NOT LISTED FOR SALE

126 Constitution Way Unit N1 Franklin, NJ 07416

Estimated Value: $261,000 - $303,000

2 Beds
2.5 Baths
1,100 Sq Ft
$250/mo HOA Fee

Last Sold January 20, 2017

Last sale price $110,000 $100 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,316/month

14 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of January 2017

NICE 2 BED 2.5 BATH END-UNIT TOWNHOME LOCATED IN FRANKLIN MEADOWS. HOME FEATURES WOOD BURNING FIREPLACE IN LIVING ROOM AND SLIDERS LEADING OUT TO DECK IN THE REAR. MASTER BR WITH WALK-IN CLOSET AND FULL PARTIALLY FINISHED BASEMENT. GOOD LOCATION CLOSE TO SHOPPING AND COMMUTING ROUTES. THIS IS A FANNIE MAE HOMEPATH PROPERTY. BUYER RESPONSIBLE FOR CO AND ALL INSPECTIONS.

Last Agent to Sell the Property

CHRISTIAN VEGA

REALTY EXECUTIVES EXCEPTIONAL Listed on: 11/15/2016

Last Buyer's Agent

ROBERT CARROLL

STONYBROOK REALTY NJ LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,543

Year Built

  • Built in 1986

Lot Details

  • 436

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • Additional Parking

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2806-01101-0000-00110-0000-C0101

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,543

Year Built

Built in 1986

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Sussex
  • Directions: Rt 23 to Mitchell to Independence to Constitution Way
  • I D: 4671413
  • Section Subdiv Development: Franklin Meadows
  • First Name: CHRISTIAN
  • First Name3: ROBERT
  • Last Name: VEGA
  • Last Name3: CARROLL
  • Office Phone: 973-575-6700
  • Office Phone3: 973-334-1416
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Bedrooms: 2
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x11
  • Kitchen Level: First
  • Living Room Dim: 15x12
  • Living Room Level: First
  • Phone: 973-729-7141

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas In Street
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 250
  • Association Maintenance Fee Frequency: Monthly

Lot Info

  • Lot Size: .014 AC
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.01

Rental Info

  • Application Fee: 999999
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4543
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2806-01101-0000-00110-0000-C0101
  • Tax Rate Amount: 3.572
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jan 16, 2017
Sold by
Fannie Mae
Bought by
Vannees Frances Van
Seller's Agent
CHRISTIAN VEGA
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
ROBERT CARROLL
STONYBROOK REALTY NJ LLC
List Price
$107,000
Sold Price
$110,000
Premium/Discount to List
$3,000
2.8%
Current Estimated Value
$290,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,799
Avg. Annual Appreciation
11.57%
Original Mortgage
$104,500
Outstanding Balance
$86,557
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$204,242

Purchase Details

Closed on
Oct 2, 2015
Sold by
Patacco Christopher G and Mortgage Electronic Reigsterti
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 6, 2013
Sold by
Franklin Meadows Condominium Assn Inc
Bought by
Budd Investment Group Inc

Purchase Details

Closed on
Jun 27, 2013
Sold by
Patacco Chris
Bought by
Franklin Meadows Condominum Assn Inc

Purchase Details

Closed on
Jul 13, 2006
Sold by
Mayo Lawrence K and Mayo Cheryl L
Bought by
Patacco Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,800
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2000
Sold by
Varcadipane Joseph and Varcadipane Jeannette
Bought by
Mayo Lawrence K and Mayo Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,450
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 1996
Sold by
Lander Neil J and Mykytyn Victoria V
Bought by
Varcadipane Joseph and Schipper Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.62%

Purchase Details

Closed on
Jun 10, 1994
Sold by
Clemente Dianne
Bought by
Mykytyn and Lander Neil J
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
Vannees Frances Van -- None Available
Federal National Mortgage Association -- None Available
Budd Investment Group Inc $11,277 None Available
Franklin Meadows Condominum Assn Inc -- None Available
Patacco Chris $231,000 Fidelity Natl Title Ins Co
Mayo Lawrence K $117,000 --
Varcadipane Joseph $79,000 --
Mykytyn $85,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vannees Frances Van $104,500
Previous Owner Patacco Chris $184,800
Previous Owner Mayo Lawrence K $113,450
Previous Owner Varcadipane Joseph $75,000
Closed Patacco Chris $34,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $110,000 +2.8% $100 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $107,000 -- $97 / Sq Ft
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 $6,497 $265,700 $123,100 $142,600
2024 $6,291 $244,800 $107,000 $137,800
2023 $6,291 $228,200 $96,300 $131,900
2022 $5,375 $127,200 $42,800 $84,400
2021 $5,220 $127,200 $42,800 $84,400
2020 $5,056 $127,200 $42,800 $84,400
2019 $4,827 $127,200 $42,800 $84,400
2018 $4,746 $127,200 $42,800 $84,400
2017 $4,630 $127,200 $42,800 $84,400
2016 $4,530 $127,200 $42,800 $84,400
2015 $4,544 $127,200 $42,800 $84,400
2014 $4,428 $127,200 $42,800 $84,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    CHRISTIAN VEGA

    REALTY EXECUTIVES EXCEPTIONAL

  • R

    Buyer's Agent in 2017

    ROBERT CARROLL

    STONYBROOK REALTY NJ LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3348956

Garden State MLS

APN: 06 01101-0000-00110-0000-C0101

New Jersey Sussex County Franklin 07416

126 Constitution Way Unit N1, Franklin, NJ

Not Listed for Sale

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