NOT LISTED FOR SALE

31 Lake Rd Wayne, NJ 07470

Estimated Value: $412,000 - $485,000

3 Beds
1.5 Baths
1,197 Sq Ft
$379/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $240,000 $201 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,020/month

82 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Eat-In Kitchen
  • Schuyler-Colfax Middle School Rated A
  • Ranch Style House
  • Living Room

About This Home

As of October 2019

Updated Ranch offering a nice open concept, high ceilings, spacious bedrooms & closets. Newer baths, windows, siding, roof, heating. Public water & sewer. Dead end street. You'll love the rear yard, sit on the deck and take in the beauty of the water and listen to the ducks and wildlife. Long driveway fits lots of cars and home sits nice off the street. Close to Sgt. Tom Deppa Park which has been updated and a great place to play! Minutes to Rt. 23, Shopping and more.

Last Agent to Sell the Property

Colleen McMahon

C-21 CREST REAL ESTATE, INC. Listed on: 05/10/2019

Last Buyer's Agent

Michelle Maia

REALTY OF AMERICA

REALTY OF AMERICA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,957

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Private Waterfront
  • Level Lot
  • Irregular Lot

Parking

  • 4 Parking Spaces

Home Design

  • Ranch Style House
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Pines Lake Elementary School
  • Sch-Colfax Middle School
  • Wayne Hills High School

Utilities

  • Window Unit Cooling System
  • Standard Electricity
  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 2514-03507-0000-00001-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,957

Year Built

Built in 1935 | Remodeled

Lot Details

0

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1935
  • Year Built Description: Approximate, Renovated
  • County Name: Passaic
  • Exclusions: Tenants belongings
  • Directions: BLACK OAK RIDGE RD. / NORTH / LAKE RD.
  • I D: 4896148
  • Section Subdiv Development: RIVERVIEW
  • First Name: COLLEEN
  • First Name3: MICHELLE
  • Last Name: MCMAHON
  • Last Name3: MAIA
  • Office Phone: 973-646-7419
  • Office Phone3: 908-325-5300
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2007

Interior Features

  • Appliances: Range/Oven-Electric, Refrigerator, Washer, Dishwasher, Dryer
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room, Walkout, Storage Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: First
  • Other Room 3: Laundry Room
  • Other Room3 Level: Basement
  • Other Room 4: Utility Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: 3 Bedrooms, Living Room, Dining Room, Bath Main, Bath(s) Other, Kitchen
  • Phone: 973-686-1500

Exterior Features

  • Exterior Description: Stone, Wood
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: OilAbOut
  • Heating: 1 Unit
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric
  • Water: Water Charge Extra, Public Water

Schools

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

Lot Info

  • Lot Size: .158 AC
  • Easement: Unknown
  • Lot Description: Level Lot, Waterfront, Irregular Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.16
  • Zoning: RES

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6957
  • Assessor Parcel Number: 2514-03507-0000-00001-0000-
  • Tax Rate Amount: 5.465
  • Tax Rate Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: PINES LAKE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Oct 20, 2019
Sold by
Hoffman Nicholas and Hoffman Meghan
Bought by
Olavarria Daniel and Olavarria Sara
Seller's Agent
Colleen McMahon
C-21 CREST REAL ESTATE, INC.
Buyer's Agent
Michelle Maia
REALTY OF AMERICA
List Price
$299,900
Sold Price
$240,000
Premium/Discount to List
-$59,900
-19.97%
Current Estimated Value
$453,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,648
Avg. Annual Appreciation
10.80%
Original Mortgage
$228,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2018
Sold by
Marvinny Chroistpoher D
Bought by
Zaydan Waseam

Purchase Details

Closed on
Dec 27, 2012
Sold by
Hoffman Meghan
Bought by
Hoffman Nicholas

Purchase Details

Closed on
Feb 15, 2008
Sold by
Beggan Patrick
Bought by
Hoffman Nicholas and Hoffman Meghan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,150
Interest Rate
5.8%
Mortgage Type
VA

Purchase Details

Closed on
Feb 14, 2008
Sold by
Beggan Cathy
Bought by
Beggan Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,150
Interest Rate
5.8%
Mortgage Type
VA

Purchase Details

Closed on
Nov 11, 2005
Sold by
Eliza Elizabeth A Burdette Fka
Bought by
Beggan Patrick and Beggan Cathy
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
Olavarria Daniel $240,000 All Ahead Title Agency Llc
Zaydan Waseam $183,000 Town Title Agency Llc
Hoffman Nicholas -- None Available
Hoffman Nicholas $311,500 --
Beggan Patrick -- --
Beggan Patrick $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olavarria Daniel $228,000
Previous Owner Hoffman Nicholas $318,150
Previous Owner Beggan Patrick $318,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2019 10/21/19 Sold $240,000 -5.9% $201 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/08/2019 07/08/19 Price Changed $255,000 -15.0% $213 / Sq Ft
05/10/2019 05/10/19 For Sale $299,900 -- $251 / 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 $7,771 $130,700 $66,200 $64,500
2024 $7,473 $130,700 $66,200 $64,500
2022 $7,390 $130,700 $66,200 $64,500
2021 $7,382 $130,700 $66,200 $64,500
2020 $7,349 $130,700 $66,200 $64,500
2019 $7,207 $130,700 $66,200 $64,500
2018 $7,143 $130,700 $66,200 $64,500
2017 $7,077 $130,700 $66,200 $64,500
2016 $6,728 $130,700 $66,200 $64,500
2015 $6,644 $130,700 $66,200 $64,500
2014 $6,450 $130,700 $66,200 $64,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3555762

Garden State MLS

APN: 14-03507-0000-00001