NOT LISTED FOR SALE

929 High Mountain Rd Franklin Lakes, NJ 07417

Estimated Value: $1,680,503 - $1,790,000

5 Beds
3.5 Baths
3,998 Sq Ft
$433/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $1,550,000 $388 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,527/month

8 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Central Air
  • Rectangular Lot
  • Colonial Road School Rated A-
  • Baseboard Heating

About This Home

As of April 2024

Welcome to this elegant Brick Colonial in Franklin Lakes! Set on over an acre of park-like property w/over 4000 SF of living space.A two-story entrance invites you into an atmosphere of warmth and sophistication. The main level features spacious rms with great flow for comfort and functionality. The formal living rm leads to stylish office, ideal for remote work. A gracious dining rm with French doors opens to the oversized family rm w/custom built-ins and handsome vaulted ceiling. The gourmet kitchen overlooks the property and connects to new Trex deck for seamless indoor/outdoor living and enjoyment of the serenity of your surroundings.A new first-flr laundry adds functionality. With 5 bdrms, 3.5 baths,the house is bathed in natural light.The primary suite has 2 custom WICs. Finished basement is a walk-out.A mudroom area connects to 3 Car garage, rec space, 1 bdrm and fullbath. Move-in condition, allows you to immediately experience the comforts of this spectacular property!

Last Agent to Sell the Property

Cathy Bossolina

Prominent Properties Sotheby's International Realty-Ridgewood Listed on: 02/07/2024

Prominent Properties Sotheby's International Realty-Ridgewood

Last Buyer's Agent

Sarah Caprio

Christie's International Real Estate Group-Ridgewood

Christie's International Real Estate Group-Ridgewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,438

Lot Details

  • 1.07 Acre Lot
  • Rectangular Lot

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • High Mountain Rd Elementary School
  • Franklin Ave Middle School
  • Ramapo/Indian Hills High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 00002 / 01318

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,438

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (201) 639-5555
  • Outside Inclusions: TBD
  • MLS Status: Sold - Sold
  • Directions: High Mountain Rd
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1990's
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Full Finished, BR, FB, Bar, Gym, Walk-out, patio

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 3.0

Utilities

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

Schools

  • Elementary School: High Mountain Rd E.S
  • High School: Ramapo/Indian Hills
  • Middle Or Junior School: Franklin Ave M.S.
  • Elementary: High Mountain Rd E.S

Lot Info

  • Lot Dimensions: 1.067ac
  • Lot Size Sq Ft: 46479.0

Tax Info

  • Tax Annual Amount: 16438.0
  • Tax Block: 01318
  • Tax Lot: 00002

MLS Schools

  • High School Text: Ramapo/Indian Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 28, 2024
Sold by
Park Richard P and Shin Helen T
Bought by
Nelson Brian and Nelson Fiona
Seller's Agent
Cathy Bossolina
Prominent Properties Sotheby's International Realty-Ridgewood
Buyer's Agent
Sarah Caprio
Christie's International Real Estate Group-Ridgewood
List Price
$1,325,000
Sold Price
$1,550,000
Premium/Discount to List
$225,000
16.98%
Views
8
Current Estimated Value
$1,729,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,376
Avg. Annual Appreciation
6.99%
Original Mortgage
$1,240,000
Outstanding Balance
$1,220,548
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$508,828

Purchase Details

Closed on
Jan 30, 2024
Sold by
Park Richard P and Park Helen T
Bought by
Park Richard P and Shin Helen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Outstanding Balance
$1,220,548
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$508,828

Purchase Details

Closed on
Jan 14, 2021
Sold by
Sean Lee
Bought by
Bracey Caroline

Purchase Details

Closed on
Oct 14, 2005
Sold by
Bhutada Alok
Bought by
Park Richard and Shin Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.36%

Purchase Details

Closed on
May 29, 1998
Sold by
Park Byong Kyu and Park Kaeyong C
Bought by
Bhutada Alok and Bhutada Subhashree Datta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.05%

Purchase Details

Closed on
Jul 14, 1995
Sold by
Urban Farms Inc
Bought by
Kyu Byong and Park Kaeyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nelson Brian $1,550,000 Chicago Title
Nelson Brian $1,550,000 Chicago Title
Park Richard P -- None Listed On Document
Park Richard P -- None Listed On Document
Bracey Caroline $26,750 Rosenberg Lpa
Park Richard $1,249,000 --
Bhutada Alok $625,000 --
Kyu Byong $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Brian $1,240,000
Closed Nelson Brian $1,240,000
Previous Owner Park Richard P $672,000
Previous Owner Park Richard $750,000
Previous Owner Bhutada Alok $500,000
Previous Owner Kyu Byong $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2024 04/08/24 Sold $1,550,000 +17.0% $388 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $1,325,000 -- $331 / 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 $17,066 $950,200 $390,500 $559,700
2024 $16,438 $950,200 $390,500 $559,700
2023 $16,020 $950,200 $390,500 $559,700
2022 $16,020 $950,200 $390,500 $559,700
2021 $15,788 $950,200 $390,500 $559,700
2020 $15,659 $950,200 $390,500 $559,700
2019 $15,602 $950,200 $390,500 $559,700
2018 $15,441 $950,200 $390,500 $559,700
2017 $15,545 $950,200 $390,500 $559,700
2016 $15,593 $950,200 $390,500 $559,700
2015 $15,194 $950,200 $390,500 $559,700
2014 $14,937 $950,200 $390,500 $559,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24003838

New Jersey MLS

APN: 20-01318-0000-00002-03