717 Somerset St Franklin Lakes, NJ 07417
Estimated Value: $1,518,394 - $1,846,000
5
Beds
3
Baths
3,676
Sq Ft
$457/Sq Ft
Est. Value
About This Home
As of October 2015This home is located at 717 Somerset St, Franklin Lakes, NJ 07417 since 29 October 2015 and is currently estimated at $1,681,599, approximately $457 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
- $18,052
Year Built
- Built in 1984
Lot Details
- 0.94 Acre Lot
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
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
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
$611,599
Avg. Annual Appreciation
4.59%
Original Mortgage
$856,000
Outstanding Balance
$639,100
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,042,499
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 | $856,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2015 10/29/15 | Sold | $1,070,000 | -- | $291 / 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 | $18,052 | $1,005,100 | $488,000 | $517,100 |
| 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
APN: 20-01106-0000-00014
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