$970,000
SOLD NOV 30, 2012

502 Mortimer Ct Franklin Lakes, NJ 07417

5 Beds
5 Baths
5,431 Sq Ft
1.34 Acres

Recently Sold

$179 Per Sq Ft

About This Home

As of February 2023

This home is located at 502 Mortimer Ct, Franklin Lakes, NJ 07417 and is currently priced at $970,000, approximately $178 per square foot. This property was built in 1985. 502 Mortimer Ct is a home located in Bergen County with nearby schools including Colonial Road School, Franklin Avenue Middle School, and Indian Hills High School.

Last Listed By

JAMES REITZ

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 973-379-0434 Listed on: 11/30/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,303

Year Built

  • 1985

Lot Details

  • 1.34 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,303

Year Built

1985

Lot Details

0

Listing Details

  • County Name: Bergen
  • Street Number Display: 502
  • I D: 4216409
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-379-0434
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 1.337 AC
  • Total Acres: 1.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Jan 31, 2023
Sold by
Kogan Nataliya V
Bought by
Mahmuti Taulant and Gjuka-Mahmuti Enkelena
Seller's Agent
Elizabeth Novak
Christie's International Real Estate Group-Paramus
Buyer's Agent
Karen Peters
Coldwell Banker, Wayne
List Price
$1,400,000
Sold Price
$1,280,000
Premium/Discount to List
-$120,000
-8.57%
Total Days on Market
0
Views
54
Current Estimated Value
$1,698,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,788
Avg. Annual Appreciation
12.92%
Original Mortgage
$1,024,000
Outstanding Balance
$996,428
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$702,360

Purchase Details

Closed on
Aug 29, 2017
Sold by
Kogan Nataliya V
Bought by
Kogan Nataliya V

Purchase Details

Closed on
Mar 21, 2014
Sold by
Kogan Boris L
Bought by
Kogan Nataliya and Kogan Boris L

Purchase Details

Listed on
Nov 30, 2012
Closed on
Nov 30, 2012
Sold by
Colacino Pam
Bought by
Kogan Boris L
Seller's Agent
JAMES REITZ
CHRISTIE'S INT. REAL ESTATE GROUP
Sold Price
$970,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Aug 8, 2002
Sold by
Shemesh Ronnie
Bought by
Colacino Pam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,450
Interest Rate
6.18%

Purchase Details

Closed on
Aug 19, 1997
Sold by
Lee Joseph Y and Lee Fong Wai
Bought by
Shemesh Ronnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
7%
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 Type Sale Price Title Company
Deed $1,280,000 Elite Title Group
Interfamily Deed Transfer -- None Available
Deed -- --
Deed $970,000 --
Deed $570,734 --
Deed $715,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,024,000 New Conventional
Previous Owner $282,450 No Value Available
Previous Owner $599,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $1,280,000 -5.2% $236 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $1,350,000 -3.6% $249 / Sq Ft
08/12/2022 08/12/22 For Sale $1,400,000 0.0% $258 / Sq Ft
08/17/2018 08/17/18 Rented $6,400 -8.6% --
07/18/2018 07/18/18 Under Contract -- -- --
06/09/2018 06/09/18 For Rent $7,000 0.0% --
11/30/2012 11/30/12 Sold $970,000 -- $179 / 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
2024 $18,303 $1,058,000 $342,200 $715,800
2023 $17,838 $1,058,000 $342,200 $715,800
2022 $17,838 $1,058,000 $342,200 $715,800
2021 $17,584 $1,058,000 $342,200 $715,800
2020 $17,436 $1,058,000 $342,200 $715,800
2019 $17,372 $1,058,000 $342,200 $715,800
2018 $17,193 $1,058,000 $342,200 $715,800
2017 $17,309 $1,058,000 $342,200 $715,800
2016 $17,362 $1,058,000 $342,200 $715,800
2015 $16,917 $1,058,000 $342,200 $715,800
2014 $22,140 $1,408,400 $533,700 $874,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 2925385

Garden State MLS

APN: 20-01104-0000-00009