NOT LISTED FOR SALE

718 Peach Tree Ln Franklin Lakes, NJ 07417

Estimated Value: $2,819,000 - $3,408,000

6 Beds
6 Baths
2,577 Sq Ft
$1,209/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $2,575,000 $999 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $20,659/month

50 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Fireplace
  • High Mountain Road Elementary School Rated A-
  • Property is near public transit
  • Attached Garage

About This Home

As of November 2020

One of a kind is truly an understatement when it comes to this superior new construction home! This astonishing home is nestled on nearly an acre in the Prestigious Highwood Gates Section. Enjoy the best of both worlds from the charming white hardy-plank exterior with the stark contrast window casings to the elegant modern marvel on the interior! Approx 9,000 sf of total living space/additional 960 SF 3 car garage W 15 FT ceilings. A 1st class modern kitchen boasting quartz countertops & Carrara marble backsplash complete with Sub-Zero refrigerator & Wolf appliances. Full finished bsmt/rec rm/gym w two means of egress. On the 2nd flr, relax & unwind in the breathtaking master suite with Fpl, boutique WIC w/ gorgeous custom built-ins, & luxurious ensuite master BTH, soak in tub, & designer tiles and finishes. In total, the home features 6 BR,6 BTH & a bonus room. 6 Zone HVAC system, Radiant floor heat in all BTH,generator, 6' European White Oak Flrs. Plenty of rm for a poo

Last Agent to Sell the Property

Tony Nabhan

Keller Williams City Views Realty Listed on: 08/27/2020

Keller Williams City Views Realty

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,465

Lot Details

  • 0.92 Acre Lot
  • Rectangular Lot
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Well
  • Septic System

Additional Features

  • Deck
  • Cement Board Skirt

Listing and Financial Details

  • Assessor Parcel Number 0220023090001000020001

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,465

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Cntr Stairwl
  • Lifestyle: Close/School, Close/Shopg, Close/Trans, Extended Family
  • Miscellaneous: Sprinklers, Strms/Scrns, Deck / Patio
  • Views/Exposure: None
  • Year Built: New Construction-New Foundation
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 14
  • Fireplace: 3 Fireplaces
  • Bedrooms: 6
  • Total Bathrooms: 4.20
  • Primary Bathroom: Y
  • Full Bathrooms: 4
  • Partial Bathroom: 2
  • Basement: Finished, Full
  • Basement: FINISHED/GYM/REC ROOM/PLAYROOM
  • Items Included: REFRIG/DW/RANGE-OVEN/MW/WASHER/DRYER/LIGHTING

Exterior Features

  • Exterior: Other, Cement Board Siding
  • Waterfront: None

Garage/Parking

  • Garage: 3+car Garage, Attached

Utilities

  • Heating: Gas, Hot Air, Radiant, Multi-Zone
  • Sewer: Septic
  • Water Source: Well
  • Cooling: Central Air, Multi-Zone

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 600
  • Lot: 00002
  • Lot Description: Regular
  • Lot Dimensions: 200x200
  • Estimated Lot Frontage: 200
  • Estimated Lot Sq Ft: 40075
  • Lot Suffux: 0001

Tax Info

  • Assessor Parcel Number: 0220023090001000020001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Nov 10, 2020
Sold by
Scheschuk Daniel and Scheschuk Sandra
Bought by
Kabakci Mursel and Kabakci Antigona
Seller's Agent
Tony Nabhan
Keller Williams City Views Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$2,895,000
Sold Price
$2,575,000
Premium/Discount to List
-$320,000
-11.05%
Current Estimated Value
$3,115,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,206
Avg. Annual Appreciation
4.25%

Purchase Details

Listed on
Oct 24, 2019
Closed on
Feb 3, 2020
Sold by
718 Peach Tree Llc
Bought by
Scheschuk Daniel and Scheschuk Sandra
Seller's Agent
Tony Nabhan
Keller Williams City Views Realty
Buyer's Agent
Erin Nekus
Christie's International Real Estate Group-HoHoKus-Ridgewood East
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$1,920,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2017
Sold by
Krutchik Paula K and Krutchik Allan N
Bought by
718 Peach Tree Llc
Source: Public Records

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Range of Values:

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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
Kabakci Mursel $2,575,000 Fidelity National Ttl Ins Co
Scheschuk Daniel $2,400,000 First Bergen Title Agcy Llc
718 Peach Tree Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karakci Mursel $822,375
Previous Owner Scheschuk Daniel $1,920,000
Previous Owner 718 Peach Tree Llc $1,000,000
Previous Owner Krutchik Paula K $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $2,575,000 -6.4% $999 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/07/2020 10/07/20 Price Changed $2,750,000 -5.0% $1,067 / Sq Ft
08/27/2020 08/27/20 For Sale $2,895,000 +20.6% $1,123 / Sq Ft
02/03/2020 02/03/20 Sold $2,400,000 -3.8% $931 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $2,495,000 -- $968 / 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 $40,465 $2,339,000 $434,000 $1,905,000
2023 $39,436 $2,339,000 $434,000 $1,905,000
2022 $39,436 $2,339,000 $434,000 $1,905,000
2021 $38,864 $2,339,000 $434,000 $1,905,000
2020 $7,152 $434,000 $434,000 $0
2019 $7,126 $434,000 $434,000 $0
2018 $11,750 $723,100 $434,000 $289,100
2017 $11,830 $723,100 $434,000 $289,100
2016 $11,866 $723,100 $434,000 $289,100
2015 $11,562 $723,100 $434,000 $289,100
2014 $11,367 $723,100 $434,000 $289,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20035433

New Jersey MLS

APN: 20-02309-01-00002-01