$386,000
SOLD MAR 16, 2017

3 Magellan Way Franklin Park, NJ 08823

3 Beds
2.5 Baths
-- Sq Ft
5,663 Sq Ft Lot

Recently Sold

8% Below List Price

142 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Thermal Windows
  • Recreation Room
  • Formal Dining Room
  • 1 Car Attached Garage

About This Home

As of June 2021

Gorgeous Colonial W/Many Updates! Kitchen W/Stone Counters-Laminate Floors-Crown Molding-Wood Burning Fireplace-Newer High Efficiency HVAC-Timberline Roof-Close to Shopping & Public Transportation.

Last Agent to Sell the Property

Jonathan Kessler

KUKER & KESSLER REAL ESTATE Listed on: 08/23/2016

Last Buyer's Agent

Janice Gueren

RE/MAX DIAMOND REALTORS

RE/MAX DIAMOND REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,333

Year Built

  • Built in 1990

Lot Details

  • 5,663 Sq Ft Lot
  • Privacy Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2708-00020-0005-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,333

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1990
  • County Name: Somerset
  • Street Number Display: 3
  • Directions: South Middlebush Rd. To Magellan.
  • I D: 4652030
  • Modified: 2018-03-17
  • Number Images: 11
  • Section Subdiv Development: Nob Hill
  • First Name: JONATHAN
  • First Name3: JANICE E.
  • Last Name: KESSLER
  • Last Name3: GUEREN
  • Office Phone: 732-297-8282
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Laminate
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher
  • Interior Amenities: StallShw, Walk-In Closet, StallTub, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Dim: 10x10
  • Kitchen Level: First
  • Living Room Dim: 16x14
  • Living Room Level: First
  • Level 1 Rooms: Kitchen, Laundry Room, Foyer, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 732-297-8282

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Thermal Windows/Doors, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: .13 ACRES
  • Assessed Improvement Value: 200000
  • Assessed Land Value: 120700
  • Assessment: 320700
  • Easement: Unknown
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7333
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00020-0005-00002-0000-
  • Tax Rate Amount: 2.265
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 27, 2021
Sold by
Patel Vaibhav and Patel Himani Chetankumar
Bought by
Kumar Vinay and Sharma Ritu Rani
Seller's Agent
Harpreet Boparai
RE/MAX FIRST REALTY, INC.
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$678,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,641
Avg. Annual Appreciation
8.62%
Original Mortgage
$356,250
Outstanding Balance
$326,031
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$344,027

Purchase Details

Listed on
Aug 23, 2016
Closed on
Mar 6, 2017
Sold by
Serinese Lisa
Bought by
Patel Vaibhav and Patel Pravinbhai
Seller's Agent
Jonathan Kessler
KUKER & KESSLER REAL ESTATE
Buyer's Agent
Janice Gueren
RE/MAX DIAMOND REALTORS
List Price
$419,900
Sold Price
$386,000
Premium/Discount to List
-$33,900
-8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$308,800
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2011
Sold by
Firrello Mitchell and Firrello Karen A
Bought by
Serinese Lisa

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
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Firrello Mitchell and Firrello Karen
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $475,000 Shepherd Title Agency
Deed $386,000 Golden Title Agency
Bargain Sale Deed $335,000 Scott Title Services Llc
Deed $186,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 New Conventional
Previous Owner $294,893 New Conventional
Previous Owner $308,800 New Conventional
Previous Owner $160,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $475,000 0.0% $281 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $475,000 +23.1% $281 / Sq Ft
03/16/2017 03/16/17 Sold $386,000 -8.1% --
01/12/2017 01/12/17 Pending -- -- --
08/23/2016 08/23/16 For Sale $419,900 -- --
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 $9,276 $514,500 $305,700 $208,800
2023 $8,928 $464,500 $255,700 $208,800
2022 $8,812 $434,500 $225,700 $208,800
2021 $8,460 $384,500 $175,700 $208,800
2020 $8,460 $374,500 $165,700 $208,800
2019 $8,336 $364,500 $155,700 $208,800
2018 $7,958 $344,500 $135,700 $208,800
2017 $7,553 $325,700 $125,700 $200,000
2016 $7,501 $320,700 $120,700 $200,000
2015 $7,334 $315,700 $115,700 $200,000
2014 $7,200 $314,700 $114,700 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3331103

Garden State MLS

APN: 08-00020-05-00002