J
Seller's Agent in 2021
Jessica Maratea
CENTURY 21 SYLVIA GEIST AGENCY
(732) 979-3785
6 in this area
62 Total Sales
16 Magellan Way Franklin Park, NJ 08823
Estimated Value: $719,000 - $828,000
3
Beds
2.5
Baths
1,913
Sq Ft
$393/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Corner Lot
- Vaulted Ceiling
- Attic
- Private Yard
About This Home
As of March 2021No showings until 2/13. Welcome to Nob Hill at Somerset Park! This move in ready 3 bedroom 2.5 bath colonial offers an open floor plan that allows natural sunlight to shine through! It boasts a 2 story living room with vaulted ceiling, hardwood floors and beautiful tall arched windows. The kitchen features new white shaker cabinetry, stainless steel appliances, porcelain tile flooring, stone backsplash and 2 skylights. Master suite with vaulted ceiling, walk-in-closet, double sink vanity, standing shower and soaking tub. Upstairs also includes 2 additional bedrooms, full bath and laundry room. Enjoy spending time in the large backyard that includes a patio off the kitchen, and a fully enclosed white PVC fence (2020). Furnace, A/C and hot water heater replaced in 2018. The community has an optional pool, tennis courts and a clubhouse for an additional fee.
Last Agent to Sell the Property
CENTURY 21 SYLVIA GEIST AGENCY Listed on: 02/13/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,081
Year Built
- Built in 1991
Lot Details
- 6,098 Sq Ft Lot
- Fenced
- Corner Lot
- Level Lot
- Private Yard
- Property is zoned CR
HOA Fees
- $18 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Side by Side Parking
- Garage Door Opener
- Driveway
- Open Parking
Home Design
- Colonial Architecture
- Asphalt Roof
Interior Spaces
- 1,913 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Family Room
- Living Room
- Formal Dining Room
- Attic
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Forced Air Heating System
- Gas Water Heater
Community Details
- Association fees include common area maintenance
- Nob Hill Subdivision
- The community has rules related to vehicle restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2021
Closed on
Mar 25, 2021
Sold by
Piccoli Lea
Bought by
Shah Ravi and Shah Pankti
Seller's Agent
Jessica Maratea
CENTURY 21 SYLVIA GEIST AGENCY
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,998
Avg. Annual Appreciation
9.47%
Original Mortgage
$372,000
Outstanding Balance
$335,329
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$416,669
Purchase Details
Listed on
Sep 17, 2018
Closed on
Feb 4, 2019
Sold by
Karsen John and Bernal Jeanette L
Bought by
Piccoli Lea
Seller's Agent
Joan Eisenberg
RE/MAX PREFERRED PROFESSIONALS
List Price
$439,900
Sold Price
$415,000
Premium/Discount to List
-$24,900
-5.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$407,483
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 20, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Karsen John and Karsen Bernal
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shah Ravi | $500,000 | Foundation Ttl Llc East Brun | |
| Piccoli Lea | $415,000 | Wfg National Title Ins Co | |
| Karsen John | $173,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shah Ravi | $372,000 | |
| Previous Owner | Piccoli Lea | $407,483 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2021 03/31/21 | Sold | $500,000 | 0.0% | $261 / Sq Ft |
| 03/01/2021 03/01/21 | Pending | -- | -- | -- |
| 02/13/2021 02/13/21 | For Sale | $500,000 | +20.5% | $261 / Sq Ft |
| 01/28/2019 01/28/19 | Sold | $415,000 | 0.0% | -- |
| 11/12/2018 11/12/18 | Pending | -- | -- | -- |
| 11/07/2018 11/07/18 | Price Changed | $415,000 | -5.7% | -- |
| 09/17/2018 09/17/18 | For Sale | $439,900 | -- | -- |
Source: All Jersey MLS
Tax History Compared to Growth
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 | $9,772 | $620,500 | $306,100 | $314,400 |
| 2024 | $9,772 | $542,000 | $306,100 | $235,900 |
| 2023 | $9,456 | $492,000 | $256,100 | $235,900 |
| 2022 | $9,369 | $462,000 | $226,100 | $235,900 |
| 2021 | $9,093 | $412,000 | $176,100 | $235,900 |
| 2020 | $9,081 | $402,000 | $166,100 | $235,900 |
| 2019 | $8,965 | $392,000 | $156,100 | $235,900 |
| 2018 | $8,632 | $373,700 | $136,100 | $237,600 |
| 2017 | $8,434 | $363,700 | $126,100 | $237,600 |
| 2016 | $8,390 | $358,700 | $121,100 | $237,600 |
| 2015 | $8,216 | $353,700 | $116,100 | $237,600 |
| 2014 | $8,102 | $354,100 | $115,100 | $239,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Maratea
-
Joan Eisenberg
Seller's Agent in 2019
Joan Eisenberg
RE/MAX
(908) 874-3308
1 in this area
111 Total Sales
Map
Source: All Jersey MLS
MLS Number: 2112102
APN: 08-00020-05-00143
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