NOT LISTED FOR SALE

508 Franklin Terrace Wyckoff, NJ 07481

Estimated Value: $745,000 - $859,000

3 Beds
2.5 Baths
1,500 Sq Ft
$536/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $525,000 $350 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,167/month

48 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Attached Garage
  • Calvin Coolidge Elementary School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of December 2020

AMAZING PRICE POINT and a great opportunity to live and own in desirable community of Wyckoff. Located on a quiet street proximity to shopping, schools, and New York transportation. LOW, LOW TAXES! 1St Floor features easy-comfortable all in one living floor, entrance foyer, bright large living room with a blazing wood burning fireplace opens directly to the beaming dining area, modern eat-in-kitchen, Master bedroom with half bath, 2-bedrooms, and full bath from the hallway. Lower level features a large family-recreation room, (ideal for home gym, office, movie room) Summer kitchen, laundry/utility area, and 2 car garages. Working Central Air and there is also a delightful large outdoor space with built in fire pit, built in BBQ and over-sized driveway.

Last Agent to Sell the Property

Yaniv Gershon

COLDWELL BANKER REALTY FLE Listed on: 10/16/2020

COLDWELL BANKER REALTY FLE

Last Buyer's Agent

SERGIO SCIORTINO

KELLER WILLIAMS VILLAGE SQUARE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,174

Year Built

  • Built in 1958

Lot Details

  • 0.42

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Wood Burning Fireplace
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Coolidge Elementary School
  • Eisenhower Middle School
  • Ramapo High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window

Additional Features

  • Deck
  • 0.42 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 1170-00510-0000-00003-0001-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,174

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1958
  • Year Built Description: Approximate
  • County Name: Bergen
  • Exclusions: Personal items & Furniture's
  • Street Number Display: 508
  • Directions: Ravine Ave to Franklin Terrace
  • I D: 5025803
  • Modified: 2022-01-01
  • Number Images: 25
  • First Name: YANIV
  • First Name3: SERGIO
  • Last Name: GERSHON
  • Last Name3: SCIORTINO
  • Office Phone: 9173990155
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Washer
  • Number Rooms: 8
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x11
  • Kitchen Level: First
  • Living Room Dim: 21x13
  • Living Room Level: First
  • Other Room 1: FamilyRm
  • Other Room1 Dim: 24x21
  • Other Room1 Level: Ground
  • Other Room 2: Bathroom
  • Other Room2 Level: Ground
  • Estimated Sq Ft: 1500
  • Phone: 201-461-5000

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Barbeque, Deck

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: Concrete

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: COOLIDGE
  • Middle School: EISENHOWER
  • High School: RAMAPO
  • High School: RAMAPO
  • Middle Jr High School: EISENHOWER

Lot Info

  • Lot Size: 113X162
  • Assessed Improvement Value: 147000
  • Assessed Land Value: 359900
  • Assessment: 506900
  • Easement: Unknown
  • Lot Identifier: 3.1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.42

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9174
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1170-00510-0000-00003-0001-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.810
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: COOLIDGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 28, 2020
Sold by
Lee Kevin and Lee Jenny Kim
Bought by
Tanis Kenneth and Tanis Cathy
Seller's Agent
Yaniv Gershon
COLDWELL BANKER REALTY FLE
Buyer's Agent
SERGIO SCIORTINO
KELLER WILLIAMS VILLAGE SQUARE
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Current Estimated Value
$803,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,406
Avg. Annual Appreciation
9.54%
Original Mortgage
$175,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2002
Sold by
Ludwig Frances
Bought by
Lee Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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Average Value
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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
Tanis Kenneth $525,000 Carnegie Title Llc
Lee Kevin $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tanis Kenneth $175,000
Previous Owner Lee Jenny $402,000
Previous Owner Lee Kevin $150,000
Previous Owner Lee Kevin $406,000
Previous Owner Lee Kevin $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $525,000 -4.5% $350 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $549,900 -- $367 / 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 $9,885 $506,900 $359,900 $147,000
2024 $9,596 $506,900 $359,900 $147,000
2023 $9,337 $506,900 $359,900 $147,000
2022 $9,337 $506,900 $359,900 $147,000
2021 $9,398 $506,900 $359,900 $147,000
2020 $9,302 $506,900 $359,900 $147,000
2019 $9,175 $506,900 $359,900 $147,000
2018 $9,033 $506,900 $359,900 $147,000
2017 $8,921 $506,900 $359,900 $147,000
2016 $8,780 $506,900 $359,900 $147,000
2015 $8,683 $506,900 $359,900 $147,000
2014 $8,621 $543,200 $383,600 $159,600
Source: Public Records

Agents Affiliated with this Home

  • Yaniv Gershon

    Seller's Agent in 2020

    Yaniv Gershon

    COLDWELL BANKER REALTY FLE

    (917) 399-0155

    4 in this area

    43 Total Sales

    Yaniv Gershon
    Section Image

  • S

    Buyer's Agent in 2020

    SERGIO SCIORTINO

    KELLER WILLIAMS VILLAGE SQUARE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3672690

Garden State MLS

APN: 70-00510-0000-00003-01

New Jersey Bergen County Wyckoff 07481

508 Franklin Terrace, Wyckoff, NJ

This home is located at 508 Franklin Terrace, Wyckoff, NJ 07481 since 16 October 2020 and is currently estimated at $803,406, approximately $535 per square foot. This property was built in 1958. 508 Franklin Terrace is a home located in Bergen County with nearby schools including Calvin Coolidge Elementary School, Dwight D Eisenhower Middle School, and Ramapo High School.

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