NOT LISTED FOR SALE

36 Cabot Way Unit 2707 Franklin Park, NJ 08823

Estimated Value: $526,000 - $547,000

3 Beds
2.5 Baths
1,776 Sq Ft
$302/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $465,000 $262 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,459/month

61 Days on Market

Highlights

  • Indoor Pool
  • Clubhouse
  • Attic
  • Sauna
  • Wood Flooring
  • Granite Countertops

About This Home

As of July 2022

Meticulously maintained NORTH EAST facing 3 Bed 2.5 bath ready to move in Townhome in highly Desirable Wynnefield at Somerset !!!This spacious home welcomes you with modern open concept floor plan , elegant foyer that transitions into warm and inviting LR&DR offering hardwood floors and recessed lights throughout.Refreshed kitchen has been tastefully designed with all repainted cabinets, granite countertops, classic backsplash and top of the line 2021 Samsung Refrigerator with modern Touch screen display and Micro. Kitchen also offers Breakfast nook overlooking nice backyard &Patio. 2nd floor offers Sun filled master bedroom with vaulted ceilings , spacious WIC ,En-suite Bathroom w/soaking tub, new frameless stall shower &new Merryfiled double vanity. 2 additional bedroom and updated Main bath. attic area can be used for additional storage. 2019 HVAC , Water Heater 2019.The Community offers Club house, In Ground pool ,Tennis court and Playground. Conviniently located near Major shopping , entertaining area. close to major highways , bus stop and train station . This HOUSE HAS IT ALL!! Don't let this pass by!!

Last Agent to Sell the Property

Prachi Dharmadhikari

REDFIN CORPORATION Listed on: 05/17/2022

REDFIN CORPORATION

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,928

Year Built

  • Built in 1992

Lot Details

  • 1,089

Parking

  • Assigned Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Sauna
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Indoor Pool
  • Patio

Utilities

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

Additional Features

  • Northeast Facing Home
  • Borders State Land

Community Details

Overview

  • Association fees include common area maintenance, maintenance structure, trash, ground maintenance
  • Wynnefield/Somerset Bldg Subdivision

Recreation

  • Tennis Courts

Additional Features

  • Clubhouse
  • Maintenance Expense $310

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,928

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Wynnefield/Somerset Bldg
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Year Built: 1992
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Bedroom/Bathroom Features: Sauna, Stall Shower, Two Sinks
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Two Sinks, Full Bath, Walk-In Closet(s)
  • Room Bedroom3 Area: 100
  • Room Kitchen Features: Granite/Corian Countertops, Breakfast Bar, Eat-in Kitchen
  • Room Bedroom2 Area: 121
  • Room Living Room Area: 408
  • Room Kitchen Area: 140
  • Master Bedroom Master Bedroom Width: 13
  • Room Master Bedroom Area: 221
  • Room Dining Room Area: 143
  • Appliances: Dishwasher, Dryer, Electric Range/Oven, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Entrance Foyer, Kitchen, Living Room, Bath Other, Dining Room, Family Room, 3 Bedrooms, Attic, Bath Main
  • Living Area: 1776

Exterior Features

  • Lot Features: Backs to Park Land
  • Pool Features: Indoor
  • Direction Faces: Northeast
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 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)
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure, Trash, Maintenance Grounds

Lot Info

  • Zoning: CR

Multi Family

  • Maintenance Expense: 310

Tax Info

  • Tax Annual Amount: 6928
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 14, 2022
Sold by
Rajput and Pravallika
Bought by
Tyagi Shrutika and Agarwal Rajul
Seller's Agent
Prachi Dharmadhikari
REDFIN CORPORATION
List Price
$409,000
Sold Price
$465,000
Premium/Discount to List
$56,000
13.69%
Current Estimated Value
$535,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,787
Avg. Annual Appreciation
4.56%
Original Mortgage
$342,400
Outstanding Balance
$326,609
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$209,178

Purchase Details

Closed on
Mar 4, 2020
Sold by
Nachadalingam Karthik and Sabesan Aarthy
Bought by
Rajput Sachin and Rajput Pravallika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2014
Sold by
Selvamuthiah Swedha and Nachadalingam Karthik
Bought by
Nachadalingam Karthik

Purchase Details

Closed on
Jun 29, 2009
Sold by
Sridhar Subramanian and Ramanathan Aparna
Bought by
Nachadalingham Karthik and Selvamuthiah Swedha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 15, 2001
Sold by
Twer Andrew
Bought by
Subramanian Sridhar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
6.89%

Purchase Details

Closed on
Aug 26, 1998
Sold by
Bundy Clark
Bought by
Twer Andrew and Twer Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 1996
Sold by
Mielko William
Bought by
Bundy Clark and Johns Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
8.11%

Purchase Details

Closed on
Feb 26, 1993
Sold by
Hovnaniank Somerset Vi Inc
Bought by
Mielko William J and Mielko Michele M
Source: Public Records

Range of Values:

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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
Tyagi Shrutika $465,000 Shah Manav K
Tyagi Shrutika $465,000 Shah Manav K
Rajput Sachin $325,000 All Jersey Title Llc
Nachadalingam Karthik -- None Available
Nachadalingham Karthik $287,000 Multiple
Subramanian Sridhar $176,900 --
Twer Andrew $140,000 --
Bundy Clark $133,000 --
Mielko William J $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyagi Shrutika $342,400
Closed Tyagi Shrutika $342,400
Previous Owner Rajput Sachin $308,750
Previous Owner Nachadalingam Karthik A $203,500
Previous Owner Nachadalingam Karthik $25,000
Previous Owner Nachadalingham Karthik $229,600
Previous Owner Subramanian Sridhar $141,500
Previous Owner Twer Andrew $134,000
Previous Owner Bundy Clark $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $465,000 +13.7% $262 / Sq Ft
06/14/2022 06/14/22 Off Market $409,000 -- --
05/17/2022 05/17/22 For Sale $409,000 -- $230 / Sq Ft
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 $7,553 $487,100 $215,000 $272,100
2024 $7,553 $418,900 $215,000 $203,900
2023 $7,475 $388,900 $185,000 $203,900
2022 $6,873 $338,900 $135,000 $203,900
2021 $6,928 $313,900 $110,000 $203,900
2020 $6,865 $303,900 $100,000 $203,900
2019 $6,607 $288,900 $85,000 $203,900
2018 $6,262 $271,100 $75,000 $196,100
2017 $6,055 $261,100 $65,000 $196,100
2016 $5,990 $256,100 $60,000 $196,100
2015 $5,485 $236,100 $40,000 $196,100
2014 $5,516 $241,100 $45,000 $196,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2214053R

All Jersey MLS

APN: 08-00020-10-00011-02-C2707