NOT LISTED FOR SALE

25 Gates Place Wayne, NJ 07470

Estimated Value: $1,082,458 - $1,231,000

4 Beds
2.5 Baths
3,055 Sq Ft
$372/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $840,000 $275 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,728/month

14 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Jetted Tub in Primary Bathroom
  • Albert P. Terhune Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of May 2017

Impressive CH has been flawlessly renovated & embellished w/tasteful modern touches & today's amenities. This stunning home offers 4 large bedrms, 2.1 updated baths & partially finished basement. Dramatic 2 story foyer opens into Living Room & banquet sized Dining Room. Decadent EIK w/all the bells & whistles; custom cabinetry, center island, granite, 6 burner Range & griddle & pot filler. Kitchen transitions to Family Rm w/ wood-burning fireplace. 2nd floor MBS w/ 2 WIC?s & en-suite bath w/steam shower, 3 add?l bedrms all w/custom fitted closets & main bath with jetted tub. Relax after a long day in your private park-like fenced in yard private enhanced patio & fire pit. Spacious basement with rec room & office. Add'l features include huge laundry Rm on main, 2 car garage & central vac, newer siding.

Last Agent to Sell the Property

Teresa Forte

KELLER WILLIAMS PROSPERITY REALTY Listed on: 02/01/2017

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

RITA MONGELLI

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,268

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 0.47 Acre Lot
  • Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,055 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Attic
  • Partially Finished Basement

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Ap Terhune Elementary School
  • Sch-Colfax Middle School
  • Wayne Hills High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Standard Electricity
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2514-03200-0000-00051-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,268

Year Built

Built in 1994 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1994
  • Year Built Description: Approximate, Renovated
  • County Name: Passaic
  • Exclusions: washer(being replaced by the one in the garage)
  • Directions: Berdan Avenue to Pancake Hollow to Brandywine to Gates
  • I D: 4683973
  • First Name: TERESA
  • First Name3: RITA
  • Last Name: FORTE
  • Last Name3: MONGELLI
  • Office Phone: 973-696-0077
  • Office Phone3: 973-376-4545 x188
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2013

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Water Softener-Own, Dryer, Microwave Oven
  • Interior Amenities: JacuzTyp, StallShw, Walk-In Closet, StallTub, Blinds, Fire Extinguisher, Steam, Window Treatments, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Bedrooms: 4
  • Master Bedroom Desc: 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 And Tub, Jetted Tub, Steam
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Storage Room, Rec Room, Office, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Level: Basement
  • Other Room 3: Rec Room
  • Other Room3 Level: Basement
  • Other Room 4: PowderRm
  • Other Room4 Level: First
  • Level 1 Rooms: Breakfast Room, Family Room, Kitchen, Powder Room, Laundry Room, Foyer, Utility Room, Dining Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 3055
  • Phone: 973-696-6660

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Sidewalk, Patio, Underground Lawn Sprinkler, Metal Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiant - Hot Water, Multi-Zone, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: WAYNE HILLS
  • Middle Jr High School: SCH-COLFAX

Lot Info

  • Lot Size: .468 AC
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.47

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: 19268
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-03200-0000-00051-0000-
  • Tax Rate Amount: 5.339
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: AP TERHUNE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
May 4, 2017
Sold by
Bencivenga Michael and Bencivenga Donna
Bought by
Mongelli Rocco and Mongelli Hazel
Seller's Agent
Teresa Forte
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
RITA MONGELLI
WEICHERT REALTORS
List Price
$849,000
Sold Price
$840,000
Premium/Discount to List
-$9,000
-1.06%
Current Estimated Value
$1,137,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,115
Avg. Annual Appreciation
3.56%
Original Mortgage
$370,000
Outstanding Balance
$187,528
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$949,587

Purchase Details

Closed on
Feb 15, 2012
Sold by
Giovannone Joseph and Giovannone Teresa M
Bought by
Bencivenga Michael and Bencivenga Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
3.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1994
Sold by
Shetfield Assoc
Bought by
Giovannone Joseph and Giovannone Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mongelli Rocco $840,000 Weichert Title Agency
Bencivenga Michael $725,000 None Available
Giovannone Joseph $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mongelli Rocco $370,000
Previous Owner Bencivenga Michael $575,000
Previous Owner Giovannone Joseph $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $840,000 -1.1% $275 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $849,000 -- $278 / 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 $21,459 $360,900 $157,900 $203,000
2024 $20,636 $360,900 $157,900 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3361301

Garden State MLS

APN: 14-03200-0000-00051