NOT LISTED FOR SALE

941 Old Mill Rd Franklin Lakes, NJ 07417

Estimated Value: $1,935,000 - $2,286,000

4 Beds
3.5 Baths
5,168 Sq Ft
$394/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $1,450,000 $281 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $13,130/month

150 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Great Room with Fireplace
  • Ramapo High School Rated A
  • Marble Flooring
  • Wine Refrigerator

About This Home

As of March 2021

Luxury and exceptional craftsmanship. Come see this amazing custom built home located in the Shadow Lake community. Set back from the street with wooded, private, picturesque property. You have to see it to understand. EFwith custom millwork. Formal LR, Office with French Doors and a step-down Great Room with soaring ceilings and FP. It is not easy to find a Formal DR as beautiful and special as this one. Entertaining is a pleasure in your gourmet chef's kitchen. High-end SS appliances and an island of your dreams. Step out onto your expansive deck which runs the length of the house. Oh, the parties! A Master Bedroom fit for a king, sitting room, and master bath. Large on suite BR's, 2 additional oversized BR's and a Jack and Jill Bth. Don't get me started on the closets! Walk out basement

Last Agent to Sell the Property

Cathy Banu

KELLER WILLIAMS VILLAGE SQUARE Listed on: 09/22/2020

KELLER WILLIAMS VILLAGE SQUARE

Last Buyer's Agent

Melinda Cronk

COLDWELL BANKER REALTY RDG

COLDWELL BANKER REALTY RDG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,784

Year Built

  • Built in 2003

Lot Details

  • 0.94 Acre Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage

Home Design

  • Colonial Architecture
  • Composition Shingle Roof
  • Metal Roof

Interior Spaces

  • 5,168 Sq Ft Home
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Front Basement Entry

Outdoor Features

  • Deck
  • Porch

Schools

  • Woodside Elementary School
  • Franklin Middle School
  • Indian Hls High School

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Underground Utilities
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 1120-02603-0000-00002-0002-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,784

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2003
  • Year Built Description: Approximate
  • County Name: Bergen
  • Street Number Display: 941
  • Directions: Pulis to Old Mill Rd.
  • I D: 5018977
  • Modified: 2022-04-01
  • Number Images: 21
  • First Name: CATHY
  • First Name3: MELINDA
  • First Name4: ANN
  • Last Name: BANU
  • Last Name3: CRONK
  • Last Name4: EWELL
  • Office Phone3: 201-445-9400
  • Office Phone4: 201-445-9400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Marble, Wood
  • Fireplace Description: Great Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, CookGas, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Self Cleaning Oven, OvnWGas, Washer, WineRefr
  • Number Rooms: 10
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished, Walkout
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Level: First
  • Other Room 2: PowderRm
  • Other Room2 Level: First
  • Other Room 3: Great Room
  • Other Room3 Level: First
  • Level 1 Rooms: Dining Room, Entrance Vestibule, Family Room, Great Room, Living Room, Pantry, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other
  • Estimated Sq Ft: 5168
  • Phone: 201-445-4300

Exterior Features

  • Exterior Features: Deck, Underground Lawn Sprinkler
  • Roof Description: Composition Shingle, Metal

Garage/Parking

  • Garage Description: Detached Garage, Finished Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units
  • Sewer: Septic
  • Utilities: All Underground
  • Water: Public Water

Schools

  • Elementary School: WOODSIDE
  • Middle School: FRANKLIN
  • High School: INDIAN HLS
  • High School: INDIAN HLS
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: .94 AC
  • Assessed Improvement Value: 974800
  • Assessed Land Value: 351900
  • Assessment: 1326700
  • Easement: Unknown
  • Lot Identifier: 2.2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.94

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 21784
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-02603-0000-00002-0002-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.642
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: WOODSIDE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Mar 16, 2021
Sold by
Reilly Michael S and Reilly Tammy
Bought by
Marek Ludwig and Marek Marcelo Lissette
Seller's Agent
Cathy Banu
KELLER WILLIAMS VILLAGE SQUARE
Buyer's Agent
Melinda Cronk
COLDWELL BANKER REALTY RDG
List Price
$1,550,000
Sold Price
$1,450,000
Premium/Discount to List
-$100,000
-6.45%
Current Estimated Value
$2,030,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,953
Avg. Annual Appreciation
8.05%
Original Mortgage
$1,092,000
Outstanding Balance
$984,861
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,046,092

Purchase Details

Closed on
Aug 12, 2003

Purchase Details

Closed on
Mar 4, 2002
Sold by
Voorhis Jeanette
Bought by
Kalliotzis Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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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
Marek Ludwig $1,450,000 Omega Settlement Svcs Inc
-- $1,240,000 --
Kalliotzis Michael $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marek Ludwig $1,092,000
Previous Owner Reilly Tammy $550,000
Previous Owner Reilly Michael S $600,000
Previous Owner Reilly Michael S $600,000
Previous Owner Kalliotzis Michael $278,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $1,450,000 -6.5% $281 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
09/22/2020 09/22/20 For Sale $1,550,000 -- $300 / 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 $22,952 $1,326,700 $351,900 $974,800
2023 $22,368 $1,326,700 $351,900 $974,800
2022 $22,368 $1,326,700 $351,900 $974,800
2021 $22,050 $1,326,700 $351,900 $974,800
2020 $21,864 $1,326,700 $351,900 $974,800
2019 $21,784 $1,326,700 $351,900 $974,800
2018 $21,559 $1,326,700 $351,900 $974,800
2017 $21,705 $1,326,700 $351,900 $974,800
2016 $21,771 $1,326,700 $351,900 $974,800
2015 $21,214 $1,326,700 $351,900 $974,800
2014 $20,856 $1,326,700 $351,900 $974,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3666385

Garden State MLS

APN: 20-02603-0000-00002-02