NOT LISTED FOR SALE

51 Pear Tree Ln Franklin Park, NJ 08823

Estimated Value: $381,000 - $464,000

3 Beds
2.5 Baths
1,584 Sq Ft
$256/mo HOA Fee

Last Sold April 27, 2018

Last sale price $225,001 $142 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,041/month

36 Days on Market

Highlights

  • Colonial Architecture
  • Laundry Room
  • Wall to Wall Carpet
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of April 2018

Fantastic 3 bedroom 2.5 bath. Large eat in kitchen, living room, dining room, upstairs laundry. There is also a covered patio overlooking the open space. Make an appointment to see this home today!

Last Agent to Sell the Property

ERIC PAYNE

WEICHERT REALTORS Listed on: 02/22/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,313

Year Built

  • Built in 1985

Lot Details

  • 958

HOA Fees

  • $256 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,584 Sq Ft Home
  • Wall to Wall Carpet
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2708-00034-0004-00008-0001-C0073
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,313

Year Built

Built in 1985

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Style: Colonial, Multi Floor Unit
  • Primary Style: Colonial
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1985
  • County Name: Somerset
  • Street Number Display: 51
  • Directions: Claremont rd to Society Hill Blvd to Pear Tree Lane
  • I D: 4780723
  • Modified: 2019-04-28
  • Number Images: 13
  • First Name: ERIC
  • First Name3: UNKNOWN
  • Last Name: PAYNE
  • Last Name3: AGENT
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting
  • Appliances: Refrigerator, CookGas, Dishwasher
  • Number Rooms: 9
  • Bedrooms: 3
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Area: Eat-In Kitchen
  • Level 2 Rooms: Laundry Room, 3 Bedrooms
  • Estimated Sq Ft: 1584
  • Phone: 609-921-1900

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Parking Lot-Shared

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 256
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area

Fee Information

  • Other Fee Freqency: R

Lot Info

  • Lot Size: COMMON ELEMENTS
  • Assessed Improvement Value: 179900
  • Assessed Land Value: 55000
  • Assessment: 234900
  • Easement: Unknown
  • Lot Identifier: 8.1
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 500
  • Pets Allowed: Call

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5313
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00034-0004-00008-0001-C0073
  • Tax Rate Amount: 2.262
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Apr 27, 2018
Sold by
Fannie Mae
Bought by
Malagi Anand R
Seller's Agent
ERIC PAYNE
WEICHERT REALTORS
List Price
$225,000
Sold Price
$225,001
Premium/Discount to List
$1
0.0%
Current Estimated Value
$428,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,916
Avg. Annual Appreciation
9.02%
Original Mortgage
$213,751
Outstanding Balance
$184,258
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$244,659

Purchase Details

Closed on
Oct 31, 2017
Sold by
Pringle Sylvia Annette and Pringle Joann Debbie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 22, 2004
Sold by
Forest Peggy X
Bought by
Pringle Cleo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
5.74%

Purchase Details

Closed on
May 1, 2001
Sold by
Cole Bruno
Bought by
Forest Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.88%

Purchase Details

Closed on
Oct 28, 1993
Sold by
Panasuk Elizabeth
Bought by
Chandani Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.72%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Malagi Anand R $225,001 None Available
Federal National Mortgage Association -- None Available
Pringle Cleo $263,000 --
Forest Peggy $165,000 --
Chandani Fernando $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malagi Anand R $213,751
Previous Owner Pringle Cleo $163,000
Previous Owner Forest Peggy $145,000
Previous Owner Chandani Fernando $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2018 04/27/18 Sold $225,001 0.0% $142 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $225,000 -- $142 / Sq Ft
Source: Garden State 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 $6,219 $404,300 $165,000 $239,300
2024 $6,219 $344,900 $165,000 $179,900
2023 $6,245 $324,900 $145,000 $179,900
2022 $5,778 $284,900 $105,000 $179,900
2021 $5,419 $249,900 $70,000 $179,900
2020 $5,419 $239,900 $60,000 $179,900
2019 $5,487 $239,900 $60,000 $179,900
2018 $5,426 $234,900 $55,000 $179,900
2017 $5,447 $234,900 $55,000 $179,900
2016 $5,377 $229,900 $50,000 $179,900
2015 $5,091 $229,900 $50,000 $179,900
2014 $5,125 $234,900 $55,000 $179,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    ERIC PAYNE

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3448977

Garden State MLS

APN: 08-00034-04-00008-01-C0073

New Jersey Somerset County Franklin Park 08823

51 Pear Tree Ln, Franklin Park, NJ

This home is located at 51 Pear Tree Ln, Franklin Park, NJ 08823 since 22 February 2018 and is currently estimated at $428,917, approximately $270 per square foot. This property was built in 1985. 51 Pear Tree Ln is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Cheder Menachem.

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