Seller's Agent in 2022
Maryanne Sawade
RE/MAX
(908) 642-6789
14 in this area
43 Total Sales
5 Summer Cottage Ln Franklin Park, NJ 08823
Estimated Value: $1,013,000 - $1,057,456
4
Beds
3
Baths
3,103
Sq Ft
$335/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Colonial Architecture
- Wood Flooring
- 2.92 Acre Lot
- Recreation Room
- Attic
About This Home
As of July 2022Beautiful private home on the end of a Cul de sac. Back yard oasis surrounded by trees and with an expansive paver patio and refreshing in ground pool featuring a waterfall. New wood floors on 1st level and crown molding. All 3 bathrooms remodeled with high end Fixtures. Master bath features a modern soaking tub and shower. Huge Master bedroom closet has custom solid wood built ins. Dining Room Basement has finished rooms for leisure, office space, or guest rooms. The home has a fire safety suppression sprinkler system throughout. Located close to recreation and shopping. BEST OFFERS DUE Friday 06/17 AT NOON
Last Agent to Sell the Property
RE/MAX PREFERRED PROFESSIONALS Listed on: 06/08/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,017
Year Built
- Built in 1996
Lot Details
- 2.92 Acre Lot
- Cul-De-Sac
- Fenced
- Level Lot
Parking
- 2 Car Direct Access Garage
- Oversized Parking
- Garage Door Opener
- Additional Parking
Home Design
- Colonial Architecture
- Planned Development
- Stone Siding
- Vinyl Siding
- Tile
Interior Spaces
- 3,103 Sq Ft Home
- Sound System
- Wood Burning Fireplace
- Thermal Windows
- Blinds
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Home Office
- Recreation Room
- Utility Room
- Carbon Monoxide Detectors
- Attic
- Finished Basement
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Bidet
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- Gunite Pool
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Ductless Heating Or Cooling System
- Multiple Heating Units
- Underground Utilities
- Standard Electricity
- Well
- Gas Water Heater
- Septic System
Listing and Financial Details
- Assessor Parcel Number 2708-00033-0001-00092-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2022
Closed on
Jul 28, 2022
Sold by
Lu and Lan
Bought by
Melman Morton and Melman Lora
Seller's Agent
Maryanne Sawade
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
Diane Morehouse
ARC REAL ESTATE
List Price
$799,000
Sold Price
$899,000
Premium/Discount to List
$100,000
12.52%
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
$140,614
Avg. Annual Appreciation
4.62%
Original Mortgage
$869,000
Outstanding Balance
$826,468
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$213,146
Purchase Details
Closed on
Jun 11, 2018
Sold by
Deutsche Bank National Trust Co
Bought by
Lu Dongming
Purchase Details
Closed on
Sep 25, 2017
Sold by
Bonilla Jose A and Bonilla Yolanda
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Apr 11, 2005
Sold by
Frazier Deborah J
Bought by
Bonilla Jose A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 29, 2000
Sold by
Mccardie Brian
Bought by
Frazier Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
8.16%
Purchase Details
Closed on
Jan 30, 1995
Sold by
Hovnanian K
Bought by
Mccardle Jacqueline and Mc Cardle Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.8%
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 |
|---|---|---|---|
| Melman Morton | $899,000 | Jens Peter H | |
| Melman Morton | $899,000 | Jens Peter H | |
| Lu Dongming | $498,750 | Title And Closing Supervisor | |
| Deutsche Bank National Trust Company | $1,000 | None Available | |
| Bonilla Jose A | $650,000 | -- | |
| Bonilla Jose A | $650,000 | None Available | |
| Frazier Deborah | $465,000 | -- | |
| Mccardle Jacqueline | $304,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melman Morton | $869,000 | |
| Closed | Melman Morton | $869,000 | |
| Previous Owner | Bonilla Jose A | $520,000 | |
| Previous Owner | Frazier Deborah | $348,750 | |
| Previous Owner | Mccardle Jacqueline | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2022 07/28/22 | Sold | $899,000 | +12.5% | $290 / Sq Ft |
| 06/29/2022 06/29/22 | Pending | -- | -- | -- |
| 06/12/2022 06/12/22 | For Sale | $799,000 | -- | $257 / Sq Ft |
Source: Garden State 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 | $13,351 | $987,200 | $364,200 | $623,000 |
| 2024 | $13,351 | $740,500 | $314,200 | $426,300 |
| 2023 | $14,232 | $740,500 | $314,200 | $426,300 |
| 2022 | $13,192 | $650,500 | $224,200 | $426,300 |
| 2021 | $13,915 | $630,500 | $204,200 | $426,300 |
| 2020 | $14,017 | $620,500 | $194,200 | $426,300 |
| 2019 | $14,191 | $620,500 | $194,200 | $426,300 |
| 2018 | $14,334 | $620,500 | $194,200 | $426,300 |
| 2017 | $14,389 | $620,500 | $194,200 | $426,300 |
| 2016 | $14,514 | $620,500 | $194,200 | $426,300 |
| 2015 | $14,414 | $620,500 | $194,200 | $426,300 |
| 2014 | $14,298 | $624,900 | $194,200 | $430,700 |
Source: Public Records
Agents Affiliated with this Home
-
Maryanne Sawade
-
Diane Morehouse
D
Buyer's Agent in 2022
Diane Morehouse
ARC REAL ESTATE
(732) 581-3337
1 in this area
1 Total Sale
Map
Source: Garden State MLS
MLS Number: 3787590
APN: 08-00033-01-00092
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