NOT LISTED FOR SALE

80 Magellan Way Franklin Park, NJ 08823

Estimated Value: $751,000 - $777,000

4 Beds
3 Baths
2,200 Sq Ft
$348/Sq Ft Est. Value

About This Home

This home is located at 80 Magellan Way, Franklin Park, NJ 08823 and is currently estimated at $765,834, approximately $348 per square foot. 80 Magellan Way is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Guidepost Montessori at Kendall Park.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2010
Sold by
Compass Bank
Bought by
Rodriguez David
Current Estimated Value
$765,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,385
Outstanding Balance
$263,250
Interest Rate
4.3%
Mortgage Type
VA
Estimated Equity
$502,584

Purchase Details

Closed on
Mar 12, 2010
Sold by
Carroll Troy
Bought by
Guaranty Bank Fsb

Purchase Details

Closed on
Oct 17, 2005
Sold by
Sands Rose
Bought by
Carroll Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,500
Interest Rate
1.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 19, 2004
Sold by
Jacobs David
Bought by
Sands Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,635
Interest Rate
5.69%

Purchase Details

Closed on
Aug 11, 1998
Sold by
Misiura Dave
Bought by
Jacobs Dave and Alli Kemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,100
Interest Rate
6.86%

Purchase Details

Closed on
Jul 15, 1993
Sold by
Fredrickson Eric D and Fredrickson Laura T
Bought by
Finn Kathleen S

Purchase Details

Closed on
Feb 6, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Frederickson Eric D and Frederickson Laura T
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Rodriguez David $400,000 Chicago Title Insurance Co
Guaranty Bank Fsb $266,000 None Available
Carroll Troy $510,000 --
Carroll Troy $510,000 First American Title Ins Co
Sands Rosa $430,900 --
Jacobs Dave $217,900 --
Finn Kathleen S $205,000 --
Frederickson Eric D $188,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez David $398,385
Previous Owner Carroll Troy $454,500
Previous Owner Sands Rosa $64,635
Previous Owner Jacobs Dave $196,100
Source: Public Records

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 $10,540 $706,400 $320,700 $385,700
2024 $10,540 $584,600 $320,700 $263,900
2023 $10,227 $532,100 $268,200 $263,900
2022 $10,093 $497,700 $0 $0
2021 $9,576 $445,200 $0 $0
2020 $9,820 $434,700 $0 $0
2019 $9,701 $427,100 $163,200 $263,900
2018 $9,314 $406,100 $142,200 $263,900
2017 $9,227 $397,900 $131,700 $266,200
2016 $9,183 $392,600 $126,400 $266,200
2015 $8,749 $387,400 $121,200 $266,200
2014 $8,589 $386,300 $120,100 $266,200
Source: Public Records

Map

New Jersey Somerset County Franklin Park 08823

80 Magellan Way, Franklin Park, NJ

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