NOT LISTED FOR SALE

267 Indian Trail Dr Franklin Lakes, NJ 07417

Estimated Value: $1,788,000 - $2,878,240

5 Beds
4 Baths
4,659 Sq Ft
$501/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $2,601,000 $558 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $14,861/month

16 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Multiple Fireplaces
  • High Mountain Road Elementary School Rated A-
  • 80,150 Sq Ft lot
  • En-Suite Primary Bedroom

About This Home

As of March 2023

Once in a lifetime opportunity to own nearly 300 feet of lakefront property on sought-after Indian Trail Drive. Breathtaking, unobstructed views of Franklin Lake from this 5 bedroom, 4 bath ranch style home. Situated on 1.84 acres in desirable West Gate of Urban Farms, close to the Indian Trail Club, Franklin Lakes Nature Preserve and all that this wonderful community has to offer. A winding private driveway leads to this mid-century style ranch. Enter into a large gallery foyer opening to the formal living room with fireplace and dining room. The kitchen opens to both the courtyard and great room, overlooking the pool and lake, with incredible views. Enter in from the pool to a laundry/mud room, full bath, guest room or office. At the opposite end of the house are 3 bedrooms, 2 full baths and an inviting master suite overlooking the lake. Imagine waking up to that view! Live in the home or build your dream house. This is the one you've been waiting for. Sold AS IS.

Last Agent to Sell the Property

Nancy Falk

Christie's International Real Estate Group-HoHoKus-Ridgewood East Listed on: 01/04/2023

Christie's International Real Estate Group-HoHoKus-Ridgewood East

Last Buyer's Agent

Tony Nabhan

Keller Williams City Views Realty

Keller Williams City Views Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,789

Lot Details

  • 1.84 Acre Lot
  • Lake Front
  • Irregular Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Crawl Space

Bedrooms and Bathrooms

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

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00005 / 02101

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,789

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Corporate
  • PropertySubType: Ranch
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: None
  • Co List Office Phone: 201-447-6100
  • Outside Inclusions: TBD
  • MLS Status: Sold - Sold
  • Directions: Franklin Lakes Road to Indian Trail
  • Reso Fireplace Features: 2 Fireplaces, Gas
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: 1 Story
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Partial, Unfinished
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: In Ground, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: TBD
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 80150.0

Tax Info

  • Tax Annual Amount: 31789.0
  • Tax Block: 02101
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Mar 23, 2023
Sold by
Ailager Realty Inc
Bought by
Wakile Richard and Wakile Katherina
Seller's Agent
Nancy Falk
Christie's International Real Estate Group-HoHoKus-Ridgewood East
Buyer's Agent
Tony Nabhan
Keller Williams City Views Realty
List Price
$2,550,000
Sold Price
$2,601,000
Premium/Discount to List
$51,000
2%
Views
45
Current Estimated Value
$2,333,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$267,690
Avg. Annual Appreciation
-3.34%
Original Mortgage
$500,000
Outstanding Balance
$487,615
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$1,906,453

Purchase Details

Closed on
Jul 8, 1995
Sold by
Falk Gerald and Falk Ellen
Bought by
Allen Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
7.7%
Source: Public Records

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
Wakile Richard $2,601,000 Sunnyside Title
Allen Evelyn $875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wakile Richard $500,000
Previous Owner Allen Evelyn $568,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $2,601,000 +2.0% $558 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $2,550,000 -- $547 / 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 $25,764 $1,434,500 $1,420,000 $14,500
2024 $33,090 $1,434,500 $1,420,000 $14,500
2023 $32,248 $1,912,700 $1,420,000 $492,700
2022 $32,248 $1,912,700 $1,420,000 $492,700
2021 $31,789 $1,912,700 $1,420,000 $492,700
2020 $31,521 $1,912,700 $1,420,000 $492,700
2019 $31,407 $1,912,700 $1,420,000 $492,700
2018 $31,081 $1,912,700 $1,420,000 $492,700
2017 $31,292 $1,912,700 $1,420,000 $492,700
2016 $31,387 $1,912,700 $1,420,000 $492,700
2015 $30,584 $1,912,700 $1,420,000 $492,700
2014 $30,068 $1,912,700 $1,420,000 $492,700
Source: Public Records

Agents Affiliated with this Home

  • Nancy Falk

    Seller's Agent in 2023

    Nancy Falk

    Christie's International Real Estate Group-HoHoKus-Ridgewood East

    (201) 294-3247

    1 in this area

    17 Total Sales

    Nancy Falk
    Section Image
  • Tony Nabhan

    Buyer's Agent in 2023

    Tony Nabhan

    Keller Williams City Views Realty

    (973) 271-1044

    20 in this area

    227 Total Sales

    Tony Nabhan
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23000238

New Jersey MLS

APN: 20-02101-02-00005

New Jersey Bergen County Franklin Lakes 07417

267 Indian Trail Dr, Franklin Lakes, NJ

This home is located at 267 Indian Trail Dr, Franklin Lakes, NJ 07417 since 04 January 2023 and is currently estimated at $2,333,310, approximately $500 per square foot. 267 Indian Trail Dr is a home located in Bergen County with nearby schools including High Mountain Road Elementary School, Franklin Avenue Middle School, and Ramapo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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