NOT LISTED FOR SALE

1085 Franklin Lake Rd Franklin Lakes, NJ 07417

Estimated Value: $3,042,035 - $4,063,000

6 Beds
8.5 Baths
-- Sq Ft
1.78 Acres

Last Sold January 29, 2016

Last sale price $2,600,000

Est. 37% increase in value since last sale

Current estimated payment $22,827/month

33 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • 1.78 Acre Lot
  • Colonial Road School Rated A-
  • Custom Home
  • Maid or Guest Quarters

About This Home

As of January 2016

Majestic custom manor home built in 2006, rich in exquisite architectural detail. A dramatic two story entry foyer with double bridal staircase; great room and family rooms allow for all your entertaining desires; gourmet kitchen with oversized dining room, butler's pantry; 6 bedrooms; 8 full/1 half baths; high end gourmet kitchen, spectacular mahogany library; 4 car heated garage; 3 fireplaces; finished lower level with 9 ft ceilings, wet bar, sauna, full bath. Perfect for elegant entertaining and/or casual living. A must see for the discerning buyer!

Last Agent to Sell the Property

JEFF VANDER MOLEN

TERRIE O'CONNOR REALTORS Listed on: 09/18/2015

Co-Listed By

CATHERINE M. WARNET

KELLER WILLIAMS VILLAGE SQUARE

Last Buyer's Agent

Lali Nanidzhanyan

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,054

Year Built

  • Built in 2006

Lot Details

  • 1.78 Acre Lot

Parking

  • 4 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Custom Home
  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • 3 Fireplaces
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Library
  • Home Gym
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Outbuilding

Utilities

  • Zoned Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 1120-01205-0000-00006-0002-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,054

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 2006
  • Year Built Description: Approximate
  • County Name: Bergen
  • Exclusions: All personal furnishings
  • Street Number Display: 1085
  • Directions: Colonial Rd right onto Franklin Lakes Rd.
  • I D: 4570817
  • Modified: 2021-09-23
  • Number Images: 23
  • First Name: JEFF
  • First Name2: CATHERINE M.
  • First Name3: LALI
  • Last Name: VANDER MOLEN
  • Last Name2: WARNET
  • Last Name3: NANIDZHANYAN
  • Office Phone: 2012902103
  • Office Phone2: 291839
  • Office Phone3: 201-848-4002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Ceramic Tile, Marble, Wood
  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Range/Oven-Gas, Refrigerator, Dishwasher, Kitchen Exhaust Fan, Microwave Oven
  • Interior Amenities: Cathedral Ceiling, Fire Extinguisher, Bar-Wet, High Ceilings, Smoke Detector, Blinds, Security System, Carbon Monoxide Detector
  • Number Rooms: 15
  • Bedrooms: 6
  • Master Bedroom Desc: Fireplace, Full Bath, Walk-In Closet
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 8.10
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Basement Level Rooms: Bath(s) Other, Exercise Room, Media Room, Den, Inside Entrance, Outside Entrance
  • Dining Area: Formal Dining Room
  • In Law Suite: Yes
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Level 1 Rooms: Foyer, Library, Great Room, Living Room, Family Room, Kitchen, Maid Quarters, Dining Room, Laundry Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Ground Level Rooms: 1 Bedroom, Dining Room, Foyer, Kitchen, Bath(s) Other, Great Room, Laundry Room, Family Room
  • Phone: 201-891-0100

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Barbeque, Outbuilding(s), Patio
  • Pool: Yes
  • Pool Description: In-Ground Pool, Heated
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 4
  • Parking Driveway Description: Circular

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 1.78 AC
  • Assessed Improvement Value: 2168500
  • Assessed Land Value: 506700
  • Assessment: 2675200
  • Lot Identifier: 6.2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.78

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 42054
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-01205-0000-00006-0002-
  • 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
Sep 18, 2015
Closed on
Jan 29, 2016
Sold by
Sabido Gloria and Sabido Benjamin
Bought by
Patel Dilip and Patel Maya
Seller's Agent
JEFF VANDER MOLEN
TERRIE O'CONNOR REALTORS
Buyer's Agent
Lali Nanidzhanyan
PROMINENT PROPERTIES SIR
List Price
$2,695,000
Sold Price
$2,600,000
Premium/Discount to List
-$95,000
-3.53%
Total Days on Market
33
Current Estimated Value
$3,574,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$974,509
Avg. Annual Appreciation
3.92%
Original Mortgage
$1,500,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2008
Sold by
Baumberg David
Bought by
Sabido Gloria and Sabido Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2004
Sold by
Rybak Stanislav
Bought by
Baumberg David

Purchase Details

Closed on
Jan 3, 1997
Sold by
Tahan Raymond
Bought by
Rybak Stanislav and Ivanova Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
7.36%
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
Patel Dilip $2,600,000 Attorney
Sabido Gloria $3,050,000 --
Baumberg David $860,000 --
Rybak Stanislav $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Dilip P $1,400,000
Closed Patel Dilip $1,500,000
Previous Owner Sabido Gloria $1,600,000
Previous Owner Sabido Gloria $1,900,000
Previous Owner Baumberg David $250,000
Previous Owner Rybak Stanislav $149,000
Previous Owner Rybak Stanislav $311,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $2,600,000 -3.5% --
10/21/2015 10/21/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $2,695,000 -- --
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 $46,281 $2,675,200 $506,700 $2,168,500
2023 $45,104 $2,675,200 $506,700 $2,168,500
2022 $45,104 $2,675,200 $506,700 $2,168,500
2021 $44,462 $2,675,200 $506,700 $2,168,500
2020 $44,087 $2,675,200 $506,700 $2,168,500
2019 $43,927 $2,675,200 $506,700 $2,168,500
2018 $43,472 $2,675,200 $506,700 $2,168,500
2017 $43,766 $2,675,200 $506,700 $2,168,500
2016 $43,900 $2,675,200 $506,700 $2,168,500
2015 $42,776 $2,675,200 $506,700 $2,168,500
2014 $42,054 $2,675,200 $506,700 $2,168,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3255874

Garden State MLS

APN: 20-01205-0000-00006-02