Seller's Agent in 2020
Mary Premtaj
COMPASS NEW JERSEY LLC
(201) 410-8022
49 in this area
123 Total Sales
887 Scioto Dr Franklin Lakes, NJ 07417
Estimated Value: $3,568,000 - $7,472,000
5
Beds
7
Baths
3,133
Sq Ft
$1,630/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Lake View
- Great Room with Fireplace
- High Mountain Road Elementary School Rated A-
- Colonial Architecture
- Recreation Room
About This Home
As of July 2020Only 15 miles from Manhattan, this Oasis redefines luxury and high functionality! Completed in 2016, its constructed and owned by the regions' most highly acclaimed builder. Overlooking a private 100 acre lake, this gem merges on-point architecture w/cutting edge design and detail to maximize its exceptional setting. Open layout delineates spaces w/intricate ceiling detail and custom fixtures. Infinity pool w/ bluestone patio, built in BBQ. Screened in porch w/fpl! 5 beds, 7 bths, expansive kit, HOMEWORK RM, HOME OFFICE on 3rd fl, 2 lndry rms, mudrm! Walk out LL has a 2000 btl wine rm, billiards, rec/music rm. 3 fpls, 4 car gar, radiant heat, total smart house, generator. 1.3 acres w/ 200 ft at waters edge for boating, fishing, sailing. PLUS Indian Trail Club just next door w/tennis, paddle, dining and camps
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $46,074
Year Built
- Built in 2016
Lot Details
- 1.31 Acre Lot
- Sprinkler System
Parking
- 4 Car Attached Garage
- Paver Block
- Additional Parking
Property Views
- Lake
- Mountain
Home Design
- Colonial Architecture
- Wood Shingle Roof
Interior Spaces
- High Ceiling
- Mud Room
- Entrance Foyer
- Great Room with Fireplace
- 3 Fireplaces
- Dining Room
- Home Office
- Recreation Room
- Game Room
- Storage Room
- Laundry Room
- Utility Room
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- Soaking Tub
- Separate Shower
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- Gunite Pool
Outdoor Features
- Patio
Schools
- High Mtn Elementary School
- Franklin Middle School
- Ramapo High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Radiant Heating System
- Well
- Septic System
Community Details
- Billiard Room
Listing and Financial Details
- Assessor Parcel Number 1120-02101-0008-00025-0000-
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2020
Closed on
Jul 30, 2020
Sold by
Kulick Lance M and Kulick Hillary D
Bought by
Williams Ather and Williams Elizabeth Brodlieb
Seller's Agent
Mary Premtaj
COMPASS NEW JERSEY LLC
Buyer's Agent
Christina Gibbons
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$5,390,000
Sold Price
$4,600,000
Premium/Discount to List
-$790,000
-14.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,289
Avg. Annual Appreciation
1.95%
Original Mortgage
$2,880,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 17, 2012
Sold by
887 Scioto Drive Associates Llc
Bought by
Kulick Lance M and Kulick Hillary D
Purchase Details
Closed on
Dec 27, 2006
Sold by
Rosen Philip A
Bought by
Rosen Mark I
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Ather | $4,600,000 | Chicago Title Insurance Co | |
| Kulick Lance M | $1,250,000 | -- | |
| Rosen Mark I | $1,200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Williams Ather | $2,880,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2020 07/30/20 | Sold | $4,600,000 | -7.1% | $1,468 / Sq Ft |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- |
| 05/23/2020 05/23/20 | Price Changed | $4,950,000 | -8.2% | $1,580 / Sq Ft |
| 05/11/2020 05/11/20 | For Sale | $5,390,000 | -- | $1,720 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $50,396 | $2,806,000 | $1,155,000 | $1,651,000 |
| 2024 | $48,544 | $2,806,000 | $1,155,000 | $1,651,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Premtaj
-
Christina Gibbons
Buyer's Agent in 2020
Christina Gibbons
CHRISTIE'S INT. REAL ESTATE GROUP
(917) 837-8853
9 in this area
479 Total Sales
Map
Source: Garden State MLS
MLS Number: 3632074
APN: 20-02101-08-00025
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