NOT LISTED FOR SALE

131 Columbus Dr Unit 1506 Franklin Park, NJ 08823

Estimated Value: $503,000 - $548,000

3 Beds
3 Baths
1,866 Sq Ft
$286/Sq Ft Est. Value

About This Home

This home is located at 131 Columbus Dr Unit 1506, Franklin Park, NJ 08823 and is currently estimated at $533,546, approximately $285 per square foot. 131 Columbus Dr Unit 1506 is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Guidepost Montessori at Kendall Park.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2019
Sold by
Gadireddy Madhusudhanrao and Gadireddy Nagalatha
Bought by
Patel Mahesh N and Patel Saroj M
Current Estimated Value
$533,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$148,733
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$384,813

Purchase Details

Closed on
Nov 3, 2016
Sold by
Gadireddy Madhusdhanrao and Gadireddy Nagalatha
Bought by
Gadireddy Madhusdhanrao and Padala Nagalatha

Purchase Details

Closed on
Aug 15, 2005
Sold by
Giampietro Charles
Bought by
Gadireddy Madhusudhanrao and Pagala Nagalatha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.79%

Purchase Details

Closed on
Nov 24, 1992
Sold by
Hovnanian Somerset Viii K
Bought by
Giampietro Charles and Giampietro Guy
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Mahesh N $320,000 Old Republic Title Ins Co
Gadireddy Madhusdhanrao -- None Available
Gadireddy Madhusudhanrao $335,000 --
Giampietro Charles $140,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mahesh N $220,000
Previous Owner Gadireddy Madhusudhanrao $268,000
Source: Public Records

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 $7,668 $495,600 $215,000 $280,600
2024 $7,668 $425,300 $215,000 $210,300
2023 $7,598 $395,300 $185,000 $210,300
2022 $7,003 $345,300 $135,000 $210,300
2021 $7,069 $320,300 $110,000 $210,300
2020 $7,010 $310,300 $100,000 $210,300
2019 $6,754 $295,300 $85,000 $210,300
2018 $6,480 $280,500 $75,000 $205,500
2017 $6,505 $280,500 $75,000 $205,500
2016 $6,444 $275,500 $70,000 $205,500
2015 $5,935 $255,500 $50,000 $205,500
2014 $5,960 $260,500 $55,000 $205,500
Source: Public Records

Map

New Jersey Somerset County Franklin Park 08823

131 Columbus Dr Unit 1506, Franklin Park, NJ

This home is located at 131 Columbus Dr Unit 1506, Franklin Park, NJ 08823 and is currently estimated at $533,546, approximately $285 per square foot. 131 Columbus Dr Unit 1506 is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Guidepost Montessori at Kendall Park.

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.

Nearby Homes