NOT LISTED FOR SALE

22 Cabot Way Franklin Park, NJ 08823

Estimated Value: $526,000 - $538,000

3 Beds
2.5 Baths
1,776 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $395,000 $222 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,731/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Tennis Courts
  • Forced Air Heating and Cooling System
  • Community Pool

About This Home

As of February 2023

Welcome Home! This meticulously maintained interior town home featuring over 1700 square feet of affordable living found within the much desired Wynnefield at Somerset Development. The moment you drive up to your designated parking spaces directly in front of the stately Brick home you will appreciate the convenience of living within this lovely community. Upon entering the front door, you will be pleased to find brand new solid hardwood flooring throughout the main level. The spacious living room and dining area will definitely appeal to enjoying the open floor plan excellent for hosting guests or family get togethers. Continue to the rear of this home and find additional living space. The Sunlit Family room which connects to an updated eat in Kitchen affords the Chef of the home the ability of continue to socialize with guests while preparing a delicious meal for all to enjoy. The back door leads out to a fenced custom paver patio excellent for spending quiet summer evening barbecuing or just relaxing after a long work week. The Upper level offers 3 additional bedrooms and 2 full baths not to mention the convenience of having your laundry area on the same level. The outdoor amenities include tennis court, swimming pool and club house, snow removal and trash collection. If Location is what your are looking for, then this home also offers the convenience of being close to shopping areas, restaurants, and major food stores all through sophisticated road systems, major highways, train and bus systems all for the ease of traveling to work or various destinations to visit friends and family. This is a rare opportunity and definitely worth taking the time to come and see for yourself.

Last Agent to Sell the Property

Lethea DeLuca

(267) 566-7530 leemarie.deluca@gmail.com Century 21 Veterans-Newtown License #RS309180 Listed on: 12/10/2022

Century 21 Veterans-Newtown

Last Buyer's Agent

FRANK GAYDOS

(732) 770-6022 frank.gaydosjr@gmail.com EXP Realty, LLC

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,939

Year Built

  • Built in 1992

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,776 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on upper level
  • Washer
  • Gas Dryer

Parking

  • On-Street Parking
  • 2 Assigned Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 100 Amp Service
  • Natural Gas Water Heater

Additional Features

  • Exterior Lighting
  • Vinyl Fence

Listing and Financial Details

  • Tax Lot 00011 02
  • Assessor Parcel Number 08-00020 10-00011 02-C2806

Community Details

Overview

  • Association fees include snow removal, lawn maintenance, trash
  • Wynnefield At Somerset HOA, Phone Number (732) 821-2535
  • Wynnefield Subdivision

Recreation

  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,939

Year Built

Built in 1992

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: All Appliances, Washer & Dryer, As-Is
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-12-10
  • Federal Flood Zone: No
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Gas, Exhaust Fan, Washer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1776
  • Living Area Sq Ft: 1776
  • Price Per Sq Ft: 239.25
  • Above Grade Finished Sq Ft: 1776
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 310.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Snow Removal, Lawn Maintenance, Trash
  • HOA Name: WYNNEFIELD AT SOMERSET
  • HOA Phone: 732-821-2535
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Vinyl
  • Improvement Assessed Value: 207200.00
  • Land Assessed Value: 135000.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: CR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3208651
  • Tax Annual Amount: 6939.00
  • Assessor Parcel Number: 08-00020 10-00011 02-C2806
  • Tax Lot: 00011 02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: BERNARDS TOWNSHIP SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Jan 30, 2023
Sold by
Shah Bakulesh N and Shah Lila B
Bought by
Deivarayan Karthik
Seller's Agent
Lethea DeLuca
Century 21 Veterans-Newtown
Buyer's Agent
FRANK GAYDOS
EXP Realty, LLC
List Price
$424,900
Sold Price
$395,000
Premium/Discount to List
-$29,900
-7.04%
Views
59
Current Estimated Value
$531,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,310
Avg. Annual Appreciation
10.96%
Original Mortgage
$316,000
Outstanding Balance
$305,722
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$225,588

Purchase Details

Closed on
Jun 1, 2000
Sold by
Gartside Shelly
Bought by
Shah Bakulesh and Shah Lila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.24%

Purchase Details

Closed on
Apr 9, 1999
Sold by
Hrykiewicz Darek
Bought by
Gartside Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
7.02%

Purchase Details

Closed on
Feb 23, 1993
Sold by
K Hovnanian @ Somerset Viii Inc
Bought by
Hrynkiewicz Darek I and Hrynkiewicz Cathleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deivarayan Karthik $395,000 Westcor Land Title
Shah Bakulesh $155,000 --
Gartside Shelly $139,000 --
Hrynkiewicz Darek I $133,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deivarayan Karthik $316,000
Previous Owner Shah Bakulesh $124,000
Previous Owner Gartside Shelly $125,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $395,000 -7.0% $222 / Sq Ft
12/10/2022 12/10/22 For Sale $424,900 -- $239 / Sq Ft
Source: Bright 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 $7,612 $491,500 $215,000 $276,500
2024 $7,612 $422,200 $215,000 $207,200
2023 $7,538 $392,200 $185,000 $207,200
2022 $6,940 $342,200 $135,000 $207,200
2021 $6,840 $317,200 $110,000 $207,200
2020 $6,940 $307,200 $100,000 $207,200
2019 $6,683 $292,200 $85,000 $207,200
2018 $6,410 $277,500 $75,000 $202,500
2017 $6,203 $267,500 $65,000 $202,500
2016 $6,140 $262,500 $60,000 $202,500
2015 $5,633 $242,500 $40,000 $202,500
2014 $5,663 $247,500 $45,000 $202,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSO2001908

Bright MLS

APN: 08-00020-10-00011-02-C2806