NOT LISTED FOR SALE

316 Indian Trail Dr Franklin Lakes, NJ 07417

Estimated Value: $2,268,000 - $3,494,000

6 Beds
7.5 Baths
6,888 Sq Ft
$452/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $3,000,000 $436 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $20,815/month

83 Days on Market

Highlights

  • Heated In Ground Pool
  • Multiple Fireplaces
  • Central Air
  • Colonial Road School Rated A-
  • En-Suite Primary Bedroom
  • Baseboard Heating

About This Home

As of May 2023

2005 all brick manor by L & L builders is ready to move in. No expense spared on a premier lot backed by preserved land on multi-million $ sought after street. State of the art finishings including reclaimed French limestone foyer entry, circular stairs, cherry floors, coffered ceilings, and fabulous upgrades including kitchen, baths, master bedroom closets, and amenities too numerous to list. The exterior grounds are beautifully landscaped, and offer a koi pond, potting shed, inground heated pool, cabana and pergola. 4 car garage. Pool is separately fenced and surrounded by brick stanchions. Great floorplan for working remotely and entertaining.

Last Agent to Sell the Property

Vicki Gaily

Special Properties, Division Brook Hollow Group, Inc. Listed on: 01/17/2023

Last Buyer's Agent

Taylor Lucyk

Christie's International Real Estate Group-Paramus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,912

Lot Details

  • 1.28 Acre Lot
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Schools

  • Colonial Road Elementary School
  • Franklin Ave Middle School
  • Ramapo/Indian Hills High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00013 / 01110

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,912

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (201) 934-8100
  • Outside Inclusions: Lighting, appls, window treats, pool equipmen
  • MLS Status: Sold - Sold
  • Directions: Off Franklin Lake Road
  • Reso Fireplace Features: 4 Fireplaces
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Manor
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Primary Bathroom: Yes
  • Basement Remarks: Large FR/rec room/fpl/bath, 2 playrooms,, media area.

Exterior Features

  • Pool Features: Gunite, Heated, In Ground, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Forced Air, Hot Water, Zoned

Schools

  • Elementary School: Colonial Road ES
  • High School: Ramapo/Indian Hills
  • Middle Or Junior School: Franklin Ave MS
  • Elementary: Colonial Road ES

Lot Info

  • Lot Dimensions: 1.28 acres
  • Lot Size Sq Ft: 55757.0

Tax Info

  • Tax Annual Amount: 41912.0
  • Tax Block: 01110
  • Tax Lot: 00013

MLS Schools

  • High School Text: Ramapo/Indian Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
May 9, 2023
Sold by
Woods John F and Woods Denise I
Bought by
316 Indian Llc
Seller's Agent
Vicki Gaily
Special Properties, Division Brook Hollow Group, Inc.
Buyer's Agent
Taylor Lucyk
Christie's International Real Estate Group-Paramus
List Price
$3,395,000
Sold Price
$3,000,000
Premium/Discount to List
-$395,000
-11.63%
Views
334
Current Estimated Value
$3,116,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,129
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
Oct 28, 2005
Sold by
L&L Builders And Developers Co
Bought by
Woods John and Woods Denise

Purchase Details

Closed on
Jul 21, 2004
Sold by
Savone Nicholas
Bought by
L&L Builders And Developers Co

Purchase Details

Closed on
Oct 2, 1998
Sold by
Cooke William R and Cooke Ann V
Bought by
Savone Nicholas and Savone Margaret Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.89%
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
316 Indian Llc $3,000,000 First American Title
Woods John $3,499,000 --
L&L Builders And Developers Co $1,150,000 --
Savone Nicholas $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Savone Nicholas $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $3,000,000 -11.6% $436 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $3,395,000 -- $493 / 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 $46,031 $2,563,000 $528,000 $2,035,000
2024 $43,627 $2,563,000 $528,000 $2,035,000
2023 $42,518 $2,521,800 $528,000 $1,993,800
2022 $42,518 $2,521,800 $528,000 $1,993,800
2021 $41,912 $2,521,800 $528,000 $1,993,800
2020 $41,559 $2,521,800 $528,000 $1,993,800
2019 $41,408 $2,521,800 $528,000 $1,993,800
2018 $40,979 $2,521,800 $528,000 $1,993,800
2017 $41,257 $2,521,800 $528,000 $1,993,800
2016 $41,383 $2,521,800 $528,000 $1,993,800
2015 $40,324 $2,521,800 $528,000 $1,993,800
2014 $39,643 $2,521,800 $528,000 $1,993,800
Source: Public Records

Agents Affiliated with this Home

  • Vicki Gaily

    Seller's Agent in 2023

    Vicki Gaily

    Special Properties, Division Brook Hollow Group, Inc.

    (201) 390-5880

    5 in this area

    41 Total Sales

    Vicki Gaily
    Section Image
  • Taylor Lucyk

    Buyer's Agent in 2023

    Taylor Lucyk

    Christie's International Real Estate Group-Paramus

    (201) 360-1292

    9 in this area

    561 Total Sales

    Taylor Lucyk
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23001937

New Jersey MLS

APN: 20-01110-02-00013

New Jersey Bergen County Franklin Lakes 07417

316 Indian Trail Dr, Franklin Lakes, NJ

This home is located at 316 Indian Trail Dr, Franklin Lakes, NJ 07417 since 17 January 2023 and is currently estimated at $3,116,129, approximately $452 per square foot. 316 Indian Trail Dr is a home located in Bergen County with nearby schools including Colonial Road 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.

New Jersey MLS 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.

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