NOT LISTED FOR SALE

991 Valley Rd Franklin Lakes, NJ 07417

Estimated Value: $1,581,713

5 Beds
3.5 Baths
4,389 Sq Ft
$360/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $1,450,000 $330 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $10,389/month

26 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Central Air
  • Rectangular Lot
  • Colonial Road School Rated A-
  • Baseboard Heating

About This Home

As of April 2024

Don'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 Listed By

Mary Premtaj

Compass New Jersey, LLC-Ridgewood Listed on: 03/01/2024

Compass New Jersey, LLC-Ridgewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,427

Year Built

  • 1985

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,427

Year Built

1985

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (551) 284-0175
  • MLS Status: Sold - Sold
  • Directions: High Mountain Road to Valley Rd.
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1980's
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: 3 Car Garage, Unfinished, Storage, Utility, Walk Out

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Brick, Other

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas

Schools

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

Lot Info

  • Lot Dimensions: 1.68 acre
  • Lot Size Sq Ft: 73181.0

Tax Info

  • Tax Annual Amount: 19427.0
  • Tax Block: 01311
  • Tax Lot: 00002

MLS Schools

  • High School Text: Ramapo/Indian Hills

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%
Total Days on Market
26
Views
127
Current Estimated Value
$1,581,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,713
Avg. Annual Appreciation
8.63%
Original Mortgage
$1,160,000
Outstanding Balance
$1,148,786
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$432,927

Purchase Details

Closed on
Nov 15, 2001

Range of Values:

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Average Value
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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
Vargas Jose $1,450,000 Esp Title Agency Llc
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Jose $1,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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 $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

    Seller's Agent in 2024

    Mary Premtaj

    Compass New Jersey, LLC-Ridgewood

    (201) 410-8022

    70 in this area

    159 Total Sales

    Mary Premtaj
    Section Image
  • Sami Pala

    Buyer's Agent in 2024

    Sami Pala

    Realty One Group Legend

    (201) 675-0565

    2 in this area

    63 Total Sales

    Sami Pala
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 24006231

New Jersey MLS

APN: 20-01311-03-00002-04

New Jersey Bergen County Franklin Lakes 07417

991 Valley Rd, Franklin Lakes, NJ

Homes for Sale in Franklin Lakes, NJ

This home is located at 991 Valley Rd, Franklin Lakes, NJ 07417 since 01 March 2024 and is currently priced at $1,581,713, approximately $360 per square foot. This property was built in 1985. 991 Valley Rd is a home located in Bergen County with nearby schools including Colonial Road School, Franklin Avenue Middle School, and Indian Hills High School.

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.

New Jersey MLS 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.

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