NOT LISTED FOR SALE

494 Island Way Franklin Lakes, NJ 07417

Estimated Value: $742,761 - $959,000

3 Beds
2 Baths
1,454 Sq Ft
$585/Sq Ft Est. Value

Last Sold June 13, 2017

Last sale price $680,000 $468 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,195/month

About This Home

As of June 2017

IF YOU'RE LOOKING FOR A PRIVATE AND SERENE LOCATION TO CALL HOME THIS IS IT! LOVELY MOVE IN CONDITION AND UPDATED 3 BEDROOM, 1.5 BATH RANCH HOME IN PRESTIGIOUS FRANKLIN LAKES...JUST PAINTED AND NEWLY REFINISHED HARDWOOD FLOORS THRU OUT...PRETTY LIVING ROOM WITH GAS FIREPLACE, FORMAL DINING ROOM, UPDATED BATHROOMS AND EAT IN KITCHEN, NICELY FINISHED LOWER LEVEL WITH LARGE REC ROOM, OFFICE AREA, LAUNDRY AND PLENTY OF STORAGE...LOVELY PAVER PATIO AND 2 CAR GARAGE...CONVENIENT TO NYC TRANSPORTATION AND MINUTES TO SHOPPING! TENANT RESPONSIBLE FOR REALTOR FEE, LANDSCAPING AND SNOW REMOVAL...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2017
Closed on
Dec 19, 2017
Sold by
Gonzales Charles C and Gonzales Debra R
Bought by
C & D Island Way Llc
Seller's Agent
Alina Nolan
Coldwell Banker, Ridgewood
Sold Price
$3,100
Current Estimated Value
$850,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,090

Purchase Details

Listed on
Mar 26, 2017
Closed on
Jun 12, 2017
Sold by
Stott David
Bought by
Gonzales Charles C and Gonzales Debra R
Seller's Agent
Elizabeth Burns
COLDWELL BANKER REALTY
Buyer's Agent
ALINA C. NOLAN
COLDWELL BANKER REALTY RDG
List Price
$650,000
Sold Price
$680,000
Premium/Discount to List
$30,000
4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
C & D Island Way Llc -- --
Gonzales Charles C $680,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stott David $20,000
Previous Owner Stott David $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2020 02/01/20 Rented $2,900 0.0% --
01/16/2020 01/16/20 Price Changed $2,900 -9.4% $2 / Sq Ft
12/09/2019 12/09/19 For Rent $3,200 +3.2% --
12/14/2017 12/14/17 Rented $3,100 -1.6% --
12/14/2017 12/14/17 For Rent $3,150 0.0% --
06/13/2017 06/13/17 Sold $680,000 +4.6% $468 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/26/2017 03/26/17 For Sale $650,000 -- $447 / Sq Ft

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 $8,200 $474,000 $341,500 $132,500
2023 $7,992 $474,000 $341,500 $132,500
2022 $7,992 $474,000 $341,500 $132,500
2021 $7,878 $474,000 $341,500 $132,500
2020 $7,812 $474,000 $341,500 $132,500
2019 $7,783 $474,000 $341,500 $132,500
2018 $7,703 $474,000 $341,500 $132,500
2017 $7,755 $474,000 $341,500 $132,500
2016 $7,778 $474,000 $341,500 $132,500
2015 $7,579 $474,000 $341,500 $132,500
2014 $7,451 $474,000 $341,500 $132,500
Source: Public Records

Agents Affiliated with this Home

  • Alina Nolan

    Seller's Agent in 2020

    Alina Nolan

    Coldwell Banker, Ridgewood

    (201) 615-2494

    28 Total Sales

    Alina Nolan
    Section Image
  • Elizabeth Burns

    Seller's Agent in 2017

    Elizabeth Burns

    COLDWELL BANKER REALTY

    (973) 219-5446

    60 Total Sales

    Elizabeth Burns
    Section Image

  • A

    Buyer's Agent in 2017

    ALINA C. NOLAN

    COLDWELL BANKER REALTY RDG

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Map

New Jersey Bergen County Franklin Lakes 07417

494 Island Way, Franklin Lakes, NJ

This home is located at 494 Island Way, Franklin Lakes, NJ 07417 and is currently estimated at $850,190, approximately $584 per square foot. 494 Island Way is a home located in Bergen County with nearby schools including Woodside Avenue Elementary School, Franklin Avenue Middle School, and Ramapo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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