NOT LISTED FOR SALE

96 Magellan Way Franklin Park, NJ 08823

Estimated Value: $740,000 - $835,000

3 Beds
2.5 Baths
1,900 Sq Ft
$405/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $421,500 $222 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,993/month

15 Days on Market

Highlights

  • On Golf Course
  • Colonial Architecture
  • Whirlpool Bathtub
  • Private Pool
  • Wood Flooring
  • High Ceiling

About This Home

As of June 2016

Best Location in Nob Hill ! Privacy on a Cul De Sac overlooking Woods & Golf Course W/ Extra Yard Buffer ! 3 Beds, 2 Car Garage, Finished Basement. 9 Foot Ceilings. North East Facing Home ! Spotless! Roof is only 2 Years Old !

Last Agent to Sell the Property

William Zervos

RE/MAX DIAMOND REALTORS Listed on: 04/27/2016

RE/MAX DIAMOND REALTORS

Last Buyer's Agent

Ivy Wen

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,084

Year Built

  • Built in 1991

Lot Details

  • 5,663 Sq Ft Lot
  • On Golf Course
  • Wood Fence
  • Open Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2708-00020-0005-00080-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,084

Year Built

Built in 1991

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1991
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Curtains
  • Street Number Display: 96
  • Directions: South Middlebush Road to Magellan - to the End - on the Cul De Sac
  • I D: 4620455
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Nob Hill
  • First Name: WILLIAM P.
  • First Name3: IVY
  • Last Name: ZERVOS
  • Last Name3: WEN
  • Office Phone3: 609-683-8520
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Appliances: Refrigerator, CookGas, Washer, Dishwasher, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Walk-In Closet, Whirlpool, High Ceilings
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x10
  • Living Room Dim: 18x14
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 11x5
  • Level 1 Rooms: Breakfast Room, Family Room, Kitchen, Powder Room, Foyer, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, Laundry Room, Bath Main
  • Estimated Sq Ft: 1900
  • Phone: 732-297-1100

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Wood Fence, Patio
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 160
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

Lot Info

  • Lot Size: .13 ACRES
  • Assessed Improvement Value: 279900
  • Assessed Land Value: 121200
  • Assessment: 401100
  • Easement: Unknown
  • Lot Description: Backs to Golf Course, Open Lot
  • Lot Identifier: 80
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13
  • Zoning: Single

Rental Info

  • Application Fee: 320
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9084
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00020-0005-00080-0000-
  • Tax Rate Amount: 2.265
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 30, 2016
Sold by
Savoca Joan T
Bought by
Effendy Francois and Liu Yu Tzu
Seller's Agent
William Zervos
RE/MAX DIAMOND REALTORS
Buyer's Agent
Ivy Wen
BHHS FOX & ROACH
List Price
$425,000
Sold Price
$421,500
Premium/Discount to List
-$3,500
-0.82%
Current Estimated Value
$769,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,131
Avg. Annual Appreciation
6.75%
Original Mortgage
$337,200
Interest Rate
2.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1997
Sold by
Bhattacharya Arup
Bought by
Savoca Andrew and Savoca Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7.38%

Purchase Details

Closed on
Jul 29, 1993
Sold by
Umstead George A and Umstead Geralyn M
Bought by
Battacharya Arup
Source: Public Records

Range of Values:

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Average Value
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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
Effendy Francois $421,500 None Available
Savoca Andrew $212,500 --
Battacharya Arup $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Effendy Francois $254,000
Closed Effendy Francois $337,200
Previous Owner Savoca Andrew $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $421,500 -0.8% $222 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $425,000 -- $224 / Sq Ft
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 $10,995 $743,300 $320,700 $422,600
2024 $10,995 $609,800 $320,700 $289,100
2023 $10,711 $557,300 $268,200 $289,100
2022 $10,663 $525,800 $236,700 $289,100
2021 $10,243 $464,100 $0 $0
2020 $10,247 $453,600 $0 $0
2019 $10,134 $452,300 $163,200 $289,100
2018 $9,751 $431,300 $142,200 $289,100
2017 $9,545 $411,600 $131,700 $279,900
2016 $9,503 $406,300 $126,400 $279,900
2015 $9,318 $401,100 $121,200 $279,900
2014 $9,152 $400,000 $120,100 $279,900
Source: Public Records

Agents Affiliated with this Home

  • William Zervos

    Seller's Agent in 2016

    William Zervos

    RE/MAX

    (609) 430-4222

    7 Total Sales

    William Zervos
    Section Image
  • Ivy Wen

    Buyer's Agent in 2016

    Ivy Wen

    BHHS FOX & ROACH

    (908) 208-2856

    43 Total Sales

    Ivy Wen
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3301368

Garden State MLS

APN: 08-00020-05-00080

New Jersey Somerset County Franklin Park 08823

96 Magellan Way, Franklin Park, NJ

This home is located at 96 Magellan Way, Franklin Park, NJ 08823 since 27 April 2016 and is currently estimated at $769,631, approximately $405 per square foot. This property was built in 1991. 96 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.

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