NOT LISTED FOR SALE

461 Colfax Rd Wayne, NJ 07470

Estimated Value: $674,000 - $761,000

3 Beds
2 Baths
2,322 Sq Ft
$310/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $495,000 $213 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,809/month

64 Days on Market

Highlights

  • Views to the East
  • Property is near a park
  • Skylights
  • Schuyler-Colfax Middle School Rated A
  • Ranch Style House
  • Fireplace

About This Home

As of October 2021

Welcome to an amazing expanded ranch in Wayne. Beautiful overlooking view with abundant trees, soft traffic, and friendly neighborhoods. 18,800 sqft of land, 2,322 sqft of living space. This Sun-Filled ranch home is renovated over the years, new roof, hardwood floors, central AC, central heating, full size finished basement, 2 car garages with extra parking space on driveway, spacious deck and well maintained backyard. The spacious living area consists of a living room with fire place, formal dining room, kitchen with stainless steel appliances, and oversize, high ceiling sunroom. The sleeping area consists of a master bedroom with a master bathroom, two more bedrooms, and a family bathroom.

Last Agent to Sell the Property

Simon Kim

RE/MAX Now Listed on: 04/14/2021

Last Buyer's Agent

Yusuf Gulal

Alexander Anderson Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,718

Year Built

  • 1961

Lot Details

  • 0.43 Acre Lot
  • Irregular Lot

Parking

  • Attached Garage

Property Views

  • Views to the East
  • Views to the South

Home Design

  • Built in the 1960s
  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Skylights
  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Location

  • Property is near a park

Utilities

  • Central Air
  • Baseboard Heating
  • Well

Listing and Financial Details

  • Assessor Parcel Number 161403516 00051

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,718

Year Built

1961

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Ranch
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, One Floor Living
  • Miscellaneous: Skylights, Well
  • Views/Exposure: East, South
  • Year Built: 1960's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 8
  • Fireplace: 1 Fireplace
  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Primary Bathroom: Y
  • Full Bathrooms: 2
  • Basement: Finished, Full

Exterior Features

  • Exterior: Brick, Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached

Utilities

  • Heating: Baseboard, Oil
  • Sewer: Municipal
  • Water Source: Well
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: PASSAIC
  • Lot: 00051
  • Lot Description: Irregular
  • Estimated Lot Sq Ft: 18861

Tax Info

  • Tax: 11718
  • Assessor Parcel Number: 161403516 00051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Oct 7, 2021
Sold by
Lee Kyoung H and Lee Young Oh
Bought by
Yigit Yilmaz
Seller's Agent
Simon Kim
RE/MAX Now
Buyer's Agent
Yusuf Gulal
Alexander Anderson Real Estate Group
List Price
$498,000
Sold Price
$495,000
Premium/Discount to List
-$3,000
-0.6%
Total Days on Market
64
Current Estimated Value
$719,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,056
Avg. Annual Appreciation
10.77%
Original Mortgage
$473,442
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 20, 2012
Closed on
Aug 16, 2012
Sold by
Pittman James and Yang Yunbo
Bought by
Oh Lee Kyoung H and Oh Lee Young
Seller's Agent
Teresa Forte
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
JINKEUN CHANG
REALTY ONE, LLC
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$250,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
Melillo John K
Bought by
Pittman James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.66%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Yigit Yilmaz $495,000 Safe Land Title Agency Llc
Oh Lee Kyoung H $330,000 Old Republic Natioanl Title
Pittman James $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yigit Yilmaz $473,442
Previous Owner Lee Kyoung H $231,000
Previous Owner Oh Lee Kyoung H $250,000
Previous Owner Pittman James W $488,000
Previous Owner Pittman James $91,500
Previous Owner Pittman James W $70,000
Previous Owner Pittman James $448,000
Previous Owner Melillo John K $300,000
Previous Owner Melillo John K $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $495,000 -0.6% $213 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $498,000 0.0% $214 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $498,000 +50.9% $214 / Sq Ft
08/20/2012 08/20/12 Sold $330,000 -- $142 / 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
2024 $11,916 $208,400 $97,300 $111,100
2022 $11,783 $208,400 $97,300 $111,100
2021 $11,770 $208,400 $97,300 $111,100
2020 $11,718 $208,400 $97,300 $111,100
2019 $11,491 $208,400 $97,300 $111,100
2018 $11,389 $208,400 $97,300 $111,100
2017 $11,285 $208,400 $97,300 $111,100
2016 $11,126 $208,400 $97,300 $111,100
2015 $10,993 $208,400 $97,300 $111,100
2014 $10,683 $208,400 $97,300 $111,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21013607

New Jersey MLS

APN: 14-03516-0000-00051