NOT LISTED FOR SALE

27 Forest Terrace Wayne, NJ 07470

Estimated Value: $955,000 - $1,058,000

6 Beds
3.5 Baths
2,799 Sq Ft
$355/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $590,000 $211 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,813/month

28 Days on Market

Highlights

  • Custom Home
  • Lake Privileges
  • Deck
  • Packanack Elementary School Rated A-
  • Clubhouse
  • Family Room with Fireplace

About This Home

As of November 2019

Welcome to Packanack Lake 1 of Wayne's premier lake communities with s a Spectacular Club House. Enjoy the 2 beaches, swimming, fishing, boating, golf, tennis, ball fields, walking & an abundance of other social activities. Approaching the front door, you're welcomed by an inviting lemonade porch, ideal for sipping your morning coffee or just relaxing over a fine glass of wine. Upon entering the home you'll be showered with natural sunlight while being equally pleased & impressed with the elegance & charm displayed throughout. There are 5 over-sized bedrooms plus a 1st floor owners suite w/ en-suite bath + his / hers walk-in closets. The 1st floor LRM sports a gas FPL w/entry to a deck overlooking the park-like yard. The 2nd floor sports 4 BRMS, LRM, BATH & LNDRY RM. Enjoy the full WO basement w/FPL & BATH.

Last Agent to Sell the Property

TIMOTHY L. WALLER

KELLER WILLIAMS PROSPERITY REALTY Listed on: 09/10/2019

Last Buyer's Agent

Katherine Cuno

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,309

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • Level Lot

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Custom Home
  • Composition Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • Gas Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Lake Privileges
  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2514-01704-0000-00008-0000-

Community Details

Recreation

  • Tennis Courts
  • Community Playground

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,309

Year Built

Built in 2005

Lot Details

0

HOA Fees

$69 per month

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 2005
  • Year Built Description: Approximate
  • County Name: Passaic
  • Easements Description: Steam
  • Exclusions: WASHER / DRYER
  • Directions: Alps Road to Highland Terrace to Forest Terrace or Lake Dr East to Hemlock Terrace to Forest Terrace
  • I D: 4928963
  • Section Subdiv Development: PACKANACK LAKE
  • First Name: TIMOTHY L.
  • First Name3: KATHERINE L
  • Last Name: WALLER
  • Last Name3: CUNO
  • Office Phone: 973-696-0070
  • Office Phone3: 973-267-8990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Gas Fireplace, Family Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Dishwasher, Self Cleaning Oven, Microwave Oven, Sump Pump
  • Interior Amenities: JacuzTyp, StallShw, Walk-In Closet, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 6
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Basement Level Rooms: Utility Room, Walkout, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Second
  • Kitchen Area: Breakfast Bar, Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Level: Second
  • Other Room 3: Rec Room
  • Other Room3 Level: Basement
  • Other Room 4: Bathroom
  • Other Room4 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Living Room, Dining Room, Bath Main, Powder Room, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, Living Room, Bath Main
  • Phone: 973-694-8000

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Patio, Open Porch(es), Deck
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Built-In Garage, InEntrnc
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Tennis Courts, Lake Privileges
  • Association Maintenance Fee: 825
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: One Time

Schools

  • High School: WAYNE VALLEY
  • Middle Jr High School: G. WASHINGTON

Lot Info

  • Lot Size: .287 AC
  • Easement: Yes
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.29
  • Zoning: RESIDENTIAL

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: 17309
  • Assessor Parcel Number: 2514-01704-0000-00008-0000-
  • Tax Rate Amount: 5.514
  • Tax Year: 2019

MLS Schools

  • Grade School: PACKANACK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Nov 11, 2019
Sold by
Bennett Carol and Bennett Brian
Bought by
Keslensky Daniel Ellis
Seller's Agent
TIMOTHY L. WALLER
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
Katherine Cuno
COLDWELL BANKER REALTY
List Price
$598,800
Sold Price
$590,000
Premium/Discount to List
-$8,800
-1.47%
Current Estimated Value
$992,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,387
Avg. Annual Appreciation
8.79%
Original Mortgage
$520,000
Outstanding Balance
$457,466
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$534,921

Purchase Details

Closed on
Nov 28, 2016
Sold by
Bennett Carol
Bought by
Bennett Carol and Bennett Brian

Purchase Details

Closed on
Feb 19, 1999
Sold by
Bennett Carol and Bennett Brian
Bought by
Bennett Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 1995
Sold by
Schumacher Grace
Bought by
Bennett Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
9.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keslensky Daniel Ellis $590,000 None Available
Bennett Carol -- None Available
Bennett Carol -- --
Bennett Carol $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keslensky Daniel Ellis $520,000
Previous Owner Bennett Carol $137,700
Previous Owner Bennett Carol $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $590,000 -1.5% $211 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $598,800 -- $214 / 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 $18,664 $313,900 $105,600 $208,300
2024 $17,949 $313,900 $105,600 $208,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3586169

Garden State MLS

APN: 14-01704-0000-00008