NOT LISTED FOR SALE

894 Iron Latch Rd Franklin Lakes, NJ 07417

Estimated Value: $996,000 - $1,239,000

4 Beds
4 Baths
2,934 Sq Ft
$386/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $990,000 $337 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,219/month

37 Days on Market

Highlights

  • City View
  • 88,165 Sq Ft lot
  • En-Suite Primary Bedroom
  • Indian Hills High School Rated A
  • Cul-De-Sac
  • Attic Fan

About This Home

As of June 2024

For the mid-century modern purist -inspired by Frank Lloyd Wright, this home will not disappoint! Feast your eyes and all your senses on this unique gem perched on highest elevation in FL at 600 ft ASL with unobstructed views of NYC! It's an expansive home with over 3,000 sq ft of living space, yet a treehouse-like feel -as birds fly below. Meticulously maintained, the owner spared no expense to provide endurance, function and longevity. This time capsule can be a remodeler's dream! Stone EF welcomes you into the Great room featuring, Bar, LR w/ FP, and DR; truly an entertainer's delight. Oversize windows provide expansive views throughout the home. A spacious kitchen is adjacent to BR, Office/Den, allowing for kitchen expansion, or a grand Main en-suite. The 2nd floor houses 3BR's all w/views. Main BR has WIC and FB. Many original fixtures, accents and tons of storage throughout. Finished walk out basement; Gym, Wet-bar, FR. Top Schools. Must see! *Sold as is* JV Dir 201-306-6000

Last Agent to Sell the Property

Jenny Viteritti

Prominent Properties Sotheby's International Realty-Alpine Listed on: 03/05/2024

Prominent Properties Sotheby's International Realty-Alpine

Co-Listed By

Jason Pierce

Prominent Properties Sotheby's International Realty-Tenafly

Last Buyer's Agent

Jenny Viteritti

Prominent Properties Sotheby's International Realty-Alpine Listed on: 03/05/2024

Prominent Properties Sotheby's International Realty-Alpine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,756

Lot Details

  • 2.02 Acre Lot
  • Cul-De-Sac
  • Irregular Lot

Parking

  • 2 Car Garage

Property Views

  • City
  • Views to the East
  • Mountain

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Attic

  • Attic Fan

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Listing and Financial Details

  • Legal Lot and Block 00033 / 01504

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,756

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Irregular Lot
  • View Type:Pond View: East, Mountain(s), City
  • Co List Office Mls Id: 48001
  • Co List Office Phone: (201) 768-9300
  • MLS Status: Sold - Sold
  • Directions: Franklin Ave to Iron Latch
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1970's
  • PropertySubTypeAdditional: 2story
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: see ground

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Exclusions: personal property
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating: Baseboard, Natural Gas, Hot Water

Lot Info

  • Lot Size Sq Ft: 88165.0

Tax Info

  • Tax Annual Amount: 13756.0
  • Tax Block: 01504
  • Tax Lot: 00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jun 10, 2024
Sold by
Orsi D Raymond D and Orsi Allison E
Bought by
Lee Ryan and Lee Jina Kim
Seller's Agent
Jenny Viteritti
Prominent Properties Sotheby's International Realty-Alpine
Buyer's Agent
Jenny Viteritti
Prominent Properties Sotheby's International Realty-Alpine
List Price
$999,000
Sold Price
$990,000
Premium/Discount to List
-$9,000
-0.9%
Views
144
Current Estimated Value
$1,131,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,291
Avg. Annual Appreciation
10.81%
Original Mortgage
$368,000
Outstanding Balance
$362,816
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$768,475
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
Lee Ryan $990,000 Fidelity National Title
Lee Ryan $990,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ryan $368,000
Closed Lee Ryan $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $990,000 -0.9% $337 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $999,000 -- $340 / 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
2025 $14,654 $815,900 $451,100 $364,800
2024 $14,115 $815,900 $451,100 $364,800
2023 $13,506 $815,900 $451,100 $364,800
2022 $13,756 $815,900 $451,100 $364,800
2021 $12,810 $815,900 $451,100 $364,800
2020 $13,446 $815,900 $451,100 $364,800
2019 $13,397 $815,900 $451,100 $364,800
2018 $13,258 $815,900 $451,100 $364,800
2017 $13,348 $815,900 $451,100 $364,800
2016 $13,389 $815,900 $451,100 $364,800
2015 $12,796 $815,900 $451,100 $364,800
2014 $12,576 $815,900 $451,100 $364,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24006617

New Jersey MLS

APN: 20-01504-03-00033