$2,212,500
SOLD JUN 6, 2024

1080 Franklin Lake Rd Franklin Lakes, NJ 07417

5 Beds
4.5 Baths
-- Sq Ft
0.86 Acres

Recently Sold

6% Below List Price

60 Days on Market

Highlights

  • Gunite Pool
  • Views to the East
  • Stairway
  • Colonial Road School Rated A-
  • Multiple Fireplaces
  • En-Suite Primary Bedroom

About This Home

As of June 2024

Prestine Center Hall Custom Colonial offers approx. 5400 SF of unsurpassed quality, style & curb appeal built for large scale entertaining both inside & out.Layout begins with a inviting marble foyer with an impressive flow & design including 10' ceilings on the main level.Formal Living Rm w/ FPL,Banquet sizeFDR.Designer kitchen(2017) features professional grade appliances, custom cabinetry & esquisite Quartz counter tops.Stunning sun drenched GRT RM w/dramatic stone fireplace & w/flloor to ceiling windows.Private library checks the box for all whom work from home.Tranquil owners suite, LUXE bathroom(2016), duel FPL and HUGE CUSTOM walk in closet.Two bedroom en-suites + 2 additional bedrooms w/Jack n Jill FBTH.Just finished(2024) walk out LL offers endless options.Resort style rear property offers,Gunite pool(2023),outdoor kitchen ,basketball area & much more.Elevator,Generator,finished 3 car heated garage,high ceiligs through out & sooo much more.Hurry this one will not last.

Last Agent to Sell the Property

Ellen Horowytz

Prominent Properties Sotheby's International Realty-Franklin Lakes

Prominent Properties Sotheby's International Realty-Franklin Lakes

Last Buyer's Agent

Sarah Caprio

Christie's International Real Estate Group-Ridgewood

Christie's International Real Estate Group-Ridgewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,650

Year Built

  • 2005

Lot Details

  • 0.86 Acre Lot
  • Irregular Lot

Parking

  • 3 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Views to the East
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Accessible Home Design

  • Stairway

Pool

  • Gunite Pool
  • Outdoor Pool

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00012 / 01107

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,650

Year Built

2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: East
  • Co List Office Phone: (201) 848-4002
  • MLS Status: Sold - Sold
  • Directions: Colonial Road to Franklin Lake Rd
  • Reso Fireplace Features: 3 Fireplaces, Gas
  • Year Built Details: 2000's,2010's,2020's,Renovated
  • PropertySubTypeAdditional: Manor
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Basement: Finished, Grd Lv Acces
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: FULL FINISHED W/WALK OUT, XTRA HIGH CEILINGS,

Exterior Features

  • Pool Features: Gunite, Heated, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: personal belongings
  • Construction Type: Stucco, Stone

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air

Schools

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

Lot Info

  • Lot Size Sq Ft: 37462.0

Tax Info

  • Tax Annual Amount: 22650.0
  • Tax Block: 01107
  • Tax Lot: 00012

MLS Schools

  • High School Text: Ramapo/Indian Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Jun 6, 2024
Sold by
Silverglate Jason L and Silverglate Allison
Bought by
Live Oak Banking Company
Seller's Agent
Ellen Horowytz
Prominent Properties Sotheby's International Realty-Franklin Lakes
Buyer's Agent
Sarah Caprio
Christie's International Real Estate Group-Ridgewood
List Price
$2,349,000
Sold Price
$2,212,500
Premium/Discount to List
-$136,500
-5.81%
Total Days on Market
60
Views
271
Current Estimated Value
$2,247,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,855
Avg. Annual Appreciation
1.68%
Original Mortgage
$1,659,000
Outstanding Balance
$1,645,093
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$602,262

Purchase Details

Listed on
Jan 11, 2024
Closed on
May 29, 2024
Sold by
Senderowicz Henry
Bought by
Silverglate Jason and Silverglate Allison
Seller's Agent
Ellen Horowytz
Prominent Properties Sotheby's International Realty-Franklin Lakes
Buyer's Agent
Sarah Caprio
Christie's International Real Estate Group-Ridgewood
List Price
$2,349,000
Sold Price
$2,212,500
Premium/Discount to List
-$136,500
-5.81%
Views
271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,659,000
Outstanding Balance
$1,645,093
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$602,262

Purchase Details

Listed on
Jan 11, 2024
Closed on
May 28, 2024
Sold by
Dealmeida Theisa Souto and Senderowicz Henry
Bought by
Senderowicz Henry
Seller's Agent
Ellen Horowytz
Prominent Properties Sotheby's International Realty-Franklin Lakes
Buyer's Agent
Sarah Caprio
Christie's International Real Estate Group-Ridgewood
List Price
$2,349,000
Sold Price
$2,212,500
Premium/Discount to List
-$136,500
-5.81%
Views
271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,659,000
Outstanding Balance
$1,645,093
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$602,262

Purchase Details

Closed on
Jun 25, 2012
Sold by
Villani Michael A and Villani Tina L
Bought by
Senderowicz Henry and Souto De Almeida Theisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 20, 1998
Sold by
Kazerani Majid and Kazerani Tonia
Bought by
Villani Michael A and Villani Tina L

Purchase Details

Closed on
Mar 11, 1994
Sold by
Skrabonja Randall
Bought by
Kazerani Majid and Kazerani Tonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
6.9%

Map

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 Type Sale Price Title Company
Warranty Deed $800,000 Prestige Title
Deed $2,212,500 Prestige Title
Deed $250,000 Prestige Title
Deed $1,290,000 --
Deed $270,000 --
Deed $226,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,659,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $300,000 Credit Line Revolving
Previous Owner $500,000 New Conventional
Previous Owner $250,000 Future Advance Clause Open End Mortgage
Previous Owner $800,000 New Conventional
Previous Owner $950,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $82,000 Future Advance Clause Open End Mortgage
Previous Owner $1,081,962 Unknown
Previous Owner $1,000,000 Unknown
Previous Owner $0 Unknown
Previous Owner $181,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $2,212,500 -5.8% --
03/11/2024 03/11/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $2,349,000 -- --
Source: New Jersey MLS

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 $22,497 $1,309,300 $424,800 $884,500
2023 $21,925 $1,300,400 $424,800 $875,600
2022 $21,925 $1,300,400 $424,800 $875,600
2021 $21,613 $1,300,400 $424,800 $875,600
2020 $21,431 $1,300,400 $424,800 $875,600
2019 $21,530 $1,311,200 $435,600 $875,600
2018 $21,307 $1,311,200 $435,600 $875,600
2017 $21,451 $1,311,200 $435,600 $875,600
2016 $21,517 $1,311,200 $435,600 $875,600
2015 $20,966 $1,306,700 $435,600 $871,100
2014 $20,541 $1,306,700 $435,600 $871,100
Source: Public Records

Source: New Jersey MLS

MLS Number: 24001080

New Jersey MLS

APN: 20-01107-0000-00012