NOT LISTED FOR SALE

107 Rachel Ct Franklin Park, NJ 08823

Franklin Park Neighborhood

Estimated Value: $355,000 - $360,000

2 Beds
2 Baths
1,064 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $270,000 $254 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,418/month

About This Home

As of October 2022

Society Hill Condo Available for RENT! 2 Bedrooms, 2 Full Bath, Living Dining open plan with Fire Place. and Sliding door leads to private Balcony overview woods with beauty and privacy. Sky lights are special feature of this cute condo Enjoy a lot of sunlight, on 3rd floor. The master bedroom is complete with an en suite bath, large walk-in closet.. The secondary bedroom is generous in size. Ample storage and laundry room .Convenient to major highways, shopping, school and transportation. Landlord looking at least 685 or more Credit score and 70/30 income to debt ratio.Other amenities include a pool, tennis courts, playground, walking paths & club house. Conveniently located to major hwys, train, restaurants & shopping.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2025
Sold by
Siraj Wasim and Wasim Zunaira
Bought by
Roman Katherinne
Current Estimated Value
$357,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,412
Outstanding Balance
$353,120
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
$4,711

Purchase Details

Listed on
Oct 22, 2022
Closed on
Oct 19, 2022
Sold by
Pillai Vilasini
Bought by
Sirai Wasim and Wasim Zunaira
Seller's Agent
Nabeela Kausar
Realty One Group Central
Buyer's Agent
Nabeela Kausar
Keller Williams Realty West Monmouth
Sold Price
$27,600
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$216,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2015
Closed on
Dec 5, 2015
Sold by
Zurkovsky Henry and Zurkovsky Adelina
Bought by
Pillai Vilasini
Seller's Agent
MARY M. MATTEI
WINDING RIVER REALTY LLC
Buyer's Agent
Carol Rowe-Mair
RE/MAX FIRST REALTY
Sold Price
$162,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Apr 27, 2004
Sold by
Mclean Philip
Bought by
Zurkovsky Henry and Zurkovsky Adelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,500
Interest Rate
5.39%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Scutti John
Bought by
Mclean Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
7.61%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 1989
Sold by
K Hovnanian At Somerset Iii Inc
Bought by
Marshall Susan L and Marshall R

Purchase Details

Closed on
Mar 7, 1989
Sold by
K Hovnanian At Somerset Iii Inc
Bought by
Scutti John and Scutti Gail

Range of Values:

Collateral Analytics

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ICE

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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
Roman Katherinne $359,000 None Listed On Document
Roman Katherinne $359,000 None Listed On Document
Sirai Wasim $270,000 First American Title
Pillai Vilasini $162,000 Attorney
Zurkovsky Henry $194,400 --
Mclean Philip $82,000 --
Marshall Susan L $108,400 --
Scutti John $113,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roman Katherinne $353,412
Closed Roman Katherinne $353,412
Previous Owner Sirai Wasim $216,000
Previous Owner Zurkovsky Henry $155,500
Previous Owner Mclean Philip $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Rented $27,600 +1154.5% --
10/22/2022 10/22/22 For Rent $2,200 0.0% --
10/21/2022 10/21/22 Sold $270,000 0.0% $254 / Sq Ft
08/22/2022 08/22/22 For Sale $269,900 +66.6% $254 / Sq Ft
12/07/2015 12/07/15 Sold $162,000 -- --

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 $5,207 $288,800 $140,000 $148,800
2023 $4,974 $258,800 $110,000 $148,800
2022 $4,640 $228,800 $80,000 $148,800
2021 $4,498 $203,800 $55,000 $148,800
2020 $4,378 $193,800 $45,000 $148,800
2019 $4,318 $188,800 $40,000 $148,800
2018 $4,036 $174,700 $30,000 $144,700
2017 $3,935 $169,700 $25,000 $144,700
2016 $3,969 $169,700 $25,000 $144,700
2015 $3,942 $169,700 $25,000 $144,700
2014 $3,883 $169,700 $25,000 $144,700
Source: Public Records

Agents Affiliated with this Home

  • Nabeela Kausar

    Seller's Agent in 2022

    Nabeela Kausar

    Realty One Group Central

    (732) 513-0333

    1 in this area

    25 Total Sales

    Nabeela Kausar
    Section Image
  • Carol Rowe-Mair

    Seller's Agent in 2022

    Carol Rowe-Mair

    RE/MAX

    (908) 451-5823

    3 in this area

    64 Total Sales

    Carol Rowe-Mair
    Section Image

  • M

    Seller's Agent in 2015

    MARY M. MATTEI

    WINDING RIVER REALTY LLC

See All Agents

Map

New Jersey Somerset County Franklin Park 08823 Franklin Park

107 Rachel Ct, Franklin Park, NJ

Homes for Sale in Franklin Park, NJ

This home is located at 107 Rachel Ct, Franklin Park, NJ 08823 and is currently estimated at $357,831, approximately $336 per square foot. 107 Rachel Ct is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Cheder Menachem.

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.

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