NOT LISTED FOR SALE

122 Lake Dr W Wayne, NJ 07470

Estimated Value: $891,410 - $1,127,000

3 Beds
3 Baths
2,141 Sq Ft
$473/Sq Ft Est. Value

Last Sold November 04, 2019

Last sale price $697,500 $326 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,974/month

104 Days on Market

Highlights

  • Lake Front
  • Docks
  • Lake Privileges
  • Packanack Elementary School Rated A-
  • Custom Home
  • Clubhouse

About This Home

As of November 2019

Captivating...Luxurious...This lakefront home is "Show Stopper". From the exterior landscape appeal to the open concept floor plan with views from almost every room.Designer Finishes throughout ! The kitchen is the Culinary Headquarters w beautiful white cabinets, Carrera Marble, stainless steel & a butcher block counter finishing this stunning room. All this, enhanced by a full wall of glass to the deck, lake,private dock & award winning plantings. Custom accents , rich wood moldings and mood lighting adorn every room making this warm residence both comfortable & inviting. The spacious Living room w stone wood burning Fpl. and a formal Dining room add to the charm. There is a den ,open Family room, a first floor Br & bath. The 2nd Flr. Really showcases the architecture & 3 Amazing Rooms & a Spa Bath!

Last Agent to Sell the Property

Susan Mazzetta

C-21 CEDARCREST REALTY Listed on: 05/28/2019

Last Buyer's Agent

Susan Mazzetta

C-21 CEDARCREST REALTY Listed on: 05/28/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,493

Year Built

  • Built in 1932

Lot Details

  • 7,405 Sq Ft Lot
  • Lake Front
  • Privacy Fence
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway

Home Design

  • Custom Home
  • Composition Shingle Roof

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Heatilator
  • Thermal Windows
  • Shades
  • Blinds
  • Family Room with entrance to outdoor space
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Game Room
  • Workshop
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Lake Views
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Cedar Closet
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Front Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Docks
  • Lake Privileges
  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Baseboard Heating
  • Standard Electricity
  • Water Filtration System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2514-01719-0000-00013-0000-
  • Tax Block *

Community Details

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,493

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1932
  • Year Built Description: Approximate
  • County Name: Passaic
  • Exclusions: Area Rugs,Stove,W/D,Microwave,Draperies LR&SunRm,,Bas.Ref,personal furn
  • Renovated Year: 2003
  • Street Number Display: 122
  • Directions: Rte. 23 N to Packanack Lake Rd. to Lake Dr. West
  • I D: 4900022
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Packanack Lake
  • First Name: SUSAN
  • First Name3: SUSAN
  • Last Name: MAZZETTA
  • Last Name3: MAZZETTA
  • Office Phone: 973-228-1050
  • Office Phone3: 973-228-1050
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2003

Interior Features

  • Flooring: Wood
  • Fireplace Description: Fireplace Equipment, Heatolator, Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Generator-Built-In, Refrigerator, Water Filter, Dishwasher, Kitchen Exhaust Fan, Sump Pump
  • Interior Amenities: Cedar Closets, StallShw, Walk-In Closet, Security System, Blinds, Fire Extinguisher, Shades, Window Treatments, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Basement
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Utility Room, GameRoom, SeeRem, Workshop, Storage Room, Exercise Room, Bath(s) Other, Family Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Other Room 4: Bathroom
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, OutEntrn, Den, Living Room, Pantry, Dining Room, Entrance Vestibule, Bath Main, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 2 Bedrooms, Bath Main, Sunroom
  • Phone: 973-228-1050

Exterior Features

  • Exterior Description: CedarSid
  • Exterior Features: Dock, Underground Lawn Sprinkler, Patio, FencVnyl, Open Porch(es), Privacy Fence, Deck, Thermal Windows/Doors
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Oversize Garage, InEntrnc
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Attic Fan, Multi-Zone Cooling, 2 Units, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water, Baseboard - Cast Iron, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: MulSport, Playground, Club House, Tennis Courts, Lake Privileges

Schools

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

Lot Info

  • Lot Size: .175 AC
  • Assessed Improvement Value: 167600
  • Assessed Land Value: 152500
  • Assessment: 320100
  • Easement: Unknown
  • Lot Description: Lake/Water View, Level Lot, Lake Front
  • Lot Identifier: 13
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17493
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01719-0000-00013-0000-
  • Tax Rate Amount: 5.465
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: PACKANACK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Oct 30, 2019
Sold by
Kallas Nicholas N and Kallas Alata Pullins
Bought by
Cumings Bruce
Seller's Agent
Susan Mazzetta
C-21 CEDARCREST REALTY
Buyer's Agent
Susan Mazzetta
C-21 CEDARCREST REALTY
List Price
$788,000
Sold Price
$697,500
Premium/Discount to List
-$90,500
-11.48%
Current Estimated Value
$1,012,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,853
Avg. Annual Appreciation
6.48%
Original Mortgage
$634,375
Outstanding Balance
$558,641
Interest Rate
3.65%
Mortgage Type
VA
Estimated Equity
$453,712

Purchase Details

Closed on
Mar 14, 2002
Sold by
Reed John
Bought by
Kallas Nicholas and Kallas Alata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.05%

Purchase Details

Closed on
Mar 7, 1996
Sold by
Jeffries Est Dorothy
Bought by
Dromsky Reed John and Dromsky Reed Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

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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
Cumings Bruce $697,500 None Available
Kallas Nicholas $375,000 --
Dromsky Reed John $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cumings Bruce $634,375
Previous Owner Kallas Nicholas $300,000
Previous Owner Dromsky Reed John $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2019 11/04/19 Sold $697,500 -11.5% $326 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $788,000 -- $368 / 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 $19,033 $320,100 $152,500 $167,600
2024 $18,303 $320,100 $152,500 $167,600
2022 $18,098 $320,100 $152,500 $167,600
2021 $18,079 $320,100 $152,500 $167,600
2020 $17,999 $320,100 $152,500 $167,600
2019 $17,650 $320,100 $152,500 $167,600
2018 $17,493 $320,100 $152,500 $167,600
2017 $17,333 $320,100 $152,500 $167,600
2016 $17,090 $320,100 $152,500 $167,600
2015 $16,885 $320,100 $152,500 $167,600
2014 $16,408 $320,100 $152,500 $167,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3560450

Garden State MLS

APN: 14-01719-0000-00013