Seller's Agent in 2019
Abdulbaset Abdulla
Weichert Corporate
(609) 851-1670
2 in this area
128 Total Sales
42 Magellan Way Franklin Park, NJ 08823
Estimated Value: $790,000 - $879,000
4
Beds
2.5
Baths
2,212
Sq Ft
$373/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Community Pool
- Oversized Parking
- Wood Flooring
- 2 Car Attached Garage
- Living Room
About This Home
As of October 2019A rare opportunity to own a gorgeous, well-maintained home in one of Central Jersey's most desirable communities. Backing to private open space, this lovely move-in ready colonial has a dramatic and open 2-story family room with tall windows overlooking the private backyard. Fully upgraded eat-in-kitchen with granite countertops and stainless-steel appliances. Both the kitchen and the family room get flooded with morning sunlight. Master suite with vaulted ceiling, walk-in closet and a master bath with a standing shower and soaking tub. The house comes with a new 2018 HVAC system, and has wood flooring throughout. The fenced-in backyard with a concrete patio works great for barbecuing and social gatherings. Fully finished spacious and dry basement with a private office space; a finished 2-car oversized garage with storage space. The community provides a swimming pool, a tennis court and a clubhouse (optional charge). Short walk to strip mall, fitness facility, NYC bus, Sonic Drive-in, and area hiking trails; while conveniently located close to Rutgers & Princeton University, and historic downtown Princeton. Will not last long! Call today to view! Note: room sizes are approximate.
Last Agent to Sell the Property
(609) 851-1670 AbdulHelps@gmail.com Weichert Realtors - Princeton Listed on: 08/03/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,065
Year Built
- Built in 1990
Lot Details
- 6,970 Sq Ft Lot
- Property is zoned CR
HOA Fees
- $18 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Oversized Parking
- Driveway
Home Design
- Colonial Architecture
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,212 Sq Ft Home
- Property has 2 Levels
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
- Finished Basement
Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
- Tile or Brick
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Laundry on main level
- Washer
- Gas Dryer
Schools
- Franklin High School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 00108
- Assessor Parcel Number 08-00020 05-00108
Community Details
Overview
- Nob Hill Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2019
Closed on
Nov 1, 2019
Sold by
Shah Ghulam Nabi and Shah Mahnoor Fatima
Bought by
Patel Darpan P and Patel Rutuma
Seller's Agent
Abdulbaset Abdulla
Weichert Realtors - Princeton
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$499,000
Sold Price
$477,500
Premium/Discount to List
-$21,500
-4.31%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,562
Avg. Annual Appreciation
9.60%
Original Mortgage
$405,875
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2008
Sold by
University Islamic Financial Corp
Bought by
Shah Ghulam Nabi and Shah Mahnoor Fatima
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,678
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 14, 2008
Sold by
Ranadive Hemant and Ranadive Sujata
Bought by
University Islamic Financial Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,678
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Ranadive Hemant and Ranadive Sujata
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Darpan P | $477,500 | Golden Title Agency Llc | |
| Shah Ghulam Nabi | -- | None Available | |
| University Islamic Financial Corp | $453,000 | None Available | |
| Ranadive Hemant | $205,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Darpan P | $405,875 | |
| Previous Owner | Shah Ghulam Nabi | $407,678 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2019 10/10/19 | Sold | $477,500 | +0.5% | $216 / Sq Ft |
| 09/06/2019 09/06/19 | Pending | -- | -- | -- |
| 08/24/2019 08/24/19 | Price Changed | $474,900 | -3.0% | $215 / Sq Ft |
| 08/06/2019 08/06/19 | Price Changed | $489,500 | -1.9% | $221 / Sq Ft |
| 08/03/2019 08/03/19 | For Sale | $499,000 | +4.5% | $226 / Sq Ft |
| 08/03/2019 08/03/19 | Off Market | $477,500 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $10,795 | $700,800 | $292,000 | $408,800 |
| 2024 | $10,795 | $598,700 | $292,000 | $306,700 |
| 2023 | $10,594 | $551,200 | $244,500 | $306,700 |
| 2022 | $10,600 | $522,700 | $216,000 | $306,700 |
| 2021 | $10,488 | $475,200 | $168,500 | $306,700 |
| 2020 | $10,520 | $465,700 | $159,000 | $306,700 |
| 2019 | $10,433 | $456,200 | $149,500 | $306,700 |
| 2018 | $10,065 | $435,700 | $130,500 | $305,200 |
| 2017 | $9,884 | $426,200 | $121,000 | $305,200 |
| 2016 | $9,857 | $421,400 | $116,200 | $305,200 |
| 2015 | $9,680 | $416,700 | $111,500 | $305,200 |
| 2014 | $9,511 | $415,700 | $110,500 | $305,200 |
Source: Public Records
Agents Affiliated with this Home
-
Abdulbaset Abdulla
-
datacorrect BrightMLS
d
Buyer's Agent in 2019
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: NJSO112096
APN: 08-00020-05-00108
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