NOT LISTED FOR SALE

8 Madden Ct Edison, NJ 08820

Estimated Value: $2,034,000 - $2,820,000

5 Beds
7.5 Baths
7,300 Sq Ft
$330/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $1,925,000 $264 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $16,974/month

181 Days on Market

Highlights

  • Second Kitchen
  • Sitting Area In Primary Bedroom
  • 0.76 Acre Lot
  • Martin Luther King Elementary School Rated A
  • Custom Home
  • Dual Staircase

About This Home

As of August 2021

Set your eyes on this North Edison luxury home with a spectacular 20ft viewing glass overlooking a dreamy, private wooded 3/4 acre lot: just one look and you will fall in love with this stunning 2-story home. This 7000+ sq. ft. spacious 5-bedroom, 7.5-bathroom home is the pinnacle of luxury. Incredible features are found throughout this home including 2 master bedroom suites, an expansive open floor plan & a fully finished basement with movie room & gym. Perfect for entertaining, a formal dining room meets with an open butterfly style staircase complete with coffered ceilings. Winter in NJ is no match for the heated floors, garage & driveway. Located just minutes from extended shopping & restaurants options & Blue Ribbon schools. This gorgeous North Edison dream home for sale is a rare opportunity - schedule a private tour today!

Last Agent to Sell the Property

Akhila Aneja

KELLER WILLIAMS ELITE REALTORS Listed on: 01/06/2021

KELLER WILLIAMS ELITE REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,623

Year Built

  • Built in 2007

Lot Details

  • 0.76 Acre Lot
  • Street terminates at a dead end
  • Sprinkler System
  • Private Yard
  • Property is zoned RA

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 7,300 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Sound System
  • Cathedral Ceiling
  • Gas Fireplace
  • Shades
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Utility Room

Kitchen

  • Second Kitchen
  • Gas Oven or Range
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Zoned Cooling
  • Radiant Heating System
  • Vented Exhaust Fan
  • Water Softener is Owned

Community Details

  • 03 Lt Residential Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,623

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7576
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: 03 Lt Residential
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Custom Development, Custom Home
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Sitting Area, Two Sinks, Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: 2nd Kitchen, Granite/Corian Countertops, Pantry, Separate Dining Area
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Range, Trash Compactor, Washer, Water Softener Owned, Kitchen Exhaust Fan
  • Has Basement: Full, Finished, Bath Full, Bedroom, Daylight, Recreation Room, Storage Space, Utility Room
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood, Marble, Radiant
  • Interior Amenities: 2nd Stairway to 2nd Level, Cathedral Ceiling(s), High Ceilings, Sound System, Vaulted Ceiling(s), Entrance Foyer, Kitchen, Kitchen Second, Living Room, Dining Room, Family Room, 5 (+) Bedrooms, Bath Main, Bath Other
  • Living Area: 7300
  • Stories: 2
  • Window Features: Blinds, Drapes, Shades-Existing

Exterior Features

  • Lot Features: Near Shopping, Near Train, Dead - End Street
  • Exterior Features: Barbecue, Lawn Sprinklers, Yard
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Paver Blocks, See Remarks, Garage, Attached, Garage Door Opener, Driveway, Paved

Utilities

  • Security: Fire Alarm, Security System
  • Cooling: Central Air, Zoned
  • Heating: Zoned, Radiant, See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 33001
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 47623
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Jul 30, 2021
Sold by
Gondalia Rasik M and Gondalia Bhartiben R
Bought by
Thadakamalla Praveen K and Thadakamalla Manjula
Seller's Agent
Akhila Aneja
KELLER WILLIAMS ELITE REALTORS
List Price
$1,925,000
Sold Price
$1,925,000
Current Estimated Value
$2,409,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,364
Avg. Annual Appreciation
5.66%
Original Mortgage
$1,420,000
Outstanding Balance
$1,294,003
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,115,361
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
Thadakamalla Praveen K $1,925,000 Old Republic Natl Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thadakamalla Praveen K $412,800
Open Thadakamalla Praveen K $1,420,000
Previous Owner Gondalla Rasik $1,000,000
Previous Owner Gondalia Rasik $500,000
Previous Owner Gondalia Rasik $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $1,925,000 0.0% $264 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $1,925,000 -- $264 / 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
2025 $46,469 $780,600 $174,300 $606,300
2024 $52,140 $780,600 $174,300 $606,300
2023 $52,140 $880,600 $174,300 $706,300
2022 $52,158 $880,600 $174,300 $706,300
2021 $50,041 $880,600 $174,300 $706,300
2020 $51,506 $880,600 $174,300 $706,300
2019 $47,623 $880,600 $174,300 $706,300
2018 $48,363 $880,600 $174,300 $706,300
2017 $47,341 $880,600 $174,300 $706,300
2016 $44,523 $880,600 $174,300 $706,300
2015 $42,832 $880,600 $174,300 $706,300
2014 $43,413 $918,600 $174,300 $744,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2110528

All Jersey MLS

APN: 05-00427-0000-00022-03