NOT LISTED FOR SALE

717 Somerset St Franklin Lakes, NJ 07417

Estimated Value: $1,416,324 - $1,791,000

5 Beds
3 Baths
3,676 Sq Ft
$438/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $1,070,000 $291 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $10,000/month

About This Home

As of October 2015

This home is located at 717 Somerset St, Franklin Lakes, NJ 07417 since 29 October 2015 and is currently estimated at $1,611,331, approximately $438 per square foot. This property was built in 1984. 717 Somerset St is a home located in Bergen County with nearby schools including Colonial Road School, Franklin Avenue Middle School, and Indian Hills High School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,388

Year Built

  • Built in 1984

Lot Details

  • 0.94 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,388

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • County Name: Bergen
  • Street Number Display: 717
  • I D: 4567789
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 201-848-4002
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.00

Lot Info

  • Lot Size: .94AC
  • Total Acres: 0.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2015
Closed on
Oct 29, 2015
Sold by
Gupta Ajay and Gupta Sunita
Bought by
Lombardi Michael and Lombardi Laura
Sold Price
$1,070,000
Total Days on Market
0
Current Estimated Value
$1,611,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,331
Avg. Annual Appreciation
4.36%
Original Mortgage
$856,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Lombardi Michael $1,070,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lombardi Michael $804,000
Closed Lombardi Michael $856,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2015 10/29/15 Sold $1,070,000 -- $291 / 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
2024 $17,388 $1,005,100 $488,000 $517,100
2023 $16,946 $1,005,100 $488,000 $517,100
2022 $16,946 $1,005,100 $488,000 $517,100
2021 $16,274 $979,200 $488,000 $491,200
2020 $16,137 $979,200 $488,000 $491,200
2019 $16,078 $979,200 $488,000 $491,200
2018 $15,912 $979,200 $488,000 $491,200
2017 $16,020 $979,200 $488,000 $491,200
2016 $16,069 $979,200 $488,000 $491,200
2015 $15,657 $979,200 $488,000 $491,200
2014 $15,393 $979,200 $488,000 $491,200
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 3253055

Garden State MLS

APN: 20-01106-0000-00014

New Jersey Bergen County Franklin Lakes 07417

717 Somerset St, Franklin Lakes, NJ

This home is located at 717 Somerset St, Franklin Lakes, NJ 07417 since 29 October 2015 and is currently estimated at $1,611,331, approximately $438 per square foot. This property was built in 1984. 717 Somerset St is a home located in Bergen County with nearby schools including Colonial Road School, Franklin Avenue Middle School, and Indian Hills High School.

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