Seller's Agent in 2020
Jeanine Soderlund
RE/MAX
(201) 657-1811
1 in this area
53 Total Sales
708 Somerset St Franklin Lakes, NJ 07417
Estimated Value: $1,805,000 - $2,068,000
5
Beds
4.5
Baths
5,266
Sq Ft
$362/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Colonial Architecture
- Cathedral Ceiling
- Colonial Road School Rated A-
- Recreation Room
- Wood Flooring
About This Home
As of January 2020Classic Leonard built colonial. This spacious home provides over 5,000 sf. for gracious living. Situated on quiet tree lined st. in the "Lily Pond" neighborhd, this home is bound to please This 5 BR, 4.5 bath traditional Tudor Colonial features Gorgeous hardwd flrs, Formal LR & DR, dramatic 2 story great rm w/flr to ceiling stone fpl & bar area. Newer Salerno kitchen, Den/Br, full bath, powder rm & laundry complete the 1st flr. You'll love the 2nd flr balcony overlooking the great rm. Master BR suite w/cathedral ceiling, double walk in closets, master bath & private office. 4 addl BR's; one ensuite, beautiful built-ins and add'l full bath. Recently remodeled rec rm. Impeccably maintained property w/heated gunite pool, & patio. A home to be experienced!
Co-Listed By
LAURIE BURNETTE
PROMINENT PROPERTIES SIR
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,516
Year Built
- Built in 1984
Lot Details
- 0.92 Acre Lot
- Level Lot
- Sprinkler System
Parking
- 3 Car Direct Access Garage
- Inside Entrance
- Garage Door Opener
- Circular Driveway
Home Design
- Colonial Architecture
- Tudor Architecture
- Brick Exterior Construction
Interior Spaces
- Wet Bar
- Cathedral Ceiling
- Entrance Foyer
- Great Room with Fireplace
- Living Room
- Formal Dining Room
- Home Office
- Recreation Room
- Storage Room
- Utility Room
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
- Intercom
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Dressing Area
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Gunite Pool
Outdoor Features
- Patio
Utilities
- Zoned Heating and Cooling
- Standard Electricity
- Gas Water Heater
- Septic System
Community Details
- Community Pool
Listing and Financial Details
- Assessor Parcel Number 1120-01106-0000-00023-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 22, 2011
Sold by
Craparo Anthony F and Craparo Roseanne C
Bought by
Petrino Michael and Petrino Christine
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,188,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Petrino Michael | $1,485,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Georgiev Ivan G | $925,104 | |
| Closed | Petrino Michael | $1,135,000 | |
| Closed | Petrino Michael | $1,188,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2020 01/15/20 | Sold | $1,200,000 | -5.9% | $228 / Sq Ft |
| 10/28/2019 10/28/19 | Pending | -- | -- | -- |
| 10/05/2019 10/05/19 | Price Changed | $1,275,000 | -5.5% | $242 / Sq Ft |
| 09/07/2019 09/07/19 | Price Changed | $1,349,900 | -8.7% | $256 / Sq Ft |
| 06/19/2019 06/19/19 | For Sale | $1,479,000 | -- | $281 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $21,552 | $1,200,000 | $484,000 | $716,000 |
| 2024 | $20,760 | $1,200,000 | $484,000 | $716,000 |
| 2023 | $20,232 | $1,200,000 | $484,000 | $716,000 |
| 2022 | $20,232 | $1,200,000 | $484,000 | $716,000 |
| 2021 | $19,944 | $1,200,000 | $484,000 | $716,000 |
| 2020 | $25,608 | $1,553,900 | $484,000 | $1,069,900 |
| 2019 | $25,515 | $1,553,900 | $484,000 | $1,069,900 |
| 2018 | $25,251 | $1,553,900 | $484,000 | $1,069,900 |
| 2017 | $25,422 | $1,553,900 | $484,000 | $1,069,900 |
| 2016 | $25,500 | $1,553,900 | $484,000 | $1,069,900 |
| 2015 | $24,847 | $1,553,900 | $484,000 | $1,069,900 |
| 2014 | $24,427 | $1,553,900 | $484,000 | $1,069,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Seller Co-Listing Agent in 2020
LAURIE BURNETTE
PROMINENT PROPERTIES SIR
Map
Source: Garden State MLS
MLS Number: 3567099
APN: 20-01106-0000-00023
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