NOT LISTED FOR SALE

322 Freemans Ln Franklin Lakes, NJ 07417

Estimated Value: $1,359,000 - $1,500,000

5 Beds
3.5 Baths
4,316 Sq Ft
$332/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $920,000 $213 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,940/month

333 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Skylights
  • Colonial Road School Rated A-
  • Main Floor Primary Bedroom
  • Fireplace

About This Home

As of February 2021

WELL MAINTAINED CENTER HALL COLONIAL ,IN THE WEST GATE URBAN FARMS. APPROXIMATELY 4400 SQ.FT. OF LUXURY LIVING. HOME IN NICE NEIGHBORHOOD WITH 5 BEDROOMS AND 3 1/2 BATHROOMS, ENTRY FOYER ,LG LIVING ROOM, BANQUET SIZE DINING ROOM, VAULTED CEILING FAMILY ROOM WITH FIREPLACE, LARGE KITCHEN WITH CHERRY CABINETS, CENTER ISLE & GRANITE COUNTERS. HOME IS ON AN ACRE OF LANDSCAPED PROPERTY. OUTSIDE IS A BEAUTIFULL LARGE DECK WITH AWNING , BEAUTIFUL INGROUND POOL WITH SPA AREA. 3+ CAR GARAGE , CIRCULAR DRIVEWAY, CENTRAL AIR, CENTRAL VAC. ,ALARM SYSTEM, INTERCOM, STANDBY GENERATOR, HEATING SYSTEM HAS 6 ZONES, UNDERGROUND SPRINKLERS.

Last Agent to Sell the Property

Sanaa Mikhail

Raymond-Rhodes Real Estate Listed on: 10/03/2019

Last Buyer's Agent

Cathy Banu

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,305

Year Built

  • 1980

Lot Details

  • 0.93 Acre Lot
  • Rectangular Lot
  • Sprinkler System

Home Design

  • Built in the 1980s
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Central Vacuum
  • Skylights
  • Fireplace
  • Attic Fan
  • Intercom
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom

Outdoor Features

  • Deck

Location

  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas
  • Well
  • Septic System

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 022001108 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,305

Year Built

1980

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Cntr Stairwl
  • Lifestyle: Close/School, Close/Shopg, 1st Flr Mbdrm
  • Miscellaneous: Central Vac, Hdwd As In, Intercom, Security, Skylights, Sprinklers, Well, Deck / Patio
  • Views/Exposure: Sunrise, Sunset
  • Year Built: 1980's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 11
  • Fireplace: 1 Fireplace
  • Bedrooms: 5
  • Total Bathrooms: 3.10
  • Primary Bathroom: Y
  • Full Bathrooms: 3
  • Partial Bathroom: 1
  • Basement: Finished
  • Basement: FIN. RM. UTILITY RM. WORKSHOP
  • Items Not Included: TBA
  • Items Included: WALL UNITS IN GREAT ROOM

Exterior Features

  • Exterior: Brick
  • Waterfront: None

Garage/Parking

  • Garage: 3+car Garage

Utilities

  • Heating: Baseboard, Electric, Gas, Hot Water, Multi-Zone
  • Sewer: Septic
  • Water Source: Well
  • Cooling: Attic Fan, Central Air

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Colonial Road E.S.
  • Middle School: Franklin Ave M.S.
  • High School: Ramapo/Indian Hills

Lot Info

  • County Name: BERGEN
  • Locale: 600
  • Lot: 00002
  • Lot Description: Regular
  • Lot Dimensions: 1 ACRE
  • Estimated Lot Sq Ft: 40424

Tax Info

  • Tax: 17305
  • Assessor Parcel Number: 022001108 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Feb 12, 2021
Sold by
Awad Iris
Bought by
Larson Alfred and Larson Susan
Seller's Agent
Sanaa Mikhail
Raymond-Rhodes Real Estate
Buyer's Agent
Cathy Banu
Keller Williams Village Square Realty
List Price
$1,199,000
Sold Price
$920,000
Premium/Discount to List
-$279,000
-23.27%
Total Days on Market
333
Current Estimated Value
$1,434,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,676
Avg. Annual Appreciation
10.89%
Original Mortgage
$548,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Larson Alfred $920,000 Carnegie Title Llc
Larson Alfred $920,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson Alfred $548,000
Previous Owner Awad Nagi M $50,000
Previous Owner Awad Nagi W $194,000
Previous Owner Awad Nagi M $200,000
Previous Owner Awad Nagi M $240,000
Previous Owner Awad Nagi M $250,000
Previous Owner Awad Iris $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $920,000 -12.4% $213 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/28/2020 07/28/20 Price Changed $1,050,000 -8.7% $243 / Sq Ft
06/07/2020 06/07/20 Price Changed $1,150,000 -2.0% $266 / Sq Ft
03/01/2020 03/01/20 Price Changed $1,174,000 -2.1% $272 / Sq Ft
10/03/2019 10/03/19 For Sale $1,199,000 -- $278 / 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
2024 $15,916 $920,000 $485,600 $434,400
2023 $17,954 $920,000 $485,600 $434,400
2022 $17,954 $1,064,900 $485,600 $579,300
2021 $17,699 $1,064,900 $485,600 $579,300
2020 $17,550 $1,064,900 $485,600 $579,300
2019 $17,486 $1,064,900 $485,600 $579,300
2018 $17,305 $1,064,900 $485,600 $579,300
2017 $17,422 $1,064,900 $485,600 $579,300
2016 $17,475 $1,064,900 $485,600 $579,300
2015 $17,028 $1,064,900 $485,600 $579,300
2014 $16,740 $1,064,900 $485,600 $579,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1945896

New Jersey MLS

APN: 20-01108-0000-00002