NOT LISTED FOR SALE

2 Farmstead Ln Wayne, NJ 07470

Estimated Value: $1,027,544 - $1,181,000

4 Beds
3.5 Baths
3,059 Sq Ft
$372/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $850,000 $278 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,625/month

21 Days on Market

Highlights

  • Corner Lot
  • Cul-De-Sac
  • En-Suite Primary Bedroom
  • Schuyler-Colfax Middle School Rated A
  • Stairway
  • Central Air

About This Home

As of October 2022

Gorgeous CH Colonial in desirable Black Oak Ridge section of Wayne. Corner location of a cul-de-sac. Spectacular kitchen with maple cabinets, granite counters, stainless steel appliances and tons of storage. Hardwood floors throughout. Tremendous family room with stone fireplace. Two tiered deck overlooking parklike yard. Full finished basement with summer kitchen and full bath. All bedrooms oversized. Laundry room on first floor. Great schools. Must not miss this one!!! Professional photos to follow

Last Agent to Sell the Property

Debra Brophy

Weichert Realtors, Wayne Listed on: 08/01/2022

Weichert Realtors, Wayne

Last Buyer's Agent

Laura Gill

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,927

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Theunis Dey Elementary School
  • Schuyler-Colfax Elementary Middle School
  • Wayne Hills High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Stairway

Listing and Financial Details

  • Legal Lot and Block 00013 / 02509

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Corner Lot, Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 696-6660
  • Outside Inclusions: Refrigerator, Dishwasher, Cooktop Gas, Kitchen Exhaust Fan, Wall Oven, W/D
  • MLS Status: Sold - Sold
  • Directions: Black Oak Ridge Rd or Webster to Marlton to Farmstead Lan
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1980's
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: Rec Room, Full Bath, Exercise Room, Summer Kitchen

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Hot Water, Zoned

Schools

  • Elementary School: Theunis Dey E.S.
  • High School: Wayne Hills H.S
  • Middle Or Junior School: Schuyler-Colfax E.S.
  • Elementary: Theunis Dey E.S.

Lot Info

  • Lot Size Sq Ft: 16466.0

Tax Info

  • Tax Annual Amount: 18927.0
  • Tax Block: 02509
  • Tax Lot: 00013

MLS Schools

  • High School Text: Wayne Hills H.S

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Oct 6, 2022
Sold by
Martinez Carolyn Burke and Martinez Francis J
Bought by
Katsnelson Michael and Katsnelson Michelle
Seller's Agent
Debra Brophy
Weichert Realtors, Wayne
Buyer's Agent
Laura Gill
Keller Williams Village Square Realty
List Price
$859,900
Sold Price
$850,000
Premium/Discount to List
-$9,900
-1.15%
Current Estimated Value
$1,139,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,136
Avg. Annual Appreciation
9.46%
Original Mortgage
$722,500
Outstanding Balance
$698,293
Interest Rate
6.7%
Mortgage Type
Balloon
Estimated Equity
$440,843

Purchase Details

Closed on
Aug 15, 1992
Bought by
Martinez Carolyn Burke
Source: Public Records
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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
Katsnelson Michael $850,000 Carnegie Title
Martinez Carolyn Burke $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katsnelson Michael $722,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $850,000 -1.2% $278 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $859,900 -- $281 / Sq Ft
Source: New Jersey 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 $20,014 $336,600 $146,100 $190,500
2024 $19,247 $336,600 $146,100 $190,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22028641

New Jersey MLS

APN: 14-02509-0000-00013