shops
Utilities
- No Cooling
- Radiator
- Vented Exhaust Fan
- Underground Utilities
- Natural Gas Connected
- Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2022
Closed on
Mar 27, 2023
Sold by
Shen Chien Hui and Shen Chun-Kai
Bought by
Xu Wei and Welber Christopher
Seller's Agent
Susanna Lee
COLDWELL BANKER REALTY
List Price
$519,800
Sold Price
$480,000
Premium/Discount to List
-$39,800
-7.66%
Views
248
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,128
Avg. Annual Appreciation
11.91%
Original Mortgage
$355,200
Outstanding Balance
$347,144
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$280,946
Purchase Details
Closed on
Sep 1, 2016
Sold by
Kalinovsky Lucky
Bought by
Shen Chien Hui
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 15, 2014
Sold by
Khanna Chandra
Bought by
Kalinovsky Lucy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,200
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 16, 2004
Sold by
Morales Juan Carlos
Bought by
Khanna Chandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.8%
Purchase Details
Closed on
Jun 1, 2001
Sold by
Brady H Wayne
Bought by
Morales Juan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,662
Interest Rate
7.09%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xu Wei | $480,000 | Fidelity National Title | |
| Shen Chien Hui | $237,750 | Westcor Land Title Ins Co | |
| Kalinovsky Lucy | $240,000 | Foundation Title Llc | |
| Khanna Chandra | $363,000 | -- | |
| Morales Juan | $216,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xu Wei | $355,200 | |
| Previous Owner | Shen Chien Hui | $164,500 | |
| Previous Owner | Kalinovsky Lucy | $19,200 | |
| Previous Owner | Khanna Chandra | $290,000 | |
| Previous Owner | Morales Juan | $212,662 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2023 03/28/23 | Sold | $480,000 | -7.7% | -- |
| 12/01/2022 12/01/22 | For Sale | $519,800 | -- | -- |
Source: All Jersey MLS
Tax History Compared to Growth
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 | $8,106 | $149,400 | $70,000 | $79,400 |
| 2023 | $8,106 | $136,900 | $70,000 | $66,900 |
| 2022 | $8,109 | $136,900 | $70,000 | $66,900 |
| 2021 | $8,071 | $136,900 | $70,000 | $66,900 |
| 2020 | $8,007 | $136,900 | $70,000 | $66,900 |
| 2019 | $7,705 | $136,900 | $70,000 | $66,900 |
| 2018 | $7,519 | $136,900 | $70,000 | $66,900 |
| 2017 | $7,360 | $136,900 | $70,000 | $66,900 |
| 2016 | $7,223 | $136,900 | $70,000 | $66,900 |
| 2015 | $6,946 | $136,900 | $70,000 | $66,900 |
| 2014 | $6,744 | $136,900 | $70,000 | $66,900 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: All Jersey MLS
MLS Number: 2306393R
APN: 05-00219-0000-00007-01
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