Seller's Agent in 2019
Maryanne Elsaesser
COMPASS NEW JERSEY LLC
(551) 206-9264
14 in this area
189 Total Sales
950 Scioto Dr Franklin Lakes, NJ 07417
Estimated Value: $1,885,000 - $2,350,000
5
Beds
4.5
Baths
4,497
Sq Ft
$460/Sq Ft
Est. Value
Highlights
- Sitting Area In Primary Bedroom
- Colonial Architecture
- Wood Flooring
- High Mountain Road Elementary School Rated A-
- Pond
- Great Room with Fireplace
About This Home
As of December 2019Come inherit the lifestyle of previously established status on what is one of the best, if not the best, streets in Franklin Lakes. Cascades of tree-lined pathways lead you to this completely renovated luxury home. When walking through the threshold, into the grand foyer that showcases the custom design and woodworking, you cannot help but feel the reinterpretation of what could be described as a celebrity pedigree lifestyle. This 5 bedroom with 4 full and 1 half bath masterpiece is just looking for the next holiday event to host. Panoramic views of mountains and Franklin Lake allows for a seamless integration of indoor to outdoor space. Sipping your favorite beverage while listening to the tranquil waterfall will be one of your favorite things to do. Savor the excellence for years to come!
Last Buyer's Agent
ANDREA FAMA
EXP REALTY, LLC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,176
Year Built
- Built in 1994
Lot Details
- 0.95 Acre Lot
- Sprinkler System
Parking
- 3 Car Attached Garage
Home Design
- Colonial Architecture
- Stone Siding
- Tile
Interior Spaces
- 4,497 Sq Ft Home
- Entrance Foyer
- Great Room with Fireplace
- Living Room
- Formal Dining Room
- Home Office
- Library
- Wood Flooring
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- En-Suite Primary Bedroom
- Cedar Closet
- Walk-In Closet
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Pond
- Patio
Schools
- High Mtn Elementary School
- Franklin Middle School
Utilities
- Forced Air Zoned Heating and Cooling System
- Standard Electricity
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 1120-02101-0010-00001-0003-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 23, 2024
Sold by
Ottomanelli Michael F
Bought by
Mf Ottomanelli Trust and Ottomanelli
Current Estimated Value
Purchase Details
Closed on
Mar 29, 2024
Sold by
Ottomanelli Michael F and Ottomanelli Michael J
Bought by
Ottomanelli Michael F
Purchase Details
Closed on
Dec 12, 2014
Sold by
Dubov Marjorie L
Bought by
Marjorie Lynn Dubov Qualified Personal R
Purchase Details
Closed on
Dec 11, 2014
Sold by
Dubov Alan M and Dubov Marjorie L
Bought by
Dubov Marjorie L
Purchase Details
Closed on
May 30, 2014
Sold by
Sung Yon Woo and Sung Ockhwa
Bought by
Dubov Alan M and Dubov Marjorie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.37%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mf Ottomanelli Trust | -- | None Listed On Document | |
| Ottomanelli Michael F | -- | None Listed On Document | |
| Marjorie Lynn Dubov Qualified Personal R | -- | None Available | |
| Dubov Marjorie L | -- | None Available | |
| Dubov Alan M | $1,340,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ottomanelli Michael F | $720,000 | |
| Previous Owner | Dubov Alan M | $913,000 | |
| Previous Owner | Dubov Alan M | $1,000,000 | |
| Previous Owner | Sung Yon Woo | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2019 12/30/19 | Sold | $1,300,000 | 0.0% | $289 / Sq Ft |
| 10/31/2019 10/31/19 | Pending | -- | -- | -- |
| 10/09/2019 10/09/19 | Price Changed | $1,300,000 | -13.0% | $289 / Sq Ft |
| 09/04/2019 09/04/19 | For Sale | $1,495,000 | -- | $332 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $22,299 | $1,241,600 | $540,800 | $700,800 |
| 2024 | $21,480 | $1,241,600 | $540,800 | $700,800 |
| 2023 | $20,933 | $1,241,600 | $540,800 | $700,800 |
| 2022 | $20,933 | $1,241,600 | $540,800 | $700,800 |
| 2021 | $20,635 | $1,241,600 | $540,800 | $700,800 |
| 2020 | $20,462 | $1,241,600 | $540,800 | $700,800 |
| 2019 | $20,387 | $1,241,600 | $540,800 | $700,800 |
| 2018 | $20,176 | $1,241,600 | $540,800 | $700,800 |
| 2017 | $20,313 | $1,241,600 | $540,800 | $700,800 |
| 2016 | $20,375 | $1,241,600 | $540,800 | $700,800 |
| 2015 | $19,853 | $1,241,600 | $540,800 | $700,800 |
| 2014 | $19,518 | $1,241,600 | $540,800 | $700,800 |
Source: Public Records
Agents Affiliated with this Home
-
Maryanne Elsaesser
-
A
Buyer's Agent in 2019
ANDREA FAMA
EXP REALTY, LLC
Map
Source: Garden State MLS
MLS Number: 3584659
APN: 20-02101-10-00001-03
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