NOT LISTED FOR SALE

385 Long Bow Dr Franklin Lakes, NJ 07417

Estimated Value: $2,072,000 - $3,465,000

6 Beds
6 Baths
5,554 Sq Ft
$512/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $2,700,000 $486 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $19,874/month

71 Days on Market

About This Home

As of April 2023

This home is located at 385 Long Bow Dr, Franklin Lakes, NJ 07417 since 07 December 2022 and is currently estimated at $2,842,375, approximately $511 per square foot. This property was built in 2008. 385 Long Bow Dr is a home located in Bergen County with nearby schools including High Mountain Road Elementary School, Franklin Avenue Middle School, and Ramapo High School.

Last Agent to Sell the Property

Mary Premtaj

COMPASS NEW JERSEY LLC Brokerage Phone: 551-284-0175 Listed on: 12/07/2022

COMPASS NEW JERSEY LLC

Last Buyer's Agent

JEFF VANDER MOLEN

TERRIE O'CONNOR REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,691

Year Built

  • Built in 2008

Lot Details

  • 1.53 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,691

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Year Built: 2008
  • County Name: Bergen
  • Street Number Display: 385
  • I D: 5193718
  • Modified: 2024-04-28
  • Attribution Contact: 551-284-0175
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 1.53 AC
  • Total Acres: 1.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Apr 18, 2023
Sold by
Minero Richard and Minero Lauren
Bought by
Giancitano Rosario
Seller's Agent
Mary Premtaj
COMPASS NEW JERSEY LLC
Buyer's Agent
JEFF VANDER MOLEN
TERRIE O'CONNOR REALTORS
List Price
$3,199,000
Sold Price
$2,700,000
Premium/Discount to List
-$499,000
-15.6%
Current Estimated Value
$3,041,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,013
Avg. Annual Appreciation
5.33%

Purchase Details

Listed on
Jul 22, 2014
Closed on
Jul 9, 2014
Sold by
Mclaughlin William D
Bought by
Okunak Frank and Okunak Lucy
Seller's Agent
Mary Premtaj
COMPASS NEW JERSEY LLC
Buyer's Agent
Mary Premtaj
COMPASS NEW JERSEY LLC
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%
Original Mortgage
$1,600,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2005
Sold by
Digiacomo James
Bought by
Mclaughlin William and Mclaughlin Patricia
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Giancitano Rosario $2,700,000 Belmont Title
Okunak Frank $2,300,000 --
Mclaughlin William $1,425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gancitano Snezana $1,000,000
Previous Owner Minero Richard $735,000
Previous Owner Okunak Frank $885,000
Previous Owner Okunak Frank $750,000
Previous Owner Okunak Frank $1,297,000
Previous Owner Okunak Frank $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $2,700,000 0.0% $486 / Sq Ft
04/27/2023 04/27/23 Sold $2,700,000 -15.6% $486 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/16/2023 02/16/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $3,199,000 0.0% $576 / Sq Ft
11/17/2022 11/17/22 For Sale $3,199,000 +39.1% $576 / Sq Ft
07/22/2014 07/22/14 Sold $2,300,000 -- $414 / 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 $38,691 $2,154,300 $538,000 $1,616,300
2024 $33,040 $2,154,300 $538,000 $1,616,300
2023 $32,199 $1,909,800 $538,000 $1,371,800
2022 $32,199 $1,909,800 $538,000 $1,371,800
2021 $31,650 $1,909,800 $538,000 $1,371,800
2020 $31,226 $1,894,800 $538,000 $1,356,800
2019 $31,113 $1,894,800 $538,000 $1,356,800
2018 $30,791 $1,894,800 $538,000 $1,356,800
2017 $30,999 $1,894,800 $538,000 $1,356,800
2016 $31,094 $1,894,800 $538,000 $1,356,800
2015 $30,298 $1,894,800 $538,000 $1,356,800
2014 $29,786 $1,894,800 $538,000 $1,356,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3820509

Garden State MLS

APN: 20-02201-05-00008