Seller's Agent in 2017
Amy Schaefer
CALLAWAY HENDERSON SOTHEBY'S IR
(609) 651-5332
3 in this area
53 Total Sales
59 Magellan Way Franklin Park, NJ 08823
Estimated Value: $732,000 - $862,000
3
Beds
3.5
Baths
--
Sq Ft
6,534
Sq Ft Lot
Highlights
- Private Pool
- Deck
- Jetted Tub in Primary Bathroom
- Colonial Architecture
- Wood Flooring
- Tennis Courts
About This Home
As of September 2017Appealing with modern flair, this pretty Colonial nestled on a picturesque, maple tree-lined street in Nob Hill at Somerset. Fronted by perennials and a sweet lemonade porch, natural light fills impeccably-kept interiors with great flow: a vaulted, two-story living room, an open dining room elegant with hardwoods, a bright eat-in kitchen, and a family room opening to a deck and fenced yard. Ready for rainy day play or parties is a finished basement with a full bath. The upstairs laundry serves 3 bedrooms and 2 baths, including the cathedral master suite with a large walk-in closet. 2-car garage. Close to everything you need for an easy commute, errands, or dinner out! Community pool and tennis courts available for an additional fee.
Last Buyer's Agent
SHIRLEY M. STEWART
J.J. ELEK REALTY CO.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,115
Lot Details
- 6,534 Sq Ft Lot
- Wood Fence
HOA Fees
- $15 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Additional Parking
Home Design
- Colonial Architecture
- Vinyl Siding
- Tile
Interior Spaces
- Track Lighting
- Family Room
- Living Room
- Formal Dining Room
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Jetted Tub in Primary Bathroom
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Private Pool
- Deck
- Porch
Schools
- Franklin Elementary And Middle School
- Franklin High School
Utilities
- Forced Air Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- Underground Utilities
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2708-00020-0008-00008-0000-
- Tax Block *
Community Details
Overview
- Association fees include maintenance-common area
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2017
Closed on
Aug 30, 2017
Sold by
Sobti Lakshya
Bought by
Opong Marfo Kwadwo and Dottey Donna Korkor Leeyod
Seller's Agent
Amy Schaefer
CALLAWAY HENDERSON SOTHEBY'S IR
Buyer's Agent
SHIRLEY M. STEWART
J.J. ELEK REALTY CO.
List Price
$449,000
Sold Price
$445,000
Premium/Discount to List
-$4,000
-0.89%
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
$331,868
Avg. Annual Appreciation
7.19%
Original Mortgage
$400,000
Outstanding Balance
$331,484
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$445,384
Purchase Details
Closed on
Sep 6, 2006
Sold by
Mehta Kiran V
Bought by
Sobti Lakshya and Ramamurthy Priya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.47%
Purchase Details
Closed on
Apr 28, 1994
Sold by
Lombardi Michael
Bought by
Mahta Kiran and Mahta Dipti
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
7.93%
Purchase Details
Closed on
Mar 11, 1993
Sold by
Lombardi Michael P and Lombardi Cavaliere,E M
Bought by
Lombardi Michael P and Lombardi Elizabeth M
Purchase Details
Closed on
Feb 26, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Lombardi Michael and Lombardi Cavaliere,E
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 |
|---|---|---|---|
| Opong Marfo Kwadwo | $445,000 | None Available | |
| Sobti Lakshya | $440,000 | -- | |
| Mahta Kiran | $208,000 | -- | |
| Lombardi Michael P | -- | -- | |
| Lombardi Michael | $192,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Opong Marfo Kwadwo | $400,000 | |
| Previous Owner | Sobti Lakshya | $396,000 | |
| Previous Owner | Mahta Kiran | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2017 09/25/17 | Sold | $445,000 | -0.9% | -- |
| 08/03/2017 08/03/17 | Pending | -- | -- | -- |
| 05/13/2017 05/13/17 | For Sale | $449,000 | -- | -- |
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 | $10,540 | $677,200 | $306,500 | $370,700 |
| 2024 | $10,540 | $584,600 | $306,500 | $278,100 |
| 2023 | $10,275 | $534,600 | $256,500 | $278,100 |
| 2022 | $10,233 | $504,600 | $226,500 | $278,100 |
| 2021 | $10,033 | $454,600 | $176,500 | $278,100 |
| 2020 | $10,044 | $444,600 | $166,500 | $278,100 |
| 2019 | $9,939 | $434,600 | $156,500 | $278,100 |
| 2018 | $9,577 | $414,600 | $136,500 | $278,100 |
| 2017 | $9,383 | $404,600 | $126,500 | $278,100 |
| 2016 | $9,347 | $399,600 | $121,500 | $278,100 |
| 2015 | $9,167 | $394,600 | $116,500 | $278,100 |
| 2014 | $9,111 | $398,200 | $115,500 | $282,700 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Schaefer
-
S
Buyer's Agent in 2017
SHIRLEY M. STEWART
J.J. ELEK REALTY CO.
Map
Source: Garden State MLS
MLS Number: 3387636
APN: 08-00020-08-00008
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