NOT LISTED FOR SALE

338 Algonquin Rd Franklin Lakes, NJ 07417

Estimated Value: $2,677,232 - $3,132,000

5 Beds
4.5 Baths
7,682 Sq Ft
$377/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $1,700,000 $221 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $17,972/month

117 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Custom Home
  • Colonial Road School Rated A-
  • Sauna
  • Wood Flooring

About This Home

As of February 2016

First time offered! Custom French Provincial showcases architectural excellence &exquisite design in most desirable West Gate Section of Urban Farms. Airy sun-dappled 2 story Ent Foyer w/custom tile& bridal staircase serves as an elegant gateway to the living space of this beautiful home! Gourmet EIK w/Granite Counters, Thermador Double Ovens & cherry cabinets is conducive to large scale entertaining! 1st FL MBR Suite features WIC, study, marble flooring & skylight! Library features handsome wooden built-ins, fpl, crown detail & floor to ceiling windows which overlook mature gardens!4 Season Solarium w/radiant heat & built in grill offers easy access to the magnificent grounds w/heated natural pond-like pool & waterfall!2nd story offers 4 BRs + Au-Pair Suite & 2 full baths! HUGE unfin bsmnt! Elegant & Serene!

Last Agent to Sell the Property

Orly Steinberg

KELLER WILLIAMS VILLAGE SQUARE Listed on: 05/27/2015

KELLER WILLIAMS VILLAGE SQUARE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,037

Year Built

  • Built in 1976

Lot Details

  • 1.34 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Circular Driveway
  • Additional Parking

Home Design

  • Custom Home

Interior Spaces

  • Wet Bar
  • High Ceiling
  • Skylights
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Sun or Florida Room
  • Sauna
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Country Kitchen
  • Butlers Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Patio

Schools

  • High Mtn Elementary School
  • Franklin Middle School

Utilities

  • Central Air
  • Underground Utilities

Community Details

  • Fitness Center
  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 1120-01110-0001-00014-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,037

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1976
  • Year Built Description: Approximate
  • County Name: Bergen
  • Exclusions: Kitchen & Dining Rm Light Fixtures
  • Directions: Franklin Lakes Road to Indian Trail Drive to Algonquin Road
  • I D: 4533797
  • Section Subdiv Development: West Gate of Urban Farms
  • First Name: ORLY
  • First Name3: UNKNOWN
  • Last Name: STEINBERG
  • Last Name3: AGENT
  • Office Phone: 973-295-6320
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Fireplace Description: Library
  • Number of Fireplaces: 1
  • Appliances: Central Vacuum, Generator-Built-In, Refrigerator, OvnWGas, CookGas, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: Skylight, Bar-Wet, High Ceilings, Smoke Detector, Security System, Carbon Monoxide Detector, Walk-In Closet
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor, Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub, Sauna
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished, Full
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area, Country Kitchen, Pantry, Eat-In Kitchen
  • Kitchen Dim: 16x15
  • Kitchen Level: First
  • Living Room Dim: 23x22
  • Living Room Level: First
  • Other Room 1: Library
  • Other Room1 Dim: 18x16
  • Other Room1 Level: First
  • Other Room 2: Florida/3Season
  • Other Room2 Dim: 25x22
  • Other Room2 Level: First
  • Other Room 3: Breakfast
  • Other Room3 Dim: 12x12
  • Other Room3 Level: First
  • Other Room 4: Sunroom
  • Other Room4 Dim: 19x10
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, Foyer, Library, Living Room, Kitchen, Dining Room, Florida/3Season
  • Level 2 Rooms: Office, Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Phone: 973-962-7007

Exterior Features

  • Exterior Features: Patio
  • Pool: Yes
  • Pool Description: In-Ground Pool, Heated

Garage/Parking

  • Garage Description: Oversize Garage, Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Hard Surface, Additional Parking, Driveway-Exclusive, Circular

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Septic 4 Bedroom Town Verified
  • Utilities: All Underground, Gas-Natural

Condo/Co-op/Association

  • Amenities: Pool-Outdoor, Exercise Room, Sauna

Schools

  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: 1.34 AC
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.34
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 28037
  • Assessor Parcel Number: 1120-01110-0001-00014-0000-
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2014

MLS Schools

  • Grade School: HIGH MTN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Feb 8, 2016
Sold by
Cohen Melvin and Cohen Carol
Bought by
Rosano Joseph and Rosano Diane A
Seller's Agent
Orly Steinberg
KELLER WILLIAMS VILLAGE SQUARE
List Price
$2,300,000
Sold Price
$1,700,000
Premium/Discount to List
-$600,000
-26.09%
Current Estimated Value
$2,897,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,197,058
Avg. Annual Appreciation
5.60%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rosano Joseph $1,700,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2016 02/12/16 Sold $1,700,000 -26.1% $221 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $2,300,000 -- $299 / 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 $32,073 $1,785,800 $534,000 $1,251,800
2024 $30,894 $1,785,800 $534,000 $1,251,800
2023 $30,109 $1,785,800 $534,000 $1,251,800
2022 $30,109 $1,785,800 $534,000 $1,251,800
2021 $29,532 $1,776,900 $534,000 $1,242,900
2020 $29,283 $1,776,900 $534,000 $1,242,900
2019 $28,308 $1,724,000 $534,000 $1,190,000
2018 $28,015 $1,724,000 $534,000 $1,190,000
2017 $27,812 $1,700,000 $534,000 $1,166,000
2016 $29,814 $1,816,800 $534,000 $1,282,800
2015 $28,801 $1,816,800 $534,000 $1,282,800
2014 $28,310 $1,816,800 $534,000 $1,282,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3225858

Garden State MLS

APN: 20-01110-01-00014