NOT LISTED FOR SALE

87 Rachel Ct Unit H3 Franklin Park, NJ 08823

Estimated Value: $352,755 - $374,000

2 Beds
2 Baths
-- Sq Ft
$246/mo HOA Fee

Last Sold August 16, 2019

Last sale price $190,800

Est. 88% increase in value since last sale

Current estimated payment $2,663/month

62 Days on Market

Highlights

  • Private Pool
  • 1-Story Property
  • Dogs Allowed
  • Kitchen Island
  • Forced Air Heating and Cooling System

About This Home

As of August 2019

Beautiful Condo with a Penthouse 3rd Floor location. Major features include Open Air Space for newer Kitchen, Dining and Living Rooms, solid maple Kitchen Cabinets with Granite Top, two Skylights and more. Great location in between New Brunswick and Princeton. Close to everything, shopping, highways, Universities and Hospitals. Photos were taken prior to the present Tenant occupying the Condo.

Last Agent to Sell the Property

STEPHEN ZALEWSKI

COLDWELL BANKER REALTY Listed on: 06/01/2019

Last Buyer's Agent

BECKY POON

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,908

Year Built

  • Built in 1988

Lot Details

  • 305

HOA Fees

  • $246 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Additional Parking
  • Assigned Parking

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00034-0008-00054-0001-C4524
  • Tax Block *

Community Details

Recreation

  • Community Pool

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,908

Year Built

Built in 1988

Lot Details

0

HOA Fees

$246 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1988
  • County Name: Somerset
  • Street Number Display: 87
  • Directions: Route 27 or South Middlebush Road to Beekman to Rachel.
  • I D: 4902853
  • Modified: 2021-09-23
  • Number Images: 13
  • Section Subdiv Development: Society Hill
  • First Name: STEPHEN
  • First Name3: BECKY
  • Last Name: ZALEWSKI
  • Last Name3: POON
  • Attribution Contact: 732-254-3750
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Refrigerator, CookGas, Washer, Dishwasher, Dryer, Microwave Oven
  • Number Rooms: 5
  • Bedrooms: 2
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Area: Center Island, Separate Dining Area
  • Phone: 732-254-3750

Exterior Features

  • Exterior Description: Vinyl Siding
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Additional Parking, Assigned

Utilities

  • Cooling: Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 246
  • Association Maintenance Fee Frequency: Monthly

Lot Info

  • Lot Size: COMMON ELEMENTS
  • Assessed Improvement Value: 143400
  • Assessed Land Value: 30000
  • Assessment: 173400
  • Lot Identifier: 54.1
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 250
  • Pets Allowed: DogsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3908
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00034-0008-00054-0001-C4524
  • Tax Rate Amount: 2.254
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Sep 10, 2019
Sold by
Giantesano Vincent and Giantesano Charlotte
Bought by
King Wok Inc
Seller's Agent
STEPHEN ZALEWSKI
COLDWELL BANKER REALTY
Buyer's Agent
BECKY POON
KELLER WILLIAMS ELITE REALTORS
List Price
$199,900
Sold Price
$190,800
Premium/Discount to List
-$9,100
-4.55%
Current Estimated Value
$359,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,639
Avg. Annual Appreciation
11.32%

Purchase Details

Closed on
Mar 21, 2008
Sold by
Handwerger Jason
Bought by
Giantesano Vincent and Giantesano Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1999
Sold by
Bass Kevin
Bought by
Handwerger Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,125
Interest Rate
6.85%

Purchase Details

Closed on
May 13, 1994
Sold by
Elik Joseph
Bought by
Bass Kevin and Bass Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.44%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 1989
Sold by
K Hovnanian At Somerset Iii Inc
Bought by
Elik Joseph and Elik Woodworth,J
Source: Public Records

Range of Values:

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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
King Wok Inc $195,800 Golden Title Agency
Giantesano Vincent $220,000 None Available
Handwerger Jason $87,500 --
Bass Kevin $87,000 --
Elik Joseph $109,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giantesano Vincent R $206,104
Previous Owner Giantesano Vincent $209,000
Previous Owner Handwerger Jason $83,125
Previous Owner Bass Kevin $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $190,800 -4.6% --
08/02/2019 08/02/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $199,900 -- --
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
2024 $5,184 $287,500 $140,000 $147,500
2023 $4,949 $257,500 $110,000 $147,500
2022 $4,614 $227,500 $80,000 $147,500
2021 $2,541 $202,500 $55,000 $147,500
2020 $4,349 $192,500 $45,000 $147,500
2019 $4,288 $187,500 $40,000 $147,500
2018 $4,006 $173,400 $30,000 $143,400
2017 $3,905 $168,400 $25,000 $143,400
2016 $3,939 $168,400 $25,000 $143,400
2015 $3,912 $168,400 $25,000 $143,400
2014 $3,853 $168,400 $25,000 $143,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3561782

Garden State MLS

APN: 08-00034-08-00054-01-C4524