NOT LISTED FOR SALE

1 Magellan Way Franklin Park, NJ 08823

Estimated Value: $514,000 - $551,237

2 Beds
2 Baths
1,517 Sq Ft
$349/Sq Ft Est. Value

Sale Details

Date Sold: October 14, 2020

Last sale price $317,500 $209 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,512 / mo

22 Days on Market

Highlights

  • Colonial Architecture
  • Jetted Tub and Shower Combination in Primary Bathroom
  • High Ceiling
  • Wood Flooring
  • Corner Lot
  • Thermal Windows

About This Home

As of October 2020

Single 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 Agent to Sell the Property

James Kontopodias

KELLER WILLIAMS REAL ESTATE Listed on: 07/30/2020

KELLER WILLIAMS REAL ESTATE

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

  • 13,504 Sq Ft 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
  • Asphalt Shingled Roof
  • Vinyl Siding

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
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • 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
  • 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-

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,669

Year Built

Built in 1990

Lot Details

0.31 Acres

HOA Fees

$13 per month

Parking

1

Listing Details

  • Style: Ranch, Colonial
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1990
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: South Middlebush Rd to Magellan Way
  • I D: 4998171
  • Section Subdiv Development: Nob Hill
  • First Name: JAMES
  • First Name3: SUKETU
  • Last Name: KONTOPODIAS
  • Last Name3: SHETH
  • Office Phone: 908-751-7750
  • Office Phone3: 732-902-6363
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: High Ceilings, JacuzTyp, Smoke Detector, TubShowr
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Jetted Tub, Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Slab
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 16x12
  • Living Room Dim: 14x15
  • Living Room Level: First
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Kitchen, LivDinRm
  • Estimated Sq Ft: 1517
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Patio, Privacy Fence, Storm Door(s), Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 160
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

Schools

  • High School: FRANKLIN
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: .31 ACRES
  • Easement: Unknown
  • Lot Description: Corner
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.31
  • Zoning: Res

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 6669
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00020-0005-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.232
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: FRANKLIN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 12, 2020
Sold by
Bought by
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
$530,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,559
Avg. Annual Appreciation
9.36%
Original Mortgage
$289,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 2004
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$317,500 None Listed On Document
$317,500 None Listed On Document
-- None Available
$360,000 --
$360,000 --
$270,000 --
$280,000 --
$165,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $289,750
Previous Owner $210,000
Previous Owner $212,000
Previous Owner $220,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Seller's Agent in 2020

    James Kontopodias

    KELLER WILLIAMS REAL ESTATE

    (732) 236-8971

    43 Total Sales

    James Kontopodias
    Section Image

  • S

    Buyer's Agent in 2020

    SUKETU SHETH

    LOVI REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3652367

Garden State MLS

APN: 08-00020-05-00001

New Jersey Somerset County Franklin Park 08823

1 Magellan Way, Franklin Park, NJ

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