Seller's Agent in 2021
Michele DeStefano
EXP Realty, LLC - Wyckoff
(201) 429-0399
2 in this area
107 Total Sales
304 Locust Ct Franklin Lakes, NJ 07417
Estimated Value: $1,890,890 - $2,124,000
5
Beds
5
Baths
5,139
Sq Ft
$393/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Views to the East
- Cul-De-Sac
- Colonial Road School Rated A-
- Multiple Fireplaces
- Stairway
About This Home
As of November 2021This Stunning 1.3+ acre resort-like property is located at the end of a cul-de-sac in Prestigious Franklin Lakes! Boasting a Private, Beautifully Landscaped expansive yard, including a new Heated Gunite Pool and Spa off to one side in a serene setting, highlighted by landscape lighting. Pool and sound are all completely operated by remote control, ready for entertaining. The home is a 5100+ SF (per the tax records) Renovated Center Hall Colonial with high ceilings and large 2 Story Foyer, Formal Living Room, Dining Room, New Kitchen w/Island, Quartz Countertops, Top of the line Appliances, Bar Area/Butler's Pantry off the Kitchen, Deck, 2 Story Great Room w/fireplace, Office/Den, Guest Ensuite Bedroom. Upstairs 4 large bedrooms including the Master Suite, set privately away, sitting room, fireplace and 2 WICs. Finished Walk-out Basement to patio and yard. 3 Car Garage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,496
Year Built
- 1995
Lot Details
- 1.34 Acre Lot
- Cul-De-Sac
Parking
- 3 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- Multiple Fireplaces
- Views to the East
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Accessible Home Design
- Stairway
Pool
- Heated In Ground Pool
- Gunite Pool
- Outdoor Pool
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00019 / 01201
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2021
Closed on
Nov 15, 2021
Sold by
Eraiba Magda
Bought by
Hilt John and Hilt Nadia
Seller's Agent
Michele DeStefano
EXP Realty, LLC - Wyckoff
Buyer's Agent
Jeffrey Ettinger
Coldwell Banker, Montclair
List Price
$1,800,000
Sold Price
$1,680,000
Premium/Discount to List
-$120,000
-6.67%
Total Days on Market
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,723
Avg. Annual Appreciation
5.31%
Original Mortgage
$1,344,000
Outstanding Balance
$1,244,400
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$774,323
Purchase Details
Listed on
Apr 10, 2018
Closed on
Jun 29, 2018
Sold by
Us Bank Na
Bought by
Eraiba Magda
Seller's Agent
Michele DeStefano
EXP Realty, LLC - Wyckoff
Buyer's Agent
Dominic Battista
Christie's International Real Estate Group-Franklin Lakes
List Price
$1,275,000
Sold Price
$999,625
Premium/Discount to List
-$275,375
-21.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.87%
Original Mortgage
$799,700
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 2007
Sold by
Thimel Kenneth M
Bought by
Eckhardt Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
6.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 1995
Sold by
Moritz & Company Inc
Bought by
Thimmel Ken and Thimmel Lori
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.32%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hilt John | $1,680,000 | Ridge Title Agency Llc | |
| Eraiba Magda | $999,625 | -- | |
| Eckhardt Peter | $2,100,000 | -- | |
| Thimmel Ken | $750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hilt John | $1,344,000 | |
| Previous Owner | Eraiba Magda | $772,000 | |
| Previous Owner | Eraiba Magda | $799,700 | |
| Previous Owner | Eckhardt Peter | $210,000 | |
| Previous Owner | Eckhardt Peter | $1,470,000 | |
| Previous Owner | Thimmel Kenneth | $543,900 | |
| Previous Owner | Thimmel Ken | $550,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2021 11/17/21 | Sold | $1,680,000 | -6.7% | $327 / Sq Ft |
| 10/01/2021 10/01/21 | Pending | -- | -- | -- |
| 08/25/2021 08/25/21 | For Sale | $1,800,000 | +80.1% | $350 / Sq Ft |
| 07/19/2018 07/19/18 | Sold | $999,625 | -21.6% | $195 / Sq Ft |
| 06/07/2018 06/07/18 | Pending | -- | -- | -- |
| 04/10/2018 04/10/18 | For Sale | $1,275,000 | -- | $248 / Sq Ft |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $20,983 | $1,212,900 | $484,500 | $728,400 |
| 2023 | $20,449 | $1,212,900 | $484,500 | $728,400 |
| 2022 | $20,450 | $1,212,900 | $484,500 | $728,400 |
| 2021 | $19,414 | $1,168,100 | $484,500 | $683,600 |
| 2020 | $19,250 | $1,168,100 | $484,500 | $683,600 |
| 2019 | $20,822 | $1,268,100 | $484,500 | $783,600 |
| 2018 | $20,607 | $1,268,100 | $484,500 | $783,600 |
| 2017 | $20,746 | $1,268,100 | $484,500 | $783,600 |
| 2016 | $20,810 | $1,268,100 | $484,500 | $783,600 |
| 2015 | $20,277 | $1,268,100 | $484,500 | $783,600 |
| 2014 | $19,935 | $1,268,100 | $484,500 | $783,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michele DeStefano
-
Jeffrey Ettinger
J
Buyer's Agent in 2021
Jeffrey Ettinger
Coldwell Banker, Montclair
(973) 521-0524
1 in this area
15 Total Sales
-
Dominic Battista
D
Buyer's Agent in 2018
Dominic Battista
Christie's Real Estate Northern NJ
(201) 926-0531
1 in this area
3 Total Sales
Map
Source: New Jersey MLS
MLS Number: 21034731
APN: 20-01201-03-00019
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.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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