NOT LISTED FOR SALE

109 Rachel Ct Franklin Park, NJ 08823

Estimated Value: $355,000 - $375,000

2 Beds
2 Baths
1,150 Sq Ft
$256/mo HOA Fee

Last Sold August 08, 2022

Last sale price $275,000 $239 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,719/month

14 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Community Pool
  • Contemporary Architecture
  • 1 Fireplace
  • Tennis Courts

About This Home

As of August 2022

Beautiful Penthouse level 2 bedroom, 2 bath condo with laminate floors, skylights, fireplace, Balcony & more...Society Hill is a great community with amenities including Clubhouse with outdoor pool, playground, tennis court. Excellent Franklin school system. 10 minutes from Princeton. Close to NY transit, including Train & Bus also steps from shopping. A Must see.

Last Agent to Sell the Property

Amim Butt

Keller Williams Premier Listed on: 04/28/2022

Keller Williams Premier

Last Buyer's Agent

NEHA SHARMA

RE/MAX One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,583

Year Built

  • Built in 1988

Lot Details

  • 479

HOA Fees

  • $256 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 1 Level
  • Skylights
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Tax Lot 00054 01
  • Assessor Parcel Number 08-00034 08-00054 01-C4515

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance
  • Society Hill Somerset Iii HOA, Phone Number (732) 821-6314
  • Low-Rise Condominium
  • Society Hill Iii Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,583

Year Built

Built in 1988

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-28
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful Penthouse level 2 bedroom, 2 bath condo with laminate floors, skylights, fireplace, Balcony & more...Society Hill is a great community with amenities including Clubhouse with outdoor pool, playground, tennis court. Excellent Franklin school system. 10 minutes from Princeton. Close to NY transit, including Train & Bus also steps from shopping. A Must see.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Entry Floor: 3
  • Interior Amenities: Skylight(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Price Per Sq Ft: 217.30
  • Above Grade Finished Sq Ft: 1150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 109

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 256.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint
  • HOA Name: SOCIETY HILL SOMERSET III
  • HOA Phone: 732-821-6314
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FRANKLIN TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397466
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 157900.00
  • Land Assessed Value: 80000.00
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: CR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3210428
  • Tax Annual Amount: 4583.00
  • Assessor Parcel Number: 08-00034 08-00054 01-C4515
  • Tax Lot: 00054 01
  • Tax Total Finished Sq Ft: 1150
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/08/2022

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Aug 4, 2022
Sold by
Siddharth Joshi
Bought by
Patel Trupti V
Seller's Agent
Amim Butt
Keller Williams Premier
Buyer's Agent
NEHA SHARMA
RE/MAX One
List Price
$249,900
Sold Price
$275,000
Premium/Discount to List
$25,100
10.04%
Current Estimated Value
$364,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,740
Avg. Annual Appreciation
9.63%
Original Mortgage
$261,250
Outstanding Balance
$251,758
Interest Rate
5.7%
Mortgage Type
Balloon
Estimated Equity
$107,299

Purchase Details

Listed on
May 28, 2014
Closed on
May 23, 2014
Sold by
Kang Jim Wei and Kang Chungli
Bought by
Joshi Siddharth
Seller's Agent
FRANK HO
Century 21 Abrams & Associates, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
Sold Price
$1,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2000
Sold by
Kay Mitchell
Bought by
Ratner Ronald and Ratner Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
8.5%

Purchase Details

Closed on
Feb 8, 1989
Sold by
K Hovnanian At Somerset Iii Inc
Bought by
Kay Mitchell S
Source: Public Records

Range of Values:

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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
Patel Trupti V $275,000 Pickus Evan N
Joshi Siddharth $181,000 Golden Title Agency
Ratner Ronald $109,900 --
Kay Mitchell S $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Trupti V $261,250
Previous Owner Joshi Siddharth $120,000
Previous Owner Ratner Ronald $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $275,000 +10.0% $239 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $249,900 0.0% $217 / Sq Ft
08/01/2020 08/01/20 Rented $1,600 0.0% --
07/13/2020 07/13/20 Under Contract -- -- --
06/29/2020 06/29/20 For Rent $1,600 +14.3% --
07/18/2014 07/18/14 Rented $1,400 -15.2% --
07/15/2014 07/15/14 Under Contract -- -- --
05/28/2014 05/28/14 For Rent $1,650 -- --
Source: Bright 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
2024 $5,371 $297,900 $140,000 $157,900
2023 $5,149 $267,900 $110,000 $157,900
2022 $4,825 $237,900 $80,000 $157,900
2021 $4,699 $212,900 $55,000 $157,900
2020 $4,584 $202,900 $45,000 $157,900
2019 $4,526 $197,900 $40,000 $157,900
2018 $4,243 $183,700 $30,000 $153,700
2017 $4,028 $173,700 $20,000 $153,700
2016 $4,063 $173,700 $20,000 $153,700
2015 $4,035 $173,700 $20,000 $153,700
2014 $3,974 $173,700 $20,000 $153,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSO2001208

Bright MLS

APN: 08-00034-08-00054-01-C4515