NOT LISTED FOR SALE

692 High Mountain Rd Franklin Lakes, NJ 07417

Estimated Value: $1,153,000 - $1,215,000

3 Beds
3 Baths
3,058 Sq Ft
$385/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $910,000 $298 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,557/month

22 Days on Market

Highlights

  • Views to the East
  • Multiple Fireplaces
  • Central Air
  • High Mountain Road Elementary School Rated A-
  • En-Suite Primary Bedroom
  • Baseboard Heating

About This Home

As of June 2023

Welcome to this stunning Franklin Lakes home that promises to elevate your lifestyle to new heights. With 3 BR & 3 full baths, this property boasts an open & inviting floor plan with soaring cathedral ceilings that create a feeling of grandeur & spaciousness. 2 fireplaces, adorned with elegant marble surrounds, add a touch of warmth & coziness to the space, making it perfect for entertaining guests or spending a relaxing evening with your loved ones. One of the highlights of this home is the sumptuous primary suite that features skylights, an abundance of natural light & a sense of tranquility. The closet space has been outfitted with custom organizers, ensuring that everything has its place. Mesmerizing views of the parklike acre that surrounds this home add to the feeling of privacy you'll enjoy. In addition to its exceptional features, this property will have a brand new septic system & has a newer roof, providing peace of mind & ensuring your investment is protected.

Last Agent to Sell the Property

Barbara Rakov

Coldwell Banker, Allendale/Saddle River Valley Listed on: 03/02/2023

Coldwell Banker, Allendale/Saddle River Valley

Co-Listed By

Nella Veldran

Coldwell Banker, Allendale/Saddle River Valley

Last Buyer's Agent

Coleen Tavolara

Terrie O'Connor Realtors-Wyckoff

Terrie O'Connor Realtors-Wyckoff

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,247

Lot Details

  • 0.93 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Views to the East

Bedrooms and Bathrooms

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

Schools

  • High Mountain Elementary School
  • Franklin Ave Middle School
  • Ramapo/Indian Hills High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00015 / 02101

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,247

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Bi-Level
  • ResoLotFeatures: Regular
  • View Type:Pond View: East
  • Co List Office Phone: 201-327-5050
  • Outside Inclusions: All light fixtures, washer, dryer
  • MLS Status: Sold - Sold
  • Directions: High Mountain Rd. between Scioto & Hopi
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 1960's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Traditnl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Fabricated Stucco

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Hot Water

Schools

  • Elementary School: High Mountain
  • High School: Ramapo/Indian Hills
  • Middle Or Junior School: Franklin Ave M.S.
  • Elementary: High Mountain

Lot Info

  • Lot Size Sq Ft: 40511.0

Tax Info

  • Tax Annual Amount: 12247.0
  • Tax Block: 02101
  • Tax Lot: 00015

MLS Schools

  • High School Text: Ramapo/Indian Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Jun 15, 2023
Sold by
Carey-Cotugno Sharon A
Bought by
Wagheei Amir
Seller's Agent
Barbara Rakov
Coldwell Banker, Allendale/Saddle River Valley
Buyer's Agent
Coleen Tavolara
Terrie O'Connor Realtors-Wyckoff
List Price
$869,900
Sold Price
$910,000
Premium/Discount to List
$40,100
4.61%
Views
180
Current Estimated Value
$1,175,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,989
Avg. Annual Appreciation
13.12%
Original Mortgage
$728,000
Outstanding Balance
$707,890
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$468,099

Purchase Details

Closed on
Dec 1, 2006
Sold by
Cotugno Jeffrey W
Bought by
Cotugno Sharon A

Purchase Details

Closed on
Jan 6, 1994
Sold by
Dodge Philip and Dodge Catherine
Bought by
Cotugno Jeffrey and Carey Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
7.23%
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
Wagheei Amir $910,000 Madison Title
Cotugno Sharon A -- --
Cotugno Jeffrey $287,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagmeri Amir $112,000
Open Wagheei Amir $728,000
Previous Owner Carey Cotugno Sharon A $275,000
Previous Owner Carey Cortugno Sharon A $264,000
Previous Owner Cotugno Sharon A Carey $188,000
Previous Owner Cotugno Jeffrey $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $910,000 +4.6% $298 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $869,900 0.0% $284 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $869,900 -- $284 / Sq Ft
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
2024 $12,748 $736,900 $482,400 $254,500
2023 $12,424 $736,900 $482,400 $254,500
2022 $12,424 $736,900 $482,400 $254,500
2021 $12,247 $736,900 $482,400 $254,500
2020 $12,144 $736,900 $482,400 $254,500
2019 $12,100 $736,900 $482,400 $254,500
2018 $11,975 $736,900 $482,400 $254,500
2017 $12,056 $736,900 $482,400 $254,500
2016 $12,093 $736,900 $482,400 $254,500
2015 $11,783 $736,900 $482,400 $254,500
2014 $11,584 $736,900 $482,400 $254,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23005956

New Jersey MLS

APN: 20-02101-16-00015