NOT LISTED FOR SALE

768 Phelps Rd Franklin Lakes, NJ 07417

Estimated Value: $996,000 - $1,281,000

4 Beds
2.5 Baths
3,581 Sq Ft
$323/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $605,000 $169 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,884/month

127 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Contemporary Architecture
  • Ramapo High School Rated A
  • Dining Room with Fireplace
  • Cathedral Ceiling

About This Home

As of November 2018

Major price reduction. Motivated Seller. 3580 sq feet open concept living to renovate. Soaring double-sided fireplace in vaulted living/dining room. Spacious two-level kitchen/family room with massive stone fireplace. All four bedrooms with vaulted ceilings and balconies. Master with en suite bathroom and three closets. Three zone heat/cool. Central vacuum. Plus! Heated swimming pool on a .92 acre lot. Low property taxes.

Last Agent to Sell the Property

ALICE WHITE

COLDWELL BANKER REALTY WYK Listed on: 05/31/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,178

Year Built

  • Built in 1975

Lot Details

  • 0.91 Acre Lot
  • Fenced
  • Level Lot
  • Irregular Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Track Lighting
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Storage Shed
  • Porch

Schools

  • Woodside Elementary School
  • Franklin Middle School
  • Ramapo High School

Utilities

  • Multiple Heating Units
  • Forced Air Heating System
  • Underground Utilities
  • Well
  • Septic System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 1120-01601-0001-00011-0001-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,178

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Style: Contemporary
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Year Built: 1975
  • Year Built Description: Approximate
  • County Name: Bergen
  • Exclusions: Owners personal property.
  • Street Number Display: 768
  • Directions: Pulis Ave to Phelps Rd to 768
  • I D: 4807702
  • Modified: 2021-09-23
  • Number Images: 14
  • First Name: ALICE
  • First Name3: UNKNOWN
  • Last Name: WHITE
  • Last Name3: AGENT
  • Office Phone: 201-891-6700
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Dining Room, Family Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Central Vacuum, CookElec, Refrigerator, Washer, Dishwasher, Jennaire Type, Kitchen Exhaust Fan, Dryer
  • Interior Amenities: Walk-In Closet, Security System, StallTub, Carbon Monoxide Detector, High Ceilings, Skylight, Cathedral Ceiling, Smoke Detector, Track Lighting
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Dining Area: Formal Dining Room
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Phone: 201-891-6700

Exterior Features

  • Exterior Description: CedarSid
  • Exterior Features: Storage Shed, Underground Lawn Sprinkler, Metal Fence, Open Porch(es), Deck
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Built-In Garage, InEntrnc
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Circular

Utilities

  • Cooling: 3 Units
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air
  • Sewer: Septic
  • Utilities: All Underground
  • Water: Well

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Schools

  • Elementary School: WOODSIDE
  • Middle School: FRANKLIN
  • High School: RAMAPO
  • High School: RAMAPO
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: .91 AC
  • Assessed Improvement Value: 376300
  • Assessed Land Value: 307000
  • Assessment: 683300
  • Easement: Unknown
  • Lot Description: Level Lot, Irregular Lot
  • Lot Identifier: 11.1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.91
  • Zoning: residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11178
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-01601-0001-00011-0001-
  • Tax Rate Amount: 1.636
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: WOODSIDE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Nov 21, 2018
Sold by
Botter Theodore I and Godstone Fact A
Bought by
Magharios Miray and Guirguis Armia
Seller's Agent
ALICE WHITE
COLDWELL BANKER REALTY WYK
List Price
$775,000
Sold Price
$605,000
Premium/Discount to List
-$170,000
-21.94%
Current Estimated Value
$1,091,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,874
Avg. Annual Appreciation
9.20%
Original Mortgage
$544,500
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 19, 2000
Bought by
Botter Theodore I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.88%
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 Buyer Sale Price Title Company
Magharios Miray $605,000 Reliant Title Agency
Magharios Miray $605,000 Reliant Title Agency
Botter Theodore I -- --
Botter Theodore I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magharios Miray $549,350
Closed Magharios Miray $544,500
Previous Owner Botter Theodore I $589,000
Previous Owner Botter Theodore I $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $605,000 -21.9% $169 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $775,000 -- $216 / 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
2025 $10,866 $605,000 $307,000 $298,000
2024 $10,467 $605,000 $307,000 $298,000
2023 $10,200 $605,000 $307,000 $298,000
2022 $10,200 $605,000 $307,000 $298,000
2021 $10,055 $605,000 $307,000 $298,000
2020 $9,970 $605,000 $307,000 $298,000
2019 $11,220 $683,300 $307,000 $376,300
2018 $11,104 $683,300 $307,000 $376,300
2017 $11,179 $683,300 $307,000 $376,300
2016 $11,213 $683,300 $307,000 $376,300
2015 $10,676 $683,300 $307,000 $376,300
2014 $10,491 $683,300 $307,000 $376,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3475133

Garden State MLS

APN: 20-01601-01-00011-01