NOT LISTED FOR SALE

14 Forest Terrace Wayne, NJ 07470

Packanack Lake Neighborhood

Estimated Value: $680,000 - $751,000

5 Beds
2 Baths
1,414 Sq Ft
$513/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $424,900 $300 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,952/month

31 Days on Market

Highlights

  • Lake Privileges
  • Cape Cod Architecture
  • Wood Flooring
  • Packanack Elementary School Rated A-
  • Clubhouse
  • Tennis Courts

About This Home

As of November 2019

Charming Cape Cod located in desirable Packanack Lake community. Large shade trees flank the property of this 5 bedroom/ 2 bath home. Nothing to do but move in. Freshly painted, hardwood floors, large kitchen opening to a lovely 3 season sun porch. First floor boasts 2 bedrooms currently being used as an office and den. Spacious second floor with 3 nice size bedrooms and full bath. Newer roof, air conditioning / heating system. Fenced rear yard. Close to schools, shopping, transit. Enjoy lake amenities including swimming, boating, golf, tennis, and sports. Don't miss out on this great home

Last Agent to Sell the Property

CAROL BENNETT

COLDWELL BANKER REALTY Listed on: 08/20/2019

Last Buyer's Agent

JEFFREY KARN

EXODUS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,771

Year Built

  • Built in 1955

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • Blinds
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • French Drain

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Lake Privileges
  • Enclosed patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2514-01703-0000-00014-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,771

Year Built

Built in 1955

Lot Details

0

HOA Fees

$69 per month

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1955
  • County Name: Passaic
  • Street Number Display: 14
  • Directions: Alps to Hillside to Forest
  • I D: 4922808
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Packanack
  • First Name: CAROL
  • First Name3: JEFFREY
  • Last Name: BENNETT
  • Last Name3: KARN
  • Office Phone: 973-694-8000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Carbon Monoxide Detector, Freezer-Freestanding, Range/Oven-Electric, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: French Drain, Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room
  • Den Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: First
  • Level 1 Rooms: 2 Bedrooms, Screened, Bath Main
  • Level 2 Rooms: 3 Bedrooms, Bath(s) Other
  • Phone: 973-694-8000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Storm Door(s), Enclosed Porch(es), Metal Fence, Storm Window(s)
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Jogging/Biking Path, Tennis Courts, Lake Privileges
  • Association Maintenance Fee: 825
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time

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: .132 AC
  • Assessed Improvement Value: 101600
  • Assessed Land Value: 95500
  • Assessment: 197100
  • Easement: Unknown
  • Lot Identifier: 14
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13
  • Zoning: res

Rental Info

  • Application Fee: 1200
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10771
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01703-0000-00014-0000-
  • 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
Aug 20, 2019
Closed on
Nov 22, 2019
Sold by
Suaree Octavio De Ia and Suaree Alicia De La
Bought by
Maiorino Michael L and Maiorino Danielle A
Seller's Agent
CAROL BENNETT
COLDWELL BANKER REALTY
Buyer's Agent
JEFFREY KARN
EXODUS REAL ESTATE
List Price
$424,900
Sold Price
$424,900
Current Estimated Value
$720,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,418
Avg. Annual Appreciation
9.67%
Original Mortgage
$380,900
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1986
Bought by
Delasuaree Octavio and Delasuaree Alicia
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
Maiorino Michael L $424,900 Title Masters Llc
Delasuaree Octavio $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maiorino Michael L $50,000
Open Maiorino Michael L $372,000
Previous Owner Maiorino Michael L $380,900
Previous Owner Delasuaree Octavio $405,473
Previous Owner Suaree Octavio E De La $75,000
Previous Owner Suaree Octavio De Le $343,104
Previous Owner Delasuaree Octavio $42,700
Previous Owner Delasuaree Octavio $242,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $424,900 0.0% $300 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $424,900 -- $300 / 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 $11,270 $197,100 $95,500 $101,600
2022 $11,144 $197,100 $95,500 $101,600
2021 $11,132 $197,100 $95,500 $101,600
2020 $11,083 $197,100 $95,500 $101,600
2019 $10,868 $197,100 $95,500 $101,600
2018 $10,772 $197,100 $95,500 $101,600
2017 $10,673 $197,100 $95,500 $101,600
2016 $10,523 $197,100 $95,500 $101,600
2015 $10,397 $197,100 $95,500 $101,600
2014 $10,103 $197,100 $95,500 $101,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    CAROL BENNETT

    COLDWELL BANKER REALTY

  • J

    Buyer's Agent in 2019

    JEFFREY KARN

    EXODUS REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3581741

Garden State MLS

APN: 14-01703-0000-00014

New Jersey Passaic County Wayne 07470 Packanack Lake

14 Forest Terrace, Wayne, NJ

This home is located at 14 Forest Terrace, Wayne, NJ 07470 since 20 August 2019 and is currently estimated at $725,014, approximately $512 per square foot. This property was built in 1955. 14 Forest Terrace is a home located in Passaic County with nearby schools including Packanack Elementary School, George Washington Middle School, and Wayne Valley High School.

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