Seller's Agent in 2021
Nelson Chen
THE CHEN AGENCY
(201) 886-8000
33 in this area
202 Total Sales
7 Vela Way Edgewater, NJ 07020
Estimated Value: $1,454,379 - $1,575,000
4
Beds
4.5
Baths
3,358
Sq Ft
$454/Sq Ft
Est. Value
Highlights
- Rooftop Deck
- Property is near a park
- Terrace
- River View
- Wood Flooring
- Community Pool
About This Home
As of November 2021VELA TOWNHOMES - Welcome to 7 Vela Way. This corner townhome encompasses 3358-sf of architecturally distinctive space set upon multiple levels and offers several outdoor living spaces including a patio, 5 terraces and an amazing roof deck. The spacious rooms are lined with solid Brazilian cherry wood floors, and soaring ceiling heights with vast windows fill this home with light and energy. Views of the Hudson River and New York abound and are particularly noteworthy from the rooftop deck and skyroom. Private ensuite bedrooms, gas fireplace, huge basement, 2-car garage plus a 2-car driveway, welcome to your new home!
Last Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $20,423
Lot Details
- 1,437
HOA Fees
- $1,100 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Property Views
- River
- New York
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,358 Sq Ft Home
- Fireplace
- Living Room
- Dining Room
- Washer and Dryer
Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
Outdoor Features
- Rooftop Deck
- Terrace
Location
- Property is near a park
- Property is near schools
- Property is near shops
- Property is near a bus stop
Utilities
- Central Air
- Heating System Uses Gas
Listing and Financial Details
- Legal Lot and Block 1 / 13
- Assessor Parcel Number 3875
Community Details
Overview
- Foremost Association, Phone Number (201) 585-8949
- Vela Townhomes Condos
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2021
Closed on
Nov 18, 2021
Sold by
Nouri and Houry
Bought by
Hong Augustine S
Seller's Agent
Nelson Chen
THE CHEN AGENCY
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$1,295,000
Sold Price
$1,175,000
Premium/Discount to List
-$120,000
-9.27%
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
$350,845
Avg. Annual Appreciation
6.60%
Original Mortgage
$881,250
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2020
Sold by
Nouri Nabil
Bought by
Nouri Nabil and Nouri Houry
Purchase Details
Closed on
Jun 26, 2007
Sold by
Rosen Globel Partners Llc
Bought by
Nouri Nabil
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 |
|---|---|---|---|
| Hong Augustine S | $1,175,000 | First American Title | |
| Nouri Nabil | -- | None Available | |
| Nouri Nabil | $1,595,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hong Augustine S | $881,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/18/2021 11/18/21 | Sold | $1,175,000 | -1.9% | $350 / Sq Ft |
| 10/16/2021 10/16/21 | Pending | -- | -- | -- |
| 08/29/2021 08/29/21 | Price Changed | $1,198,000 | -7.5% | $357 / Sq Ft |
| 06/14/2021 06/14/21 | For Sale | $1,295,000 | -- | $386 / Sq Ft |
Source: Hudson County 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 |
|---|---|---|---|---|
| 2025 | $18,561 | $1,207,800 | $550,000 | $657,800 |
| 2024 | $18,198 | $1,168,100 | $555,000 | $613,100 |
| 2023 | $18,146 | $1,139,500 | $540,000 | $599,500 |
| 2022 | $18,146 | $1,125,700 | $540,000 | $585,700 |
| 2021 | $21,801 | $1,000,000 | $550,000 | $450,000 |
| 2020 | $20,423 | $1,050,000 | $550,000 | $500,000 |
| 2019 | $22,629 | $1,193,500 | $550,000 | $643,500 |
| 2018 | $21,877 | $1,193,500 | $550,000 | $643,500 |
| 2017 | $21,483 | $1,193,500 | $550,000 | $643,500 |
| 2016 | $21,232 | $1,193,500 | $550,000 | $643,500 |
| 2015 | $20,946 | $1,193,500 | $550,000 | $643,500 |
| 2014 | $20,301 | $1,193,500 | $550,000 | $643,500 |
Source: Public Records
Agents Affiliated with this Home
-
Nelson Chen
-
Wayne Bonsell
Seller Co-Listing Agent in 2021
Wayne Bonsell
THE CHEN AGENCY
(607) 239-0541
13 in this area
64 Total Sales
-
N
Buyer's Agent in 2021
NON-MEMBER NON-MEMBER
NON-MEMBER
Map
Source: Hudson County MLS
MLS Number: 210014375
APN: 13-00013-0000-00001-0000-C0007
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