NOT LISTED FOR SALE

21 Shinnecock Trail Franklin Lakes, NJ 07417

Estimated Value: $3,300,091 - $4,836,000

5 Beds
8 Baths
-- Sq Ft
3.58 Acres

Last Sold February 16, 2021

Last sale price $3,425,000

Est. 22% increase in value since last sale

Current estimated payment $28,142/month

113 Days on Market

Highlights

  • 155,858 Sq Ft lot
  • Views to the East
  • Property is near a park
  • Colonial Road School Rated A-
  • Contemporary Architecture
  • Fireplace

About This Home

As of February 2021

California living in the beautiful Northeast. Magnificent modern masterpiece set on 3.57 gated acres affording reservoir, mountain & sunset views. Expansive open floor plan with recently refinished ash floors, tremendous ceiling height, floor to ceiling windows & doors that open to the breathtaking Mediterranean-style courtyards and loggias surrounding this Villa. Luxurious spa with an outstanding 40 ft indoor pool, hot tub, adjacent fitness center, sauna and two dressing rooms with showers. The unparalleled custom library/office is equipped with wet bar, fireplace, private terrace and houses 8,000 volumes! A first floor guest suite and 4 other bedrooms include the master suite retreat with a wall of glass that opens onto the 60' sun terrace, custom closets, dressing area and 2 full baths that open to a covered veranda. The awe-inspiring architecture was designed to enhance an indoor-outdoor living experience creating a sanctuary while conveniently located 30 min from NYC.

Last Listed By

Christine Frosini

Prominent Properties Sotheby's International Realty-Saddle River Listed on: 10/05/2020

Prominent Properties Sotheby's International Realty-Saddle River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,208

Year Built

  • 1988

Lot Details

  • 3.58 Acre Lot
  • Rectangular Lot
  • Sprinkler System

Property Views

  • Views to the East
  • Views to the West

Home Design

  • Built in the 1990s
  • Contemporary Architecture
  • Stucco Exterior

Interior Spaces

  • Fireplace
  • Crawl Space
  • Intercom

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas
  • Septic System

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 0220011060005000070001

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,208

Year Built

1988

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Contemporary
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, Extended Family
  • Miscellaneous: Hdwd As In, Intercom, Security, Sprinklers, WW/Carpet As In
  • Views/Exposure: East, Sunset, West
  • Year Built (Public Record): 1990's, 2010's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 12
  • Fireplace: 3 Fireplaces
  • Bedrooms: 5
  • Total Bathrooms: 5.30
  • Primary Bathroom: Y
  • Full Bathrooms: 5
  • Partial Bathroom: 3
  • Basement: Crawlspace
  • Basement: 2ND: 2 WALK-IN CLOSETS/2 TERRACES
  • Items Not Included: SEE LISTING BROKER
  • Items Included: SEE LISTING BROKER

Exterior Features

  • Exterior: Mason/stucco
  • Waterfront: None

Garage/Parking

  • Garage: 3+car Garage

Utilities

  • Heating: Baseboard, Gas, Hot Water
  • Sewer: Septic
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Schools

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

Lot Info

  • County Name: BERGEN
  • Locale: 600
  • Lot: 00007
  • Lot Description: Regular
  • Lot Dimensions: 3.578 ACRES
  • Estimated Lot Sq Ft: 155858
  • Lot Suffux: 0001

Tax Info

  • Tax: 55208
  • Assessor Parcel Number: 0220011060005000070001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Mbe Capital Partners Llc
Bought by
Republic Holdings Llc
Total Days on Market
113
Current Estimated Value
$4,164,773

Purchase Details

Listed on
Oct 5, 2020
Closed on
Feb 6, 2021
Sold by
Carrillo Jose Gabriel Arreaga and Reyes Arlen Angelica
Bought by
Mbe Capital Partners Llc
Seller's Agent
Christine Frosini
Prominent Properties Sotheby's International Realty-Saddle River
Buyer's Agent
Juanita Harris
Liberty Realty, LLC/Hoboken 1
List Price
$3,650,000
Sold Price
$3,425,000
Premium/Discount to List
-$225,000
-6.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%

Purchase Details

Listed on
Feb 27, 2018
Closed on
Dec 7, 2018
Sold by
Sher Benjamin A and Sher Susan
Bought by
Arreaga-Carrillo Jose G and Reyes Arlen A
Seller's Agent
Christine Frosini
Prominent Properties Sotheby's International Realty-Saddle River
Buyer's Agent
Michael Randy
Coldwell Banker, Allendale/Saddle River Valley
List Price
$4,599,000
Sold Price
$3,350,000
Premium/Discount to List
-$1,249,000
-27.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%

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
Republic Holdings Llc -- Old Republic Title
Mbe Capital Partners Llc $3,425,000 First American Title
Arreaga-Carrillo Jose G $3,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Republic Holdings Llc $10,000,000
Previous Owner Sher Benjamin $719,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $3,425,000 -6.2% --
01/26/2021 01/26/21 Pending -- -- --
10/05/2020 10/05/20 For Sale $3,650,000 +9.0% --
12/10/2018 12/10/18 Sold $3,350,000 -27.2% --
10/26/2018 10/26/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $4,599,000 -- --
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 $57,955 $3,350,000 $889,900 $2,460,100
2023 $56,481 $3,350,000 $889,900 $2,460,100
2022 $56,481 $3,350,000 $889,900 $2,460,100
2021 $79,637 $3,350,000 $889,900 $2,460,100
2020 $55,208 $3,350,000 $889,900 $2,460,100
2019 $79,637 $4,850,000 $889,900 $3,960,100
2018 $78,813 $4,850,000 $889,900 $3,960,100
2017 $79,346 $4,850,000 $889,900 $3,960,100
2016 $79,589 $4,850,000 $889,900 $3,960,100
2015 $77,552 $4,850,000 $889,900 $3,960,100
2014 $76,242 $4,850,000 $889,900 $3,960,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20041828

New Jersey MLS

APN: 20-01106-05-00007-01