NOT LISTED FOR SALE

833 Trailing Ridge Rd Franklin Lakes, NJ 07417

Estimated Value: $2,434,179 - $2,712,000

5 Beds
5.5 Baths
7,176 Sq Ft
$356/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $1,945,000 $271 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $16,867/month

162 Days on Market

Highlights

  • Lake Front
  • 78,887 Sq Ft lot
  • Colonial Architecture
  • Ramapo High School Rated A
  • Views to the East
  • Deck

About This Home

As of October 2021

This cul-de-sac location presents a WATERFRONT Estate on over 1.8 acres offering an oasis of epic proportion w/utmost in privacy and exclusivity. Enjoy the sparkling heated pool, extensive tiered patios and green lawns for outdoor activities! Stroll the property to the PRIVATE 3 ACRE LAKE shared by only 6 homes...all yours for boating, fishing, paddle boarding, ice skating! Or sit and relax while taking in the tranquil water views. A classic brick facade, intriguing architecture and quality construction create a timeless beauty with inviting vignettes throughout. A Guest/Extended Family wing w/ensuite BR, Fam Rm, Kit and sliding doors to a private patio. The Mstr Wing is a PERFECT get-away-and decompress space that includes Br, Huge Sitting Rm, WIC's, and NEW LUXE Bth. Gourmet Kitchen basks in natural light. The GR/Fpl opens to the Solarium over looking the water! Now more than ever, our home is our haven. A place to live, work, and play. Find your spot, relax, unwind, enjoy!

Last Agent to Sell the Property

Mary Premtaj

Compass New Jersey, LLC-Ridgewood Listed on: 03/04/2021

Compass New Jersey, LLC-Ridgewood

Last Buyer's Agent

Tamima Friedman

Keller Williams Realty - NJ Metro Group

Keller Williams Realty - NJ Metro Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,709

Lot Details

  • 1.81 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Rectangular Lot
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Built in the 1980s
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Central Vacuum
  • Skylights
  • Fireplace
  • Views to the East
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Deck

Location

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

Utilities

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

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 022001607000300002

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,709

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Cntr Stairwl
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, Extended Family
  • Miscellaneous: Central Vac, Hdwd As In, Security, Skylights, Sprinklers, Strms/Scrns, WW/Carpet As In, Deck / Patio
  • Views/Exposure: East, Sunset
  • Year Built: 1980's, Renovated
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 12
  • Fireplace: 2 Fireplaces
  • Bedrooms: 5
  • Total Bathrooms: 5.10
  • Primary Bathroom: Y
  • Full Bathrooms: 5
  • Partial Bathroom: 1
  • Basement: Finished, Full
  • Basement: Media, Gym, Gaming, Summer Kitchen, Full Bth, Storage
  • Items Not Included: DR Chandelier, 2 Chandeliers in Apartment

Exterior Features

  • Exterior: Brick
  • Waterfront: Lake Front

Garage/Parking

  • Garage: Attached

Utilities

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

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Woodside Ave E.S.
  • Middle School: Franklin Ave M.S.
  • High School: Ramapo/Indian Hills

Lot Info

  • County Name: BERGEN
  • Locale: 600
  • Lot: 00002
  • Lot Description: Cul-de-sac, Regular
  • Lot Dimensions: 1.8 acres
  • Estimated Lot Sq Ft: 78887

Tax Info

  • Tax: 31709
  • Assessor Parcel Number: 022001607000300002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Oct 8, 2021
Sold by
Graham Robert S and Graham Nadia M
Bought by
Nti Akosua Addae and Makumbe Pardon
Seller's Agent
Mary Premtaj
Compass New Jersey, LLC-Ridgewood
Buyer's Agent
Tamima Friedman
Keller Williams Realty - NJ Metro Group
List Price
$2,095,000
Sold Price
$1,945,000
Premium/Discount to List
-$150,000
-7.16%
Current Estimated Value
$2,551,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,795
Avg. Annual Appreciation
7.45%
Original Mortgage
$1,556,000
Outstanding Balance
$1,434,233
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,117,562

Purchase Details

Closed on
Apr 24, 2003
Sold by
Freeman Robert
Bought by
Graham Robert and Graham Nadia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.86%
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
Nti Akosua Addae $1,945,000 Fidelity National Ttl Ins Co
Graham Robert $1,522,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nti Akosua Addae $1,556,000
Previous Owner Graham Robert S $500,000
Previous Owner Graham Robert $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $1,945,000 -2.5% $271 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
05/28/2021 05/28/21 Price Changed $1,995,000 -2.4% $278 / Sq Ft
03/28/2021 03/28/21 Price Changed $2,045,000 -2.4% $285 / Sq Ft
03/04/2021 03/04/21 For Sale $2,095,000 -- $292 / 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 $33,287 $1,924,100 $562,200 $1,361,900
2023 $32,440 $1,924,100 $562,200 $1,361,900
2022 $32,440 $1,924,100 $562,200 $1,361,900
2021 $31,979 $1,924,100 $562,200 $1,361,900
2020 $31,709 $1,924,100 $562,200 $1,361,900
2019 $31,594 $1,924,100 $562,200 $1,361,900
2018 $31,267 $1,924,100 $562,200 $1,361,900
2017 $31,478 $1,924,100 $562,200 $1,361,900
2016 $31,574 $1,924,100 $562,200 $1,361,900
2015 $30,766 $1,924,100 $562,200 $1,361,900
2014 $30,247 $1,924,100 $562,200 $1,361,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21007590

New Jersey MLS

APN: 20-01607-03-00002