$2,700,000
SOLD FEB 24, 2022

380 Crescent Dr Franklin Lakes, NJ 07417

5 Beds
6.5 Baths
8,148 Sq Ft
8.3 Acres

Recently Sold

$331 Per Sq Ft

10% Below List Price

220 Days on Market

Highlights

  • Lake Front
  • Heated In Ground Pool
  • En-Suite Primary Bedroom
  • Colonial Road School Rated A-
  • 361,548 Sq Ft lot
  • Central Air

About This Home

As of February 2022

Over 8 Acres of privacy and exclusivity, welcome to 380 Crescent Drive, located just 25 miles from NYC. With over 8,000 square feet of living space, this home checks all of the boxes. This estate is set upon a private lake with direct access for ice skating, fishing, boating and more. Pavers surround the heated gunite pool and outdoor kitchen, perfect for both relaxing and entertaining. As you enter this all brick manor, you are welcomed by the grand natural light filled two story entryway. Each room more impressive than the next, the two story great room features oversized windows and breathtaking views. The open floor plan throughout this home offers total flexibility and multi use spaces. The gourmet eat in kitchen has some the highest end appliances and finishes you can buy. Master bedroom with two walk in closets, oversized en suite bedrooms, this home has it all. Also, 3-car gar, security, generator, radiant heat, irrigation & more!

Last Agent to Sell the Property

Stephen Braconi

Christie's International Real Estate Group-Franklin Lakes Listed on: 03/13/2021

Christie's International Real Estate Group-Franklin Lakes

Last Buyer's Agent

Margaret Gregorek

Christie's International Real Estate Group-Mahwah/Saddle River Regional Office

Christie's International Real Estate Group-Mahwah/Saddle River Regional Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,672

Lot Details

  • 8.3 Acre Lot
  • Lake Front
  • Rectangular Lot

Parking

  • 3 Car Garage

Interior Spaces

  • Gas Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Heated In Ground Pool
  • Gunite Pool

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 00007 / 01207

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,672

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: South
  • Co List Office Phone: 201-904-2085
  • Outside Inclusions: appliances
  • MLS Status: Sold - Sold
  • Directions: Summit to Terrace to Crescent
  • Reso Fireplace Features: Gas
  • Year Built Details: 1990's,Renovated
  • PropertySubTypeAdditional: Manor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Game room, kitchenette, br/office w/fbth

Exterior Features

  • Pool Features: Gunite, Heated, In Ground
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: personal
  • Construction Type: Brick Faced

Garage/Parking

  • Garage Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 361548.0

Tax Info

  • Tax Annual Amount: 43672.0
  • Tax Block: 01207
  • Tax Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Feb 15, 2022
Sold by
Garrambone Jr Peter L and Garrambone Jane E
Bought by
Gonnelli Robert and Gonnelli Patricia
Seller's Agent
STEPHEN BRACONI
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
MARGARET GREGOREK
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Current Estimated Value
$3,625,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$925,022
Avg. Annual Appreciation
8.94%
Original Mortgage
$2,160,000
Outstanding Balance
$2,031,671
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,593,351

Purchase Details

Closed on
May 24, 2006
Sold by
Kinz Douglas J
Bought by
Garrambone Peter L and Garrambone Jane E

Purchase Details

Closed on
Oct 22, 1994
Sold by
Harriet S Segessmann Trust
Bought by
Kinz Douglas and Kinz Vita
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 Type Sale Price Title Company
Deed $2,700,000 Stewart Title Guaranty Company
Deed $3,100,000 --
Deed $742,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 Credit Line Revolving
Open $2,160,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $2,700,000 0.0% $331 / Sq Ft
02/24/2022 02/24/22 Sold $2,700,000 -6.9% $331 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/19/2021 10/19/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $2,899,000 0.0% $356 / Sq Ft
05/18/2021 05/18/21 Price Changed $2,899,000 -3.2% $356 / Sq Ft
04/21/2021 04/21/21 For Sale $2,995,000 0.0% $368 / Sq Ft
03/13/2021 03/13/21 For Sale $2,995,000 -- $368 / 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 $45,845 $2,650,000 $862,100 $1,787,900
2023 $44,679 $2,650,000 $862,100 $1,787,900
2022 $44,679 $2,650,000 $862,100 $1,787,900
2021 $44,043 $2,650,000 $862,100 $1,787,900
2020 $43,672 $2,650,000 $862,100 $1,787,900
2019 $43,513 $2,650,000 $862,100 $1,787,900
2018 $43,063 $2,650,000 $862,100 $1,787,900
2017 $44,990 $2,750,000 $862,100 $1,887,900
2016 $45,128 $2,750,000 $862,100 $1,887,900
2015 $43,973 $2,750,000 $862,100 $1,887,900
2014 $43,230 $2,750,000 $862,100 $1,887,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21008891

New Jersey MLS

APN: 20-01207-0000-00007