$485,000
SOLD DEC 31, 2020

7 Library Place Edison, NJ 08820

4 Beds
2.5 Baths
-- Sq Ft
6,970 Sq Ft Lot

Recently Sold

22 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Formal Dining Room
  • James Madison Primary School Rated A-
  • Marble Flooring
  • 2 Car Attached Garage

About This Home

As of December 2020

Delayed Showings until 6/19/20***Great Opportunity! Will not last long! Spacious 4 bedroom, 2.5 bath colonial. North facing home. Opens with marble foyer and hardwood floors throughout. Close to Metro park train station, all major highways and shopping. As-Is sale, buyer responsible for all town inspections and cost of C/O.

Last Agent to Sell the Property

JAMES FAVILLA

DAUNNO REALTY SERVICES, LLC. Listed on: 11/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,115

Year Built

  • Built in 1971

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Open Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Walk-in Shower

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Hot Water Baseboard Heater
  • Gas Water Heater

Community Details

  • Oakland Villiage Sec 5 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,115

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Ownership: Fee Simple
  • Subdivision Name: Oakland Villiage Sec 5
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1971
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Gas Range/Oven, Refrigerator, Gas Water Heater
  • Has Basement: Partially Finished, Other Room(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Marble, Wood
  • Interior Amenities: Dining Room, Family Room, Entrance Foyer, Kitchen, Living Room, 4 Bedrooms, Bath Main, Bath Second
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Asphalt, Garage, Attached

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Tax Info

  • Tax Annual Amount: 12115
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Dec 28, 2020
Sold by
Barr Gena Robin and Last Will And Testament Of Mar
Bought by
Patel Kashyap B and Patel Purviben K
Seller's Agent
JAMES FAVILLA
DAUNNO REALTY SERVICES, LLC.
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$840,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,278
Avg. Annual Appreciation
12.27%
Original Mortgage
$388,000
Outstanding Balance
$283,692
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$556,586
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $485,000 Golden Title Agency Llc
Deed $485,000 Golden Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $388,000 New Conventional
Closed $388,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Rented $4,100 -2.4% --
07/24/2024 07/24/24 Price Changed $4,200 -4.5% $2 / Sq Ft
07/03/2024 07/03/24 For Rent $4,400 0.0% --
12/31/2020 12/31/20 Sold $485,000 0.0% --
12/01/2020 12/01/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $485,000 -- --
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 $13,132 $220,600 $106,400 $114,200
2024 $13,062 $220,600 $106,400 $114,200
2023 $13,062 $220,600 $106,400 $114,200
2022 $13,066 $220,600 $106,400 $114,200
2021 $9,799 $220,600 $106,400 $114,200
2020 $12,903 $220,600 $106,400 $114,200
2019 $11,295 $220,600 $106,400 $114,200
2018 $11,548 $220,600 $106,400 $114,200
2017 $11,854 $220,600 $106,400 $114,200
2016 $11,639 $220,600 $106,400 $114,200
2015 $11,193 $220,600 $106,400 $114,200
2014 $10,867 $220,600 $106,400 $114,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2018346

All Jersey MLS

APN: 05-00546-36-00003