NOT LISTED FOR SALE

166 Lake Dr E Wayne, NJ 07470

Estimated Value: $1,060,000 - $1,370,000

5 Beds
4.5 Baths
4,000 Sq Ft
$293/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $950,000 $238 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,393/month

154 Days on Market

Highlights

  • In Ground Pool
  • Custom Home
  • Living Room with Fireplace
  • Packanack Elementary School Rated A-
  • Lake View
  • Recreation Room

About This Home

As of December 2018

Magnificent Custom Home in Packanack Lake features much more than pictures show. 5 BRS, 4.5 baths - Master bedroom with California closets and master bath. Second and third bedrooms feature private baths and walk-in closets. Spectacular family room w/vaulted ceilings and full custom wet bar w/granite top. Hardwood floors throughout. 7 zone radiant heat, 3 zone central air. Gourmet eat-in kitch w/high end appliances, cathedral ceilings, large center island and walk-out to a secluded rear yard w/paver block patio, stone fireplace, kitchen, cabana w/entertainment center, built-in grill, saltwater heated Gunite pool w/water falls descending from stone back drop. State of the art remote control sound system inside and out. 2 car oversized garage w/radiant heat. Professionally landscaped. This home is incredible!

Last Agent to Sell the Property

Maria Ferrito

C-21 GEMINI, LLC. Listed on: 06/18/2018

Last Buyer's Agent

MELISSA SHANLEY

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,636

Year Built

  • Built in 2006

Lot Details

  • 0.37 Acre Lot
  • Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Oversized Parking
  • Garage Door Opener
  • Paver Block

Home Design

  • Custom Home
  • Brick Exterior Construction

Interior Spaces

  • 4,000 Sq Ft Home
  • Wet Bar
  • Sound System
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Lake Views
  • Finished Basement
  • Front Basement Entry

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Patio

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Radiant Heating System
  • Standard Electricity
  • Gas Water Heater

Community Details

  • $36 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 2514-02308-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,636

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 2006
  • Year Built Description: Approximate
  • County Name: Passaic
  • Renovated Year: 2006
  • Street Number Display: 166
  • Directions: Lake Drive East, between Ingraham and Brookwood
  • I D: 4814321
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Packanack Lake
  • First Name: MARIA
  • First Name3: MELISSA
  • Last Name: FERRITO
  • Last Name3: SHANLEY
  • Office Phone: 973-696-1111
  • Office Phone3: 201-891-0100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2006

Interior Features

  • Flooring: Wood
  • Fireplace Description: Gas Fireplace, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave Oven
  • Interior Amenities: Bar-Wet, Security System, Blinds, Window Treatments, Carbon Monoxide Detector, High Ceilings, Stereo System, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 11
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Laundry Room, Utility Room, Storage Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Ground
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Vestibul
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Level: Third
  • Other Room 3: Bathroom
  • Other Room3 Level: Third
  • Level 1 Rooms: Living Room, Pantry, Dining Room, Entrance Vestibule, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath Main
  • Estimated Sq Ft: 4000
  • Ground Level Rooms: Walkout, Outside Entrance, Bath(s) Other, Family Room
  • Phone: 973-696-1111

Exterior Features

  • Exterior Description: Brick, Stucco
  • Exterior Features: Barbeque, Underground Lawn Sprinkler, Hot Tub, Patio, Metal Fence, Curbs, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Gunite, In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Paver Block

Utilities

  • Cooling: 3 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiant - Hot Water, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 436

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: .366 AC
  • Assessed Improvement Value: 304500
  • Assessed Land Value: 132000
  • Assessment: 436500
  • Easement: Unknown
  • Lot Description: Lake/Water View, Level Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.37
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 23636
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-02308-0000-00004-0000-
  • Tax Rate Amount: 5.415
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: PACKANACK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Dec 31, 2018
Sold by
Spiotti Robert and Spiotti Lauren
Bought by
Balazs Sandra and Balazs Peter
Seller's Agent
Maria Ferrito
C-21 GEMINI, LLC.
Buyer's Agent
MELISSA SHANLEY
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$1,099,000
Sold Price
$950,000
Premium/Discount to List
-$149,000
-13.56%
Current Estimated Value
$1,170,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,356
Avg. Annual Appreciation
3.13%
Original Mortgage
$760,000
Outstanding Balance
$682,861
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$487,495

Purchase Details

Listed on
Dec 2, 2013
Closed on
Dec 2, 2013
Sold by
March Louis and March Karrie
Bought by
Spiotti Robert E
Seller's Agent
Ronald Aiosa
KELLER WILLIAMS PROSPERITY REALTY
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$760,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2000
Sold by
Vanlunen Cynthia C and Vanlunen Hendrick
Bought by
March Louis and March Karrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.91%
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
Balazs Sandra $950,000 Simplcity Title Llc
Spiotti Robert E $950,000 None Available
March Louis $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balazs Sandra $760,000
Previous Owner Spiotti Robert E $760,000
Previous Owner March Louis $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2018 12/31/18 Sold $950,000 -13.6% $238 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $1,099,000 +15.7% $275 / Sq Ft
12/02/2013 12/02/13 Sold $950,000 -- $249 / Sq Ft View Prior Sale
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 $25,954 $436,500 $132,000 $304,500
2024 $24,959 $436,500 $132,000 $304,500
2022 $24,680 $436,500 $132,000 $304,500
2021 $24,654 $436,500 $132,000 $304,500
2020 $24,544 $436,500 $132,000 $304,500
2019 $24,069 $436,500 $132,000 $304,500
2018 $23,855 $436,500 $132,000 $304,500
2017 $23,636 $436,500 $132,000 $304,500
2016 $23,305 $436,500 $132,000 $304,500
2015 $23,025 $436,500 $132,000 $304,500
2014 $22,375 $436,500 $132,000 $304,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3480206

Garden State MLS

APN: 14-02308-0000-00004