NOT LISTED FOR SALE

3 Balboa Ln Unit 3902 Franklin Park, NJ 08823

Estimated Value: $515,000 - $557,000

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

Highlights

  • Private Pool
  • Cathedral Ceiling
  • Tennis Courts
  • Clubhouse
  • Wood Flooring
  • Formal Dining Room

About This Home

As of April 2023

Lovely Town home facing East-Southeast Available. Spacious & recently painted, 3 bedroom, 2.5 bath townhome in Wynnefield At Somerset. Spacious great room &large combination kitchen & family room overlooking the enclosed patio. Master bedroom with Cathedral ceiling, walk-in closet and full master bath with shower and soaking tub. Second Floor Laundry room and central A/C. Near Rt's 27, 1, 130 & 287. Buses to NYC nearby and lots of shopping and restaurants. Minimum 700 Fico Score, No Pets. Non-smoking unit.

Last Agent to Rent the Property

Jerry Tanious

KELLER WILLIAMS PRINCETON R. E Listed on: 03/15/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,533

Year Built

  • Built in 1992

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Utility Room
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Parking

  • Lighted Parking
  • Open Parking
  • Assigned Parking
  • Unassigned Parking

Utilities

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

Additional Features

  • Private Pool
  • Lot Dimensions are 1.00 x 1.00

Listing and Financial Details

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

Community Details

Overview

  • Association fees include common area maintenance, maintenance fee
  • Wynnefield/Somerset Cond Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Bike Trail

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,533

Year Built

Built in 1992

Lot Details

0

Rental Info

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

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential Lease
  • Lot Size: 1.00 x 1.00
  • Subdivision Name: Wynnefield/Somerset Cond
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Development Home, Townhouse
  • Year Built: 1992
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub, Stall Shower, Two Sinks
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Two Sinks, Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Kitchen Island, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Stove/Oven, Microwave Oven, Washer/Dryer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl-Linoleum, Wood
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, Kitchen, Living Room, Dining Room, Family Room, Utility Room, 3 Bedrooms, Bath Main
  • Living Area: 1776
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Interior Lot
  • Pool Features: Outdoor Pool
  • Exterior Features: See Remarks

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open, Lighted, Unassigned, Assigned

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, Tennis Court(s), Jog/Bike Path
  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Area Maintenance

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2007
Sold by
Balsamo Joseph P and Dunleavy Thomas
Bought by
Donepudi Umamaheswara and Donepudi Suman
Current Estimated Value
$531,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,125
Outstanding Balance
$173,076
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$357,996

Purchase Details

Closed on
Jan 29, 2007
Sold by
Balsamo Joseph
Bought by
Dunleavy Thomas

Purchase Details

Closed on
Feb 26, 1993
Sold by
K Hovnanian At Somerset Viii Inc
Bought by
Balsamo Joseph P and Balsamo Barbara J
Source: Public Records

Range of Values:

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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
Donepudi Umamaheswara $287,500 First American Title Ins Co
Dunleavy Thomas -- --
Balsamo Joseph P $136,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donepudi Umamaheswara $273,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Rented $2,700 0.0% --
03/15/2023 03/15/23 For Rent $2,700 -- --
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
2025 $7,533 $485,600 $215,000 $270,600
2024 $7,533 $417,800 $215,000 $202,800
2023 $7,454 $387,800 $185,000 $202,800
2022 $6,851 $337,800 $135,000 $202,800
2021 $6,904 $312,800 $110,000 $202,800
2020 $6,840 $302,800 $100,000 $202,800
2019 $6,582 $287,800 $85,000 $202,800
2018 $6,318 $273,500 $75,000 $198,500
2017 $6,111 $263,500 $65,000 $198,500
2016 $6,046 $258,500 $60,000 $198,500
2015 $5,540 $238,500 $40,000 $198,500
2014 $5,571 $243,500 $45,000 $198,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2309746R

All Jersey MLS

APN: 08-00020-04-00011-01-C3902