44 Magellan Way Franklin Park, NJ 08823
Franklin Park NeighborhoodEstimated Value: $634,000 - $716,000
--
Bed
--
Bath
1,980
Sq Ft
$343/Sq Ft
Est. Value
About This Home
This home is located at 44 Magellan Way, Franklin Park, NJ 08823 and is currently estimated at $678,445, approximately $342 per square foot. 44 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 11, 2002
Sold by
Cipollini Gary
Bought by
Vamburkar Satish and Vamburkar Sangeeta
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,900
Interest Rate
6.73%
Purchase Details
Closed on
Jan 4, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Cipollini Gary M and Cipollini Cheryl A
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Vamburkar Satish | $299,900 | -- | |
Cipollini Gary M | $172,200 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Vamburkar Satish | $60,000 | |
Open | Vamburkar Satish | $256,900 | |
Closed | Vamburkar Satish | $242,000 | |
Closed | Vamburkar Satish | $230,000 | |
Closed | Vamburkar Satish | $239,900 |
Source: Public Records
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 |
---|---|---|---|---|
2024 | $10,050 | $557,400 | $322,800 | $234,600 |
2023 | $9,704 | $504,900 | $270,300 | $234,600 |
2022 | $9,601 | $473,400 | $238,800 | $234,600 |
2021 | $9,289 | $420,900 | $186,300 | $234,600 |
2020 | $9,271 | $410,400 | $175,800 | $234,600 |
2019 | $9,146 | $399,900 | $165,300 | $234,600 |
2018 | $8,870 | $384,000 | $144,300 | $239,700 |
2017 | $8,661 | $373,500 | $133,800 | $239,700 |
2016 | $8,615 | $368,300 | $128,600 | $239,700 |
2015 | $8,572 | $369,000 | $123,300 | $245,700 |
2014 | $8,420 | $368,000 | $122,300 | $245,700 |
Source: Public Records
Map
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