NOT LISTED FOR SALE

897 Franklin Lake Rd Franklin Lakes, NJ 07417

Estimated Value: $1,485,237 - $1,667,000

4 Beds
3 Baths
-- Sq Ft
0.96 Acres

Last Sold June 16, 2023

Last sale price $1,455,000

Est. 10% increase in value since last sale

Current estimated payment $9,932/month

12 Days on Market

Highlights

  • Heated In Ground Pool
  • Multiple Fireplaces
  • Central Air
  • Indian Hills High School Rated A
  • En-Suite Primary Bedroom
  • Rectangular Lot

About This Home

As of June 2023

One of our favorite entertainment style homes located in a beautiful area of Franklin Lakes. Nicely and tastefully updated Ranch designed for the best in comfortable living. Light and bright! Lovely lake view location near the popular 'Indian Trail Club'. Not to be missed.

Last Agent to Sell the Property

Marisa Traverso

Christie's International Real Estate Group-Ridgewood Listed on: 04/05/2023

Christie's International Real Estate Group-Ridgewood

Last Buyer's Agent

Patricia Gurney

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,629

Lot Details

  • 0.96 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multiple Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Pool Liner

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00014 / 02201

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,629

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Ranch
  • ResoLotFeatures: Regular
  • View Type:Pond View: South
  • Co List Office Phone: 201-962-9552
  • MLS Status: Sold - Sold
  • Directions: Between Longbow and Feather
  • Reso Fireplace Features: 3 Fireplaces
  • Year Built Details: 1970's
  • PropertySubTypeAdditional: 1 Story
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: FULL UNFINISHED.

Exterior Features

  • Pool Features: Heated, In Ground, Liner, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Brick, Clapboard

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Zoned

Lot Info

  • Lot Size Sq Ft: 41730.0

Tax Info

  • Tax Annual Amount: 12629.0
  • Tax Block: 02201
  • Tax Lot: 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jun 15, 2023
Sold by
Varela Juan Manuel and Varela Ana
Bought by
Wheaton Scott and Wheaton Susan
Seller's Agent
Marisa Traverso
Christie's International Real Estate Group-Ridgewood
Buyer's Agent
Patricia Gurney
Keller Williams Village Square Realty
List Price
$11,000,000
Sold Price
$1,455,000
Premium/Discount to List
-$9,545,000
-86.77%
Views
229
Current Estimated Value
$1,599,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,809
Avg. Annual Appreciation
4.67%

Purchase Details

Listed on
Jul 11, 2018
Closed on
Oct 31, 2018
Sold by
Vernon Judith and Fleischman Edward F
Bought by
Verela Juan M and Zuluaga Ana
Seller's Agent
MARY LYNN UMLAND
COLDWELL BANKER REALTY WYK
Buyer's Agent
MARISA TRAVERSO
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$839,000
Sold Price
$815,000
Premium/Discount to List
-$24,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
Original Mortgage
$415,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1998
Sold by
Meyaart Paul J and Meyaart Mary Ann
Bought by
Vernon Judith and Fleischman Edward
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
Wheaton Scott $1,455,000 Accura Title
Verela Juan M $815,000 --
Vernon Judith $579,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheaton Scott $1,000,000
Previous Owner Varela Juan M $415,000
Previous Owner Verela Juan M $415,000
Previous Owner Vernon Judith $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $1,455,000 +32.3% --
04/17/2023 04/17/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $1,100,000 -90.0% --
04/05/2023 04/05/23 For Sale $11,000,000 +1249.7% --
10/30/2018 10/30/18 Sold $815,000 -2.9% --
07/25/2018 07/25/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $839,000 -- --
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
2024 $13,146 $769,600 $428,900 $340,700
2023 $12,812 $759,900 $428,900 $331,000
2022 $12,812 $759,900 $428,900 $331,000
2021 $12,630 $759,900 $428,900 $331,000
2020 $12,523 $759,900 $428,900 $331,000
2019 $12,478 $759,900 $428,900 $331,000
2018 $12,348 $759,900 $428,900 $331,000
2017 $12,432 $759,900 $428,900 $331,000
2016 $12,470 $759,900 $428,900 $331,000
2015 $12,151 $759,900 $428,900 $331,000
2014 $11,946 $759,900 $428,900 $331,000
Source: Public Records

Agents Affiliated with this Home

  • Marisa Traverso

    Seller's Agent in 2023

    Marisa Traverso

    Christie's Real Estate Northern NJ

    (201) 906-2519

    1 in this area

    34 Total Sales

    Marisa Traverso
    Section Image
  • Patricia Gurney

    Buyer's Agent in 2023

    Patricia Gurney

    Keller Williams Village Square Realty

    (551) 427-6030

    3 in this area

    70 Total Sales

    Patricia Gurney
    Section Image

  • M

    Seller's Agent in 2018

    MARY LYNN UMLAND

    COLDWELL BANKER REALTY WYK

See All Agents

Map

Source: New Jersey MLS

MLS Number: 23009687

New Jersey MLS

APN: 20-02201-07-00014

New Jersey Bergen County Franklin Lakes 07417

897 Franklin Lake Rd, Franklin Lakes, NJ

This home is located at 897 Franklin Lake Rd, Franklin Lakes, NJ 07417 since 05 April 2023 and is currently estimated at $1,599,809. 897 Franklin Lake Rd is a home located in Bergen County with nearby schools including Woodside Avenue Elementary School, Franklin Avenue Middle School, and Indian Hills High School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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