$469,000
SOLD DEC 2, 2015

35 Magellan Way Franklin Park, NJ 08823

4 Beds
3 Baths
-- Sq Ft
7,405 Sq Ft Lot

Recently Sold

About This Home

As of March 2021

This home is located at 35 Magellan Way, Franklin Park, NJ 08823 and is currently priced at $469,000. 35 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 Agent to Sell the Property

Parijata Sharma

KELLER WILLIAMS ELITE REALTORS Brokerage Phone: 732-494-7700 Listed on: 12/02/2015

KELLER WILLIAMS ELITE REALTORS

Co-Listed By

Audrey Dalton

RE/MAX FIRST REALTY Brokerage Phone: 732-494-7700

Last Buyer's Agent

ZORAIDA MALDONADO

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,186

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,186

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 35
  • I D: 4522344
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 732-494-7700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .17 ACRES
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2020
Closed on
Mar 11, 2021
Sold by
Bhatia Upvan and Bhatia Palka
Bought by
Sheth Geet M and Desai Pooja
Seller's Agent
Minni Chalana
EXP REALTY, LLC
Buyer's Agent
DEVANAND BHATT
LEGACY REALTY GROUP
List Price
$499,000
Sold Price
$541,000
Premium/Discount to List
$42,000
8.42%
Current Estimated Value
$786,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,650
Avg. Annual Appreciation
8.99%
Original Mortgage
$427,390
Outstanding Balance
$388,044
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$398,606

Purchase Details

Closed on
Oct 1, 2015
Sold by
Kline Norman L
Bought by
Bhatia Upvan and Bhatia Palka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,300
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Beasley James
Bought by
Kline Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.46%

Purchase Details

Closed on
Aug 19, 1997
Sold by
Hartman Maria
Bought by
Beasley James and Beasley Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.42%

Purchase Details

Closed on
Feb 1, 1992
Sold by
Nogueras Juan J and Nogueras Agustina S
Bought by
Hartman Terrence L and Hartman Maria L

Purchase Details

Closed on
Oct 5, 1990
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Nogueras Juan and Nogueras Augustina
Source: Public Records

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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 Type Sale Price Title Company
Deed $541,000 Amtrust Title Insurance Co
Deed $469,000 Agent For First Amer Title I
Deed $394,000 --
Deed $225,000 --
Quit Claim Deed -- --
Deed $201,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,390 New Conventional
Previous Owner $328,300 New Conventional
Previous Owner $215,000 New Conventional
Previous Owner $120,000 Credit Line Revolving
Previous Owner $250,000 No Value Available
Previous Owner $214,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $541,000 +8.4% $235 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $499,000 +6.4% $217 / Sq Ft
12/02/2015 12/02/15 Sold $469,000 -- --
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 $11,186 $620,400 $307,400 $313,000
2023 $10,963 $570,400 $257,400 $313,000
2022 $10,959 $540,400 $227,400 $313,000
2021 $10,852 $490,400 $177,400 $313,000
2020 $10,852 $480,400 $167,400 $313,000
2019 $10,758 $470,400 $157,400 $313,000
2018 $10,524 $455,600 $137,400 $318,200
2017 $10,333 $445,600 $127,400 $318,200
2016 $10,306 $440,600 $122,400 $318,200
2015 $10,119 $435,600 $117,400 $318,200
2014 $9,532 $416,600 $116,400 $300,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3210216

Garden State MLS

APN: 08-00020-05-00051