NOT LISTED FOR SALE

101 Rachel Ct Unit E2 Franklin Park, NJ 08823

Estimated Value: $360,000 - $363,000

2 Beds
2 Baths
-- Sq Ft
$249/mo HOA Fee

Last Sold June 22, 2021

Last sale price $250,000

Est. 45% increase in value since last sale

Current estimated payment $2,583/month

9 Days on Market

Highlights

  • Private Pool
  • Deck
  • L-Shaped Dining Room
  • Clubhouse
  • Whirlpool Bathtub
  • Jogging Path

About This Home

As of June 2021

Coveted 2nd Floor End Unit Condo Facing Woods in Society Hill III. Master Bedroom includes Large Walk-In Closet , Updated Full Bath w/Jetted Spa Tub, large Bay Window Eat-In Kitchen w/Glass Tile Backsplash, Stainless Steel Appl. & Butcher Block Counters tops. Private Patio facing the rear w/ beautiful tree lined grounds. A 2nd Bedroom & another full updated Bath complete is this home. All new Light fixtures & electrical outlets, quiet master bath exhaust fan. Amenities Include: Club House (available for rental), Tennis Courts, In-ground Pool & Playground. Close to Shopping, NYC Bus Line & ALL Major Transportation.

Last Agent to Sell the Property

Vincent Pelosi

COLDWELL BANKER REALTY Listed on: 05/06/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

BENITA HOLT

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,436

Year Built

  • Built in 1988

Lot Details

  • Sprinkler System

HOA Fees

  • $249 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Blinds
  • Living Room
  • L-Shaped Dining Room
  • Formal Dining Room
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Additional Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Franklin High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Underground Utilities
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00034-0008-00054-0001-C4514

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,436

Year Built

Built in 1988

Lot Details

0

HOA Fees

$249 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1988
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Ring Door Bell System
  • Directions: Route 27 to Steward, Left on Beekman, Right on Rachel or South Middlesbush to Beekman, Right on Rachel
  • I D: 5068755
  • Section Subdiv Development: Society Hill III
  • First Name: VINCENT
  • First Name3: BENITA
  • Last Name: PELOSI
  • Last Name3: HOLT
  • Office Phone3: (646) 651-5670
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr, Walk-In Closet, Whirlpool
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Area: Dining L
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Kitchen, Laundry Room, Living Room
  • Phone: 908-782-6850

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck, Sidewalk, Storm Window(s), Tennis Courts, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Assigned, Lighting, Parking Lot-Shared

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 249
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Schools

  • High School: FRANKLIN

Lot Info

  • Lot Size: COMMON ELEMENTS
  • Easement: Unknown
  • 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: 4436
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00034-0008-00054-0001-C4514
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.259
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 23, 2021
Sold by
Campbell Thomas and Campbell Carolee
Bought by
Holt Junior Dane L
Seller's Agent
Vincent Pelosi
COLDWELL BANKER REALTY
Buyer's Agent
BENITA HOLT
KELLER WILLIAMS ELITE REALTORS
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%
Current Estimated Value
$361,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,510
Avg. Annual Appreciation
8.60%
Original Mortgage
$187,500
Outstanding Balance
$169,758
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$191,752

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 18, 2021
Sold by
Campbell Thomas and Campbell Carolee
Bought by
Holt Dane L
Seller's Agent
Vincent Pelosi
COLDWELL BANKER REALTY
Buyer's Agent
BENITA HOLT
KELLER WILLIAMS ELITE REALTORS
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Outstanding Balance
$169,758
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$191,752

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jun 15, 2018
Sold by
Romero Mendez Ilia Z
Bought by
Campbell Thomas
Seller's Agent
HEATHER CASEY
RE/MAX DIAMOND REALTORS
Buyer's Agent
Vincent Baricaua
RE/MAX OUR TOWN
List Price
$197,500
Sold Price
$197,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$191,575
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2007
Sold by
Day Maurice and Sass Day Yolander
Bought by
Romero Ilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,550
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
Baumgarten Keith
Bought by
Day Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,550
Interest Rate
8.1%
Mortgage Type
VA

Purchase Details

Closed on
Feb 10, 1989
Sold by
K Hovnanian At Somerset Iii Inc
Bought by
Baumgarten Kieth L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Holt Junior Dane L $250,000 Old Republic Title
Holt Dane L $250,000 Old Republic Title Ins Co
Campbell Thomas $197,500 Stewart Title Guaranty Co
Romero Ilia $215,000 None Available
Day Maurice $102,500 --
Baumgarten Kieth L $112,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Junior Dane L $187,500
Closed Holt Dane L $187,500
Previous Owner Campbell Thomas $191,575
Previous Owner Romero Ilia $208,550
Previous Owner Day Maurice $104,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2021 06/22/21 Sold $250,000 +6.4% --
05/15/2021 05/15/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $235,000 +19.0% --
06/15/2018 06/15/18 Sold $197,500 0.0% -- View Prior Sale
04/10/2018 04/10/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $197,500 -- --
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 $5,254 $361,600 $160,000 $201,600
2024 $5,254 $291,400 $140,000 $151,400
2023 $5,024 $261,400 $110,000 $151,400
2022 $4,693 $231,400 $80,000 $151,400
2021 $4,555 $206,400 $55,000 $151,400
2020 $4,437 $196,400 $45,000 $151,400
2019 $4,377 $191,400 $40,000 $151,400
2018 $4,190 $181,400 $30,000 $151,400
2017 $3,975 $171,400 $20,000 $151,400
2016 $4,009 $171,400 $20,000 $151,400
2015 $3,982 $171,400 $20,000 $151,400
2014 $3,922 $171,400 $20,000 $151,400
Source: Public Records

Agents Affiliated with this Home

  • Vincent Pelosi

    Seller's Agent in 2021

    Vincent Pelosi

    COLDWELL BANKER REALTY

    (908) 472-3824

    2 in this area

    16 Total Sales

    Vincent Pelosi
    Section Image

  • B

    Buyer's Agent in 2021

    BENITA HOLT

    KELLER WILLIAMS ELITE REALTORS

  • HEATHER CASEY

    Seller's Agent in 2018

    HEATHER CASEY

    RE/MAX

    (732) 674-6035

    28 in this area

    68 Total Sales

    HEATHER CASEY
    Section Image
  • Vincent Baricaua

    Buyer's Agent in 2018

    Vincent Baricaua

    RE/MAX

    (732) 921-0389

    36 in this area

    190 Total Sales

    Vincent Baricaua
    Section Image

  • H

    Buyer Co-Listing Agent in 2018

    HONG LAM

    RED DOOR REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3710113

Garden State MLS

APN: 08-00034-08-00054-01-C4514

New Jersey Somerset County Franklin Park 08823

101 Rachel Ct Unit E2, Franklin Park, NJ

Not Listed for Sale

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