NOT LISTED FOR SALE

16 Franklin St Matawan, NJ 07747

Estimated Value: $540,000 - $630,000

3 Beds
1.5 Baths
1,828 Sq Ft
$330/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $515,000 $282 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,245/month

98 Days on Market

Highlights

  • Bay View
  • New Kitchen
  • Engineered Wood Flooring
  • Matawan Reg High School Rated A-
  • Colonial Architecture
  • 4-minute walk to Terhune Park

About This Home

As of February 2023

STUNNING best describes this meticulously updated home in the heart of Matawan. This home is located on a quiet dead end street, and it is within walking distance to major transportation and the historic section of Downtown Matawan. The current owner spared absolutely no expenses on the recent upgrades to this beautiful home! Inside you'll find hardwood flooring throughout, and a beautifully updated kitchen with white shaker style cabinets, quartz countertops, and a stainless-steel appliance package. In addition, both bathrooms were recently renovated and have been kept meticulous as you'll see! Also notice the custom molding throughout, and a full interior paint job that was recently done. Home also has newer roof, windows, landscape. pavers, and much more! Truly TURN-KEY!

Last Listed By

Nicholas Vaughan

EXP Realty License #2188602 Listed on: 09/12/2022

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,586

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Street terminates at a dead end

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 1,828 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • Bay Window
  • Engineered Wood Flooring
  • Bay Views
  • Pull Down Stairs to Attic
  • Unfinished Basement

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Covered patio or porch

Schools

  • Ravine Drive Elementary School
  • Matawan Avenue Middle School
  • Matawan Reg High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: RIng Cameras
  • Assessor Parcel Number 31-00029-0000-00055

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,586

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street
  • Inclusions: Window Treatments, Blinds/Shades, Dishwasher, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Flooring: Cement
  • Reso Interior Features: Attic - Pull Down Stairs, Bay/Bow Window, Dec Molding, Recessed Lighting
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Foyer Floor - Engineered5: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.15
  • General Property Info Lot Dimensions: 50 x 130
  • Location Middle School: Matawan Avenue
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Window Treatments: Yes
  • Interior BayBow Window: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Roof Timberline: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Garage Storage Above: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Timberline, Shingle
  • Acres: 0.15
  • Waterfront: No
  • Exclusions: RIng Cameras
  • Exterior Features: Patio, Porch - Open, Porch - Covered
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Oversized, Storage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Lot Dimensions: 50 x 130
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 31-00029-0000-00055
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9586.0

MLS Schools

  • Elementary School: Ravine Drive
  • High School: Matawan Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Feb 13, 2023
Sold by
Czylek Joseph and Czylek Katsiaryna
Bought by
Rice Bradley D and Rice Samantha
Seller's Agent
Nicholas Vaughan
EXP Realty
Buyer's Agent
Edith Rubinson
C21/ Action Plus Realty
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Total Days on Market
98
Views
133
Current Estimated Value
$602,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,510
Avg. Annual Appreciation
7.43%
Original Mortgage
$412,000
Outstanding Balance
$400,947
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$201,563

Purchase Details

Closed on
Aug 25, 2011
Sold by
Czylek Joseph and Genna Christina
Bought by
Czylek Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,700
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2010
Sold by
Spahlu Lulzim and Weber Michael
Bought by
Czlek Joseph and Genna Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,412
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 2005
Sold by
Dennis Faith Diane
Bought by
Spahiu Lulzim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
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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
Rice Bradley D $515,000 --
Czylek Joseph -- None Available
Czlek Joseph $270,000 Multiple
Spahiu Lulzim $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Bradley D $412,000
Previous Owner Czylek Joseph A $100,000
Previous Owner Czylek Joseph $238,500
Previous Owner Czylek Joseph $272,700
Previous Owner Czlek Joseph $266,412
Previous Owner Spahiu Lulzim $352,700
Previous Owner Spahiu Lulzim $319,990
Previous Owner Spahiu Lulzim $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $515,000 -1.9% $282 / Sq Ft
01/31/2023 01/31/23 For Sale $525,000 0.0% $287 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
10/11/2022 10/11/22 Price Changed $525,000 -4.5% $287 / Sq Ft
09/25/2022 09/25/22 Price Changed $550,000 -8.2% $301 / Sq Ft
09/12/2022 09/12/22 For Sale $599,000 -- $328 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $10,650 $516,100 $303,000 $213,100
2023 $10,650 $489,900 $293,000 $196,900
2022 $9,586 $402,500 $215,000 $187,500
2021 $7,123 $352,800 $182,000 $170,800
2020 $9,322 $340,700 $172,000 $168,700
2019 $9,080 $332,600 $168,000 $164,600
2018 $8,985 $323,800 $163,000 $160,800
2017 $8,746 $310,700 $153,000 $157,700
2016 $8,370 $303,700 $148,000 $155,700
2015 $7,726 $282,500 $133,000 $149,500
2014 $7,701 $282,600 $128,000 $154,600
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22228891

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 31-00029-0000-00055