NOT LISTED FOR SALE

226 Terrace Rd Franklin Lakes, NJ 07417

Estimated Value: $2,689,000 - $5,864,000

6 Beds
7 Baths
7,596 Sq Ft
$516/Sq Ft Est. Value

Last Sold May 04, 2012

Last sale price $4,250,000 $560 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $25,604/month

About This Home

As of May 2012

This home is located at 226 Terrace Rd, Franklin Lakes, NJ 07417 since 04 May 2012 and is currently estimated at $3,917,992, approximately $515 per square foot. This property was built in 2006. 226 Terrace Rd is a home located in Bergen County with nearby schools including Colonial Road School, Franklin Avenue Middle School, and Ramapo High School.

Last Agent to Sell the Property

Mary Premtaj

COMPASS NEW JERSEY LLC Brokerage Phone: 201-848-4002 Listed on: 05/04/2012

COMPASS NEW JERSEY LLC

Last Buyer's Agent

Mary Premtaj

COMPASS NEW JERSEY LLC Brokerage Phone: 201-848-4002 Listed on: 05/04/2012

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,336

Year Built

  • 2006

Lot Details

  • 1.93 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,336

Year Built

2006

Lot Details

0

Listing Details

  • County Name: Bergen
  • Street Number Display: 226
  • I D: 4207054
  • Modified: 2013-05-05
  • Number Images: 1
  • Attribution Contact: 201-848-4002
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Bedrooms: 6
  • Bathrooms: 6.20

Lot Info

  • Lot Size: 1.93 AC
  • Total Acres: 1.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2021
Sold by
Latsos Thomas and Latsos Alison Oshea
Bought by
Latsos Alison Oshea and Latsos Alison
Total Days on Market
0
Current Estimated Value
$3,917,992

Purchase Details

Closed on
Nov 1, 2013
Sold by
Schmit Mark
Bought by
Latsos Thomas and Latsos Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,500
Outstanding Balance
$470,196
Interest Rate
4.35%
Mortgage Type
Unknown
Estimated Equity
$3,585,769

Purchase Details

Listed on
May 4, 2012
Closed on
May 4, 2012
Sold by
Kulick Lance M and Kulick Hillary D
Bought by
Latsos Thomas and O'Shea Latsos Alison
Seller's Agent
Mary Premtaj
COMPASS NEW JERSEY LLC
Buyer's Agent
Mary Premtaj
COMPASS NEW JERSEY LLC
Sold Price
$4,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.36%
Original Mortgage
$2,550,000
Interest Rate
4.01%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 14, 2003
Sold by
Hollingsworth John
Bought by
Kulick Lance and Kulick Hillary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.98%
Source: Public Records

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 Buyer Sale Price Title Company
Latsos Alison Oshea -- None Available
Latsos Thomas $15,000 --
Latsos Thomas $4,250,000 --
Kulick Lance $1,027,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latsos Thomas $616,500
Previous Owner Latsos Thomas $2,550,000
Previous Owner Kulick Lance M $1,400,000
Previous Owner Kulick Lance M $1,465,000
Previous Owner Kulick Lance $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2012 05/04/12 Sold $4,250,000 -- $560 / 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
2024 $44,336 $2,562,800 $599,800 $1,963,000
2023 $43,209 $2,562,800 $599,800 $1,963,000
2022 $43,209 $2,562,800 $599,800 $1,963,000
2021 $42,594 $2,562,800 $599,800 $1,963,000
2020 $42,235 $2,562,800 $599,800 $1,963,000
2019 $42,081 $2,562,800 $599,800 $1,963,000
2018 $41,646 $2,562,800 $599,800 $1,963,000
2017 $41,927 $2,562,800 $599,800 $1,963,000
2016 $42,056 $2,562,800 $599,800 $1,963,000
2015 $40,979 $2,562,800 $599,800 $1,963,000
2014 $39,945 $2,541,000 $578,000 $1,963,000
Source: Public Records

Agents Affiliated with this Home

  • Mary Premtaj

    Seller's Agent in 2012

    Mary Premtaj

    COMPASS NEW JERSEY LLC

    (201) 410-8022

    69 in this area

    158 Total Sales

    Mary Premtaj
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Map

Source: Garden State MLS

MLS Number: 2916546

Garden State MLS

APN: 20-01207-0000-00021

New Jersey Bergen County Franklin Lakes 07417

226 Terrace Rd, Franklin Lakes, NJ

This home is located at 226 Terrace Rd, Franklin Lakes, NJ 07417 since 04 May 2012 and is currently estimated at $3,917,992, approximately $515 per square foot. This property was built in 2006. 226 Terrace Rd is a home located in Bergen County with nearby schools including Colonial Road School, Franklin Avenue Middle School, and Ramapo High School.

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