$1,925,000
SOLD JUL 22, 2025
4 Beds
4 Baths
4,536 Sq Ft
1.21 Acres

Recently Sold

$424 Per Sq Ft

20% Above List Price

22 Days on Market

About This Home

As of July 2025

This home is located at 507 Dara Ln, Franklin Lakes, NJ 07417 and is currently priced at $1,925,000, approximately $424 per square foot. This property was built in 1995. 507 Dara Ln is a home located in Bergen County with nearby schools including Woodside Avenue Elementary School, Franklin Avenue Middle School, and Ramapo High School.

Last Agent to Sell the Property

John Kuhn

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 201-904-2085 Listed on: 03/27/2025

CHRISTIE'S INT. REAL ESTATE GROUP

Last Buyer's Agent

Joseph Aziz

PRESTIGE PROPERTY GROUP MONTCLAIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,047

Year Built

  • Built in 1995

Lot Details

  • 1.21 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,047

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Year Built: 1995
  • County Name: Bergen
  • I D: 5311284
  • Attribution Contact: 201-904-2085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.00

Lot Info

  • Lot Size: 1.205AC
  • Total Acres: 1.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
Jul 21, 2025
Sold by
Nunez Dianne M
Bought by
Aminoleslami Leila and Talachian Bahmam
Seller's Agent
John Kuhn
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
Joseph Aziz
PRESTIGE PROPERTY GROUP MONTCLAIR
List Price
$1,599,000
Sold Price
$1,925,000
Premium/Discount to List
$326,000
20.39%
Views
82
Current Estimated Value
$1,876,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,986
Avg. Annual Appreciation
-7.51%
Original Mortgage
$1,386,000
Outstanding Balance
$1,381,744
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$494,270

Purchase Details

Closed on
Aug 24, 2000
Sold by
Morales Armando and Morales Maria
Bought by
Nunez David A and Nunez Dianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.16%

Purchase Details

Closed on
Sep 28, 1994
Sold by
Indepdendence Bk Nj
Bought by
Morales Armando and Morales Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $1,925,000 American Land Title
Deed $1,925,000 American Land Title
Bargain Sale Deed $1,100,000 --
Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,386,000 New Conventional
Closed $1,386,000 New Conventional
Previous Owner $600,000 No Value Available
Previous Owner $662,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2025 07/22/25 Sold $1,925,000 +20.4% $424 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $1,599,000 -- $353 / 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 $21,047 $1,171,900 $419,000 $752,900
2024 $20,274 $1,171,900 $419,000 $752,900
2023 $19,758 $1,171,900 $419,000 $752,900
2022 $19,758 $1,171,900 $419,000 $752,900
2021 $19,477 $1,171,900 $419,000 $752,900
2020 $19,313 $1,171,900 $419,000 $752,900
2019 $19,243 $1,171,900 $419,000 $752,900
2018 $19,043 $1,171,900 $419,000 $752,900
2017 $19,172 $1,171,900 $419,000 $752,900
2016 $19,231 $1,171,900 $419,000 $752,900
2015 $18,739 $1,171,900 $419,000 $752,900
2014 $18,422 $1,171,900 $419,000 $752,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3953383

Garden State MLS

APN: 20-01501-0000-00002