This home is located at 45 Magellan Way, Franklin Park, NJ 08823 since 29 September 2014 and is currently estimated at $609,671. This property was built in 1990. 45 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.
Home Details
Home Type
Single Family
Est. Annual Taxes
$8,878
Year Built
Built in 1990
Lot Details
5,663
Bedrooms and Bathrooms
3 Bedrooms
3 Bathrooms
Home Details
Home Type
Single Family
Est. Annual Taxes
$8,878
Year Built
Built in 1990
Lot Details
0
Listing Details
Year Built: 1990
County Name: Somerset
Street Number Display: 45
I D: 4444598
Modified: 2021-09-23
Number Images: 0
Attribution Contact: 732-297-7171
MLS Status: Sold
Special Features: None
Property Sub Type: Detached
Interior Features
Bedrooms: 3
Bathrooms: 2.10
Lot Info
Lot Size: .13 ACRES
Ownership History
DateNameOwned ForOwner Type
Sep 2014 - PresentPatel Hirenkumar N and Patel Khushbu D10 Years and 9 Months
Private Individual
Purchase Details
Listed on
Sep 29, 2014
Closed on
Sep 24, 2014
Sold by
Pallati Sai Prasad and Pallati Pallavi
Bought by
Patel Hirenkumar N and Patel Khushbu D
Sold Price
$348,000
Total Days on Market
0
Current Estimated Value
$609,671
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,671
Avg. Annual Appreciation
5.42%
Original Mortgage
$313,000
Interest Rate
4.11%
Mortgage Type
New Conventional
May 2002 - Sep 2014Prasad Pallette12 Years and 4 Months
Private Individual
Purchase Details
Closed on
May 21, 2002
Sold by
Relocation Resource
Bought by
Prasad Pallette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.8%
Mar 2002 - May 2002Relocation Resources2 Months
Private Individual
Purchase Details
Closed on
Mar 22, 2002
Sold by
Lelicoff Nancy
Bought by
Relocation Resources
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.8%
Oct 1994 - Mar 2002Lelicoff Nancy7 Years and 5 Months
Private Individual
Purchase Details
Closed on
Oct 14, 1994
Sold by
Farazdel Abbas
Bought by
Lelicoff Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.49%
Apr 1992 - Oct 1994Farazdel Abbas and Farazdel Raymond,Susan2 Years and 6 Months
This lovely split-level home is situated on a half-acre lot and beautifully maintained in a quiet neighborhood that is still close to shopping, major highways and state parks. The property itself offers a large private backyard with a firepit on a quiet seating area near a stream that runs along the edge of the property. This offers great evenings of relaxation of the warmth of a fire and
Ranch Style Home On Park Like Yard! Spacious Living Room with Wood Burning Stove - Formal Dining Room - Eat-In Kitchen - Generously Sized Florida Room - Updated Windows & Electric Service - Tremendous Full Basement - 2 Car Detached Garage (opener doesn't work) - Baseboard Heat (Above Ground Oil Tank) & Central A/C - Being Sold Strictly AS IS & Where Is (seller may or may not remove contents) -
Location Location Location! Quiet neighborhood, close to shopping, dining, schools, hospitals, parks, and transportations. Easy access to all major highways. Spacious 3 bedroom ranch with garage. Big lot 100X231. Must see!
Collateral Analytics
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ICE
ICE Mortgage Technology
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First American
First American
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Quantarium
Quantarium
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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
Patel Hirenkumar N
$348,000
Direct Title & Closing Agenc
Prasad Pallette
$265,000
--
Relocation Resources
$265,000
--
Lelicoff Nancy
$179,900
--
Farazdel Abbas
$155,000
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Patel Khushbu
$220,400
Closed
Patel Hirenkumar N
$310,000
Closed
Patel Hirenkumar N
$313,000
Previous Owner
Pallati Sai Prasad
$75,000
Previous Owner
Prasad Pallette
$212,000
Previous Owner
Lelicoff Nancy
$144,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
09/29/201409/29/14
Sold
$348,000
--
--
Source: Garden State MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 45 Magellan Way, Franklin Park, NJ 08823 since 29 September 2014 and is currently estimated at $609,671. This property was built in 1990. 45 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.
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