NOT LISTED FOR SALE

1077 Franklin Lake Rd Franklin Lakes, NJ 07417

Estimated Value: $1,219,869 - $1,556,000

5 Beds
3.5 Baths
-- Sq Ft
0.75 Acres

Last Sold July 08, 2022

Last sale price $1,100,000

Est. 25% increase in value since last sale

Current estimated payment $8,935/month

55 Days on Market

Highlights

  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Colonial Road School Rated A-
  • Central Air
  • Rectangular Lot

About This Home

As of July 2022

Welcome to this beautifully appointed CH Colonial that has been expanded & completely updated in recent yrs. Upon entering, you will notice the extensive hand-crafted millwork & gleaming hardwood floors. The chef's kitchen has custom wood cabinetry, stainless steel appliances, radiant heated flooring & a large center island w/ breakfast bar & granite counters. The family rm w/ fireplace opens into the expansive Great Rm making it ideal for large gatherings. The MBR suite has cath ceil/gas fpl/sitting rm/office & luxury bath w/ radiant heat. The full, finished basement provides another level of entertaining space w/a large rec rm w/wet bar & a full gym. The park like back yard has a large patio & gazebo w/ built in bbq-perfect for outside gatherings! There is also a guest br w/ private bath on 1st flr, a generator, security syst, central vac, & a gated front entry w/ paver driveway & walkways and so much more.

Last Agent to Sell the Property

John Kuhn

Christie's International Real Estate Group-Franklin Lakes Listed on: 04/15/2022

Christie's International Real Estate Group-Franklin Lakes

Last Buyer's Agent

Fedaa Jerai

Modern Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,356

Year Built

  • 1969

Lot Details

  • 0.75 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Colonial Elementary School
  • Franklin Ave Middle School
  • Ramapo/Indian Hills High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 00006 / 01205

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,356

Year Built

1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: Sunset
  • Co List Office Phone: 201-904-2085
  • Outside Inclusions: washer,dryer,2 refrig,gym equipt,pool tbl
  • MLS Status: Sold - Sold
  • Directions: Franklin Lake rd just north of colonial rd
  • Reso Fireplace Features: 2 Fireplaces, Gas
  • Year Built Details: 1960's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built (Public Record): 1969

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Full, Finished, Rec Rm/bar, Gym, utilities

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Stone Faced, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Hot Water, Zoned, Radiant

Schools

  • Elementary School: colonial
  • High School: Ramapo/Indian Hills
  • Middle Or Junior School: Franklin Ave M.S.
  • Elementary: colonial

Lot Info

  • Lot Dimensions: .75 acre
  • Lot Size Sq Ft: 32670.0

Tax Info

  • Tax Annual Amount: 14356.0
  • Tax Block: 01205
  • Tax Lot: 00006

MLS Schools

  • High School Text: Ramapo/Indian Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jul 7, 2022
Sold by
Sing Chen Michael and Sing Shelly
Bought by
Elbedewe Sherief and Elbedewe Ahlam
Seller's Agent
John Kuhn
Christie's International Real Estate Group-Franklin Lakes
Buyer's Agent
Fedaa Jerai
Modern Realty Group
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Total Days on Market
55
Current Estimated Value
$1,371,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,967
Avg. Annual Appreciation
7.94%
Original Mortgage
$726,000
Outstanding Balance
$699,255
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$672,712

Purchase Details

Closed on
Jun 12, 2012
Sold by
Cano Joseph F and Cano Andrea
Bought by
Chen Michael Sing and Chen Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2002
Sold by
March Patricia
Bought by
Cano Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.58%
Source: Public Records

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Range of Values:

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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
Elbedewe Sherief $1,100,000 American Land Title
Chen Michael Sing $999,999 --
Cano Joseph F $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elbedewe Sherief $726,000
Previous Owner Chen Michael Sing $300,000
Previous Owner Cano Joseph F $555,000
Previous Owner Cano Joseph F $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $1,100,000 -7.9% --
06/09/2022 06/09/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $1,195,000 -- --
Source: New Jersey 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 $15,070 $871,100 $391,500 $479,600
2023 $14,687 $871,100 $391,500 $479,600
2022 $14,687 $871,100 $391,500 $479,600
2021 $14,478 $871,100 $391,500 $479,600
2020 $14,356 $871,100 $391,500 $479,600
2019 $14,303 $871,100 $391,500 $479,600
2018 $14,155 $871,100 $391,500 $479,600
2017 $14,251 $871,100 $391,500 $479,600
2016 $14,295 $871,100 $391,500 $479,600
2015 $13,929 $871,100 $391,500 $479,600
2014 $13,694 $871,100 $391,500 $479,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22012797

New Jersey MLS

APN: 20-01205-0000-00006-03