NOT LISTED FOR SALE

75 Rachel Ct Unit B2 Franklin Park, NJ 08823

Estimated Value: $362,000 - $363,306

2 Beds
2 Baths
-- Sq Ft
348 Sq Ft Lot

Last Sold May 31, 2023

Last sale price $300,000

Est. 21% increase in value since last sale

Current estimated payment $2,341/month

13 Days on Market

About This Home

As of May 2023

This home is located at 75 Rachel Ct Unit B2, Franklin Park, NJ 08823 since 11 April 2023 and is currently estimated at $362,827. This property was built in 1988. 75 Rachel Ct Unit B2 is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Cheder Menachem.

Last Agent to Sell the Property

JOSEFINO HUERTA

KELLER WILLIAMS CORNERSTONE Brokerage Phone: 973-232-5187 Listed on: 04/11/2023

Last Buyer's Agent

JOSEFINO HUERTA

KELLER WILLIAMS CORNERSTONE Brokerage Phone: 973-232-5187 Listed on: 04/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,254

Year Built

  • Built in 1988

Lot Details

  • 348

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,254

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • County Name: Somerset
  • I D: 5213883
  • Attribution Contact: 973-232-5187
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: COMMON ELEMENTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 22, 2023
Sold by
Kist Scott B and Kist Christine M
Bought by
Sojitra Bhavesh M and Bhadiyadra Mittal H
Seller's Agent
JOSEFINO HUERTA
KELLER WILLIAMS CORNERSTONE
Buyer's Agent
JOSEFINO HUERTA
KELLER WILLIAMS CORNERSTONE
List Price
$260,000
Sold Price
$300,000
Premium/Discount to List
$40,000
15.38%
Views
25
Current Estimated Value
$362,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,827
Avg. Annual Appreciation
7.81%
Original Mortgage
$180,000
Outstanding Balance
$174,995
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$187,832

Purchase Details

Listed on
Mar 19, 2020
Closed on
May 13, 2020
Sold by
Garby Jason and Garby Lauren
Bought by
Kist Scott B and Kist Christine M
Seller's Agent
HEATHER CASEY
RE/MAX DIAMOND REALTORS
Buyer's Agent
Douglas Swearengin
RE/MAX INSTYLE
List Price
$205,500
Sold Price
$198,500
Premium/Discount to List
-$7,000
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%
Original Mortgage
$178,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2007
Sold by
Wheeler Denise M
Bought by
Kobren Lauren and Garby Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,130
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1998
Sold by
Lacher Jeffrey
Bought by
Ricco Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
7.09%

Purchase Details

Closed on
Aug 21, 1996
Sold by
Oglensky Jonathan
Bought by
Lacher Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
8.11%

Purchase Details

Closed on
Jun 30, 1989
Sold by
K Hovanian At Somerset Iii Inc
Bought by
Oglensky Jonathan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sojitra Bhavesh M $300,000 Fortune Title
Kist Scott B $198,500 Old Republic Title
Kobren Lauren $229,000 Multiple
Ricco Tracey $78,000 --
Lacher Jeff $77,500 --
Oglensky Jonathan $112,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sojitra Bhavesh M $180,000
Previous Owner Kist Scott B $178,500
Previous Owner Kobren Lauren $222,130
Previous Owner Ricco Tracey $74,000
Previous Owner Lacher Jeff $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $300,000 +15.4% --
04/24/2023 04/24/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $260,000 +31.0% --
05/20/2020 05/20/20 Sold $198,500 -3.4% -- View Prior Sale
04/01/2020 04/01/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $205,500 -- --
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 $5,254 $361,600 $160,000 $201,600
2024 $5,254 $291,400 $140,000 $151,400
2023 $5,024 $261,400 $110,000 $151,400
2022 $4,693 $231,400 $80,000 $151,400
2021 $4,555 $206,400 $55,000 $151,400
2020 $4,437 $196,400 $45,000 $151,400
2019 $4,377 $191,400 $40,000 $151,400
2018 $4,190 $181,400 $30,000 $151,400
2017 $3,975 $171,400 $20,000 $151,400
2016 $4,009 $171,400 $20,000 $151,400
2015 $3,982 $171,400 $20,000 $151,400
2014 $3,922 $171,400 $20,000 $151,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JOSEFINO HUERTA

    KELLER WILLIAMS CORNERSTONE

  • HEATHER CASEY

    Seller's Agent in 2020

    HEATHER CASEY

    RE/MAX

    (732) 674-6035

    28 in this area

    68 Total Sales

    HEATHER CASEY
    Section Image
  • Douglas Swearengin

    Buyer's Agent in 2020

    Douglas Swearengin

    RE/MAX

    (732) 939-2934

    25 in this area

    100 Total Sales

    Douglas Swearengin
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3837514

Garden State MLS

APN: 08-00034-08-00054-01-C4505

New Jersey Somerset County Franklin Park 08823

75 Rachel Ct Unit B2, Franklin Park, NJ

Not Listed for Sale

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