$715,000
SOLD NOV 21, 2024

16 Michael Dr Wayne, NJ 07470

3 Beds
2 Baths
1,463 Sq Ft
0.34 Acres

Recently Sold

$489 Per Sq Ft

11% Above List Price

13 Days on Market

About This Home

As of November 2024

This home is located at 16 Michael Dr, Wayne, NJ 07470 and is currently priced at $715,000, approximately $488 per square foot. This property was built in 1957. 16 Michael Dr is a home located in Passaic County with nearby schools including James Fallon Elementary School, Anthony Wayne Middle School, and Wayne Hills High School.

Last Agent to Sell the Property

Karen Peters

COLDWELL BANKER REALTY Brokerage Phone: 973-694-8000 Listed on: 08/21/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Susan Laskin

COLDWELL BANKER REALTY HIL

COLDWELL BANKER REALTY HIL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,418

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,418

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Year Built: 1957
  • County Name: Passaic
  • Street Number Display: 16
  • I D: 5307809
  • Modified: 2024-11-22
  • Number Images: 1
  • Attribution Contact: 973-694-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .344 AC
  • Total Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Nov 13, 2024
Sold by
Nicole Pescatoree and Nicole Pescatore Nicole
Bought by
Kimball Paul and Byron-Kimball Patricia
Seller's Agent
Karen Peters
COLDWELL BANKER REALTY
Buyer's Agent
Susan Laskin
COLDWELL BANKER REALTY HIL
List Price
$642,000
Sold Price
$715,000
Premium/Discount to List
$73,000
11.37%
Views
292
Current Estimated Value
$706,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,782
Avg. Annual Appreciation
1.29%

Purchase Details

Listed on
Sep 11, 2019
Closed on
Mar 19, 2020
Sold by
Vivino Stephanie and Vivino Michael P
Bought by
Guarino Michael and Pescatore Nicole
Seller's Agent
Fred Verillo
Verillo Realty Agency
Buyer's Agent
Lorraine VanAssen
Coldwell Banker, Wayne
List Price
$429,900
Sold Price
$382,500
Premium/Discount to List
-$47,400
-11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%
Original Mortgage
$325,125
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2010
Sold by
Bank Of America
Bought by
Vivino Angelika and Vivino Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2009
Sold by
Passaic County Sheriff
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 10, 2007
Sold by
Ramirez Rodolfo
Bought by
Orozco Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,536
Interest Rate
6.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 2005
Sold by
Patino Antonio
Bought by
Ramirez Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,750
Interest Rate
5.78%

Purchase Details

Closed on
Sep 19, 2003
Sold by
Malinchak Peter
Bought by
Patino Antonio and Patino Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
6.29%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $715,000 Realsafe Title
Bargain Sale Deed $382,500 Stewart Title Insurance Co
Deed $355,000 --
Sheriffs Deed $562,988 --
Deed $636,000 --
Deed $545,000 --
Deed $380,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $320,000 New Conventional
Previous Owner $325,125 New Conventional
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $63,536 Unknown
Previous Owner $508,800 Adjustable Rate Mortgage/ARM
Previous Owner $517,750 No Value Available
Previous Owner $361,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2024 11/21/24 Sold $715,000 +11.4% $489 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $642,000 +67.8% $439 / Sq Ft
03/30/2020 03/30/20 Sold $382,500 -4.4% $261 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
11/15/2019 11/15/19 Price Changed $399,999 -3.6% $273 / Sq Ft
10/26/2019 10/26/19 Price Changed $415,000 -3.5% $284 / Sq Ft
09/11/2019 09/11/19 For Sale $429,900 -- $294 / 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 $10,418 $182,200 $121,000 $61,200
2022 $10,302 $182,200 $121,000 $61,200
2021 $10,291 $182,200 $121,000 $61,200
2020 $10,245 $182,200 $121,000 $61,200
2019 $10,047 $182,200 $121,000 $61,200
2018 $9,957 $182,200 $121,000 $61,200
2017 $9,866 $182,200 $121,000 $61,200
2016 $9,728 $182,200 $121,000 $61,200
2015 $9,611 $182,200 $121,000 $61,200
2014 $9,340 $182,200 $121,000 $61,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3919891

Garden State MLS

APN: 14-01815-0000-00004