G
Seller's Agent in 2022
Grazyna Ziarko
Christie's Real Estate Northern NJ
(201) 218-8504
34 in this area
81 Total Sales
712 Cottonwood Dr Franklin Lakes, NJ 07417
Estimated Value: $1,972,000 - $2,584,000
6
Beds
6.5
Baths
6,740
Sq Ft
$330/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Multiple Fireplaces
- Central Air
- Colonial Road School Rated A-
- En-Suite Primary Bedroom
- Baseboard Heating
About This Home
As of July 2022Magnificent Colonial of 6700 sqft is set on a flat one acre in prestigious High Woods Gate of Urban Farms. The fantastic two story entry foyer opens up to a grand sized living room with FPL. Beautiful custom Salerno kitchen is connected with vaulted ceiling family room with Fpl and french doors leading to Mahogany paneled great room with wet bar and FPL. This home is perfect for entertainment and everyday life. Beautiful backyard offers in-ground pool and pool house with kitchenette and full bathroom. 6 bedrooms,6.5 bathrooms, 5 fireplaces,3 car garage, finished basement, circular driveway and much more...
Last Agent to Sell the Property
Christie's International Real Estate Group-Franklin Lakes Listed on: 05/10/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,786
Lot Details
- 0.96 Acre Lot
- Rectangular Lot
Parking
- 3 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- Multiple Fireplaces
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Pool
- In Ground Pool
- Pool Liner
Schools
- Colonial Road 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 00005 / 02304
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2022
Closed on
Jul 18, 2022
Sold by
Michael Figliozzi
Bought by
Zgjani Besmir and Chak Fatima
Seller's Agent
Grazyna Ziarko
Christie's International Real Estate Group-Franklin Lakes
Buyer's Agent
Nasreen Choudhry
Coldwell Banker, Ridgewood
List Price
$1,795,000
Sold Price
$1,655,000
Premium/Discount to List
-$140,000
-7.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,340
Avg. Annual Appreciation
10.34%
Original Mortgage
$1,324,000
Outstanding Balance
$1,272,408
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$953,151
Purchase Details
Closed on
Feb 11, 1998
Sold by
Bankers Trust Company Of California Na
Bought by
Oro Ileana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,800
Interest Rate
8.62%
Purchase Details
Closed on
Jan 23, 1998
Sold by
Wilshire Funding Corp
Bought by
Bankers Trust Company Of California Na
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,800
Interest Rate
8.62%
Purchase Details
Closed on
Dec 5, 1996
Sold by
Citicorp North America Inc
Bought by
Wilshire Funding Corp
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 |
|---|---|---|---|
| Zgjani Besmir | $1,655,000 | Catic Title | |
| Oro Ileana | $824,000 | -- | |
| Bankers Trust Company Of California Na | -- | -- | |
| Wilshire Funding Corp | $631,196 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zgjani Besmir | $1,324,000 | |
| Previous Owner | Oro Ileana | $216,000 | |
| Previous Owner | Oro Lleana | $250,000 | |
| Previous Owner | Oro Ileana | $200,000 | |
| Previous Owner | Oro Ileana | $300,000 | |
| Previous Owner | Oro Ileana | $335,000 | |
| Previous Owner | Oro Ileana | $576,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2022 07/21/22 | Sold | $1,655,000 | -7.8% | $246 / Sq Ft |
| 06/30/2022 06/30/22 | Pending | -- | -- | -- |
| 06/29/2022 06/29/22 | For Sale | $1,795,000 | +8.5% | $266 / Sq Ft |
| 05/20/2022 05/20/22 | Off Market | $1,655,000 | -- | -- |
| 05/10/2022 05/10/22 | For Sale | $1,795,000 | -- | $266 / Sq Ft |
Source: New Jersey 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 |
|---|---|---|---|---|
| 2024 | $31,150 | $1,655,000 | $441,000 | $1,214,000 |
| 2023 | $30,358 | $1,800,600 | $441,000 | $1,359,600 |
| 2022 | $30,358 | $1,800,600 | $441,000 | $1,359,600 |
| 2021 | $29,926 | $1,800,600 | $441,000 | $1,359,600 |
| 2020 | $29,674 | $1,800,600 | $441,000 | $1,359,600 |
| 2019 | $29,566 | $1,800,600 | $441,000 | $1,359,600 |
| 2018 | $29,260 | $1,800,600 | $441,000 | $1,359,600 |
| 2017 | $29,458 | $1,800,600 | $441,000 | $1,359,600 |
| 2016 | $29,548 | $1,800,600 | $441,000 | $1,359,600 |
| 2015 | $28,792 | $1,800,600 | $441,000 | $1,359,600 |
| 2014 | $28,305 | $1,800,600 | $441,000 | $1,359,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Nasreen Choudhry
Coldwell Banker, Ridgewood
(201) 362-5005
1 in this area
14 Total Sales
Map
Source: New Jersey MLS
MLS Number: 22016334
APN: 20-02304-06-00005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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