NOT LISTED FOR SALE

8 Petti Ln Edison, NJ 08820

Estimated Value: $1,607,164 - $2,489,000

5 Beds
5.5 Baths
5,500 Sq Ft
$383/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $1,420,000 $258 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $14,828/month

111 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Custom Home
  • Martin Luther King Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Deck

About This Home

As of September 2016

Palatial 5/6 Bedroom Center Hall Colonial on premier cul-de-sac in north Edison, possible in-law/au-pair suite on first floor, finished basement with full bath and outside entrance to the home adds approx. 2700 sf of living space,, two-story entry foyer, hardwood floors elegant moldings, .elegant moldings, sun-catching transom windows Martin Luther King Elementary School, John Adams Middle School and J P Stevens High School

Last Agent to Sell the Property

William Hanley

PROMINENT PROPERTIES SIR Listed on: 04/02/2016

Last Buyer's Agent

Lengxi Gao

REALTY MARK CENTRAL

REALTY MARK CENTRAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,474

Year Built

  • Built in 2004

Lot Details

  • Sprinkler System

Parking

  • 5 Car Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Custom Home
  • Colonial Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 5,500 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Library
  • Recreation Room
  • Workshop
  • Utility Room
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Dishwasher
  • Instant Hot Water

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bidet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio
  • Outbuilding
  • Porch

Schools

  • M.L.King Elementary School
  • J.Adams Middle School
  • J.P.Steven High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Underground Utilities
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Fitness Center

Listing and Financial Details

  • Assessor Parcel Number 2105-00415-0000-00058-0004-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,474

Year Built

Built in 2004

Lot Details

0

Parking

5

Listing Details

  • Style: Colonial, Contemporary, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2004
  • Year Built Description: Standing
  • County Name: Middlesex
  • Easements Description: water
  • Exclusions: Please Exclude Chandelier in Breakfast Nook
  • Street Number Display: 8
  • Directions: Woodland Ave to Petti Lane
  • I D: 4613043
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: North/Woodland
  • First Name: BILL
  • First Name3: LENGXI
  • Last Name: HANLEY
  • Last Name3: GAO
  • Office Phone: 908-654-6666
  • Office Phone3: 6097168400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Ceramic Tile, Marble, Wood
  • Fireplace Description: Gas Fireplace, Family Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Refrigerator, OvnWGas, CookGas, Instant Hot Water, Dishwasher, Water Softener-Own, Disposal, Kitchen Exhaust Fan
  • Interior Amenities: Bar-Wet, Walk-In Closet, Security System, Blinds, Smoke Detector
  • Number Rooms: 11
  • Bedrooms: 5
  • Master Bedroom Desc: Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Bidet, Stall Shower, Jetted Tub
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: Bath(s) Other, Exercise Room, Inside Entrance, Rec Room, Utility Room, Workshop
  • Dining Room Level: Ground
  • Dining Area: Formal Dining Room
  • Family Room Level: Ground
  • Kitchen Area: Breakfast Bar, Separate Dining Area
  • Kitchen Level: Ground
  • Living Room Level: Ground
  • Other Room 1: Bedroom
  • Other Room1 Level: Ground
  • Other Room 2: Conservatory
  • Other Room2 Level: Ground
  • Other Room 3: Library
  • Other Room3 Level: Ground
  • Other Room 4: Exercise Room
  • Other Room4 Level: Basement
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Foyer
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 5500
  • Ground Level Rooms: 1 Bedroom, Bath(s) Other, Breakfast Room, Family Room, Kitchen, Library, Dining Room, Living Room
  • Phone: 908-654-6666

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Deck, Open Porch(es), Outbuilding(s), Thermal Windows/Doors, Patio, Underground Lawn Sprinkler, Curbs, FencVnyl
  • Pool: Yes
  • Pool Description: In-Ground Pool, Heated
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Detached Garage
  • Number Garage Spaces: 5
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Ceiling Fan, 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Humidifr, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Exercise Room

Schools

  • Elementary School: M.L.KING
  • Middle School: J.ADAMS
  • High School: J.P.STEVEN
  • High School: J.P.STEVEN
  • Middle Jr High School: J.ADAMS

Lot Info

  • Lot Size: 187X226 IRR
  • Assessed Improvement Value: 508600
  • Assessed Land Value: 138500
  • Assessment: 647100
  • Easement: Yes
  • Lot Identifier: 58.4
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 31474
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2105-00415-0000-00058-0004-
  • Tax Rate Amount: 4.864
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: M.L.KING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2016
Sold by
Paradise Richard Scott and Paradise Karen Ann
Bought by
Chung Pai Yen and Huynh Eileen
Current Estimated Value
$2,107,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 18, 2007
Sold by
Paradise Richard Scott and Paradise Karen Ann
Bought by
Paradise Karen Ann

Purchase Details

Closed on
Jun 11, 2004
Sold by
Lee Cursi Construction
Bought by
Paradise Richard and Paradise Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.2%
Source: Public Records

Range of Values:

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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
Chung Pai Yen $1,420,000 Title Authority Llc
Paradise Karen Ann -- --
Paradise Richard $13,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Pai Yen $1,120,000
Previous Owner Paradise Richard $417,000
Previous Owner Paradise Richard $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $1,420,000 -10.7% $258 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $1,590,000 -- $289 / Sq Ft
Source: Garden State 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 $40,177 $674,900 $138,500 $536,400
2024 $39,961 $674,900 $138,500 $536,400
2023 $39,961 $674,900 $138,500 $536,400
2022 $39,974 $674,900 $138,500 $536,400
2021 $38,355 $674,900 $138,500 $536,400
2020 $39,475 $674,900 $138,500 $536,400
2019 $36,499 $674,900 $138,500 $536,400
2018 $37,066 $674,900 $138,500 $536,400
2017 $36,283 $674,900 $138,500 $536,400
2016 $32,717 $647,100 $138,500 $508,600
2015 $31,475 $647,100 $138,500 $508,600
2014 $30,582 $647,100 $138,500 $508,600
Source: Public Records

Agents Affiliated with this Home

  • William Hanley

    Seller's Agent in 2016

    William Hanley

    PROMINENT PROPERTIES SIR

    (732) 239-9757

    34 Total Sales

    William Hanley
    Section Image
  • Lengxi Gao

    Buyer's Agent in 2016

    Lengxi Gao

    REALTY MARK CENTRAL

    5 Total Sales

    Lengxi Gao
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3294475

Garden State MLS

APN: 05-00415-0000-00058-04

New Jersey Middlesex County Edison 08820

8 Petti Ln, Edison, NJ

This home is located at 8 Petti Ln, Edison, NJ 08820 since 02 April 2016 and is currently estimated at $2,107,055, approximately $383 per square foot. This property was built in 2004. 8 Petti Ln is a home located in Middlesex County with nearby schools including Martin Luther King Elementary School, John Adams Middle School, and J.P. Stevens High School.

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