$505,000
SOLD DEC 20, 2024

38 Cabot Way Unit 27F Franklin Park, NJ 08823

3 Beds
2.5 Baths
1,776 Sq Ft
1992 Built

Recently Sold

$284 Per Sq Ft

3% Above List Price

8 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Granite Countertops
  • Clubhouse
  • Whirlpool Bathtub
  • Tennis Courts

About This Home

As of December 2024

Welcome to this charming North facing 3 bedrooom, 2.5 bathroom townhome in the desirable Wynnefield community! This home has been well taken care of and has had many updates such as remodeled bathrooms and new hardwood flooring throughout the home. Hot water heater and HVAC system were installed in 2020! The primary bedroom features high ceilings, a jacuzzi tub and standing shower, as well as a spacious walk in closet. Laundry room is also located on the 2nd floor. The backyard space is ample and private, as there is no construction on the backside of this home. HOA takes care of roof and exterior maintenance, snow removal, trash removal, and common area maintenance. The community also features a clubhouse, tennis courts, a playground, and a swimming pool. FOR VA BUYERS, THERE IS POTENTIAL TO ASSUME THE OWNER'S CURRENT LOAN WITH A LOW INTEREST RATE! PLEASE CONTACT FOR MORE INFORMATION.

Last Agent to Sell the Property

SRUTHI GANGISETTY

REALTY ONE GROUP CENTRAL Listed on: 11/11/2024

REALTY ONE GROUP CENTRAL

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,354

Year Built

  • Built in 1992

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Formal Dining Room
  • Storage

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Whirlpool Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Additional Parking
  • Open Parking
  • Assigned Parking

Pool

  • Private Pool
  • Spa

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Gas Water Heater

Additional Features

  • Shed
  • Fenced

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include amenities-some, common area maintenance, maintenance structure, snow removal, trash, ground maintenance
  • Wynnefield Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Maintenance Expense $328

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,354

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: See Remarks
  • Subdivision Name: Wynnefield
  • Architectural Style: Townhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1992
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Jacuzzi-Type, Tub Shower, Stall Shower
  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Granite/Corian Countertops, Kitchen Island
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range/Oven, Exhaust Fan, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl-Linoleum, Wood
  • Interior Amenities: Kitchen, Bath Half, Storage, Dining Room, Family Room, 1 Bedroom, 2 Bedrooms, 3 Bedrooms, Laundry Room, Bath Full, Bath Main, None
  • Living Area: 1776
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: See Remarks, Level
  • Pool Features: Outdoor Pool
  • Direction Faces: North
  • Exterior Features: Sidewalk, Fencing/Wall, Storage Shed
  • Other Structures: Shed(s)
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Additional Parking, Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Playground, See Remarks, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Amenities-Some, Common Area Maintenance, Maintenance Structure, Snow Removal, Trash, Maintenance Grounds

Multi Family

  • Maintenance Expense: 328

Tax Info

  • Tax Annual Amount: 7354
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Dec 19, 2024
Sold by
Casinader Locksley and Casinader Pamela
Bought by
Suthar Anand A and Shah Bhavi D
Seller's Agent
SRUTHI GANGISETTY
REALTY ONE GROUP CENTRAL
List Price
$489,000
Sold Price
$505,000
Premium/Discount to List
$16,000
3.27%
Views
40
Current Estimated Value
$512,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,123
Avg. Annual Appreciation
0.98%
Original Mortgage
$378,750
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2007
Sold by
Hancharick Suzanne
Bought by
Casinader Locksley and Casinader Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,772
Interest Rate
6.51%
Mortgage Type
VA

Purchase Details

Closed on
Mar 8, 1994
Sold by
Pulop Karl
Bought by
Hancharick Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.93%

Purchase Details

Closed on
Feb 26, 1993
Sold by
K Hovnanian @ Somerset Viii Inc
Bought by
Fulop Karl
Source: Public Records

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Range of Values:

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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 $505,000 Providence Abstract
Deed $315,000 Multiple
Deed $134,500 --
Deed $134,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $378,750 New Conventional
Previous Owner $321,772 VA
Previous Owner $105,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $505,000 +3.3% $284 / Sq Ft
11/11/2024 11/11/24 For Sale $489,000 -- $275 / 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
2024 $7,439 $412,600 $215,000 $197,600
2023 $7,354 $382,600 $185,000 $197,600
2022 $6,745 $332,600 $135,000 $197,600
2021 $6,789 $307,600 $110,000 $197,600
2020 $6,723 $297,600 $100,000 $197,600
2019 $6,463 $282,600 $85,000 $197,600
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

  • S

    Seller's Agent in 2024

    SRUTHI GANGISETTY

    REALTY ONE GROUP CENTRAL

    1 in this area

    1 Total Sale

    SRUTHI GANGISETTY
    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2506175R

All Jersey MLS

APN: 08-00020-10-00011-02-C2706

New Jersey Somerset County Franklin Park 08823

38 Cabot Way Unit 27F, Franklin Park, NJ

This home is located at 38 Cabot Way Unit 27F, Franklin Park, NJ 08823 and is currently priced at $505,000, approximately $284 per square foot. This property was built in 1992. 38 Cabot Way Unit 27F 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.

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