NOT LISTED FOR SALE

31 Knox Terrace Unit 1B Wayne, NJ 07470

Estimated Value: $296,921 - $395,000

1 Bed
1 Bath
722 Sq Ft
$304/mo HOA Fee

Last Sold November 27, 2019

Last sale price $188,500 $261 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,283/month

124 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Living Room
  • John F. Kennedy Elementary School Rated A-
  • Formal Dining Room
  • 1-Story Property

About This Home

As of November 2019

Look no further and step right into this lovely first floor unit located in the desirable Vally Terrace Condo Association of Wayne This one bedroom unit offers great natural light and gleaming hardwood floors throughout the living space. Enjoy an open floor plan layout with the kitchen leading to the dining room and large family room. A spacious bedroom with double closets provides all the space you may need! Walk in storage closet in the hallway and linen closet outside the full bath offers loads of additional storage space. Affordable living in the heart of Wayne! Monthly maintenance includes heat, water, and sewer bills. Beautiful association pool. Don't miss the opportunity!

Last Agent to Sell the Property

Eugene Lowe

HOWARD HANNA RAND REALTY Listed on: 05/23/2019

HOWARD HANNA RAND REALTY

Last Buyer's Agent

Olga Dfouni

KELLER WILLIAMS PROSPERITY REALTY

KELLER WILLIAMS PROSPERITY REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,158

Year Built

  • Built in 1962

Lot Details

  • 566

HOA Fees

  • $304 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • On-Street Parking
  • Off-Street Parking

Pool

  • Private Pool

Schools

  • Jfk Elementary School
  • Anthony Wayne Middle School
  • Wayne Hills High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2514-02801-0000-00003-0000-C0050
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, heat, maintenance-common area, sewer fees, water fees

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,158

Year Built

Built in 1962

Lot Details

0

HOA Fees

$304 per month

Listing Details

  • Style: First Floor Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1962
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 31-1B
  • Directions: Valley Rd to Knox Terrace then second right. Or Hinchman Ave to Knox then second left
  • I D: 4900435
  • Modified: 2021-09-23
  • Number Images: 19
  • Section Subdiv Development: Valley Terrace
  • First Name: EUGENE
  • First Name2: GENE
  • First Name3: OLGA
  • Last Name: LOWE
  • Last Name2: LOWE
  • Last Name3: DFOUNI
  • Office Phone2: 973-694-6500
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Microwave Oven
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 4
  • Bedrooms: 1
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Galley Type
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 1 Bedroom, Living Room, Dining Room, Bath Main, Kitchen
  • Phone: 973-694-6500

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Curbs, Sidewalk
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Blacktop, Off-Street Parking, On-Street Parking

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Association, Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Association

Condo/Co-op/Association

  • Association Maintenance Fee: 304
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Heat, Maintenance-Common Area, Sewer Fees, Water Fees

Schools

  • Elementary School: JFK
  • Middle School: ANTHONY WAYNE
  • High School: WAYNE HILLS
  • High School: WAYNE HILLS
  • Middle Jr High School: ANTHONY WAYNE

Lot Info

  • Lot Size: .000 AC
  • Assessed Improvement Value: 32500
  • Assessed Land Value: 43600
  • Assessment: 76100
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 304
  • Pets Allowed: SizLimit, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4158
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-02801-0000-00003-0000-C0050
  • Tax Rate Amount: 5.465
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: JFK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Nov 26, 2019
Sold by
Burke Patricia
Bought by
Perez Hecotr L and Perez Ruth
Seller's Agent
Eugene Lowe
HOWARD HANNA RAND REALTY
Buyer's Agent
Olga Dfouni
KELLER WILLIAMS PROSPERITY REALTY
List Price
$199,000
Sold Price
$188,500
Premium/Discount to List
-$10,500
-5.28%
Current Estimated Value
$295,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,671
Avg. Annual Appreciation
8.17%
Original Mortgage
$168,000
Outstanding Balance
$149,970
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$145,201

Purchase Details

Closed on
Oct 22, 2010
Sold by
Lieberman Jill
Bought by
Burke Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2003
Sold by
Mongillo Ciro
Bought by
Lieberman Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.11%

Purchase Details

Closed on
Jan 31, 2001
Sold by
Phelan Bryan
Bought by
Mongillo Ciro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
6.89%

Purchase Details

Closed on
Jan 20, 2000
Sold by
Viscuso Michael A
Bought by
Phelan Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8%
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
Perez Hecotr L $188,500 Residential Comm Title
Burke Patricia $194,000 --
Lieberman Jill $157,000 --
Mongillo Ciro $111,000 --
Phelan Bryan $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Hecotr L $168,000
Previous Owner Burke Patricia $145,500
Previous Owner Lieberman Jill $125,000
Previous Owner Mongillo Ciro $88,800
Previous Owner Phelan Bryan $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $188,500 -5.3% $261 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $199,000 -- $276 / 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
2024 $4,351 $76,100 $43,600 $32,500
2022 $4,303 $76,100 $43,600 $32,500
2021 $4,298 $76,100 $43,600 $32,500
2020 $4,279 $76,100 $43,600 $32,500
2019 $4,196 $76,100 $43,600 $32,500
2018 $4,159 $76,100 $43,600 $32,500
2017 $4,121 $76,100 $43,600 $32,500
2016 $4,063 $76,100 $43,600 $32,500
2015 $4,014 $76,100 $43,600 $32,500
2014 $3,901 $76,100 $43,600 $32,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3559500

Garden State MLS

APN: 14-02801-0000-00003-0000-C0050