NOT LISTED FOR SALE

57 Rachel Ct Unit G2 Franklin Park, NJ 08823

Estimated Value: $367,000 - $374,000

2 Beds
2 Baths
1,150 Sq Ft
523 Sq Ft Lot

Last Sold July 15, 2024

Last sale price $355,000 $309 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,383/month

5 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Eat-In Kitchen
  • Deck
  • Skylights
  • Separate Shower in Primary Bathroom

About This Home

As of July 2024

**H&B is due on Thursday, 6/20 at 6PM.** This two bedroom, two bath pent house condo has all that you could be looking for! When you enter in, you're greeted by a spacious open floor concept & private balcony off of the Living Room, allowing this condo to be perfect for entertaining. The vaulted ceilings & skylights allow for lots of natural light. The primary bedroom has an en-suite bath, and a deep WIC. This condo is located near public transp. making it a commuters dream. Come take a look today!

Last Agent to Sell the Property

Amanda Cruz

SIGNATURE REALTY NJ Listed on: 06/15/2024

SIGNATURE REALTY NJ

Co-Listed By

Melissa Morales

SIGNATURE REALTY NJ

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,786

Year Built

  • Built in 1988

Lot Details

  • 523

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

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

Community Details

Overview

  • Association fees include common area maintenance, maintenance structure, snow removal, trash
  • Society Hill/Somerset 03 Subdivision

Recreation

  • Community Pool

Building Details

  • Maintenance Expense $330

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,786

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Co List Office Mls Id: REXP
  • Ownership: Condominium
  • Subdivision Name: Society Hill/Somerset 03
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1988
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dryer, Microwave, Refrigerator, See Remarks, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, See Remarks
  • Interior Amenities: Cathedral Ceiling(s), Skylight, 2 Bedrooms, Kitchen, Living Room, Bath Full, Bath Main, Dining Room, None
  • Living Area: 1150
  • Stories: 1
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Outdoor Pool, In Ground
  • Exterior Features: Deck, Sidewalk
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Concrete, Common

Utilities

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

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure, See remarks, Snow Removal, Trash

Lot Info

  • Zoning: CR

Multi Family

  • Maintenance Expense: 330

Tax Info

  • Tax Annual Amount: 4786
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 8, 2024
Sold by
Lee Cherry
Bought by
Soin Monica
Seller's Agent
Amanda Cruz
SIGNATURE REALTY NJ
List Price
$339,000
Sold Price
$355,000
Premium/Discount to List
$16,000
4.72%
Views
7
Current Estimated Value
$369,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,634
Avg. Annual Appreciation
2.93%
Original Mortgage
$155,000
Outstanding Balance
$150,668
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$218,966

Purchase Details

Listed on
May 31, 2016
Closed on
Jul 20, 2016
Sold by
Hughes Christine A and Poane Daniel
Bought by
Lee Cherry
Seller's Agent
Jonathan Kessler
KUKER & KESSLER REAL ESTATE
Buyer's Agent
DANIEL SURMAN
KELLER WILLIAMS ELITE REALTORS
List Price
$185,000
Sold Price
$182,500
Premium/Discount to List
-$2,500
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$146,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2013
Closed on
Nov 18, 2013
Sold by
Grimm Jennifer E
Bought by
Hughes Christine A
Seller's Agent
MARY HINES
Coldwell Banker Residential Brokerage-Hillsborough
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$180,400
Sold Price
$180,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.45%
Original Mortgage
$8,000
Interest Rate
4.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 30, 2010
Sold by
Bahadori Kamran
Bought by
Grimm Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,420
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2004
Sold by
Zagari Julianna
Bought by
Bahadori Kamron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.47%

Purchase Details

Closed on
Feb 21, 1989
Sold by
K Hovnanian At Somerset Iii Inc
Bought by
Zagari Julianna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Soin Monica $355,000 None Listed On Document
Soin Monica $355,000 None Listed On Document
Lee Cherry $182,500 Fidelity National Title Insu
Hughes Christine A $180,400 Mortgage Title Surveys
Grimm Jennifer E $190,000 First American Title Ins Co
Bahadori Kamron $162,500 --
Zagari Julianna $106,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soin Monica $155,000
Closed Soin Monica $155,000
Previous Owner Lee Cherry $146,000
Previous Owner Hughes Christine A $8,000
Previous Owner Grimm Jennifer E $155,420
Previous Owner Bahadori Kamron $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2024 07/15/24 Sold $355,000 +4.7% $309 / Sq Ft
06/15/2024 06/15/24 For Sale $339,000 +85.8% $295 / Sq Ft
07/22/2016 07/22/16 Sold $182,500 -1.4% $159 / Sq Ft View Prior Sale
06/05/2016 06/05/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $185,000 +2.5% $161 / Sq Ft
12/15/2013 12/15/13 Sold $180,400 0.0% $157 / Sq Ft View Prior Sale
11/15/2013 11/15/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $180,400 -- $157 / Sq Ft
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 $5,337 $388,100 $160,000 $228,100
2024 $5,337 $296,000 $140,000 $156,000
2023 $5,113 $266,000 $110,000 $156,000
2022 $4,786 $236,000 $80,000 $156,000
2021 $4,657 $211,000 $55,000 $156,000
2020 $4,541 $201,000 $45,000 $156,000
2019 $4,483 $196,000 $40,000 $156,000
2018 $4,297 $186,000 $30,000 $156,000
2017 $4,081 $176,000 $20,000 $156,000
2016 $3,962 $169,400 $20,000 $149,400
2015 $3,935 $169,400 $20,000 $149,400
2014 $3,876 $169,400 $20,000 $149,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2413247R

All Jersey MLS

APN: 08-00034-08-00054-01-C4614