NOT LISTED FOR SALE

98 Gate House Ln Edison, NJ 08820

Estimated Value: $643,015 - $747,000

2 Beds
3 Baths
1,743 Sq Ft
$392/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $480,000 $275 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,468/month

1 Day on Market

Highlights

  • Private Pool
  • Deck
  • Whirlpool Bathtub
  • Woodbrook Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of August 2021

Immaculate 2 bdrm 3 full bath expanded Elan model in the prestigious Park Gate community in North Edison. A large den with a full bath can be used as a 3rd bdrm. New Air conditioning, New electric panel, Lots of storage room. One of a kind screened porch. 10 min to train and major hwy. Gated community with pools and tennis, 24/7 security.

Last Agent to Sell the Property

MING XU

EXP REALTY, LLC Listed on: 07/16/2021

EXP REALTY, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,583

Year Built

  • Built in 1983

Lot Details

  • 2,004 Sq Ft Lot

Parking

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

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,743 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Security Gate

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Deck
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include amenities-some, management fee, common area maintenance
  • Park Gate Subdivision

Recreation

  • Tennis Courts

Building Details

  • Maintenance Expense $340

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,583

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.046
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Park Gate
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Jacuzzi-Type
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Separate Dining Area
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Entrance Foyer, Kitchen, Living Room, Den, Dining Room, 2 Bedrooms, Bath Main
  • Living Area: 1743
  • Stories: 2

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Outdoor Pool
  • Exterior Features: Barbecue
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Gas Company: Natural Gas
  • Security: Security Gate
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Tennis Court(s)
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Amenities-Some, Management Fee, Common Area Maintenance

Lot Info

  • Lot Size Sq Ft: 2004

Multi Family

  • Maintenance Expense: 340

Tax Info

  • Tax Annual Amount: 10583
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 16, 2021
Sold by
Wang Ke and Huang Xiuhua
Bought by
Yakkali Prasad
Seller's Agent
MING XU
EXP REALTY, LLC
List Price
$480,000
Sold Price
$480,000
Current Estimated Value
$682,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,754
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
May 11, 2005
Sold by
Bailey Carol
Bought by
Wang Ke and Huang Xiuhua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 4, 2004
Sold by
Sideris Stella
Bought by
Bailey Carol S and Krikelis Helene

Purchase Details

Closed on
Jul 19, 2001
Sold by
Carr Charles
Bought by
Sideris Stella
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yakkali Prasad $480,000 Simplicity Title Llc
Yakkali Prasad $480,000 Simplicity Title
Wang Ke $420,000 --
Bailey Carol S $375,000 --
Sideris Stella $293,000 --
Sideris Stella $293,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Ke $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $480,000 0.0% $275 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $480,000 -- $275 / 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 $11,192 $188,000 $70,000 $118,000
2024 $11,131 $188,000 $70,000 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2200858R

All Jersey MLS

APN: 05-00593-0000-00052-0000-C0098