NOT LISTED FOR SALE

17 Magellan Way Franklin Park, NJ 08823

Estimated Value: $750,492 - $829,000

3 Beds
3 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold January 10, 2024

Last sale price $693,912

Est. 11% increase in value since last sale

Current estimated payment $4,968/month

25 Days on Market

About This Home

As of January 2024

This home is located at 17 Magellan Way, Franklin Park, NJ 08823 since 23 October 2023 and is currently estimated at $772,373. This property was built in 1990. 17 Magellan Way 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.

Last Agent to Sell the Property

FRONSCIER BLOCKER

WPI TEAM REALTY GROUP LLC Listed on: 10/23/2023

Last Buyer's Agent

Neetu Aneja

ON TRACK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,475

Year Built

  • Built in 1990

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,475

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Year Built: 1990
  • County Name: Somerset
  • Street Number Display: 17
  • I D: 5251065
  • Modified: 2025-01-11
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .14 ACRES
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Dec 29, 2023
Sold by
Holliday Cynthia
Bought by
Vijayan Ravi and Vijayan Ravi Rekha
Seller's Agent
FRONSCIER BLOCKER
WPI TEAM REALTY GROUP LLC
Buyer's Agent
Neetu Aneja
ON TRACK REALTY
List Price
$670,000
Sold Price
$693,912
Premium/Discount to List
$23,912
3.57%
Views
68
Current Estimated Value
$772,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,461
Avg. Annual Appreciation
6.43%
Original Mortgage
$624,520
Outstanding Balance
$613,755
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$158,618

Purchase Details

Closed on
Nov 24, 1999
Sold by
Patil Annadani
Bought by
Holliday Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.86%

Purchase Details

Closed on
May 19, 1993
Sold by
Patil Annandani B
Bought by
Patil Annandani B and Patil Suvarna R

Purchase Details

Closed on
Jul 29, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Patil Annadani B
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
Vijayan Ravi $693,912 Fidelity National Title
Vijayan Ravi $693,912 Fidelity National Title
Holliday Cynthia $249,900 --
Patil Annandani B -- --
Patil Annadani B $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vijayan Ravi $624,520
Closed Vijayan Ravi $624,520
Previous Owner Holliday Cynthia $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $693,912 +3.6% --
11/17/2023 11/17/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $670,000 -- --
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 $10,475 $672,700 $306,100 $366,600
2024 $10,475 $581,000 $306,100 $274,900
2023 $10,206 $531,000 $256,100 $274,900
2022 $10,160 $501,000 $226,100 $274,900
2021 $9,346 $451,000 $176,100 $274,900
2020 $9,962 $441,000 $166,100 $274,900
2019 $9,857 $431,000 $156,100 $274,900
2018 $9,494 $411,000 $136,100 $274,900
2017 $9,299 $401,000 $126,100 $274,900
2016 $9,262 $396,000 $121,100 $274,900
2015 $9,083 $391,000 $116,100 $274,900
2014 $9,031 $394,700 $115,100 $279,600
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2024

    FRONSCIER BLOCKER

    WPI TEAM REALTY GROUP LLC

  • N

    Buyer's Agent in 2024

    Neetu Aneja

    ON TRACK REALTY

    (848) 200-6152

    5 in this area

    59 Total Sales

    Neetu Aneja
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Map

Source: Garden State MLS

MLS Number: 3871154

Garden State MLS

APN: 08-00020-07-00017

New Jersey Somerset County Franklin Park 08823

17 Magellan Way, Franklin Park, NJ

This home is located at 17 Magellan Way, Franklin Park, NJ 08823 since 23 October 2023 and is currently estimated at $772,373. This property was built in 1990. 17 Magellan Way 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.

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