NOT LISTED FOR SALE

503 Margaret Ct South Plainfield, NJ 07080

Estimated Value: $526,333 - $589,000

3 Beds
2.5 Baths
-- Sq Ft
1,098 Sq Ft Lot

Last Sold December 01, 2021

Last sale price $396,000

Est. 41% increase in value since last sale

Current estimated payment $3,669/month

131 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Formal Dining Room
  • South Plainfield High School Rated A-
  • Granite Countertops
  • 1 Car Attached Garage

About This Home

As of December 2021

Welcome to this Bright three bedroom, two and a half bath with full basement and one car garage townhome in Traditions. Living room, Family room and Dining room all offer hardwood floors. The kitchen features granite countertops and stainless steel appliances. Large family room with a door leading to the backyard with a deck. Upstairs offers a Master suite with spacious closet and master bathroom with soaking tub and stall shower. Nice size other two bedrooms and laundry room. Full basement , One car garage. Close to shopping,trains and all major hwys. This home is a steal at this price

Last Agent to Sell the Property

Sujatha Narahari

ON TRACK REALTY Listed on: 06/23/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,711

Year Built

  • Built in 2001

Lot Details

  • 1,098 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Association fees include amenities-some, common area maintenance, snow removal, ground maintenance
  • Traditions Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $220

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,711

Year Built

Built in 2001

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.0252
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Traditions
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2001
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops
  • Appliances: Dishwasher, Gas Range/Oven, Gas Water Heater
  • Has Basement: Full, Utility Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Kitchen, Living Room, Dining Room, Family Room, 3 Bedrooms, Bath Main, Bath Other, Attic
  • Stories: 2

Exterior Features

  • Lot Features: Level
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Asphalt, Garage, Attached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Amenities-Some, Common Area Maintenance, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 1098

Multi Family

  • Maintenance Expense: 220

Tax Info

  • Tax Annual Amount: 7711
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Arbind Dobhal
Bought by
Dobhal Arbind and Uniyal Suchitra
Current Estimated Value
$560,333

Purchase Details

Listed on
Jun 23, 2021
Closed on
Nov 30, 2021
Sold by
Thuppil Kesavan and Thuppil Shanthi
Bought by
Dobhai Arbind and Uniyal Suchitra
Seller's Agent
Sujatha Narahari
ON TRACK REALTY
List Price
$396,000
Sold Price
$396,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$376,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2004
Sold by
Vasudeva Sameera
Bought by
Thuppil Kesavan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
6.12%

Purchase Details

Closed on
Nov 27, 2001
Sold by
Jsm At New Durham
Bought by
Vasudeva Sameera and Batni Chaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,900
Interest Rate
6.6%
Source: Public Records

Range of Values:

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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
Dobhal Arbind -- Lederman Lee R
Dobhai Arbind $396,000 Monarch Title Agency Inc
Thuppil Kesavan $3,538,000 --
-- $353,800 --
Vasudeva Sameera $268,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dobhai Arbind $376,000
Previous Owner -- $283,000
Previous Owner Vasudeva Sameera $242,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $396,000 0.0% --
11/01/2021 11/01/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $396,000 -- --
Source: All Jersey 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 $8,483 $121,505 $20,500 $101,005
2024 $8,114 $121,505 $20,500 $101,005
2023 $8,114 $121,505 $20,500 $101,005
2022 $8,013 $121,505 $20,500 $101,005
2021 $7,825 $121,505 $20,500 $101,005
2020 $7,711 $121,505 $20,500 $101,005
2019 $7,398 $121,505 $20,500 $101,005
2018 $7,208 $121,505 $20,500 $101,005
2017 $7,115 $121,505 $20,500 $101,005
2016 $7,044 $121,505 $20,500 $101,005
2015 $6,922 $121,505 $20,500 $101,005
2014 $6,723 $121,505 $20,500 $101,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2119313R

All Jersey MLS

APN: 22-00528-0000-00043-0000-C2303