$950,000
SOLD FEB 19, 2016

725 Natures Way Franklin Lakes, NJ 07417

4 Beds
4 Baths
4,772 Sq Ft
2.36 Acres

Recently Sold

$199 Per Sq Ft

5% Below List Price

36 Days on Market

Highlights

  • In Ground Pool
  • 2.36 Acre Lot
  • 3 Car Attached Garage
  • Woodside Avenue Elementary School Rated 10
  • Colonial Architecture
  • Eat-In Kitchen

About This Home

As of June 2023

This gracious Manor home is situated on 2.36 acres. The rear of the property features a beautiful pool & spa, as well as decks and patios The approach is via a circular drive. A grand 2 story Foyer welcomes you to the home. The first floor features a front to back Living room, formal Dining room, & Kitchen with separate dining area; all overlooking the rear property.The Family room is grand, with vaulted ceiling, a magnificent stone fireplace & many windows.The Den or home office, laundry & full bath complete the first floor.The Den could be a first floor bedroom if desired.There are four bedrooms & two baths on the second floor. All rooms are large. The lower level is finished and features a Sauna, Hot tub, and another full bath This well maintained home is awaiting its next owner.

Last Agent to Sell the Property

DONNA WATSON

COLDWELL BANKER REALTY WYK Listed on: 10/19/2015

Last Buyer's Agent

KHODR ELATAB

COLDWELL BANKER REALTY RDG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,892

Year Built

  • Built in 1974

Lot Details

  • 2.36 Acre Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Shingle Roof
  • Stone Siding
  • Clapboard

Interior Spaces

  • Great Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 4 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Standard Electricity
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 1120-01504-0003-00023-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,892

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1974
  • Year Built Description: Approximate
  • County Name: Bergen
  • Easements Description: ELECTRIC CO
  • Street Number Display: 725
  • Directions: FRANKLIN TO IRON LATCH TO NATURES WAY
  • I D: 4576656
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: DONNA
  • First Name3: KHODR
  • Last Name: WATSON
  • Last Name3: ELATAB
  • Office Phone: 201-848-3237
  • Office Phone3: 201-445-9400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Great Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Electric, Hot Tub, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Number Rooms: 10
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Full, Finished
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room1 Level: Basement
  • Phone: 201-891-6700

Exterior Features

  • Exterior Description: Brick, Clapboard, Stone, Stucco
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Septic
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 2.363 AC
  • Assessed Improvement Value: 661900
  • Assessed Land Value: 492200
  • Assessment: 1154100
  • Easement: Yes
  • Lot Identifier: 23
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.36

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17892
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-01504-0003-00023-0000-
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Feb 12, 2016
Sold by
Mattei Jon and Estate Of John Mattei
Bought by
Alkayat Mohamed F and Alyaghchi Samar
Seller's Agent
DONNA WATSON
COLDWELL BANKER REALTY WYK
Buyer's Agent
KHODR ELATAB
COLDWELL BANKER REALTY RDG
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Total Days on Market
36
Current Estimated Value
$1,537,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,974
Avg. Annual Appreciation
5.33%
Original Mortgage
$550,000
Outstanding Balance
$442,292
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$1,095,682
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Executors Deed $950,000 Us Title Solutions Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $1,350,000 -3.6% $283 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
11/06/2022 11/06/22 For Sale $1,399,999 +47.4% $293 / Sq Ft
02/19/2016 02/19/16 Sold $950,000 -4.9% $199 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $999,000 -- $209 / 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 $19,966 $1,154,100 $492,200 $661,900
2023 $19,458 $1,154,100 $492,200 $661,900
2022 $19,458 $1,154,100 $492,200 $661,900
2021 $19,181 $1,154,100 $492,200 $661,900
2020 $19,020 $1,154,100 $492,200 $661,900
2019 $18,950 $1,154,100 $492,200 $661,900
2018 $18,754 $1,154,100 $492,200 $661,900
2017 $18,881 $1,154,100 $492,200 $661,900
2016 $18,939 $1,154,100 $492,200 $661,900
2015 $18,204 $1,154,100 $492,200 $661,900
2014 $17,892 $1,154,100 $492,200 $661,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3261209

Garden State MLS

APN: 20-01504-03-00023