NOT LISTED FOR SALE

108 Rake Factory Rd Flemington, NJ 08822

Franklin Neighborhood

Estimated Value: $816,000 - $874,000

4 Beds
4 Baths
-- Sq Ft
3.99 Acres

Last Sold October 24, 2023

Last sale price $755,000

Est. 13% increase in value since last sale

Current estimated payment $5,738/month

9 Days on Market

About This Home

As of October 2023

This home is located at 108 Rake Factory Rd, Flemington, NJ 08822 since 20 September 2023 and is currently estimated at $850,865. This property was built in 1996. 108 Rake Factory Rd is a home located in Hunterdon County with nearby schools including Franklin Township School, North Hunterdon High School, and The Goddard School - Flemington.

Last Agent to Sell the Property

Aaron Collins

RE/MAX CLASSIC GROUP Brokerage Phone: 908-698-4500 Listed on: 09/20/2023

RE/MAX CLASSIC GROUP

Last Buyer's Agent

Brandon Hill

KELLER WILLIAMS REAL ESTATE

KELLER WILLIAMS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,096

Year Built

  • Built in 1996

Lot Details

  • 3.99 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,096

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Year Built: 1996
  • County Name: Hunterdon
  • I D: 5246005
  • Attribution Contact: 908-698-4500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 3.99 AC.
  • Total Acres: 3.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 10, 2023
Sold by
Banczak Robert K
Bought by
Hay Leslie and Foran Donna Hay
Seller's Agent
Aaron Collins
RE/MAX CLASSIC GROUP
Buyer's Agent
Brandon Hill
KELLER WILLIAMS REAL ESTATE
List Price
$699,999
Sold Price
$755,000
Premium/Discount to List
$55,001
7.86%
Views
164
Current Estimated Value
$850,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,865
Avg. Annual Appreciation
5.80%
Original Mortgage
$604,000
Outstanding Balance
$592,257
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$258,608

Purchase Details

Closed on
Feb 14, 1996
Sold by
Graf Robert L and Graf Connie C
Bought by
Banczak Robert K and Banczak Sophie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Hay Leslie $755,000 Old Republic Title
Hay Leslie $755,000 Old Republic Title
Banczak Robert K $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hay Leslie $604,000
Closed Hay Leslie $604,000
Previous Owner Banczak Robert K $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2023 10/24/23 Sold $755,000 +7.9% --
09/29/2023 09/29/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $699,999 -- --
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 $15,096 $502,200 $184,900 $317,300
2024 $13,161 $502,200 $184,900 $317,300
2023 $13,161 $463,100 $184,900 $278,200
2022 $13,078 $463,100 $184,900 $278,200
2021 $12,328 $463,100 $184,900 $278,200
2020 $12,670 $463,100 $184,900 $278,200
2019 $12,795 $463,100 $184,900 $278,200
2018 $12,082 $463,100 $184,900 $278,200
2017 $11,851 $463,100 $184,900 $278,200
2016 $11,513 $463,100 $184,900 $278,200
2015 $11,480 $463,100 $184,900 $278,200
2014 $11,716 $463,100 $184,900 $278,200
Source: Public Records

Agents Affiliated with this Home

  • Aaron Collins

    Seller's Agent in 2023

    Aaron Collins

    RE/MAX

    (908) 432-1714

    1 in this area

    75 Total Sales

    Aaron Collins
    Section Image

  • B

    Buyer's Agent in 2023

    Brandon Hill

    KELLER WILLIAMS REAL ESTATE

    (267) 273-3470

    1 in this area

    31 Total Sales

    Brandon Hill
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3865725

Garden State MLS

APN: 10-00044-0000-00001-03

New Jersey Hunterdon County Flemington 08822 Franklin

108 Rake Factory Rd, Flemington, NJ

Not Listed for Sale

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