NOT LISTED FOR SALE

1 Raleigh Way Franklin Park, NJ 08823

Estimated Value: $762,000 - $834,000

2 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold April 22, 2019

Last sale price $513,500

Est. 49% increase in value since last sale

Current estimated payment $5,365/month

13 Days on Market

Highlights

  • Outdoor Pool
  • Wood Flooring
  • Granite Countertops
  • Senior Community
  • Attic
  • Breakfast Area or Nook

About This Home

As of April 2019

Stunning 5 yr young home located in The Reserve section of prestigious Canal Walk! This grand rancher features a flowing floor plan and top notch amenities including an upper floor with a spacious room just waiting to be utilized. Dramatic Cathedral and tray ceilings. Gleaming hardwood floors, spacious living room open to formal dining room. Generous eat-in kitchen flows to the family room and has lots of windows for natural light, full SS appliance package, stone counter tops, and beautiful cabinetry. Community has tennis courts and pool. This is a must see!

Last Agent to Sell the Property

Teresa Barba

Keller Williams Realty West Monmouth License #0017256 Listed on: 01/25/2019

Keller Williams Realty West Monmouth

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,847

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 250 x 170

HOA Fees

  • $268 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Sliding Doors
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Patio

Schools

  • Sampson G. Smith Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Senior Community
  • Canal Walk Subdivision

Listing and Financial Details

  • Exclusions: contents of home, personal items
  • Assessor Parcel Number 15-00004-0000-00022-06

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,847

Year Built

Built in 1973

Lot Details

0

HOA Fees

$268 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Subdivision Name: Canal Walk
  • Architectural Style: Detached
  • Reso Interior Features: Attic
  • New Construction: No
  • Year Built: 1973
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 250 x 170
  • General Property Info Farm: No
  • Location Middle School: Sampson G. Smith
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • Interior Attic: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen BnookDining Area: Yes
  • Style Detached2: Yes
  • Kitchen Floor - Wood4: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:None2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: contents of home, personal items
  • Exterior Features: Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Asphalt
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 268.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Sampson G. Smith

Lot Info

  • Lot Dimensions: 250 x 170
  • Parcel #: 15-00004-0000-00022-06

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 17847.0

MLS Schools

  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2017
Closed on
Mar 7, 2017
Sold by
Rennie Michael and Rennie Sandra
Bought by
Guirguis Sherif and Guirguis Rita
Seller's Agent
Catherine Rickards
RE/MAX OUR TOWN
Buyer's Agent
ALBERT SROUR
FRANKO REALTY LLC
List Price
$459,900
Sold Price
$455,000
Premium/Discount to List
-$4,900
-1.07%
Current Estimated Value
$766,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,272
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Jun 27, 2003
Sold by
Richardson Evan
Bought by
Rennie Michael and Rennie Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.34%

Purchase Details

Closed on
Oct 9, 2001
Sold by
Meyer Richard
Bought by
Richardson Evan and Richardson Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.92%

Purchase Details

Closed on
Nov 25, 1998
Sold by
Torres William
Bought by
Meyer Richard and Meyer Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,500
Interest Rate
6.8%

Purchase Details

Closed on
Jan 25, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Torres William A and Torres Sonia M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Guirguis Sherif $450,000 Title Village Title Agency L
Rennie Michael $365,000 --
Richardson Evan $300,000 --
Meyer Richard $222,000 --
Torres William A $202,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rennie Michael S $54,600
Previous Owner Rennie Michael S $342,000
Previous Owner Rennie Michael S $35,000
Previous Owner Rennie Michael $290,000
Previous Owner Richardson Evan $275,000
Previous Owner Meyer Richard $210,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2019 04/22/19 Sold $513,500 +12.9% --
03/20/2017 03/20/17 Sold $455,000 -1.1% $206 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $459,900 -- $208 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2024 $11,065 $613,700 $306,100 $307,600
2023 $10,834 $563,700 $256,100 $307,600
2022 $10,823 $533,700 $226,100 $307,600
2021 $10,675 $483,700 $176,100 $307,600
2020 $10,701 $473,700 $166,100 $307,600
2019 $10,605 $463,700 $156,100 $307,600
2018 $10,249 $443,700 $136,100 $307,600
2017 $10,058 $433,700 $126,100 $307,600
2016 $10,027 $428,700 $121,100 $307,600
2015 $9,843 $423,700 $116,100 $307,600
2014 $9,671 $422,700 $115,100 $307,600
Source: Public Records

Agents Affiliated with this Home

  • Teresa Barba

    Seller's Agent in 2019

    Teresa Barba

    Keller Williams Realty West Monmouth

    (908) 208-2699

    2 in this area

    201 Total Sales

    Section Image

  • N

    Buyer's Agent in 2019

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2019

    NON MEMBER MORR

    NON MEMBER

  • C

    Seller's Agent in 2017

    Catherine Rickards

    RE/MAX

    (732) 766-4109

    4 in this area

    24 Total Sales

    Section Image

  • A

    Buyer's Agent in 2017

    ALBERT SROUR

    FRANKO REALTY LLC

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21903422

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00020-09-00009

New Jersey Somerset County Franklin Park 08823

1 Raleigh Way, Franklin Park, NJ

This home is located at 1 Raleigh Way, Franklin Park, NJ 08823 since 25 January 2019 and is currently estimated at $796,339. This property was built in 1973. 1 Raleigh Way is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Guidepost Montessori at Kendall Park.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes