NOT LISTED FOR SALE

251 S Franklin Turnpike Ramsey, NJ 07446

Estimated Value: $941,000 - $1,139,959

4 Beds
3 Baths
1,939 Sq Ft
$531/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $925,000 $477 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,160/month

20 Days on Market

Highlights

  • Lake Front
  • Multiple Fireplaces
  • Central Air
  • Ramsey High School Rated A
  • En-Suite Primary Bedroom
  • Rectangular Lot

About This Home

As of October 2022

Vacation home or primary home? The entrance is deceiving, but you can have it both ways w/this magnificent lakefront view, located in Ramsey Golf & Country Club! Upon entering this arts & crafts style custom ranch, you are immediately taken back by the attention to detail in every room. Custom woodwork throughout, soaring ceilings, updated bathrooms & a cook's kitchen, nothing was left to chance. Picture yourself sipping coffee in front of a wall of windows, overlooking Crystal Lake. It's hard to believe you are in the heart of town. On the main level, you will find the entry foyer, LR, kitchen & primary suite plus 2 BR's, full bath & bonus room/loft accessed by a spiral staircase. Downstairs is a 4th BR w/full bath, laundry plus den w/walk out doors to a bluestone patio, sprawling yard & lake where you can toast the sunsets. This is resort-style living, w/access to 18-hole golf, brand new pool, platform tennis & all that thriving downtown Ramsey has to offer. Membership req'd.

Last Agent to Sell the Property

Kristine Tedesco Grieco

Terrie O'Connor Realtors-Main St. Listed on: 08/05/2022

Terrie O'Connor Realtors-Main St.

Co-Listed By

Donna Doherty

Terrie O'Connor Realtors-Main St.

Last Buyer's Agent

Akram Tadrous

America's Elite Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,170

Lot Details

  • 0.38 Acre Lot
  • Lake Front
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00009 / 05207

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,170

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Ranch
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-934-0600
  • MLS Status: Sold - Sold
  • Directions: Franklin Turnpike across from Abbey Court
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 1950's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Lake Front
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Shingle Siding, Stone

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 16509.0

Tax Info

  • Tax Annual Amount: 16170.0
  • Tax Block: 05207
  • Tax Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Sep 29, 2022
Sold by
Varas Monica
Bought by
Bekheet Marian Awad and Bekheet Raymond
Seller's Agent
Kristine Tedesco Grieco
Terrie O'Connor Realtors-Main St.
Buyer's Agent
Akram Tadrous
America's Elite Group LLC
List Price
$849,000
Sold Price
$925,000
Premium/Discount to List
$76,000
8.95%
Current Estimated Value
$1,029,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,740
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Dec 4, 2009
Sold by
Kilstein Neil I
Bought by
Varas Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Bekheet Marian Awad $925,000 --
Varas Monica $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varas Monica $97,975
Previous Owner Varas Monica $395,500
Previous Owner Blayer Albert R $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $925,000 +9.0% $477 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $849,000 -- $438 / Sq Ft
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
2025 $18,605 $937,900 $352,400 $585,500
2024 $18,045 $659,300 $242,000 $417,300
2023 $16,504 $659,300 $242,000 $417,300
2022 $16,504 $629,200 $242,000 $387,200
2021 $16,315 $629,200 $242,000 $387,200
2020 $16,170 $629,200 $242,000 $387,200
2019 $13,664 $555,900 $242,000 $313,900
2018 $13,325 $555,900 $242,000 $313,900
2017 $13,075 $555,900 $242,000 $313,900
2016 $12,713 $555,900 $242,000 $313,900
2015 $12,182 $451,000 $228,400 $222,600
2014 $11,974 $451,000 $228,400 $222,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22029328

New Jersey MLS

APN: 48-05207-0000-00009