$2,075,000
SOLD OCT 15, 2024
6 Beds
6 Baths
4,757 Sq Ft
6.23 Acres

Recently Sold

$436 Per Sq Ft

3% Below List Price

88 Days on Market

About This Home

As of October 2024

This home is located at 940 Loch Rd, Franklin Lakes, NJ 07417 and is currently priced at $2,075,000, approximately $436 per square foot. This property was built in 1900. 940 Loch Rd is a home located in Bergen County with nearby schools including Woodside Avenue Elementary School, Franklin Avenue Middle School, and Ramapo High School.

Last Agent to Sell the Property

Mary Premtaj

COMPASS NEW JERSEY LLC Brokerage Phone: 551-284-0175 Listed on: 07/19/2024

COMPASS NEW JERSEY LLC

Last Buyer's Agent

Taylor Lucyk

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,790

Year Built

  • Built in 1900

Lot Details

  • 6.23 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,790

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Bergen
  • Street Number Display: 940
  • I D: 5301771
  • Modified: 2024-10-15
  • Attribution Contact: 551-284-0175
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 6.23 AC
  • Total Acres: 6.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Oct 10, 2024
Sold by
Stacy A Smith Revocable Trust and Smith Stacy A
Bought by
Jimenez Jose S and Sayas-Jimenez Noelia
Seller's Agent
Mary Premtaj
COMPASS NEW JERSEY LLC
Buyer's Agent
Taylor Lucyk
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$2,150,000
Sold Price
$2,075,000
Premium/Discount to List
-$75,000
-3.49%
Views
15
Current Estimated Value
$2,061,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,920
Avg. Annual Appreciation
4.76%
Original Mortgage
$1,660,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2022
Sold by
Smith Stacy A
Bought by
Stacy A Smith Revocable Trust

Purchase Details

Closed on
Feb 17, 2021
Sold by
Smith Stacy A and Smith Patricia K
Bought by
Smith Stacy A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,075,000 Westcor Land Title
Deed $2,075,000 Westcor Land Title
Deed -- --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,660,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $2,075,000 -3.5% $436 / Sq Ft
07/20/2024 07/20/24 Off Market $2,150,000 -- --
07/19/2024 07/19/24 For Sale $2,150,000 -- $452 / 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
2024 $39,790 $2,300,000 $1,868,800 $431,200
2023 $38,778 $2,300,000 $1,868,800 $431,200
2022 $38,778 $2,300,000 $1,868,800 $431,200
2021 $38,226 $2,300,000 $1,868,800 $431,200
2020 $37,904 $2,300,000 $1,868,800 $431,200
2019 $39,884 $2,429,000 $1,868,800 $560,200
2018 $39,471 $2,429,000 $1,868,800 $560,200
2017 $39,738 $2,429,000 $1,868,800 $560,200
2016 $39,860 $2,429,000 $1,868,800 $560,200
2015 $38,840 $2,429,000 $1,868,800 $560,200
2014 $38,184 $2,429,000 $1,868,800 $560,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3914336

Garden State MLS

APN: 20-02602-08-00001