NOT LISTED FOR SALE

856 Summit Ave Franklin Lakes, NJ 07417

Estimated Value: $1,504,070 - $1,936,000

5 Beds
4 Baths
3,808 Sq Ft
$436/Sq Ft Est. Value

Last Sold May 08, 2013

Last sale price $892,537 $234 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $10,862/month

About This Home

As of May 2013

This home is located at 856 Summit Ave, Franklin Lakes, NJ 07417 since 08 May 2013 and is currently estimated at $1,658,518, approximately $435 per square foot. This property was built in 1996. 856 Summit Ave is a home located in Bergen County with nearby schools including Colonial Road School, Franklin Avenue Middle School, and Indian Hills High School.

Linda Wright

C-21 CHRISTEL REALTY Brokerage Phone: 201-327-7977 Listed on: 05/08/2013

C-21 CHRISTEL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,627

Year Built

  • 1996

Lot Details

  • 0.92 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,627

Year Built

1996

Lot Details

0

Listing Details

  • County Name: Bergen
  • Street Number Display: 856
  • I D: 4264796
  • Modified: 2014-05-09
  • Number Images: 0
  • Attribution Contact: 201-327-7977
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .919AC
  • Total Acres: 0.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2013
Closed on
May 8, 2013
Sold by
Lucas George E and Lucas Deborah J
Bought by
Salvigsen Stephen and Salvigsen Jennifer
Buyer's Agent
RICHARD WINGFIELD
C-21 CHRISTEL REALTY
Sold Price
$892,537
Total Days on Market
0
Current Estimated Value
$1,658,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,981
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Oct 21, 1996
Sold by
Allaghi Ervin
Bought by
Fabris James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
8.22%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Salvigsen Stephen $892,537 --
Fabris James T $659,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvigen Stephen D $500,000
Previous Owner Fabris James T $600,000
Previous Owner Fabris James T $494,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2013 05/08/13 Sold $892,537 -- $234 / 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 $18,627 $1,076,700 $445,400 $631,300
2023 $18,153 $1,076,700 $445,400 $631,300
2022 $18,153 $1,076,700 $445,400 $631,300
2021 $17,895 $1,076,700 $445,400 $631,300
2020 $17,744 $1,076,700 $445,400 $631,300
2019 $17,679 $1,076,700 $445,400 $631,300
2018 $17,496 $1,076,700 $445,400 $631,300
2017 $17,615 $1,076,700 $445,400 $631,300
2016 $17,669 $1,076,700 $445,400 $631,300
2015 $17,216 $1,076,700 $445,400 $631,300
2014 $16,926 $1,076,700 $445,400 $631,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Buyer's Agent in 2013

    RICHARD WINGFIELD

    C-21 CHRISTEL REALTY

  • Linda Wright

    Buyer Co-Listing Agent in 2013

    Linda Wright

    C-21 CHRISTEL REALTY

    (973) 214-1833

    51 Total Sales

    Linda Wright
    Section Image
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Map

Source: Garden State MLS

MLS Number: 2969812

Garden State MLS

APN: 20-01305-0000-00023

New Jersey Bergen County Franklin Lakes 07417

856 Summit Ave, Franklin Lakes, NJ

This home is located at 856 Summit Ave, Franklin Lakes, NJ 07417 since 08 May 2013 and is currently estimated at $1,658,518, approximately $435 per square foot. This property was built in 1996. 856 Summit Ave is a home located in Bergen County with nearby schools including Colonial Road School, Franklin Avenue Middle School, and Indian Hills High School.

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