NOT LISTED FOR SALE

125 Balsam Rd Wayne, NJ 07470

Estimated Value: $810,880

4 Beds
2 Baths
1,803 Sq Ft
$450/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $490,000 $272 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,192/month

17 Days on Market

Highlights

  • Lake Privileges
  • Cape Cod Architecture
  • Living Room with Fireplace
  • Schuyler-Colfax Middle School Rated A
  • Deck
  • Recreation Room

About This Home

As of August 2018

Charming expanded cape cod in one of Wayne's most sought after lake communities. Large corner lot that is one block from the beach and one block from Pines Lake Elementary School. Features include eat in kitchen with breakfast nook, formal living room with fireplace, and dining room with hardwood floors. Spacious family room with fireplace and slider doors leading to two outside decks. One deck was recently rebuilt using Trex, leading to new paver patio area perfect for barbecuing. 2 large bedrooms and 1 full bath complete the first floor. 2nd floor offers 2 additional bedrooms and full bath.Full finished basement with walkout and workshop with fireplace. Don't be deceived by the front view, the home is much bigger than it looks from front.

Last Agent to Sell the Property

Eugene Lowe

HOWARD HANNA RAND REALTY Listed on: 06/01/2018

HOWARD HANNA RAND REALTY

Last Buyer's Agent

Sheldon Neal

RE/MAX REAL ESTATE LIMITED

RE/MAX REAL ESTATE LIMITED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,219

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 0.33 Acre Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Additional Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Thermal Windows
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Outdoor Features

  • Lake Privileges
  • Deck
  • Patio
  • Porch

Schools

  • Pines Lake Elementary School
  • Sch-Colfax Middle School
  • Wayne Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2514-04302-0000-00006-0000-
  • Tax Block *

Community Details

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,219

Year Built

Built in 1941 | Remodeled

Lot Details

0

HOA Fees

$65 per month

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1941
  • Year Built Description: Renovated
  • County Name: Passaic
  • Renovated Year: 2017
  • Street Number Display: 125
  • Directions: rt 202 to Colfax Rd to Vale Rd- right onto Pines Lake Dr to corner of Balsam on right
  • I D: 4808368
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: Pines Lake
  • First Name: GENE
  • First Name3: SHELDON
  • Last Name: LOWE
  • Last Name3: NEAL
  • Office Phone: 973-694-6500
  • Office Phone3: 201-599-1100 x344
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Dishwasher
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Walkout, Full
  • Basement Level Rooms: Laundry Room, Utility Room, Walkout, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Level: Basement
  • Other Room 2: Rec Room
  • Other Room2 Level: Basement
  • Level 1 Rooms: Breakfast Room, 2 Bedrooms, Living Room, Dining Room, Entrance Vestibule, Bath Main, Family Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 973-694-6500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Open Porch(es), Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Under
  • Number Garage Spaces: 1
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Additional Parking

Utilities

  • Cooling: Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: MulSport, Tennis Courts, Lake Privileges
  • Association Maintenance Fee: 780
  • Association Maintenance Fee Frequency: Annually

Schools

  • Elementary School: PINES LAKE
  • Middle School: SCH-COLFAX
  • High School: WAYNE HILLS
  • High School: WAYNE HILLS
  • Middle Jr High School: SCH-COLFAX

Lot Info

  • Lot Size: .331 AC
  • Assessed Improvement Value: 83600
  • Assessed Land Value: 123600
  • Assessment: 207200
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.33

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: 11219
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-04302-0000-00006-0000-
  • Tax Rate Amount: 5.415
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: PINES LAKE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Aug 20, 2018
Sold by
Marino Margaret A
Bought by
Sebastian Brian E and Sebastian Bertha M
Seller's Agent
Eugene Lowe
HOWARD HANNA RAND REALTY
Buyer's Agent
Sheldon Neal
RE/MAX REAL ESTATE LIMITED
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Current Estimated Value
$810,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,880
Avg. Annual Appreciation
7.32%
Original Mortgage
$440,000
Outstanding Balance
$382,122
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$428,758

Purchase Details

Closed on
Jun 1, 2017
Sold by
Estate Of Phyllis Maloney and Saade Kim Marie
Bought by
Marino Margaret A

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jan 31, 2017
Sold by
Phyllis Maloney
Bought by
Marino Margaret
Seller's Agent
KIM SAADE
COLDWELL BANKER REALTY
Buyer's Agent
Clara Kadkoy
COLDWELL BANKER REALTY
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$332,000
Interest Rate
4.19%
Source: Public Records

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
Sebastian Brian E $490,000 Berkshire Abstract & Title A
Marino Margaret A $415,000 Monmouth Title Agency Inc
Marino Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sebastian Brian E $440,000
Previous Owner Marino Margaret $332,000
Previous Owner Marino Margaret --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2018 08/20/18 Sold $490,000 -1.8% $272 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $499,000 +20.2% $277 / Sq Ft
01/18/2017 01/18/17 Sold $415,000 -3.5% $224 / Sq Ft View Prior Sale
11/17/2016 11/17/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $429,900 -- $232 / 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 -- $216,300 $123,600 $92,700
2024 -- $216,300 $123,600 $92,700
2022 $11,800 $208,700 $123,600 $85,100
2021 $11,787 $208,700 $123,600 $85,100
2020 $11,735 $208,700 $123,600 $85,100
2019 $11,508 $208,700 $123,600 $85,100
2018 $11,323 $207,200 $123,600 $83,600
2017 $11,220 $207,200 $123,600 $83,600
2016 $10,812 $207,200 $123,600 $83,600
2015 $10,680 $207,200 $123,600 $83,600
2014 $10,371 $207,200 $123,600 $83,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3475439

Garden State MLS

APN: 14-04302-0000-00006