NOT LISTED FOR SALE

262 Arbor Rd Franklin Lakes, NJ 07417

Estimated Value: $1,892,000 - $2,312,000

3 Beds
3.5 Baths
2,341 Sq Ft
$875/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $1,455,000 $622 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $13,043/month

146 Days on Market

Highlights

  • Second Kitchen
  • Lake Privileges
  • Clubhouse
  • Ramapo High School Rated A
  • Colonial Architecture
  • Deck

About This Home

As of June 2016

Timeless elegance defines this recently completed center hall colonial located in Franklin Lakes, New Jersey. Traditional in style, contemporary in amenities, the best of form and function.

Last Agent to Sell the Property

Theresa Meese

PROMINENT PROPERTIES SIR Listed on: 12/18/2015

PROMINENT PROPERTIES SIR

Last Buyer's Agent

LAURA FRENCH SPADA

COLDWELL BANKER REALTY RDG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,400

Year Built

  • Built in 2014

Lot Details

  • 1 Acre Lot
  • Level Lot

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Slate Roof
  • Clapboard

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Finished Basement

Kitchen

  • Eat-In Country Kitchen
  • Second Kitchen
  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Garage Door Opener
  • Additional Parking

Outdoor Features

  • Lake Privileges
  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1120-02602-0005-00003-0000-

Community Details

Overview

  • $3,000 Other One-Time Fees

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,400

Year Built

Built in 2014

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 2014
  • Year Built Description: Approximate
  • County Name: Bergen
  • Exclusions: Master Bedroom Foyer wall sconces, downstairs refrigerator
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Bedroom 1, Dining Room, Family Room
  • Number of Fireplaces: 4
  • Appliances: Central Vacuum, CookGas, Dishwasher, Kitchen Exhaust Fan
  • Interior Amenities: Bar-Wet, High Ceilings, Cathedral Ceiling
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Kitchen, Storage Room, Laundry Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Basement
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Country Kitchen, Eat-In Kitchen, Second Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Level: First
  • Other Room 2: Library
  • Other Room2 Level: First
  • Other Room 3: Bathroom
  • Other Room3 Level: First
  • Level 1 Rooms: 1 Bedroom, Family Room, Kitchen, Foyer, Dining Room
  • Level 2 Rooms: Bath(s) Other, 2 Bedrooms, Family Room

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Deck, Patio
  • Pool Description: Association Pool
  • Roof Description: Imitation Slate

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Carport-Attached
  • Number Garage Spaces: 2
  • Parking Driveway Description: Additional Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Multi-Zone, Forced Hot Air
  • Sewer: Septic 5+ Bedroom Town Verified
  • Utilities: Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Playground, Club House, Storage, Tennis Courts, Lake Privileges
  • Association Maintenance Fee: 1925
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 3000

Lot Info

  • Lot Size: 1.00 AC
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.00

Rental Info

  • Application Fee: 3000
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 22400
  • Assessor Parcel Number: 1120-02602-0005-00003-0000-
  • Tax Rate Amount: 1.599
  • Tax Rate Tax: *
  • Tax Year Tax: *

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2015
Closed on
Jun 20, 2016
Sold by
Baglieri Paul and Baglieri Wendy
Bought by
Morrow Jason A and Morrow Rachael L
Seller's Agent
Theresa Meese
PROMINENT PROPERTIES SIR
Buyer's Agent
LAURA FRENCH SPADA
COLDWELL BANKER REALTY RDG
List Price
$1,599,900
Sold Price
$1,455,000
Premium/Discount to List
-$144,900
-9.06%
Current Estimated Value
$2,047,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,785
Avg. Annual Appreciation
3.68%
Original Mortgage
$1,164,000
Outstanding Balance
$926,716
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,121,069

Purchase Details

Closed on
Aug 28, 2009
Sold by
Holman Robert
Bought by
Baglieri Paul and Baglieri Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2007
Sold by
Exrx Kay A Hoban
Bought by
Holman Robert

Purchase Details

Closed on
Dec 18, 2002
Sold by
Hoban James W
Bought by
Hoban James W and Hoban Kay B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morrow Jason A $1,455,000 Chicago Title
Baglieri Paul $826,000 --
Holman Robert $975,000 --
Hoban James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow Jason A $1,164,000
Previous Owner Baglieri Paul $549,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2016 06/20/16 Sold $1,455,000 -9.1% $622 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
12/18/2015 12/18/15 For Sale $1,599,900 -- $683 / 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 $25,201 $1,403,200 $475,000 $928,200
2024 $24,275 $1,403,200 $475,000 $928,200
2023 $23,658 $1,403,200 $475,000 $928,200
2022 $23,658 $1,403,200 $475,000 $928,200
2021 $23,321 $1,403,200 $475,000 $928,200
2020 $23,125 $1,403,200 $475,000 $928,200
2019 $23,041 $1,403,200 $475,000 $928,200
2018 $22,802 $1,403,200 $475,000 $928,200
2017 $22,956 $1,403,200 $475,000 $928,200
2016 $23,027 $1,403,200 $475,000 $928,200
2015 $22,437 $889,500 $475,000 $414,500
2014 $13,983 $640,500 $475,000 $165,500
Source: Public Records

Agents Affiliated with this Home

  • Theresa Meese

    Seller's Agent in 2016

    Theresa Meese

    PROMINENT PROPERTIES SIR

    (201) 819-5763

    22 in this area

    64 Total Sales

    Theresa Meese
    Section Image

  • L

    Buyer's Agent in 2016

    LAURA FRENCH SPADA

    COLDWELL BANKER REALTY RDG

See All Agents

Map

Source: Garden State MLS

MLS Number: 3271981

Garden State MLS

APN: 20-02602-05-00003

New Jersey Bergen County Franklin Lakes 07417

262 Arbor Rd, Franklin Lakes, NJ

Not Listed for Sale

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