NOT LISTED FOR SALE

965 Colonial Rd Franklin Lakes, NJ 07417

Estimated Value: $1,119,551 - $1,292,000

5 Beds
4 Baths
2,932 Sq Ft
$407/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $777,000 $265 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,460/month

34 Days on Market

Highlights

  • Lake Front
  • 93,654 Sq Ft lot
  • Views to the East
  • Colonial Road School Rated A-
  • Lake Privileges
  • Cape Cod Architecture

About This Home

As of October 2020

LOCATION! LAKE VIEWS AND ACCESS! Surrounded by million dollar homes nestled on the Upper Lake, this 2.15 acre property is a rare find. Home sits high on a hill with a magnificent vantage point. In-ground, heated pool and the extended-family space on ground floor make it perfect for entertaining. 1st Fl Master Bedroom for easy living. Enclosed back porch with views that make you feel like you're on vacation. 2 car garage PLUS additional detached garage for storage. In the middle of nature yet close to highways, shopping and schools. Your dream of living on the lake starts here...

Last Agent to Sell the Property

Patricia Gurney

Keller Williams Village Square Realty Listed on: 06/18/2020

Keller Williams Village Square Realty

Last Buyer's Agent

Craig Mohr

Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair

Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,793

Year Built

  • 1950

Lot Details

  • 2.15 Acre Lot
  • Lake Front
  • Rectangular Lot

Property Views

  • Views to the East
  • Views to the West

Home Design

  • Built in the 1950s
  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Central Vacuum
  • Skylights
  • Gas Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Parking

  • Garage
  • Garage Door Opener

Accessible Home Design

  • Stairway

Outdoor Features

  • Lake Privileges
  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 022001209 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,793

Year Built

1950

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Cape Cod
  • Additional Sub Style: Cntr Stairwl, Expanded
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, Extended Family, 1st Flr Mbdrm, One Floor Living
  • Miscellaneous: Central Vac, Skylights, Well, WW/Carpet As In, Deck / Patio
  • Views/Exposure: East, West
  • Year Built: 1950's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 10
  • Fireplace: 1 Fireplace, Gas
  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Primary Bathroom: Y
  • Full Bathrooms: 4
  • Basement: Grd Lv Acces, Prt Finished
  • Basement: See Ground Floor
  • Items Not Included: Refrigs, Microwv, W/D, personal property
  • Items Included: Stove, DW, Central Vacuum all "as is"

Exterior Features

  • Exterior: Brick, Vinyl
  • Waterfront: Lake Front, Lake Rights

Garage/Parking

  • Garage: Attached, Detached, Gar Opener, O/See Remk, 2 Car

Utilities

  • Heating: Baseboard, Gas, Hot Water
  • Sewer: Septic
  • Water Source: Well
  • Cooling: Central Air, Win/AC

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Call BOE
  • Middle School: Call BOE
  • High School: Call BOE

Lot Info

  • County Name: BERGEN
  • Locale: 600
  • Lot: 00003
  • Lot Description: Regular
  • Lot Dimensions: 198x466
  • Estimated Lot Frontage: 198
  • Estimated Lot Sq Ft: 93654

Tax Info

  • Tax: 15793
  • Assessor Parcel Number: 022001209 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Oct 16, 2020
Sold by
Alsdorf Phyllis and Alsdorf Charles E
Bought by
Fang Diana and Pottie Pieter Jos
Seller's Agent
Patricia Gurney
Keller Williams Village Square Realty
Buyer's Agent
Craig Mohr
Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair
List Price
$795,000
Sold Price
$777,000
Premium/Discount to List
-$18,000
-2.26%
Total Days on Market
34
Current Estimated Value
$1,194,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,638
Avg. Annual Appreciation
9.74%
Original Mortgage
$621,600
Interest Rate
2.6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Fang Diana $777,000 Titlemark Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fang Diana $621,600
Previous Owner Alsdorf Phyllis $200,000
Previous Owner Alsdorf Charles $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $777,000 -2.3% $265 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $795,000 -- $271 / 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
2024 $13,442 $777,000 $699,300 $77,700
2023 $13,100 $777,000 $699,300 $77,700
2022 $13,100 $777,000 $699,300 $77,700
2021 $11,927 $961,800 $699,300 $262,500
2020 $15,850 $961,800 $699,300 $262,500
2019 $15,793 $961,800 $699,300 $262,500
2018 $15,629 $961,800 $699,300 $262,500
2017 $15,735 $961,800 $699,300 $262,500
2016 $15,783 $961,800 $699,300 $262,500
2015 $15,379 $961,800 $699,300 $262,500
2014 $15,120 $961,800 $699,300 $262,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20022659

New Jersey MLS

APN: 20-01209-0000-00003