NOT LISTED FOR SALE

370 Franklin Place South Orange, NJ 07079

Estimated Value: $1,311,000 - $1,561,000

4 Beds
3.5 Baths
2,004 Sq Ft
$718/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $860,000 $429 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $9,438/month

40 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Custom Home
  • Wood Flooring
  • South Mountain Elementary School Rated A-
  • Cathedral Ceiling
  • Corner Lot

About This Home

As of December 2020

This Unique one-of-a kind Custom Home, Built by a NYC Banker as a Retreat. This home has only had 3 Owners. The current owner has gutted, added sq footage for an exceptional home for Today's Lifestyle The spectacular open floor plan is perfect for entertaining as well as intimate gatherings, The first floor master has a great walk in closet, Beautiful Bath as well as a sitting room/office area which opens to the outdoor patio. The Great Room, Kitchen and Dining room Have Vaulted beam ceilings with the 2 Story stone fireplace as the focal pointThe Kitchen has every modern convenience any chef could want, Huge center Island with sink and bar seating, Integrated appliances an abundance of cabinets for storageAll the open space opens to the Huge oversized raised patio, Overlooking this half acre park-like yard

Last Agent to Sell the Property

Robert Oquist

RE/MAX ACHIEVERS Listed on: 09/18/2020

RE/MAX ACHIEVERS

Last Buyer's Agent

Vanessa Pollock

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,578

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 0.6 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Great Room with Fireplace
  • Family Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Front Basement Entry
  • Sump Pump
  • French Drain

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • S Mountain Elementary School
  • S Orange Middle School
  • Columbia High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1619-00302-0000-00009-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,578

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1924
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Directions: South Orange Avenue to North Wyoming Avenue to Franklin Place
  • I D: 5017709
  • Section Subdiv Development: Wyoming
  • First Name: ROBERT B
  • First Name3: VANESSA
  • Last Name: OQUIST
  • Last Name3: POLLOCK
  • Office Phone3: 973-376-0033
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2013

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Great Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, Washer
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, Cathedral Ceiling, High Ceilings, Smoke Detector, StallTub, Walk-In Closet
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor, Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: French Drain, Partial, Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 20x23
  • Kitchen Level: First
  • Other Room 1: SittngRm
  • Other Room1 Dim: 17x18
  • Other Room1 Level: First
  • Other Room2 Level: First
  • Other Room 3: Vestibul
  • Other Room 4: Laundry Room
  • Other Room4 Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Entrance Vestibule, Family Room, Great Room, Laundry Room, Pantry
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 908-522-9444

Exterior Features

  • Exterior Description: Stucco, Wood Shingle
  • Exterior Features: Patio, Sidewalk, Storm Door(s), Storm Window(s), Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: COLUMBIA
  • Middle Jr High School: S ORANGE

Lot Info

  • Lot Size: .605 AC
  • Easement: Unknown
  • Lot Description: Corner, Level Lot, Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.60

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 19578
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1619-00302-0000-00009-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.198
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: S MOUNTAIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Dec 14, 2020
Sold by
Rudledge Carol E
Bought by
Amoo Gottfried Kofi and Amoo Gottfried Kate
Seller's Agent
Robert Oquist
RE/MAX ACHIEVERS
Buyer's Agent
Vanessa Pollock
KELLER WILLIAMS REALTY
List Price
$900,000
Sold Price
$860,000
Premium/Discount to List
-$40,000
-4.44%
Current Estimated Value
$1,438,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,570
Avg. Annual Appreciation
11.00%
Original Mortgage
$688,000
Outstanding Balance
$612,525
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$826,045

Purchase Details

Listed on
May 23, 2013
Closed on
Apr 25, 2013
Sold by
Updegraph Charles
Bought by
Rutledge Carol
Seller's Agent
ERIC SCHWARTZ
KELLER WILLIAMS REAL ESTATE
Buyer's Agent
Robert Oquist
RE/MAX ACHIEVERS
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
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
Amoo Gottfried Kofi $860,000 Centurion Title Services Llc
Rutledge Carol $325,000 --
Rutledge Carol $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amoo Gottfried Kofi $688,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2020 12/17/20 Sold $860,000 -4.4% $429 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $900,000 +176.9% $449 / Sq Ft
05/23/2013 05/23/13 Sold $325,000 -- $162 / Sq Ft View Prior Sale
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 $22,266 $1,548,500 $509,800 $1,038,700
2024 $22,266 $1,548,500 $509,800 $1,038,700
2022 $21,470 $612,200 $330,900 $281,300
2021 $20,723 $612,200 $330,900 $281,300
2020 $20,080 $612,200 $330,900 $281,300
2019 $19,578 $612,200 $330,900 $281,300
2018 $19,284 $612,200 $330,900 $281,300
2017 $18,807 $612,200 $330,900 $281,300
2016 $16,089 $420,300 $229,700 $190,600
2015 $15,715 $420,300 $229,700 $190,600
2014 $15,387 $420,300 $229,700 $190,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3665268

Garden State MLS

APN: 19-00302-0000-00009