NOT LISTED FOR SALE

181 Rachel Ct Unit 4309 Franklin Park, NJ 08823

Estimated Value: $351,000 - $357,169

2 Beds
2 Baths
1,052 Sq Ft
348 Sq Ft Lot

Highlights

  • Unit is on the top floor
  • Clubhouse
  • Wooded Lot
  • Private Pool
  • Deck
  • Cathedral Ceiling

About This Home

As of January 2021

End Unit!, Penthouse Top/3rd floor Condo W/Granite Counters, Upgraded Appliances, Deck, Fireplace, Cathedral Ceiling, Skylites, Available Immediately, 2 Bedroom And 2 Full Baths, Landlord Request NTN Credit Report

Last Agent to Rent the Property

Mark S. Heflin

RE/MAX PREFERRED PROFESSIONALS Listed on: 11/12/2020

RE/MAX PREFERRED PROFESSIONALS

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,184

Year Built

  • Built in 1988

Lot Details

  • End Unit
  • Wooded Lot
  • Private Yard

Interior Spaces

  • 1,052 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Deck
  • Shed

Location

  • Unit is on the top floor

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, electricity, sewer, gas, hot water, water
  • 12 Month Lease Term

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash, ground maintenance, maintenance fee
  • Society Hill/Somerset 03 Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,184

Year Built

Built in 1988

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities, Electricity, Sewer, Gas, Hot Water, Water

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Subdivision Name: Society Hill/Somerset 03
  • Architectural Style: End Unit
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More, Top Floor
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1988
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Cathedral Ceiling(s), Skylight, Other Room(s), None, Bath Main, 2 Bedrooms, Bath Second, Laundry Room, Living Room
  • Living Area: 1052
  • Stories: 1
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Outdoor Pool
  • Exterior Features: Deck, Storage Shed, Yard
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Paved, Assigned, See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Snow Removal, Trash, Maintenance Grounds, Maintenance Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2020
Sold by
Muller Joan and Estate Of Jonathan Muller
Bought by
Ijaz Sami
Current Estimated Value
$354,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$145,466
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$206,499

Purchase Details

Closed on
Dec 21, 2005
Sold by
Wenzel Michael
Bought by
Muller Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.39%

Purchase Details

Closed on
Jul 27, 1994
Sold by
Thompson William
Bought by
Wenzel Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
8.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 1989
Sold by
K Hovnanian At Somerset Iii Inc
Bought by
Azzaretti Cara
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
Ijaz Sami $216,000 Fidelity National Ttl Ins Co
Ljaz Sami $216,000 Fidelity National Title
Muller Jonathan $230,000 --
Wenzel Michael $84,500 --
Azzaretti Cara $109,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ijaz Sami $162,000
Closed Ljaz Sami $162,000
Previous Owner Muller Jonathan $169,200
Previous Owner Muller Jonathan $184,000
Previous Owner Wenzel Michael $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Rented -- -- --
12/05/2020 12/05/20 Under Contract -- -- --
11/12/2020 11/12/20 For Rent $1,750 -- --
Source: All Jersey 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
2024 $5,184 $287,500 $140,000 $147,500
2023 $4,949 $257,500 $110,000 $147,500
2022 $4,614 $227,500 $80,000 $147,500
2021 $4,469 $202,500 $55,000 $147,500
2020 $4,349 $192,500 $45,000 $147,500
2019 $4,288 $187,500 $40,000 $147,500
2018 $4,006 $173,400 $30,000 $143,400
2017 $3,905 $168,400 $25,000 $143,400
2016 $3,939 $168,400 $25,000 $143,400
2015 $3,912 $168,400 $25,000 $143,400
2014 $3,853 $168,400 $25,000 $143,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2108572

All Jersey MLS

APN: 08-00034-08-00054-01-C4309