NOT LISTED FOR SALE

114 Lake Dr W Wayne, NJ 07470

Estimated Value: $862,980 - $1,211,000

5 Beds
3 Baths
2,160 Sq Ft
$466/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $510,000 $236 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $7,010/month

19 Days on Market

Highlights

  • Lake Front
  • Docks
  • Cape Cod Architecture
  • Packanack Elementary School Rated A-
  • Lake Privileges
  • Clubhouse

About This Home

As of October 2019

Lakefront Living. Live the Lake Life!!! Fish, boat & relax on your own dock. Long 1 car driveway leads to multiple spaces at the bottom. Enjoy 2 decks off of the rear of the house w/views of the Lake. Interior includes hardwood flrs throughout. 3 spacious bedrooms on the 2nd floor, attic, 1 full bath w/shower/tub & ceramic tile floor. 1st flr spacious liv room w/wood burning fireplace & large picture window looking out to Lake. Formal Din room w/slider door to the deck. Remodeled kitchen w/granite counters, ceramic tile flr, 2 doors 1 leading to deck & 1 leading to side yard. Fam rm at the front of the house w/2 large closets. 1st flr bedroom w/double closet. 1st flr full bath w/shower & linen closet. Walk out lower level w/2nd kit w/granite counters, bed rm, full bath & Laundry rm.

Last Agent to Sell the Property

JEANNEMARIE PHELAN

WEICHERT REALTORS Listed on: 06/30/2019

Last Buyer's Agent

Sam Baghal

KELLER WILLIAMS VILLAGE SQUARE

KELLER WILLIAMS VILLAGE SQUARE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,247

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Lake Front
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Wood Burning Stove
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Docks
  • Lake Privileges
  • Deck

Schools

  • Packanack Elementary School
  • G. Washington Middle School
  • Wayne Valley High School

Additional Features

  • Accessible Bedroom
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 2514-01719-0000-00010-0000-

Community Details

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,247

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Passaic
  • Directions: Ratzer Rd to Oakwood Dr to Lake Dr West
  • I D: 4911427
  • Section Subdiv Development: Packanack Lake
  • First Name: JEANNEMARIE
  • First Name3: SAM
  • Last Name: PHELAN
  • Last Name3: BAGHAL
  • Office Phone: 973-839-4646
  • Office Phone3: 2016475003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Stone, Laminate, Wood
  • Fireplace Description: Wood Stove-Freestanding, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: StallShw, Walk-In Closet, StallTub, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: Ground
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Basement Level Rooms: 1 Bedroom, Laundry Room, Utility Room, Walkout, GarEnter, LivDinRm, Bath(s) Other, Kitchen
  • Dining Room Level: Ground
  • Dining Area: Formal Dining Room
  • Family Room Level: Ground
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Kitchen, Living Room, SepEnter
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: Ground
  • Living Room Level: Ground
  • Other Room 1: Bedroom
  • Other Room1 Level: Basement
  • Level 1 Rooms: 3 Bedrooms, Attic, Bath(s) Other
  • Ground Level Rooms: 1 Bedroom, Living Room, Dining Room, Bath Main, Family Room, Kitchen
  • Phone: 973-839-4646

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Dock, Metal Fence, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Playground, Club House, Kitchen Facilities, Tennis Courts, Lake Privileges
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: One Time

Schools

  • High School: WAYNE VALLEY
  • Middle Jr High School: G. WASHINGTON

Lot Info

  • Lot Size: .228 AC
  • Easement: Unknown
  • Lot Description: Lake Front
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23

Rental Info

  • Application Fee: 1200

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16247
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01719-0000-00010-0000-
  • Tax Rate Amount: 5.465
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: PACKANACK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2019
Closed on
Sep 20, 2019
Sold by
Sturgis Susan and Murray Joseph
Bought by
Alsalahat Ayman and Alsalahat Rania
Seller's Agent
JEANNEMARIE PHELAN
WEICHERT REALTORS
Buyer's Agent
Sam Baghal
KELLER WILLIAMS VILLAGE SQUARE
List Price
$545,000
Sold Price
$510,000
Premium/Discount to List
-$35,000
-6.42%
Current Estimated Value
$1,006,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,745
Avg. Annual Appreciation
11.48%
Original Mortgage
$459,000
Outstanding Balance
$400,381
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$606,364
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alsalahat Ayman $510,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alsalahat Ayman $459,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2019 10/02/19 Sold $510,000 -6.4% $236 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
06/30/2019 06/30/19 For Sale $545,000 -- $252 / 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
2025 $21,007 $353,300 $157,800 $195,500
2024 $20,202 $353,300 $157,800 $195,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3569835

Garden State MLS

APN: 14-01719-0000-00010