NOT LISTED FOR SALE

979 Lily Pond Ln Franklin Lakes, NJ 07417

Estimated Value: $1,606,681 - $1,935,000

5 Beds
6 Baths
5,348 Sq Ft
$341/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $1,475,000 $276 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,561/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Skylights
  • Colonial Road School Rated A-
  • Main Floor Primary Bedroom
  • Fireplace

About This Home

As of October 2021

Welcome home to 979 Lily Pond Lane boasting approx.5400 sf,5 beds,4.2 bathrooms & appr'x add'l 2500 sq.ft. in the finished lower level.The beautifully appointed first floor offers a welcoming grand 2st.entry foyer, elegant dining room, formal living room, family room w/FPL, custom built-ins,coffered ceiling & french doors to private rear deck. Centrally located gourmet kitchen(2020)features center island, SS appliances & separate sun drenched vaulted breakfast room w/ access to rear deck & pool. Add'l den, home office/library & possible in law suite suitable for work at home professionals or extended family.Upstairs retreat to the primary bedroom w/LUXE bath,3 additional bedrooms,full bathroom + separate en-suite.Finished lower offers endless possibilies ideal for socializing + powder room.The beautifully landscaped flat property presents a parklike setting along w/gunite pool, koi pond and so much more. Let this be your own private oasis!Top schools and just 25 miles from NYC.

Last Agent to Sell the Property

Ellen Horowytz

Prominent Properties Sotheby's International Realty-Franklin Lakes Listed on: 07/31/2021

Prominent Properties Sotheby's International Realty-Franklin Lakes

Last Buyer's Agent

Brian Springman

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,321

Year Built

  • 1984

Lot Details

  • 1.12 Acre Lot
  • Irregular Lot
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • Elevator
  • Skylights
  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Heating System Uses Gas
  • Septic System

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 022001106 00034

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,321

Year Built

1984

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Cntr Stairwl
  • Lifestyle: 1st Flr Mbdrm
  • Miscellaneous: Elevator, Hdwd As In, Security, Skylights, Sprinklers, Deck / Patio
  • Views/Exposure: None
  • Year Built: Renovated, 2010's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 13
  • Fireplace: 1 Fireplace
  • Bedrooms: 5
  • Total Bathrooms: 4.20
  • Primary Bathroom: Y
  • Full Bathrooms: 4
  • Partial Bathroom: 2
  • Basement: Finished, Full
  • Basement: FULL FINISHED,POWDER RM,STORAGE ,OUTSIDE ENTRANCE
  • Items Not Included: STATUES

Exterior Features

  • Exterior: Shingles, Stone
  • Waterfront: None

Garage/Parking

  • Garage: Attached, Gar Opener

Utilities

  • Heating: Baseboard, Gas, Multi-Zone
  • Sewer: Septic
  • Water Source: Municipal
  • Cooling: Central Air, Multi-Zone

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Colonial Road E.S.
  • Middle School: Franklin Ave M.S.
  • High School: Ramapo/Indian Hills

Lot Info

  • County Name: BERGEN
  • Locale: 600
  • Lot: 00034
  • Lot Description: Irregular
  • Estimated Lot Sq Ft: 48787

Tax Info

  • Tax: 15321
  • Assessor Parcel Number: 022001106 00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Sep 27, 2021
Sold by
Banca Richard T and Banca Helene
Bought by
Denny Mark J and Taylor Sarah L
Seller's Agent
Ellen Horowytz
Prominent Properties Sotheby's International Realty-Franklin Lakes
Buyer's Agent
Brian Springman
Keller Williams Village Square Realty
List Price
$1,389,000
Sold Price
$1,475,000
Premium/Discount to List
$86,000
6.19%
Total Days on Market
4
Current Estimated Value
$1,823,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,920
Avg. Annual Appreciation
6.01%
Original Mortgage
$1,180,000
Outstanding Balance
$1,087,657
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$736,263

Purchase Details

Listed on
Jul 11, 2019
Closed on
Dec 13, 2019
Sold by
Scalo Philip and Scalo Marilyn
Bought by
Banca Richard T and Banca Helene
Seller's Agent
Jaimie Yannalfo
KELLER WILLIAMS VILLAGE SQUARE
Buyer's Agent
Ellen Horowytz
PROMINENT PROPERTIES SIR
List Price
$1,099,000
Sold Price
$900,000
Premium/Discount to List
-$199,000
-18.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.19%
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
Denny Mark J $1,475,000 Grandview Ttl Agcy Of Bergen
Banca Richard T $900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denny Mark J $1,180,000
Previous Owner Scalo Phillip $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $1,475,000 +6.2% $276 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $1,389,000 +54.3% $260 / Sq Ft
12/18/2019 12/18/19 Sold $900,000 -18.1% $168 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $1,099,000 -- $205 / 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 $15,881 $918,000 $512,000 $406,000
2023 $15,477 $918,000 $512,000 $406,000
2022 $15,477 $918,000 $512,000 $406,000
2021 $15,257 $918,000 $512,000 $406,000
2020 $21,803 $1,323,000 $512,000 $811,000
2019 $21,724 $1,323,000 $512,000 $811,000
2018 $21,499 $1,323,000 $512,000 $811,000
2017 $21,644 $1,323,000 $512,000 $811,000
2016 $21,710 $1,323,000 $512,000 $811,000
2015 $21,155 $1,323,000 $512,000 $811,000
2014 $20,798 $1,323,000 $512,000 $811,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21031234

New Jersey MLS

APN: 20-01106-0000-00034