Seller's Agent in 2024
Mary Premtaj
Compass New Jersey, LLC-Ridgewood
(201) 410-8022
51 in this area
127 Total Sales
991 Valley Rd Franklin Lakes, NJ 07417
Estimated Value: $1,665,000 - $1,802,000
5
Beds
3.5
Baths
4,389
Sq Ft
$398/Sq Ft
Est. Value
Highlights
- En-Suite Primary Bedroom
- Central Air
- Rectangular Lot
- Colonial Road School Rated A-
- Baseboard Heating
About This Home
As of April 2024Don't miss this amazing opportunity! Located in a prime Franklin Lakes neighborhood on 1.68 acres, this expanded Colonial home offers 5 beds/4 baths and over 4389 sf of living space. Classic design plus a great floor plan with a DR, LR that connects to a captivating library, kitchen, breakfast rm, and 2-story family rm w/fpl just off the kitchen. Add'l 1st fl spaces inc. a br/office, hall bth, PR and laundry rm. Upstairs, find the primary suite w/WIC and dressing rm, 3 more beds, and a hall bth. The walk-out lower level is ready for your personal touch, offering endless possibilities for customization. Outside, a back deck overlooks the exceptional setting of this oversized property with mature trees and unparalleled privacy! A perfect space to create your backyard oasis. With impressive surrounding value, this special home is waiting for your updates and personal touches!
Last Agent to Sell the Property
Compass New Jersey, LLC-Ridgewood Listed on: 03/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,427
Lot Details
- 1.68 Acre Lot
- Rectangular Lot
Parking
- 3 Car Garage
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Basement
- Basement Fills Entire Space Under The House
Schools
- Colonial Road Elementary School
- Franklin Ave Middle School
- Ramapo/Indian Hills High School
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00002 / 01311
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2024
Closed on
Apr 29, 2024
Sold by
Tillsley Robert T and Tillsley Susan
Bought by
Vargas Jose
Seller's Agent
Mary Premtaj
Compass New Jersey, LLC-Ridgewood
Buyer's Agent
Sami Pala
Realty One Group Legend
List Price
$1,299,000
Sold Price
$1,450,000
Premium/Discount to List
$151,000
11.62%
Views
127
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,596
Avg. Annual Appreciation
13.64%
Original Mortgage
$1,160,000
Outstanding Balance
$1,143,454
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$604,142
Purchase Details
Closed on
Nov 15, 2001
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 |
|---|---|---|---|
| Vargas Jose | $1,450,000 | Esp Title Agency Llc | |
| Redacted Upon Request | $1,450,000 | Esp Title Agency Llc | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Redacted Upon Request | $1,160,000 | |
| Closed | Redacted Upon Request | $1,160,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $1,450,000 | +11.6% | $330 / Sq Ft |
| 03/27/2024 03/27/24 | Pending | -- | -- | -- |
| 03/01/2024 03/01/24 | For Sale | $1,299,000 | -- | $296 / Sq Ft |
Source: New Jersey 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 | $20,169 | $1,123,000 | $492,100 | $630,900 |
| 2024 | $19,428 | $1,123,000 | $492,100 | $630,900 |
| 2023 | $18,934 | $1,123,000 | $492,100 | $630,900 |
| 2022 | $18,934 | $1,123,000 | $492,100 | $630,900 |
| 2021 | $18,664 | $1,123,000 | $492,100 | $630,900 |
| 2020 | $18,507 | $1,123,000 | $492,100 | $630,900 |
| 2019 | $18,440 | $1,123,000 | $492,100 | $630,900 |
| 2018 | $18,249 | $1,123,000 | $492,100 | $630,900 |
| 2017 | $18,372 | $1,123,000 | $492,100 | $630,900 |
| 2016 | $18,428 | $1,123,000 | $492,100 | $630,900 |
| 2015 | $17,957 | $1,123,000 | $492,100 | $630,900 |
| 2014 | $17,654 | $1,123,000 | $492,100 | $630,900 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Premtaj
-
Sami Pala
Buyer's Agent in 2024
Sami Pala
Realty One Group Legend
(201) 675-0565
1 in this area
63 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24006231
APN: 20-01311-03-00002-04
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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