85 Rachel Ct Unit 4509 Franklin Park, NJ 08823
Estimated Value: $349,000 - $359,000
2
Beds
2
Baths
1,052
Sq Ft
$335/Sq Ft
Est. Value
About This Home
This home is located at 85 Rachel Ct Unit 4509, Franklin Park, NJ 08823 and is currently estimated at $352,860, approximately $335 per square foot. 85 Rachel Ct Unit 4509 is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Cheder Menachem.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 26, 2020
Sold by
Maibach Lauren
Bought by
Brown Nicole
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Outstanding Balance
$127,136
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$225,724
Purchase Details
Closed on
Mar 3, 2017
Sold by
Barasky Jason M
Bought by
Maibach Lauren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,757
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 9, 2007
Sold by
Seitz Prakash
Bought by
Barasky Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,300
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 1, 2004
Sold by
Florkowski Roger L
Bought by
Seitz Prakash
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.62%
Purchase Details
Closed on
Oct 31, 2002
Sold by
Karpinski Marie
Bought by
Florkowski Roger
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
6.09%
Purchase Details
Closed on
Aug 11, 1999
Sold by
Forst Arlen
Bought by
Karpinski Tim and Karpinski Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
7.83%
Purchase Details
Closed on
Jan 30, 1989
Sold by
K Hovnanian At Somerset Iii Inc
Bought by
Forst Arlen and Forst M
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 |
|---|---|---|---|
| Brown Nicole | $220,000 | None Available | |
| Maibach Lauren | $179,000 | Chicago Title Insurance Co | |
| Barasky Jason | $222,000 | -- | |
| Barasky Jason | $222,000 | -- | |
| Barasky Jason M | $222,000 | First American Title Insuran | |
| Seitz Prakash | $180,000 | -- | |
| Florkowski Roger | $161,000 | -- | |
| Karpinski Tim | $88,500 | -- | |
| Forst Arlen | $110,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brown Nicole | $143,000 | |
| Previous Owner | Maibach Lauren | $175,757 | |
| Previous Owner | Barasky Jason M | $33,300 | |
| Previous Owner | Barasky Jason | $177,600 | |
| Previous Owner | Seitz Prakash | $162,000 | |
| Previous Owner | Florkowski Roger | $144,900 | |
| Previous Owner | Karpinski Tim | $70,800 |
Source: Public Records
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 | $5,068 | $347,800 | $160,000 | $187,800 |
| 2024 | $5,068 | $281,100 | $140,000 | $141,100 |
| 2023 | $4,826 | $251,100 | $110,000 | $141,100 |
| 2022 | $4,484 | $221,100 | $80,000 | $141,100 |
| 2021 | $4,328 | $196,100 | $55,000 | $141,100 |
| 2020 | $4,204 | $186,100 | $45,000 | $141,100 |
| 2019 | $4,142 | $181,100 | $40,000 | $141,100 |
| 2018 | $3,952 | $171,100 | $30,000 | $141,100 |
| 2017 | $3,852 | $166,100 | $25,000 | $141,100 |
| 2016 | $3,885 | $166,100 | $25,000 | $141,100 |
| 2015 | $3,859 | $166,100 | $25,000 | $141,100 |
| 2014 | $3,800 | $166,100 | $25,000 | $141,100 |
Source: Public Records
Map
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