Seller's Agent in 2020
James Kontopodias
KELLER WILLIAMS REAL ESTATE
(732) 236-8971
13 in this area
39 Total Sales
1 Magellan Way Franklin Park, NJ 08823
Estimated Value: $482,000 - $609,000
2
Beds
2
Baths
1,517
Sq Ft
$359/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Jetted Tub in Primary Bathroom
- High Ceiling
- Wood Flooring
- Corner Lot
- Thermal Windows
About This Home
As of October 2020Single floor living with a rare ranch style home in the very desirable Nob Hill community of Franklin Park. There only a few ranch homes in this community, rarely offered for sale. One of the largest lots in the community. Home offers 10-foot ceilings, 2 Full Bathrooms, and 2 or possibly 3 Bedrooms. The Den/Office off the Kitchen could easily be used as a third bedroom. A huge Living/Dining room w/ a laminate floor, recessed lighting, & ceiling fans. The eat-in Kitchen has a newer refrigerator and a patio door to the outdoor space. The Master Bedroom offers a walk-in closet and a full bathroom with a separate toilet room. Outside is a large fully fenced yard, perfect to entertain or relax. Don't miss this chance to live in Nob Hill. Lawn irrigation & Dishwasher not functioning, conveyed as-is. Shed as-is.
Last Buyer's Agent
SUKETU SHETH
LOVI REAL ESTATE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,669
Year Built
- Built in 1990
Lot Details
- 0.31 Acre Lot
- Privacy Fence
- Corner Lot
HOA Fees
- $13 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Colonial Architecture
- Ranch Style House
- Slab Foundation
- Vinyl Siding
- Tile
Interior Spaces
- 1,517 Sq Ft Home
- High Ceiling
- Thermal Windows
- Family or Dining Combination
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Jetted Tub in Primary Bathroom
- Bathtub with Shower
Laundry
- Dryer
- Washer
Home Security
- Storm Doors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
Schools
- Franklin Elementary And Middle School
- Franklin High School
Utilities
- Forced Air Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- Underground Utilities
- Standard Electricity
- Gas Water Heater
Community Details
- Association fees include maintenance-common area
Listing and Financial Details
- Assessor Parcel Number 2708-00020-0005-00001-0000-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2020
Closed on
Oct 12, 2020
Sold by
Ramaiah Vijay
Bought by
Limbachiya Jigar and Limbachiya Nakul
Seller's Agent
James Kontopodias
KELLER WILLIAMS REAL ESTATE
Buyer's Agent
SUKETU SHETH
LOVI REAL ESTATE
List Price
$365,000
Sold Price
$317,500
Premium/Discount to List
-$47,500
-13.01%
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
$226,478
Avg. Annual Appreciation
10.95%
Original Mortgage
$289,750
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 2014
Sold by
Rajammal Ramaiah Karuppaswamy and Rajammal Ramaiah
Bought by
Ramaiah Vijay
Purchase Details
Closed on
Dec 6, 2004
Sold by
Cendant Mobility Fncl Corp
Bought by
Rajammal Ramaiah Karuppaswamy and Rajammal Ramaiah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.26%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 8, 2002
Sold by
Goldstein Ian
Bought by
Pope Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.16%
Purchase Details
Closed on
Mar 16, 2001
Sold by
Mcloughlin Scott
Bought by
Goldstein Ian and Culbertson Sundi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.93%
Purchase Details
Closed on
Jul 5, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Mcloughlin Scott and Mcloughlin Martha
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 |
|---|---|---|---|
| Limbachiya Jigar | $317,500 | None Available | |
| Limbachiya Jigar | $317,500 | None Listed On Document | |
| Ramaiah Vijay | -- | None Available | |
| Rajammal Ramaiah Karuppaswamy | $360,000 | -- | |
| Cendant Mobility Fncl Corp | $360,000 | -- | |
| Pope Mark | $270,000 | -- | |
| Goldstein Ian | $280,000 | -- | |
| Mcloughlin Scott | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Limbachiya Jigar | $289,750 | |
| Previous Owner | Cendant Mobility Fncl Corp | $210,000 | |
| Previous Owner | Pope Mark | $212,000 | |
| Previous Owner | Goldstein Ian | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2020 10/14/20 | Sold | $317,500 | -8.5% | $209 / Sq Ft |
| 08/21/2020 08/21/20 | Pending | -- | -- | -- |
| 08/10/2020 08/10/20 | Price Changed | $347,000 | -4.9% | $229 / Sq Ft |
| 07/30/2020 07/30/20 | For Sale | $365,000 | -- | $241 / Sq Ft |
Source: Garden State 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 | $7,821 | $483,900 | $283,500 | $200,400 |
| 2024 | $7,821 | $433,800 | $283,500 | $150,300 |
| 2023 | $7,473 | $388,800 | $238,500 | $150,300 |
| 2022 | $7,337 | $361,800 | $211,500 | $150,300 |
| 2021 | $6,992 | $316,800 | $166,500 | $150,300 |
| 2020 | $6,953 | $307,800 | $157,500 | $150,300 |
| 2019 | $6,834 | $298,800 | $148,500 | $150,300 |
| 2018 | $6,486 | $280,800 | $130,500 | $150,300 |
| 2017 | $6,303 | $271,800 | $121,500 | $150,300 |
| 2016 | $6,252 | $267,300 | $117,000 | $150,300 |
| 2015 | $6,105 | $262,800 | $112,500 | $150,300 |
| 2014 | $5,992 | $261,900 | $111,600 | $150,300 |
Source: Public Records
Agents Affiliated with this Home
-
James Kontopodias
-
S
Buyer's Agent in 2020
SUKETU SHETH
LOVI REAL ESTATE
Map
Source: Garden State MLS
MLS Number: 3652367
APN: 08-00020-05-00001
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