NOT LISTED FOR SALE

224 Franklin Rd Denville, NJ 07834

Estimated Value: $420,000 - $484,371

3 Beds
2 Baths
876 Sq Ft
$520/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $320,000 $365 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,030/month

48 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Corner Lot
  • Lakeview Elementary School Rated A-
  • Attic
  • Workshop

About This Home

As of May 2020

Welcome to Indian Lake! Enjoy the laidback lake lifestyle - three beaches, playgrounds, fishing, boating, community clubhouse (membership optional) , clubs and year-round social activities. Cozy ranch in sought after Indian lake community features 3 bedrooms, 2 baths and a finished basement. Walk-out basement offers loads of storage, laundry room, workshop and living + entertaining area. Eat-in kitchen includes an abundance of cabinet storage + countertop space. A large bay window drenches the main living area with beautiful natural light. Level, private backyard includes playset and storage shed. Walk a block down South Shore to boat access + playground. Minutes from downtown shopping and dining. Easy access to NYC train/buses for commuters. Top Rated Schools.

Last Agent to Sell the Property

Brandie Brojan

COMPASS NEW JERSEY, LLC Listed on: 03/11/2020

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Maureen Falconer-Taylor

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,881

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $11 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Ventless Fireplace
  • Family Room with Fireplace
  • Living Room
  • Workshop
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Attached Carport

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Lakeview Elementary School
  • Valleyview Middle School
  • Morrisknol High School

Utilities

  • Window Unit Cooling System
  • Standard Electricity
  • Electric Water Heater

Community Details

  • Association fees include maintenance-common area

Listing and Financial Details

  • Assessor Parcel Number 2308-40503-0000-00111-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,881

Year Built

Built in 1954

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1954
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 224
  • Directions: Franklin Road to South Shore. Driveway + Parking on South Shore.
  • I D: 4968399
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: INDIAN LAKE
  • First Name: BRANDIE P.
  • First Name3: MAUREEN
  • Last Name: BROJAN
  • Last Name3: FALCONER
  • Office Phone3: 973-598-1008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum, Wood
  • Fireplace Description: Family Room, Gas Ventless
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 10
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Basement Level Rooms: Bath(s) Other, Family Room, Laundry Room, Outside Entrance, Workshop
  • Family Room Level: Basement
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 13x12
  • Kitchen Level: First
  • Living Room Dim: 16x12
  • Living Room Level: First
  • Other Room 1: Workshop
  • Other Room1 Dim: 10x10
  • Other Room1 Level: Basement
  • Other Room 2: Laundry Room
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Kitchen, Living Room
  • Level 2 Rooms: Attic
  • Phone: 888-501-6953

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Carport-Attached
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Attic Fan, Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Maintenance Fee: 135
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

Schools

  • Elementary School: Lakeview
  • Middle School: ValleyView
  • High School: MorrisKnol
  • High School: MorrisKnol
  • Middle Jr High School: ValleyView

Lot Info

  • Lot Size: .178 AC
  • Assessed Improvement Value: 109000
  • Assessed Land Value: 127600
  • Assessment: 236600
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 111
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5881
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2308-40503-0000-00111-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.486
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Lakeview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 27, 2020
Sold by
Aitchison Michael and Aitchison Lauren
Bought by
Forte John and Isabelle Leanne
Seller's Agent
Brandie Brojan
COMPASS NEW JERSEY, LLC
Buyer's Agent
Maureen Falconer-Taylor
COMPASS NEW JERSEY, LLC
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%
Current Estimated Value
$455,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,343
Avg. Annual Appreciation
6.92%
Original Mortgage
$314,204
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 2011
Sold by
Selle David M and Selle Susan P
Bought by
Aitchison Michael and Aitchison Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2003
Sold by
Selle Dave
Bought by
Selle Dave and Selle Susan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Forte John $320,000 Chicago Title Insurance Co
Aitchison Michael $265,000 Multiple
Selle Dave -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foret John $314,228
Closed Forte John $314,204
Previous Owner Aitchison Michael $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $320,000 -8.6% $365 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $350,000 -- $400 / 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 $6,521 $236,600 $127,600 $109,000
2024 $6,258 $236,600 $127,600 $109,000
2023 $6,258 $236,600 $127,600 $109,000
2022 $5,993 $236,600 $127,600 $109,000
2021 $5,993 $236,600 $127,600 $109,000
2020 $5,943 $236,600 $127,600 $109,000
2019 $5,882 $236,600 $127,600 $109,000
2018 $5,827 $236,600 $127,600 $109,000
2017 $5,780 $236,600 $127,600 $109,000
2016 $5,645 $236,600 $127,600 $109,000
2015 $5,661 $181,500 $101,800 $79,700
2014 $5,548 $181,500 $101,800 $79,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3623056

Garden State MLS

APN: 08-40503-0000-00111