NOT LISTED FOR SALE

381 Freemans Ln Franklin Lakes, NJ 07417

Estimated Value: $1,823,666 - $2,390,000

5 Beds
4.5 Baths
5,068 Sq Ft
$402/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $1,550,000 $306 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $13,487/month

57 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Main Floor Primary Bedroom
  • Colonial Road School Rated A-
  • Property is near a park
  • Fireplace

About This Home

As of June 2021

This stunning 5000+ sq. foot 5BR/4.5 Bath home boasts architectural elegance, modern design & spacious living. From the moment you step into the bright entry, you will feel you are at home. Expansive, gourmet kitchen has large center island w/ counter seating & a sunlit eating area w/ floor to ceiling windows. The kitchen opens into GR w/ high ceilings & a stone FP. Large DR with a renovated FP is perfect for entertaining. Guest suite on 1st floor with private entrance complete the package. On the second floor, enjoy serenity in the large, just updated master suite with a beautiful FP, seating area, two large WICs, with French doors that open to a master bath complete w/ whirlpool. 3 additional BRs with substantial closet space & full bath. Finished basement contains a gym, fully renovated bath, a sizable room perfect for a 2nd home office/over flow sleep space, storage galore, outdoor access & tons of room for play and entertainment. Over 1.2 acres with tons of possibilities!

Last Agent to Sell the Property

Lauren Cohen

DeFino & Company Listed on: 03/17/2021

Last Buyer's Agent

Patricia Sulli

Keller Williams Valley Realty

Keller Williams Valley Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,220

Year Built

  • 1955

Lot Details

  • 1.23 Acre Lot
  • Rectangular Lot
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Built in the 2000s
  • Colonial Architecture
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • Central Vacuum
  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

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

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 022001107 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,220

Year Built

1955

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, Extended Family, 1st Flr Mbdrm
  • Miscellaneous: Central Vac, Hdwd As In, Security, Sprinklers, Strms/Scrns, Deck / Patio
  • Views/Exposure: None
  • Year Built: 2000's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 10
  • Fireplace: 2 Fireplaces, 3 Fireplaces
  • Bedrooms: 5
  • Total Bathrooms: 4.10
  • Primary Bathroom: Y
  • Full Bathrooms: 4
  • Partial Bathroom: 1
  • Basement: Finished, Full
  • Basement: Full Bath, Family Room, Office, Gym, Separate Entrance
  • Items Not Included: DR Light Fixture & Kitchen Table Lite Fixture

Exterior Features

  • Exterior: Stone, Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached

Utilities

  • Heating: Baseboard, Gas, Hot Water
  • Sewer: Septic
  • Water Source: Municipal
  • Cooling: 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: 00011
  • Lot Description: Regular
  • Estimated Lot Frontage: 53492
  • Estimated Lot Sq Ft: 53492

Tax Info

  • Tax: 23220
  • Assessor Parcel Number: 022001107 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Jun 14, 2021
Sold by
Altschul Sean and Hersh Lauren
Bought by
Sethi Simran
Seller's Agent
Lauren Cohen
DeFino & Company
Buyer's Agent
Patricia Sulli
Keller Williams Valley Realty
List Price
$1,599,000
Sold Price
$1,550,000
Premium/Discount to List
-$49,000
-3.06%
Total Days on Market
57
Current Estimated Value
$2,039,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,667
Avg. Annual Appreciation
7.22%
Original Mortgage
$822,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2013
Closed on
Jun 25, 2013
Sold by
Guzman Carlos and Zevallos Indira M
Bought by
Altschul Sean
Seller's Agent
LISA R. UVANNI
COLDWELL BANKER REALTY SRV
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Vallar Robert V and Vallar Tammy A
Bought by
Guzman Carlos and Zevallos Indira M

Purchase Details

Closed on
May 25, 2001
Sold by
Infusino Marianne
Bought by
Vallar Robert V and Vallar Tammy V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.14%

Purchase Details

Closed on
Sep 22, 2000
Bought by
Infusino Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8%

Purchase Details

Closed on
Feb 7, 2000
Sold by
Infusino Richard and Infusino Marianne
Bought by
Infusino Marianne
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
Sethi Simran $1,550,000 Foundation Title Llc
Sethi Simran $1,550,000 Foundation Title Llc
Altschul Sean $1,500,000 --
Guzman Carlos $2,000,000 --
Vallar Robert V $1,250,000 --
Infusino Marianne -- --
Infusino Marianne -- --
Infusino Marianne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sethi Simran $822,000
Previous Owner Vallar Robert V $750,000
Previous Owner Infusino Marianne $75,000
Previous Owner Infusino Marianne $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $1,550,000 -3.1% $306 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $1,599,000 +6.6% $316 / Sq Ft
06/25/2013 06/25/13 Sold $1,500,000 -- $296 / 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 $24,443 $1,412,900 $522,800 $890,100
2023 $23,821 $1,412,900 $522,800 $890,100
2022 $23,822 $1,412,900 $522,800 $890,100
2021 $23,418 $1,409,000 $522,800 $886,200
2020 $23,220 $1,409,000 $522,800 $886,200
2019 $23,136 $1,409,000 $522,800 $886,200
2018 $22,896 $1,409,000 $522,800 $886,200
2017 $23,051 $1,409,000 $522,800 $886,200
2016 $23,122 $1,409,000 $522,800 $886,200
2015 $22,530 $1,409,000 $522,800 $886,200
2014 $22,149 $1,409,000 $522,800 $886,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21009410

New Jersey MLS

APN: 20-01107-0000-00011