NOT LISTED FOR SALE

38 Chestnut Dr Wayne, NJ 07470

Estimated Value: $555,532 - $615,000

2 Beds
2 Baths
1,176 Sq Ft
$507/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $462,000 $393 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,031/month

23 Days on Market

Highlights

  • Views to the North
  • Packanack Elementary School Rated A-
  • Rectangular Lot

About This Home

As of July 2022

All the charm you could wish for, stylish updates galore, wrapped in a bow, waiting for you! Take in all the appeal- bright white colonial, accented w/ rustic farmhouse window shutters& fence to match. Kick off your shoes in either of the 2 coat closets& gaze upon the sunlight filled, open concept, living/dining rm& kitchen. Highlights- crown molding& original custom wood window cornices, dark stained hardwood flrs, ceiling fans throughout, wood-burning fireplace w/ white marble detailing. Door adjacent= enclosed porch/office w/ large closet& additional exit to the deck. Kitchen- lustrous white cabinetry, black granite countertops, farmhouse sink& SS appliances. Through the full lite glass door = deck overlooking your backyard sanctuary- manicured, fully fenced in, shed& koi pond. 1st floor also includes- FB w/ jetted tub& den before staircases to 2nd fl&basement. 2nd fl- master& 2nd bedroom w/ high ceilings& many windows. Large common FB w/ tub shower& walk-in closet in hallway.

Last Agent to Sell the Property

Jeannemarie Phelan

Weichert Realtors, Wayne Listed on: 05/28/2022

Weichert Realtors, Wayne

Last Buyer's Agent

Rhonda Lipson

Realty Executives Exceptional Realtors-Pompton Plains

Realty Executives Exceptional Realtors-Pompton Plains

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,295

Lot Details

  • 6,490 Sq Ft Lot
  • Rectangular Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Packanack Elementary School
  • George Washington Middle School
  • Wayne Valley High School

Additional Features

  • Views to the North
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Legal Lot and Block 00034 / 01732

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,295

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: North, West
  • Co List Office Phone: (973) 839-4646
  • Outside Inclusions: Dishwasher, Washer, Dryer, Microwave, Fridge, E Range/Oven, Window AC Units
  • MLS Status: Sold - Sold
  • Directions: Rt 23 to Packanack Lake Rd, Left onto Fir Pl, Right onto Cedar Pl, Left onto Chestnut Dr, #38 on the right
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1940's,2010's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Primary Bathroom: No
  • Basement Remarks: Full Unfinished, Utilities, Laundry, Sump Pump, Bilco Door to Backyard

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Cooling: Window Unit(s)
  • Heating: Oil, Radiant Floor, Steam

Schools

  • Elementary School: Packanack E.S.
  • High School: Wayne Valley H.S.
  • Middle Or Junior School: George Washington
  • Elementary: Packanack E.S.

Lot Info

  • Lot Size Sq Ft: 6490.0

Tax Info

  • Tax Annual Amount: 10295.0
  • Tax Block: 01732
  • Tax Lot: 00034

MLS Schools

  • High School Text: Wayne Valley H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2022
Closed on
Jul 22, 2022
Sold by
Phyllis Bonn
Bought by
East Ralph and East Emma
Seller's Agent
Jeannemarie Phelan
Weichert Realtors, Wayne
Buyer's Agent
Rhonda Lipson
Realty Executives Exceptional Realtors-Pompton Plains
List Price
$429,000
Sold Price
$462,000
Premium/Discount to List
$33,000
7.69%
Current Estimated Value
$596,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,133
Avg. Annual Appreciation
7.71%
Original Mortgage
$323,400
Outstanding Balance
$309,241
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$286,892

Purchase Details

Closed on
Dec 14, 2011
Sold by
Cusick William and Cusick Phyllis
Bought by
Cusick Phyllis

Purchase Details

Closed on
Apr 7, 2008
Sold by
Killion Phyllis
Bought by
Cusick Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,410
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2002
Sold by
Macy Laura
Bought by
Killion Phyllis

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
6.8%

Purchase Details

Closed on
Oct 31, 2000
Sold by
Sernack George
Bought by
Macy Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,550
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1994
Sold by
Westra Donald
Bought by
Sernack George and Sernack Krist

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.25%
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
East Ralph $462,000 Westcor Land Title
East Ralph $462,000 Westcor Land Title
Cusick Phyllis -- --
Cusick Phyllis -- --
Killion Phyllis $273,000 --
Macy Laura $242,000 --
Sernack George $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East Ralph $323,400
Closed East Ralph $323,400
Previous Owner Cusick Phyllis $202,410
Previous Owner Killion Phyllis $130,000
Previous Owner Macy Laura $218,550
Previous Owner Sernack George $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $462,000 +7.7% $393 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
05/28/2022 05/28/22 For Sale $429,000 -- $365 / Sq Ft
Source: New Jersey 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 $10,887 $183,100 $106,900 $76,200
2024 $10,470 $183,100 $106,900 $76,200
2022 $10,352 $183,100 $106,900 $76,200
2021 $10,341 $183,100 $106,900 $76,200
2020 $10,296 $183,100 $106,900 $76,200
2019 $10,096 $183,100 $106,900 $76,200
2018 $10,006 $183,100 $106,900 $76,200
2017 $9,915 $183,100 $106,900 $76,200
2016 $9,776 $183,100 $106,900 $76,200
2015 $9,659 $183,100 $106,900 $76,200
2014 $9,386 $183,100 $106,900 $76,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22019422

New Jersey MLS

APN: 14-01732-0000-00034