NOT LISTED FOR SALE

20 Magellan Way Franklin Park, NJ 08823

Franklin Park Neighborhood

Estimated Value: $735,000 - $778,000

4 Beds
3 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold April 01, 2013

Last sale price $395,000

Est. 91% increase in value since last sale

Current estimated payment $5,090/month

About This Home

As of April 2013

This home is located at 20 Magellan Way, Franklin Park, NJ 08823 since 01 April 2013 and is currently estimated at $754,665. This property was built in 1990. 20 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 Listed By

Melisa Takacs

MILLENNIUM INTERSTATE REALTY Brokerage Phone: 732-203-1500 Listed on: 04/01/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,867

Year Built

  • Built in 1990

Lot Details

  • 6,534 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,867

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Year Built: 1990
  • County Name: Somerset
  • Street Number Display: 20
  • I D: 4288559
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 732-203-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .15 ACRES
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2013
Closed on
Apr 1, 2013
Sold by
Sharma Manoj and Sharma Seema
Bought by
Morales Felipe J and Morales Zenaida Q
Seller's Agent
Melisa Takacs
MILLENNIUM INTERSTATE REALTY
Buyer's Agent
Carla Martino
RE/MAX DIAMOND REALTORS
Sold Price
$395,000
Total Days on Market
0
Current Estimated Value
$754,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,665
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Dec 14, 2007
Sold by
Vidal Elizabeth A and Vidal Robert C
Bought by
Sharma Manoj and Sharma Seema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1998
Sold by
Damenti Barbara
Bought by
Vidal Robert and Vidal Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,318
Interest Rate
6.89%

Purchase Details

Closed on
Sep 20, 1997
Sold by
Martinos Lisa
Bought by
Picarelli Richard and Picarelli Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.47%

Purchase Details

Closed on
Aug 9, 1993
Sold by
Lin Yi-Hua and Lin Yen,Jessica C
Bought by
Damenti Nicholas

Purchase Details

Closed on
Jul 19, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Lin Yi-Hua and Lin Yen,Jessica C

Range of Values:

Collateral Analytics

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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
Morales Felipe J $395,000 Chicago Title Insurance Co
Sharma Manoj $420,000 Multiple
Vidal Robert $219,000 --
Picarelli Richard $189,500 --
Damenti Nicholas $211,000 --
Lin Yi-Hua $196,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharma Manoj $335,000
Previous Owner Sharma Manoj $336,000
Previous Owner Vidal Robert C $185,000
Previous Owner Vidal Robert $180,318
Previous Owner Picarelli Richard $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2013 04/01/13 Sold $395,000 -- --
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
2024 $10,867 $602,700 $321,500 $281,200
2023 $10,575 $550,200 $269,000 $281,200
2022 $10,519 $518,700 $237,500 $281,200
2021 $10,294 $466,200 $185,000 $281,200
2020 $10,294 $455,700 $174,500 $281,200
2019 $10,182 $445,200 $164,000 $281,200
2018 $9,771 $423,000 $143,000 $280,000
2017 $9,566 $412,500 $132,500 $280,000
2016 $9,527 $407,300 $127,300 $280,000
2015 $9,338 $402,000 $122,000 $280,000
2014 $9,191 $401,700 $121,000 $280,700
Source: Public Records

Agents Affiliated with this Home

  • Melisa Takacs

    Seller's Agent in 2013

    Melisa Takacs

    MILLENNIUM INTERSTATE REALTY

    (732) 203-1500

    1 in this area

    73 Total Sales

    Melisa Takacs
    Section Image
  • Carla Martino

    Buyer's Agent in 2013

    Carla Martino

    RE/MAX

    4 in this area

    21 Total Sales

    Carla Martino
    Section Image
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Map

Source: Garden State MLS

MLS Number: 2992480

Garden State MLS

APN: 08-00020-05-00141

New Jersey Somerset County Franklin Park 08823 Franklin Park

20 Magellan Way, Franklin Park, NJ

Homes for Sale in Franklin Park, NJ

This home is located at 20 Magellan Way, Franklin Park, NJ 08823 since 01 April 2013 and is currently estimated at $754,665. This property was built in 1990. 20 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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