Seller's Agent in 2021
Lorraine Marchany
BHHS FOX & ROACH REALTORS
(609) 890-3300
4 in this area
33 Total Sales
8 Gregory Ln Unit 2605 Franklin Park, NJ 08823
Estimated Value: $375,000 - $386,000
2
Beds
2
Baths
1,239
Sq Ft
653
Sq Ft Lot
Highlights
- In Ground Pool
- Eat-In Kitchen
- Ceramic Tile Flooring
- Traditional Architecture
- Patio
- Forced Air Heating System
About This Home
As of March 2021This well-maintained first level unit can only be described as a home to welcome you back every time you arrive at this bright & airy condo. The spacious unit offers 2 large bedrooms and 2 full baths which have recently been updated. The primary bedroom has it's own extra-large bath & overlooks open green space. Chefs will surely love the kitchen with ample counter and cabinets. The newly installed stylish flooring accented by freshly painted designer-colored walls creates comfort & style. The large laundry room will make your weekly chores a breeze. Your living space extends to the patio where you can relax and enjoy a cup of coffee & favorite newspaper. Make great use of the on site pool & tennis courts. Easy access to major roads & close to shopping, dining and medical facilities. Schedule a viewing today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,608
Year Built
- Built in 1991
Lot Details
- 653
Home Design
- Traditional Architecture
- Asphalt Roof
Interior Spaces
- 1,239 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Open Parking
- Assigned Parking
Outdoor Features
- In Ground Pool
- Patio
Utilities
- Forced Air Heating System
- Underground Utilities
- Gas Water Heater
Community Details
Overview
- Association fees include common area maintenance, maintenance structure, snow removal, trash, ground maintenance
- Society Hill/Somerset VI Subdivision
Pet Policy
- Pets Allowed
Building Details
- Maintenance Expense $261
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2021
Closed on
Mar 1, 2021
Sold by
Kagalwalla Arshad and Shahpurwala Abizar
Bought by
Patel Urmilaben R and Patel Ramesh Chandra
Seller's Agent
Lorraine Marchany
BHHS FOX & ROACH REALTORS
List Price
$250,000
Sold Price
$250,000
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
$131,247
Avg. Annual Appreciation
9.56%
Purchase Details
Closed on
Oct 12, 2012
Sold by
Lapinski David and Lapinski Sarah
Bought by
Kagalwalla Arshad and Kagalwalla Abizar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
3.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 7, 2009
Sold by
Navarro Ellen
Bought by
Lapinski David and Lapinski Sarah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 1997
Sold by
Kosman Thomas
Bought by
Navarro James and Navarro Ellen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7.5%
Purchase Details
Closed on
Aug 20, 1993
Sold by
K Hovnanian @ Somerset Vi Inc
Bought by
Kosman Thomas J and Kosman Carey,C
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 |
|---|---|---|---|
| Patel Urmilaben R | $250,000 | All Ahead Title Agency Llc | |
| Patel Urmilaben R | $250,000 | Chicago Title | |
| Kagalwalla Arshad | $186,000 | Title Resources Guaranty Co | |
| Lapinski David | $217,500 | Multiple | |
| Navarro James | $91,000 | -- | |
| Kosman Thomas J | $100,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kagalwalla Arshad | $139,500 | |
| Previous Owner | Lapinski David | $174,000 | |
| Previous Owner | Navarro James | $79,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/01/2021 03/01/21 | Sold | $250,000 | 0.0% | $202 / Sq Ft |
| 02/05/2021 02/05/21 | For Sale | $250,000 | -- | $202 / Sq Ft |
Source: All Jersey 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 | $5,391 | $352,000 | $140,000 | $212,000 |
| 2024 | $5,391 | $299,000 | $140,000 | $159,000 |
| 2023 | $5,362 | $279,000 | $120,000 | $159,000 |
| 2022 | $4,847 | $239,000 | $80,000 | $159,000 |
| 2021 | $4,723 | $214,000 | $55,000 | $159,000 |
| 2020 | $4,608 | $204,000 | $45,000 | $159,000 |
| 2019 | $4,551 | $199,000 | $40,000 | $159,000 |
| 2018 | $4,250 | $184,000 | $25,000 | $159,000 |
| 2017 | $4,267 | $184,000 | $25,000 | $159,000 |
| 2016 | $4,304 | $184,000 | $25,000 | $159,000 |
| 2015 | $4,274 | $184,000 | $25,000 | $159,000 |
| 2014 | $4,210 | $184,000 | $25,000 | $159,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lorraine Marchany
Map
Source: All Jersey MLS
MLS Number: 2111808
APN: 08-00020-03-00009-03-C2605
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