NOT LISTED FOR SALE

4 Lyon Ln Unit 19E Franklin Park, NJ 08823

Estimated Value: $386,163 - $447,000

2 Beds
2.5 Baths
1,260 Sq Ft
$324/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $245,000 $194 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,860/month

55 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Eat-In Kitchen
  • Clubhouse
  • Community Pool
  • Living Room

About This Home

As of June 2019

Showing starts March 29 2019.Great opportunity to own a newly renovated house with brick exterior. Featuring eat in kitchen with all new stainless steel appliances including cooking range, microwave,dishwasher and refrigerator.Just installed brand new HVAC and water heater. New light fixtures in the kitchen and dining area. Brightly lit living room with recessed lights. Newly installed laminated flooring through out the house. Fully remodeled powder room. Second floor bathrooms are also renovated with new vanity and tiles. New blinds throughout house. New carpet on the stairs. Freshly painted.Large patio glass door backing-out to the open areas.Make this Move-in Ready home yours. Association includes clubhouse,swimming pool,tot-lot and tennis courts.Centrally located from shopping and transportation centers.One of the owner is a licensed real estate agent.

Last Agent to Sell the Property

POONAM REKHARI

poonu_pr@yahoo.com Keller Williams Real Estate - Princeton Listed on: 03/28/2019

Keller Williams Real Estate - Princeton

Last Buyer's Agent

Vincent Baricaua

(732) 921-0389 TheBaricauaGroup@gmail.com RE/MAX Our Town License #0787078

RE/MAX Our Town

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,589

Year Built

  • Built in 1986

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • Property has 2 Levels
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Attic

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer
  • Gas Dryer

Home Security

Parking

  • On-Street Parking
  • 1 Assigned Parking Space

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 08-00034 02-00016 03-C0195

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, snow removal, trash
  • Society Hill At Somerset II Condo Asso HOA
  • Property Manager

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,589

Year Built

Built in 1986

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Washer and Dryer included in as is condition
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer - Gas, Microwave, Oven/Range - Gas, Refrigerator, Water Heater, Washer
  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Interior Amenities: Attic, Carpet, Dining Area, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Stall Shower
  • Door Features: Storm
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1260
  • Living Area Sq Ft: 1260
  • Price Per Sq Ft: 198.33
  • Above Grade Finished Sq Ft: 1260
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Tennis Court(s)
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA Name: SOCIETY HILL AT SOMERSET II CONDO ASSO
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 3209335
  • Tax Annual Amount: 4589.00
  • Assessor Parcel Number: 08-00034 02-00016 03-C0195
  • Tax Year: 2018

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jun 28, 2019
Sold by
Rekhari Poonam and Challa Kumari V
Bought by
Baig Rashid A
Seller's Agent
POONAM REKHARI
Keller Williams Real Estate - Princeton
Buyer's Agent
Vincent Baricaua
RE/MAX Our Town
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%
Current Estimated Value
$407,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,791
Avg. Annual Appreciation
8.22%
Original Mortgage
$196,000
Outstanding Balance
$171,643
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$236,148

Purchase Details

Listed on
Sep 5, 2018
Closed on
Dec 20, 2018
Sold by
Mtglq Investors Lp
Bought by
Rekhari Poonam and Challa Kumari V
Seller's Agent
Carl SanFilippo
RE/MAX FIRST REALTY
Buyer's Agent
POONAM REKHARI
KELLER WILLIAMS REAL ESTATE
List Price
$209,000
Sold Price
$180,000
Premium/Discount to List
-$29,000
-13.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.26%

Purchase Details

Closed on
Aug 9, 2018
Sold by
Jackson Latrice and State Of New Jersey
Bought by
Mtglq Investors L P

Purchase Details

Closed on
Jun 26, 2007
Sold by
Petersen Tracey K
Bought by
Jackson Latrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,500
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2001
Sold by
Blevins Melissa
Bought by
Petersen Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,250
Interest Rate
6.67%

Purchase Details

Closed on
Oct 23, 1997
Sold by
Demetrician Robert
Bought by
Blevins Daynon and Blevins Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.31%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 1992
Sold by
Lockwood Ronald and Lockwood Jane
Bought by
Demetrician Robert and Demetrician Franne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Baig Rashid A $245,000 Providence Abstarct Llc
Rekhari Poonam $180,000 Old Republic Title Ins Co
Mtglq Investors L P $1,000 None Available
Jackson Latrice $254,500 None Available
Petersen Tracey $147,500 --
Blevins Daynon $103,000 --
Demetrician Robert $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baig Rashid A $196,000
Previous Owner Jackson Latrice $254,500
Previous Owner Petersen Tracey $137,250
Previous Owner Blevins Daynon $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2019 06/28/19 Sold $245,000 -2.0% $194 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $249,900 -2.0% $198 / Sq Ft
04/25/2019 04/25/19 Price Changed $255,000 -1.9% $202 / Sq Ft
03/28/2019 03/28/19 For Sale $260,000 +44.4% $206 / Sq Ft
12/28/2018 12/28/18 Sold $180,000 -13.9% -- View Prior Sale
12/17/2018 12/17/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $209,000 -- --
Source: Bright 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 $5,649 $384,000 $160,000 $224,000
2024 $5,649 $313,300 $160,000 $153,300
2023 $5,445 $283,300 $130,000 $153,300
2022 $5,036 $248,300 $95,000 $153,300
2021 $5,149 $233,300 $80,000 $153,300
2020 $5,044 $223,300 $70,000 $153,300
2019 $4,656 $203,600 $60,000 $143,600
2018 $4,703 $203,600 $60,000 $143,600
2017 $4,490 $193,600 $50,000 $143,600
2016 $4,411 $188,600 $45,000 $143,600
2015 $4,381 $188,600 $45,000 $143,600
2014 $4,315 $188,600 $45,000 $143,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSO111192

Bright MLS

APN: 08-00034-02-00016-03-C0195