NOT LISTED FOR SALE

3 Summer Hill Rd Wayne, NJ 07470

Estimated Value: $664,000 - $899,000

2 Beds
4 Baths
3,016 Sq Ft
$272/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $800,000 $265 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,846/month

31 Days on Market

About This Home

As of October 2024

This home is located at 3 Summer Hill Rd, Wayne, NJ 07470 since 24 May 2024 and is currently estimated at $820,601, approximately $272 per square foot. This property was built in 1998. 3 Summer Hill Rd is a home located in Passaic County with nearby schools including Albert P. Terhune Elementary School, Schuyler-Colfax Middle School, and Wayne Hills High School.

Last Agent to Sell the Property

MICHAEL F. MACHINSKI

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 201-975-4141 Listed on: 05/24/2024

Last Buyer's Agent

MICHAEL F. MACHINSKI

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 201-975-4141 Listed on: 05/24/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,296

Year Built

  • Built in 1998

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,296

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Year Built: 1998
  • County Name: Passaic
  • I D: 5290006
  • Attribution Contact: 201-975-4141
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .139 AC
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Oct 15, 2024
Sold by
Faso George and Faso Barbara A
Bought by
Chen Frankie and Yao Caroline
Seller's Agent
MICHAEL F. MACHINSKI
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
MICHAEL F. MACHINSKI
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$759,000
Sold Price
$800,000
Premium/Discount to List
$41,000
5.4%
Views
102
Current Estimated Value
$820,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,601
Avg. Annual Appreciation
2.38%

Purchase Details

Closed on
Sep 23, 2010
Sold by
Lobosco Joseph A and Lobosco Patricia
Bought by
Faso George and Faso Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2008
Sold by
Lobosco Joseph
Bought by
Lobosco Joseph

Purchase Details

Closed on
Jun 9, 2000
Sold by
Lobosco Joseph and Lobosco Patricia
Bought by
Lobosco Patricia and The Joseph Lobosco Qualified P

Purchase Details

Closed on
Jun 10, 1999
Sold by
Lobosco Joseph and Lobosco Patricia
Bought by
The Joseph Lobosco Qualified Residence I and The Patricia Lobosco Qualified Personal
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chen Frankie $800,000 Ctc Connect Title Agency
Chen Frankie $800,000 Ctc Connect Title Agency
Faso George $560,000 --
Lobosco Joseph -- --
Lobosco Patricia -- --
The Joseph Lobosco Qualified Residence I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faso George $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $800,000 +5.4% $265 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $759,000 -- $252 / 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 $18,296 $307,700 $85,000 $222,700
2024 $17,594 $307,700 $85,000 $222,700
2022 $17,397 $307,700 $85,000 $222,700
2021 $17,379 $307,700 $85,000 $222,700
2020 $17,302 $307,700 $85,000 $222,700
2019 $16,967 $307,700 $85,000 $222,700
2018 $16,816 $307,700 $85,000 $222,700
2017 $16,662 $307,700 $85,000 $222,700
2016 $16,428 $307,700 $85,000 $222,700
2015 $16,231 $307,700 $85,000 $222,700
2014 $15,696 $306,200 $85,000 $221,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3903772

Garden State MLS

APN: 14-03700-0000-00080