NOT LISTED FOR SALE

883 Hilltop Terrace Franklin Lakes, NJ 07417

Estimated Value: $1,226,000 - $1,660,000

4 Beds
2.5 Baths
3,168 Sq Ft
$442/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $1,200,000 $379 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,996/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Main Floor Bedroom
  • Indian Hills High School Rated A
  • Wood Flooring
  • Jetted Tub in Primary Bathroom

About This Home

As of October 2022

Step right into this Beautifully updated Colonial with 1st Floor Primary Bedroom with Tray ceiling, dual Gas Fireplace, slider to patio, Luxurious Bath with whirlpool tub, tiled shower, double sinks, and linen closet. Entertain in your spacious and open kitchen into Living Room with vaulted ceiling, floor to ceiling stone Gas Fireplace and French Door out to patio. Center Granite island with room for 3 stools, and casual dining area. In the mood for Formal Dining and entertaining, right off the kitchen, crown molding, hardwood floors throughout! Play time in the Lower level Rec Room, former dance studio or Gym! Plumbing is in for a bath! Lovely Fenced in Backyard with Patio opens from kitchen and primary Bedroom.

Last Agent to Sell the Property

LAURIE BURNETTE

PROMINENT PROPERTIES SIR Brokerage Phone: 201-312-8150 Listed on: 08/19/2022

Last Buyer's Agent

Fran Bergen

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,492

Year Built

  • Built in 2005

Lot Details

  • 0.58 Acre Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Paver Block
  • Additional Parking

Home Design

  • Colonial Architecture
  • Composition Shingle Roof
  • Tile

Interior Spaces

  • 3,168 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Washer

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Partially Finished Basement

  • Garage Access
  • Sump Pump

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1120-01404-0000-00003-0007-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,492

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2005
  • Year Built Description: Approximate
  • County Name: Bergen
  • Street Number Display: 883
  • Directions: Franklin Ave, South Plaza to Hilltop
  • I D: 5173979
  • Modified: 2023-10-22
  • Number Images: 49
  • First Name: LAURIE
  • First Name3: FRAN J.
  • Last Name: BURNETTE
  • Last Name3: BERGEN
  • Attribution Contact: 201-312-8150
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Bedroom 1, Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Central Vacuum, CookGas, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, OvnWElec, Washer
  • Interior Amenities: High Ceilings, Security System, StallTub, Walk-In Closet, Window Treatments
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor, Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: GarEnter, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Center Island, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: PowderRm
  • Other Room1 Level: First
  • Estimated Sq Ft: 3168
  • Phone: 201-848-4002

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Patio, Underground Lawn Sprinkler, FencVnyl
  • Roof Description: Composition Shingle

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: .58 AC
  • Assessed Improvement Value: 570000
  • Assessed Land Value: 302000
  • Assessment: 872000
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 3.07
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.58

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14492
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-01404-0000-00003-0007-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.662
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 7, 2022
Sold by
Lowy Janet
Bought by
Destefano Paul
Seller's Agent
LAURIE BURNETTE
PROMINENT PROPERTIES SIR
Buyer's Agent
Fran Bergen
PROMINENT PROPERTIES SIR
List Price
$1,099,000
Sold Price
$1,200,000
Premium/Discount to List
$101,000
9.19%
Current Estimated Value
$1,399,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,286
Avg. Annual Appreciation
5.30%
Original Mortgage
$960,000
Outstanding Balance
$929,261
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$460,910

Purchase Details

Listed on
Mar 9, 2012
Closed on
Mar 9, 2012
Sold by
Dagosta James and Dagosta Helga
Bought by
Lowy Janet
Seller's Agent
William Boswell
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
GREGORY EARNSHAW
COLDWELL BANKER REALTY WYK
Sold Price
$872,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%

Purchase Details

Closed on
Nov 19, 2009
Sold by
Kruse John S
Bought by
Dagosta James and Dagosta Helga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2007
Sold by
Franklin Lakes Industrial Pk
Bought by
Steliga Joseph
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
Destefano Paul $1,200,000 Elite Title Group
Lowy Janet $872,000 --
Dagosta James $960,000 --
Steliga Joseph $600,000 --
Kruse John $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Destefano Paul $960,000
Previous Owner Lowry Janet $500,000
Previous Owner Dagosta James $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $1,200,000 +9.2% $379 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $1,099,000 +26.0% $347 / Sq Ft
03/09/2012 03/09/12 Sold $872,000 -- $275 / 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 $16,448 $928,700 $302,000 $626,700
2024 $15,843 $915,800 $302,000 $613,800
2023 $14,702 $915,800 $302,000 $613,800
2022 $14,702 $872,000 $302,000 $570,000
2021 $14,493 $872,000 $302,000 $570,000
2020 $14,371 $872,000 $302,000 $570,000
2019 $14,318 $872,000 $302,000 $570,000
2018 $14,170 $872,000 $302,000 $570,000
2017 $14,266 $872,000 $302,000 $570,000
2016 $14,310 $872,000 $302,000 $570,000
2015 $13,943 $872,000 $302,000 $570,000
2014 $13,708 $872,000 $302,000 $570,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3803124

Garden State MLS

APN: 20-01404-0000-00003-07