NOT LISTED FOR SALE

Estimated Value: $650,000 - $729,000

-- Bed
-- Bath
1,909 Sq Ft
$367/Sq Ft Est. Value

About This Home

This home is located at 3 Raleigh Way, Franklin Park, NJ 08823 and is currently estimated at $700,432, approximately $366 per square foot. 3 Raleigh 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2018
Sold by
Patel Vishalkumar and Patel Amisha
Bought by
Venkatakrishnan Anand and Acharya Namita Gaurang
Current Estimated Value
$700,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Bhuyan Sanjib and Bhuyan Susan
Bought by
Patel Vishalkumar and Patel Amisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.1%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 4, 2001
Sold by
Li Yi
Bought by
Bhuyan Sanjib and Bhuyan Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.04%

Purchase Details

Closed on
Jun 15, 1998
Sold by
Baez Domingo J
Bought by
Li Yi Ding and Li Jing Yi Mou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
7.09%

Purchase Details

Closed on
Jan 22, 1993
Sold by
Calleo Vincent and Calleo Susan
Bought by
Baez Domingo and Baez Jill

Purchase Details

Closed on
Feb 15, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Calleo Vincent J and Calleo Susan A

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.

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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.

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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.

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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.

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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
Venkatakrishnan Anand $438,000 None Available
Patel Vishalkumar $366,250 Old Republic National Title
Bhuyan Sanjib $281,500 --
Li Yi Ding $182,000 --
Baez Domingo $180,000 --
Calleo Vincent J $175,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venkatakrishnan Anand $335,000
Closed Venkatakrishnan Anand $345,000
Closed Venkatakrishnan Anand $350,400
Previous Owner Patel Vishalkumar $285,000
Previous Owner Patel Vishalkumar $324,000
Previous Owner Bhuyan Sanjib $215,000
Previous Owner Li Yi Ding $173,000
Source: Public Records

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 $9,889 $548,500 $306,500 $242,000
2023 $9,581 $498,500 $256,500 $242,000
2022 $9,501 $468,500 $226,500 $242,000
2021 $9,236 $418,500 $176,500 $242,000
2020 $9,228 $408,500 $166,500 $242,000
2019 $9,114 $398,500 $156,500 $242,000
2018 $8,743 $378,500 $136,500 $242,000
2017 $8,546 $368,500 $126,500 $242,000
2016 $8,502 $363,500 $121,500 $242,000
2015 $8,328 $358,500 $116,500 $242,000
2014 $8,212 $358,900 $115,500 $243,400
Source: Public Records

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