NOT LISTED FOR SALE

580 Franklin Lake Rd Franklin Lakes, NJ 07417

Estimated Value: $1,220,052 - $1,466,000

5 Beds
3 Baths
-- Sq Ft
0.5 Acres

Last Sold June 10, 2019

Last sale price $825,000

Est. 63% increase in value since last sale

Current estimated payment $8,546/month

Highlights

  • Multiple Fireplaces
  • High Mountain Road Elementary School Rated A-
  • En-Suite Primary Bedroom

About This Home

As of September 2023

This Magnificent Custom-Built Home in the highly sought-after town of Franklin Lakes offers near 4000 sqft of living space! Desirable open and airy floor plan for abundance of natural light,convenience of entertaining and comfort of everyday living!Spacious and inviting living and dining room,gourmet kitchen with a 2tier breakfast bar,expansive family room with wood burning fireplace and full bath complete the first level.Second floor features 4 large bedrooms and a lavish master bedroom suit with fireplace,huge walk-in closet and a luxurious master bath with jacuzzi,steam shower and radiant heated floors. Other highlights include finished basement,oversized 2car garage,brazilian cherry hardwood floors throughout the home, central heat/AC,security system and cameras. Exceptional schools in town!Excellent location!Close to shops,restaurants, parks and transportation. Don`t miss out on this wonderful opportunity to enjoy the fabulous local lifestyle! Make your appointment today!!!

Last Agent to Rent the Property

Tatiana Mosquera

United Real Estate Listed on: 07/12/2023

United Real Estate

Last Renter's Agent

Fernando Encarnacion

Coldwell Banker, Alpine/Closter

Coldwell Banker, Alpine/Closter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,479

Year Built

  • 1963

Lot Details

  • 0.5

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Laundry in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,479

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Single Family Residence
  • ResoLaundryFeatures: In Basement
  • View Type:Pond View: None
  • Reso Association Amenities: None
  • Reso Pets Allowed: Pets Conditional
  • Co List Office Phone: (888) 501-6953
  • MLS Status: Leased - Leased
  • Directions: Ewin to Franklin Lake Rd-Vee Dr
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 2000's
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features: Attached

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Lot Info

  • Lot: 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 1997
Sold by
Vainshtok Vyacheslav and Vainshtok Margarita
Bought by
Dalipovski Erdoan and Dalipovski Ismet
Current Estimated Value
$1,347,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,450
Interest Rate
7.52%

Purchase Details

Closed on
Sep 28, 1994
Sold by
Nigro Enrico and Nigro Kathryn
Bought by
Vainshtok Vyachesav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.55%
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 Buyer Sale Price Title Company
Dalipovski Erdoan $217,000 Commonwealth Land Title Ins
Vainshtok Vyachesav $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dalipovski Erdon $525,000
Closed Dalipovski Erdoan $545,000
Closed Dalipovski Erdoan $25,000
Closed Dalipovski Erdoan $184,450
Previous Owner Vainshtok Vyachesav $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Rented $5,000 0.0% --
07/12/2023 07/12/23 For Rent $5,000 0.0% --
05/25/2022 05/25/22 Rented $5,000 -9.1% --
05/09/2022 05/09/22 Price Changed $5,500 -8.3% --
05/02/2022 05/02/22 For Rent $6,000 0.0% --
06/10/2019 06/10/19 Sold $825,000 -2.9% --
03/26/2019 03/26/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $849,900 -- --
Source: New Jersey 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 $14,479 $806,200 $320,600 $485,600
2024 $13,947 $806,200 $320,600 $485,600
2023 $13,593 $806,200 $320,600 $485,600
2022 $13,593 $806,200 $320,600 $485,600
2021 $13,399 $806,200 $320,600 $485,600
2020 $13,286 $806,200 $320,600 $485,600
2019 $12,929 $787,400 $320,600 $466,800
2018 $12,795 $787,400 $320,600 $466,800
2017 $12,882 $787,400 $320,600 $466,800
2016 $12,921 $787,400 $320,600 $466,800
2015 $12,591 $787,400 $320,600 $466,800
2014 $12,378 $787,400 $320,600 $466,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23021474

New Jersey MLS

APN: 20-03305-01-00003