NOT LISTED FOR SALE

504 Summit Ave Franklin Lakes, NJ 07417

Estimated Value: $854,254 - $1,002,000

4 Beds
2 Baths
2,267 Sq Ft
$401/Sq Ft Est. Value

About This Home

This home is located at 504 Summit Ave, Franklin Lakes, NJ 07417 and is currently estimated at $908,814, approximately $400 per square foot. 504 Summit Ave is a home located in Bergen County with nearby schools including Colonial Road School, Franklin Avenue Middle School, and Ramapo High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
Bennett Kyle D and Bennett Andrea
Bought by
Draganescu Serban F and Draganescu Petruta
Current Estimated Value
$908,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2018
Sold by
Willey James D and Willey Susan B
Bought by
Bennett Kyle D and Bennett Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,500
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 30, 1996
Sold by
Griswold Joseph G and Griswold Elaine E
Bought by
Willey James D and Willey Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.11%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Draganescu Serban F $570,000 Chicago Title Insurance Co
Bennett Kyle D $535,000 --
Bennett Kyle D $535,000 --
Willey James D $267,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Draganescu Serban F $456,000
Previous Owner Bennett Kyle D $491,500
Previous Owner Willey James D $180,000
Source: Public Records

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 $8,307 $462,500 $282,600 $179,900
2024 $8,001 $462,500 $282,600 $179,900
2023 $7,798 $462,500 $282,600 $179,900
2022 $7,798 $462,500 $282,600 $179,900
2021 $7,878 $474,000 $282,600 $191,400
2020 $7,812 $474,000 $282,600 $191,400
2019 $7,783 $474,000 $282,600 $191,400
2018 $7,504 $461,800 $282,600 $179,200
2017 $7,555 $461,800 $282,600 $179,200
2016 $7,578 $461,800 $282,600 $179,200
2015 $7,384 $461,800 $282,600 $179,200
2014 $7,260 $461,800 $282,600 $179,200
Source: Public Records

Map

New Jersey Bergen County Franklin Lakes 07417

504 Summit Ave, Franklin Lakes, NJ

This home is located at 504 Summit Ave, Franklin Lakes, NJ 07417 and is currently estimated at $908,814, approximately $400 per square foot. 504 Summit Ave is a home located in Bergen County with nearby schools including Colonial Road School, Franklin Avenue Middle School, and Ramapo High School.

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