$1,500,000
SOLD MAR 17, 2017

912 Cherokee Ln Franklin Lakes, NJ 07417

7 Beds
7 Baths
8,000 Sq Ft
3.24 Acres

Recently Sold

$188 Per Sq Ft

19% Below List Price

193 Days on Market

Highlights

  • Fitness Center
  • Tennis Courts
  • Sitting Area In Primary Bedroom
  • High Mountain Road Elementary School Rated A-
  • In Ground Pool
  • Skyline View

About This Home

As of March 2017

Stunning 17 room estate. Over 3 plush, totally private acres awaits. Enjoy amazing views of Franklin Lakes from this mountain top custom designed nearly 8000sq. ft. home . A magnificent winding driveway leads you to the estate. Enter through beautifully carved solid wood doors into a grand 3 story foyer highlighted with a glistening crystal chandelier. This home features seven bedrooms, six baths, wonderful balconies with spectacular views. Summertime will find the new owner entertaining poolside, or competing in an early morning tennis match, never having to leave the privacy of your own home. Customize this grand home to your taste & lifestyle, then enjoy the best of everything; a 3.24 private oasis, only 25.6 miles to Manhattan, offering top rated Franklin Lakes schools.

Last Agent to Sell the Property

BARBARA RAKOV

COLDWELL BANKER REALTY SRV Listed on: 06/27/2016

Last Buyer's Agent

BARBARA RAKOV

COLDWELL BANKER REALTY SRV Listed on: 06/27/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,117

Year Built

  • Built in 1987

Lot Details

  • 3.24 Acre Lot
  • Cul-De-Sac
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Property Views

  • Skyline
  • Mountain

Home Design

  • Colonial Architecture
  • Mediterranean Architecture
  • Tile Roof
  • Tile

Interior Spaces

  • 8,000 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library
  • Recreation Room with Fireplace
  • Home Gym
  • Exterior Basement Entry
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Bidet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Accessible Home Design

  • Handicap Modified

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Patio

Schools

  • High Mtn Elementary School
  • Ramapo High School

Utilities

  • Zoned Heating and Cooling System
  • Standard Electricity
  • Well
  • Gas Water Heater
  • Septic System

Community Details

  • Tennis Courts
  • Fitness Center
  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 1120-02101-0009-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,117

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial, Mediterranean
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1987
  • County Name: Bergen
  • Handicap Modified: Yes
  • Street Number Display: 912
  • Directions: High Mountain, Scioto, Navajo, Apache, Winding Hollow, Cherokee
  • I D: 4638246
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: BARBARA
  • First Name3: BARBARA
  • Last Name: RAKOV
  • Last Name3: RAKOV
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Marble, Parquet
  • Fireplace Description: Rec Room, Great Room
  • Number of Fireplaces: 2
  • Appliances: OvnWElec, CookElec, Dishwasher
  • Interior Amenities: Bar-Wet, Walk-In Closet, Security System, High Ceilings, Cathedral Ceiling
  • Number Rooms: 17
  • Bedrooms: 7
  • Master Bedroom Desc: Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Ground
  • Bedroom 4 Level: Ground
  • Primary Bathroom Features: Bidet, Stall Shower, Jetted Tub
  • Bathrooms: 4.30
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 2, Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Ground
  • Other Room 2: Bedroom
  • Other Room2 Level: Ground
  • Other Room 3: Bedroom
  • Other Room3 Level: Ground
  • Other Room 4: Laundry Room
  • Other Room4 Level: Ground
  • Level 1 Rooms: Breakfast Room, Kitchen, Powder Room, Foyer, Dining Room, Great Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 2 Bedrooms, Library, Bath Main
  • Estimated Sq Ft: 8000
  • Ground Level Rooms: Bath(s) Other, Exercise Room, Laundry Room, Rec Room, 4 Or More Bedrooms, Foyer, Office, Outside Entrance
  • Phone: 201-891-2223

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Tennis Courts, Patio, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Tile

Garage/Parking

  • Garage Description: Oversize Garage, Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Blacktop, Circular

Utilities

  • Cooling: Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic
  • Utilities: Electric
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor, Exercise Room, Tennis Courts

Schools

  • Elementary School: HIGH MTN
  • High School: RAMAPO
  • High School: RAMAPO

Lot Info

  • Lot Size: 3.2428 AC
  • Assessed Improvement Value: 1790000
  • Assessed Land Value: 783100
  • Assessment: 2573100
  • Easement: Unknown
  • Lot Description: Mountain View, Skyline View, Cul-De-Sac, Wooded Lot
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 3.24

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 43117
  • Assessor Parcel Number: 1120-02101-0009-00009-0000-
  • Tax Rate Amount: 1.599
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: HIGH MTN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2016
Closed on
Mar 17, 2017
Sold by
Celia Ciocon
Bought by
Rahat-Muqtadir Sam and Lasmin Sonia
Seller's Agent
BARBARA RAKOV
COLDWELL BANKER REALTY SRV
Buyer's Agent
BARBARA RAKOV
COLDWELL BANKER REALTY SRV
List Price
$1,850,000
Sold Price
$1,500,000
Premium/Discount to List
-$350,000
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$750,000
Outstanding Balance
$628,998
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$2,689,426
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
Grant Deed $1,500,000 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Closed $750,000 Construction
Previous Owner $1,302,400 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,277,500 Unknown
Previous Owner $300,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $980,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $3,599,000 +139.9% --
03/17/2017 03/17/17 Sold $1,500,000 -18.9% $188 / Sq Ft
01/06/2017 01/06/17 Pending -- -- --
06/27/2016 06/27/16 For Sale $1,850,000 -- $231 / Sq Ft
Source: Garden State 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 $44,515 $2,573,100 $783,100 $1,790,000
2023 $43,382 $2,573,100 $783,100 $1,790,000
2022 $43,382 $2,573,100 $783,100 $1,790,000
2021 $42,765 $2,573,100 $783,100 $1,790,000
2020 $42,405 $2,573,100 $783,100 $1,790,000
2019 $42,250 $2,573,100 $783,100 $1,790,000
2018 $41,813 $2,573,100 $783,100 $1,790,000
2017 $42,096 $2,573,100 $783,100 $1,790,000
2016 $42,225 $2,573,100 $783,100 $1,790,000
2015 $41,144 $2,573,100 $783,100 $1,790,000
2014 $40,449 $2,573,100 $783,100 $1,790,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3318092

Garden State MLS

APN: 20-02101-09-00009