$900,000
SOLD MAY 30, 2023

976 Scioto Dr Franklin Lakes, NJ 07417

5 Beds
5.5 Baths
-- Sq Ft
3.39 Acres

Recently Sold

11% Below List Price

77 Days on Market

Highlights

  • In Ground Pool
  • 147,451 Sq Ft lot
  • Central Air
  • High Mountain Road Elementary School Rated A-
  • En-Suite Primary Bedroom

About This Home

As of May 2023

One of a kind custom 5 bedroom home located in prestigious Franklin Lakes. situated on the side of a mountain high above local traffic in a very private setting with lake views.

Last Agent to Sell the Property

Ralph Barone

NJ REO Asset Management & Realty, Inc. Listed on: 12/16/2022

Last Buyer's Agent

Nicole Moody

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,277

Lot Details

  • 3.39 Acre Lot
  • Irregular Lot

Parking

  • 3 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00027 / 02101

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,277

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: REO
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: None
  • Co List Office Phone: (973) 429-0990
  • MLS Status: Sold - Sold
  • Directions: PLEASE USE GOOGLE MAPS
  • Reso Fireplace Features: None
  • Year Built Details: 1980's
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: SLAB

Exterior Features

  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 147451.0

Tax Info

  • Tax Annual Amount: 37277.0
  • Tax Block: 02101
  • Tax Lot: 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Bank Of America Na
Bought by
Dream Bigger Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,465,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 2, 2022
Sold by
Cureton Anthony
Bought by
Us Bank Na and Bank Of America Na

Purchase Details

Closed on
Jun 11, 2002
Sold by
Furse Danielle Claridy
Bought by
Gonta Ilya and Bella Gonta

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
6.39%

Purchase Details

Closed on
Oct 19, 1995
Sold by
Alaska Seaboard Parnters
Bought by
Claridy Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
7.04%
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 Type Sale Price Title Company
Special Warranty Deed $900,000 None Listed On Document
Sheriffs Deed -- --
Deed $1,495,000 --
Deed $740,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,465,000 Construction
Previous Owner $1,000,000 No Value Available
Previous Owner $704,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Price Changed $4,550,000 -9.0% --
04/23/2025 04/23/25 For Sale $4,999,999 0.0% --
04/16/2025 04/16/25 Off Market $4,999,999 -- --
02/25/2025 02/25/25 For Sale $4,999,999 0.0% --
02/12/2025 02/12/25 Off Market $4,999,999 -- --
02/06/2025 02/06/25 For Sale $4,999,999 +455.6% --
05/30/2023 05/30/23 Sold $900,000 0.0% --
03/03/2023 03/03/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $899,900 -5.3% --
01/12/2023 01/12/23 Price Changed $949,900 -6.3% --
12/16/2022 12/16/22 For Sale $1,014,000 -- --
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 $38,250 $989,100 $838,500 $150,600
2023 $37,277 $2,211,000 $838,500 $1,372,500
2022 $37,277 $2,211,000 $838,500 $1,372,500
2021 $36,747 $2,211,000 $838,500 $1,372,500
2020 $36,437 $2,211,000 $838,500 $1,372,500
2019 $36,305 $2,211,000 $838,500 $1,372,500
2018 $35,929 $2,211,000 $838,500 $1,372,500
2017 $36,172 $2,211,000 $838,500 $1,372,500
2016 $36,283 $2,211,000 $838,500 $1,372,500
2015 $35,354 $2,211,000 $838,500 $1,372,500
2014 $34,757 $2,211,000 $838,500 $1,372,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22043632

New Jersey MLS

APN: 20-02101-10-00027