NOT LISTED FOR SALE

975 Scioto Dr Franklin Lakes, NJ 07417

Estimated Value: $2,255,081 - $3,743,000

6 Beds
8 Baths
6,120 Sq Ft
$503/Sq Ft Est. Value

Sale Details

Date Sold: April 26, 2018

Last sale price $2,300,000 $376 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $19,051 / mo

604 Days on Market

Highlights

  • Lake Front
  • Heated In Ground Pool
  • Deck
  • High Mountain Road Elementary School Rated A-
  • Chalet
  • Great Room with Fireplace

About This Home

As of April 2018

Rare opportunity to own this Lakefront Custom European Villa on the "Gold Coast" of Northern NJ situated on a 100-acre lake that is home to only 24 properties, making it the most valuable and solid real estate investment in town. A dream team of the area's top designers & architects seamlessly merge European design w/an open-flowing fl plan & a continual focus on the lake. An entertainment-sized deck offers breathtaking views of the lake, manicured property, & glimmering heated pool. Over 8,300 sf on 3 fls with 6 bdrms and 8 bths. Custom chef's kit, LUXE mstr suite, 2nd fl gym, & separate guest qrtrs. Enjoy swimming, boating,and fishing, on this spectacular lake that is home to the Indian Trail Club. W/Blue Ribbon Schools & 30 mins to NYC, no other home offers this extraordinary lifestyle, privacy & value!

Last Agent to Sell the Property

Mary Premtaj

COMPASS NEW JERSEY LLC Listed on: 03/21/2016

COMPASS NEW JERSEY LLC

Last Buyer's Agent

ANGELE EKERT

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,739

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 1.14 Acre Lot
  • Lake Front
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Paver Block
  • Additional Parking

Home Design

  • Chalet
  • Asphalt Shingled Roof
  • Stucco

Interior Spaces

  • Great Room with Fireplace
  • 3 Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Hydromassage or Jetted Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio

Schools

  • High Mtn Elementary School
  • Franklin Middle School
  • Ramapo High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Hot Water Baseboard Heater
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 1120-02101-0008-00014-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,739

Year Built

Built in 1960 | Remodeled

Lot Details

1.14 Acres

Parking

4

Listing Details

  • Style: Chalet
  • Primary Style: Chalet
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Renovated
  • County Name: Bergen
  • Exclusions: ask agent
  • Directions: Franklin Lakes rd to Wyandotte to Scioto
  • I D: 4554685
  • First Name: MARY
  • First Name3: ANGELE
  • Last Name: PREMTAJ
  • Last Name3: EKERT
  • Office Phone: 551-284-0175
  • Office Phone3: 285566
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1990

Interior Features

  • Flooring: Wood
  • Fireplace Description: Great Room, Living Room
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, Refrigerator, OvnWGas, Dishwasher, Kitchen Exhaust Fan, Microwave Oven
  • Interior Amenities: JacuzTyp, Security System, Carbon Monoxide Detector
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub
  • Bathrooms: 6.20
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Game Room
  • Other Room1 Level: First
  • Other Room 2: Foyer
  • Other Room2 Level: First
  • Other Room 3: Breakfast
  • Other Room3 Level: First
  • Other Room 4: Exercise Room
  • Other Room4 Level: Second
  • Level 1 Rooms: Breakfast Room, Laundry Room, Dining Room, Great Room, Entrance Vestibule, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Ground Level Rooms: Utility Room, 2 Bedrooms, Storage Room, Bath(s) Other, Rec Room
  • Phone: 201-848-4002

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Underground Lawn Sprinkler, Patio, Deck
  • Pool: Yes
  • Pool Description: In-Ground Pool, Heated
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 4
  • Parking Driveway Description: 2 Car Width, Additional Parking, Paver Block

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic
  • Utilities: Gas In Street
  • Water: Well

Schools

  • High School: RAMAPO
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: 1.14 AC
  • Easement: Unknown
  • Lot Description: Lake Front
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.14

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 27739
  • Assessor Parcel Number: 1120-02101-0008-00014-0000-
  • Tax Rate Amount: 1.599
  • Tax Year: 2015

MLS Schools

  • Grade School: HIGH MTN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
Apr 26, 2018
Sold by
Levy Kenneth W and Levy Lorraine
Bought by
Barbara Donatacci Thomas and Barbara Donataced
Seller's Agent
Mary Premtaj
COMPASS NEW JERSEY LLC
Buyer's Agent
ANGELE EKERT
PROMINENT PROPERTIES SIR
List Price
$2,950,000
Sold Price
$2,300,000
Premium/Discount to List
-$650,000
-22.03%
Current Estimated Value
$3,079,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$779,360
Avg. Annual Appreciation
3.75%
Original Mortgage
$1,400,000
Outstanding Balance
$1,203,573
Interest Rate
4.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,875,787
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barbara Donatacci Thomas $2,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbara Donatacci Thomas $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Sold $2,300,000 -22.0% $376 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
03/21/2016 03/21/16 For Sale $2,950,000 -- $482 / Sq Ft
Source: Garden State MLS

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 $31,157 $1,734,800 $565,400 $1,169,400
2024 $30,012 $1,734,800 $565,400 $1,169,400
2023 $29,249 $1,734,800 $565,400 $1,169,400
2022 $29,249 $1,734,800 $565,400 $1,169,400
2021 $28,832 $1,734,800 $565,400 $1,169,400
2020 $28,590 $1,734,800 $565,400 $1,169,400
2019 $28,485 $1,734,800 $565,400 $1,169,400
2018 $28,191 $1,734,800 $565,400 $1,169,400
2017 $28,381 $1,734,800 $565,400 $1,169,400
2016 $28,468 $1,734,800 $565,400 $1,169,400
2015 $27,739 $1,734,800 $565,400 $1,169,400
2014 $27,271 $1,734,800 $565,400 $1,169,400
Source: Public Records

Agents Affiliated with this Home

  • Mary Premtaj

    Seller's Agent in 2018

    Mary Premtaj

    COMPASS NEW JERSEY LLC

    (201) 410-8022

    48 in this area

    123 Total Sales

    Mary Premtaj
    Section Image

  • A

    Buyer's Agent in 2018

    ANGELE EKERT

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3309610

Garden State MLS

APN: 20-02101-08-00014

New Jersey Bergen County Franklin Lakes 07417

975 Scioto Dr, Franklin Lakes, NJ

Not Listed for Sale

Detached

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