NOT LISTED FOR SALE

940 Cherokee Ln Franklin Lakes, NJ 07417

Estimated Value: $2,291,000 - $2,564,000

6 Beds
7 Baths
12,414 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 05, 2013

Last sale price $1,250,000 $101 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $16,168/month

About This Home

As of July 2013

This home is located at 940 Cherokee Ln, Franklin Lakes, NJ 07417 since 05 July 2013 and is currently estimated at $2,473,458, approximately $199 per square foot. 940 Cherokee Ln is a home located in Passaic County with nearby schools including John F. Kennedy Elementary School, Anthony Wayne Middle School, and Wayne Hills High School.

Last Agent to Sell the Property

LAURIE BURNETTE

PROMINENT PROPERTIES SIR Listed on: 07/05/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,088

Lot Details

  • 2.01 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,088

Lot Details

0

Listing Details

  • County Name: Bergen
  • Street Number Display: 940
  • I D: 4153140
  • Modified: 2014-07-06
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 6.30

Lot Info

  • Lot Size: 2.01 AC.
  • Total Acres: 2.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2013
Closed on
Jun 25, 2013
Sold by
Comerford Suzanne Howe
Bought by
Alashaian Richard and Alashaian Vana
Seller's Agent
LAURIE BURNETTE
PROMINENT PROPERTIES SIR
Sold Price
$1,250,000
Current Estimated Value
$2,473,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,223,458
Avg. Annual Appreciation
5.47%
Original Mortgage
$937,500
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 17, 2006
Sold by
Comerford Richard D
Bought by
Comerford Suzanne Howe

Purchase Details

Closed on
Jul 15, 1996
Sold by
Ficca Frank and Ficca Audrey
Bought by
Comerford Richard and Comerford Suzanne Howe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
8.28%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Alashaian Richard $1,250,000 --
Comerford Suzanne Howe -- --
Comerford Richard $999,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alashaian Richard $725,000
Open Alashaiam Richard $1,340,000
Closed Alashaian Richard $249,000
Closed Alashaian Richard $1,325,000
Closed Alashaian Richard $937,500
Previous Owner Comerford Suzanne Howe $2,000,000
Previous Owner Comerford Richard $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2013 07/05/13 Sold $1,250,000 -- $101 / 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 $30,088 $1,739,200 $701,000 $1,038,200
2023 $29,323 $1,739,200 $701,000 $1,038,200
2022 $29,323 $1,739,200 $701,000 $1,038,200
2021 $28,906 $1,739,200 $701,000 $1,038,200
2020 $28,662 $1,739,200 $701,000 $1,038,200
2019 $28,558 $1,739,200 $701,000 $1,038,200
2018 $28,262 $1,739,200 $701,000 $1,038,200
2017 $28,453 $1,739,200 $701,000 $1,038,200
2016 $28,540 $1,739,200 $701,000 $1,038,200
2015 $27,810 $1,739,200 $701,000 $1,038,200
2014 $27,340 $1,739,200 $701,000 $1,038,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    LAURIE BURNETTE

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 2866758

Garden State MLS

APN: 20-02101-09-00012

New Jersey Passaic County Franklin Lakes 07417

940 Cherokee Ln, Franklin Lakes, NJ

This home is located at 940 Cherokee Ln, Franklin Lakes, NJ 07417 since 05 July 2013 and is currently estimated at $2,473,458, approximately $199 per square foot. 940 Cherokee Ln is a home located in Passaic County with nearby schools including John F. Kennedy Elementary School, Anthony Wayne Middle School, and Wayne Hills High School.

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