NOT LISTED FOR SALE

822 Colonial Rd Franklin Lakes, NJ 07417

Estimated Value: $1,349,000 - $1,772,000

5 Beds
3.5 Baths
3,131 Sq Ft
$498/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $1,350,000 $431 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,433/month

15 Days on Market

Highlights

  • Heated In Ground Pool
  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Colonial Road School Rated A-
  • Stairway
  • Central Air

About This Home

As of September 2022

Simply move right in! This gorgeous home on 1.2 Acres has enjoyed total renovations inside and out, making it like new construction. With approx 3800 sf on 2 floors, plus and add'l 2000 sf in the walk out lower level, the quality of construction, design and layout are simply perfect! The main living areas flow seamlessly together connecting the cozy LR, an expansive kit to the family room with stone fireplace and walls of windows. These spaces have easy access to the expansive deck across the back of the home. The 1sf fl Primary Suite is a sanctuary with a new spa bath. The 2nd fl has 3 bedrms, and a new shared bath (4 Br Septic). LL w/ home office, rec rm, full bath and gym! Enjoy perfect summer parties w/so much room for guests to relax and swim. Updates inc. NEW a/c, boiler, HWH, heated garage, roof, hardiplank siding, windows! New landscaping, circular driveway, salt water pool heater and pump, pool house. All baths are new! Deck is new! The list goes on! Must be seen!

Last Agent to Sell the Property

Mary Premtaj

Compass New Jersey, LLC-Ridgewood Listed on: 07/07/2022

Compass New Jersey, LLC-Ridgewood

Last Buyer's Agent

Dorothy Terhune

RE/MAX Hometowne Realty

RE/MAX Hometowne Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,858

Lot Details

  • 1.16 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Accessible Home Design

  • Stairway

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Pool Liner

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00003 / 01303

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,858

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 551-284-0175
  • Outside Inclusions: lighting, window trmts,LL fridge,pool equipment
  • MLS Status: Sold - Sold
  • Directions: 822 Colonial Road
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 1960's,2020's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: REC RM/KITCHINETTE,BTH,OFFICE/BR,GYM,LNDRY,MUD RM

Exterior Features

  • Pool Features: Heated, In Ground, Liner, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: washer and dryer, all TV's
  • Construction Type: Cement Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas

Lot Info

  • Lot Size Sq Ft: 50530.0

Tax Info

  • Tax Annual Amount: 12858.0
  • Tax Block: 01303
  • Tax Lot: 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 19, 2022
Sold by
Simmers Matthew and Simmers Debra
Bought by
Marchitelli Christine and Marchitelli Barbara
Seller's Agent
Mary Premtaj
Compass New Jersey, LLC-Ridgewood
Buyer's Agent
Dorothy Terhune
RE/MAX Hometowne Realty
List Price
$1,325,000
Sold Price
$1,350,000
Premium/Discount to List
$25,000
1.89%
Current Estimated Value
$1,560,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,338
Avg. Annual Appreciation
4.67%
Original Mortgage
$350,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2014
Closed on
Nov 14, 2014
Sold by
Carnevale Michael G and Carnevale Patricia
Bought by
Simmers Debra and Simmers Matthew
Seller's Agent
JULIA MORRILL
PROMINENT PROPERTIES SIR
Buyer's Agent
Mary Premtaj
COMPASS NEW JERSEY LLC
Sold Price
$740,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$95,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 3, 1998
Sold by
Doyle Daniel P and Doyle Marion K
Bought by
Carnevale Michael G and Carnevale Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marchitelli Christine $1,350,000 --
Marchitelli Christine $1,350,000 None Listed On Document
Simmers Debra $740,000 None Available
Carnevale Michael G $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marchitelli Christine $350,000
Previous Owner Simmers Debra $95,000
Previous Owner Simmers Debra $555,000
Previous Owner Carnevale Michael G $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2022 09/20/22 Sold $1,350,000 +1.9% $431 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $1,325,000 +79.1% $423 / Sq Ft
11/14/2014 11/14/14 Sold $740,000 -- $236 / Sq Ft View Prior Sale
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
2025 $14,504 $807,600 $419,400 $388,200
2024 $13,971 $807,600 $419,400 $388,200
2023 $13,045 $807,600 $419,400 $388,200
2022 $13,045 $773,700 $419,400 $354,300
2021 $12,859 $773,700 $419,400 $354,300
2020 $12,751 $773,700 $419,400 $354,300
2019 $12,581 $766,200 $419,400 $346,800
2018 $12,451 $766,200 $419,400 $346,800
2017 $12,535 $766,200 $419,400 $346,800
2016 $12,573 $766,200 $419,400 $346,800
2015 $12,252 $766,200 $419,400 $346,800
2014 $12,045 $766,200 $419,400 $346,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22025144

New Jersey MLS

APN: 20-01303-02-00003-02