NOT LISTED FOR SALE

871 Tequesta Dr Franklin Lakes, NJ 07417

Estimated Value: $2,011,000 - $2,922,000

5 Beds
6 Baths
5,227 Sq Ft
$470/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $2,037,500 $390 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $15,070/month

17 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Colonial Architecture
  • High Mountain Road Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • Mountain View

About This Home

As of December 2020

Impeccably Crafted Completely Renovated & Expanded Estate! Captivating Curb Appeal. 6 Fpls. Flowering Gardens, Stone Walls, Walkways, & Expansive Lawns welcome you! Enchanting White Picket Fence! Voluminous 2 Sty EF,Cent Stairway, Balcony. LR & DR w/Mouldings & Built-Ins. White MEIK w/2 Islands, Farm Sink, 2 DWs, Sub Zero Glass Dr Refr, Wolf 6 Burner & Grill Cook Top, Pot Filler, & Dbl Oven. Brfst Rm. Mud Rm w/Barn Drs, Blt-Ins & Brk Herringbone Fl. 2 PRs. FR w/Brk Fpl & Window Walls. Billiard Rm w/Herringbone Fl, Gas Fpl, Wood Ceiling, Built-Ins & Fr Drs. GR w/Cath Wood Ceiling, Stn Fpl, Wet Bar, Iron Gate to LL, & Fr Drs to Porch. MBR Suite/Fpl/Tray Ceil, MBA,Sitting Rm/Fpl,BR/Balc/B/SS,3 BRs,B/SOT,Lndry. LL Theatre Rm/Fpl,Exer Rm,B/SS. Salt Water Pool, Spa, Outdoor Kitchen, Putting Green, & Play Area!

Last Agent to Sell the Property

HEDY WEISS

COLDWELL BANKER REALTY WYK Listed on: 10/20/2020

Co-Listed By

GAIL KELLY

COLDWELL BANKER REALTY WYK

Last Buyer's Agent

NAOMI LIN

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,498

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 0.92 Acre Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Colonial Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 6 Fireplaces
  • Great Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Soaking Tub
  • Steam Shower
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Pool Liner

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1120-02201-0002-00011-0000-

Community Details

Amenities

  • Billiard Room

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,498

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1965
  • Year Built Description: Renovated
  • County Name: Bergen
  • Easements Description: Shade Tree
  • Directions: High Mountain Rd to Tequesta Drive
  • I D: 5025973
  • Section Subdiv Development: Urban Farms
  • First Name: HEDY
  • First Name2: GAIL
  • First Name3: NAOMI
  • Last Name: WEISS
  • Last Name2: KELLY
  • Last Name3: LIN
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2006

Interior Features

  • Flooring: Carpeting, Stone, Wood
  • Fireplace Description: Family Room, Gas Fireplace, Great Room, Wood Burning
  • Number of Fireplaces: 6
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Security System, Smoke Detector, SoakTub, StallShw, Steam, Walk-In Closet
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Fireplace, Full Bath, Sitting Room, Walk-In Closet
  • Primary Bathroom Features: Soaking Tub, Stall Shower, Steam
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Dining Area: Formal Dining Room
  • In Law Suite Description: Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Phone: 201-891-6700

Exterior Features

  • Exterior Description: Stone, Wood
  • Exterior Features: Barbeque, Open Porch(es), Patio, Underground Lawn Sprinkler, FencVnyl
  • Pool: Yes
  • Pool Description: Heated, In-Ground Pool, Liner
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 3
  • Parking Driveway Description: 1 Car Width, 2 Car Width, Paver Block

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Electric, Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic 5+ Bedroom Town Verified
  • Utilities: Electric, Gas-Natural
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Billiards Room, Exercise Room, Playground, Pool-Outdoor

Lot Info

  • Lot Size: .92 AC
  • Easement: Yes
  • Lot Description: Mountain View
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.92

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 23498
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-02201-0002-00011-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.642
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Dec 8, 2020
Sold by
Kelly Joseph F and Kelly Melissa S
Bought by
Gallina Jason and Rae June
Seller's Agent
HEDY WEISS
COLDWELL BANKER REALTY WYK
Buyer's Agent
NAOMI LIN
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$2,150,000
Sold Price
$2,037,500
Premium/Discount to List
-$112,500
-5.23%
Current Estimated Value
$2,455,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,950
Avg. Annual Appreciation
3.85%

Purchase Details

Closed on
May 13, 2005
Sold by
Terlizzi Michael
Bought by
Kelly Joseph and Kelly Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.94%

Purchase Details

Closed on
Jul 25, 2001
Sold by
Grossblatt Gary
Bought by
Terlizzi Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.21%

Purchase Details

Closed on
Oct 3, 2000
Bought by
Grossblatt Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.94%

Purchase Details

Closed on
Oct 29, 1999
Sold by
Oconnell Dennis J and Oconnell Sheri L
Bought by
Grossblatt Gary and Grossblatt Mary Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gallina Jason $2,037,500 First Jersey Title Svcs Inc
Gallina Jason $2,037,500 First American Title
Kelly Joseph $1,200,000 --
Terlizzi Michael A $802,500 --
Grossblatt Mary K -- --
Grossblatt Mary K -- --
Grossblatt Gary $672,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Joseph $840,000
Previous Owner Terlizzi Michael A $600,000
Previous Owner Grossblatt Mary K $35,000
Previous Owner Grossblatt Gary $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $2,037,500 -5.2% $390 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $2,150,000 -- $411 / 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 $25,703 $1,431,100 $469,000 $962,100
2024 $24,758 $1,431,100 $469,000 $962,100
2023 $24,128 $1,431,100 $469,000 $962,100
2022 $24,128 $1,431,100 $469,000 $962,100
2021 $23,785 $1,431,100 $469,000 $962,100
2020 $23,585 $1,431,100 $469,000 $962,100
2019 $23,499 $1,431,100 $469,000 $962,100
2018 $23,255 $1,431,100 $469,000 $962,100
2017 $23,413 $1,431,100 $469,000 $962,100
2016 $23,484 $1,431,100 $469,000 $962,100
2015 $22,883 $1,431,100 $469,000 $962,100
2014 $22,497 $1,431,100 $469,000 $962,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3673086

Garden State MLS

APN: 20-02201-02-00011