NOT LISTED FOR SALE

48 Lake Trail E Wayne, NJ 07470

Estimated Value: $584,000 - $687,000

3 Beds
2 Baths
1,765 Sq Ft
$366/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $410,000 $232 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,337/month

21 Days on Market

Highlights

  • Lake Privileges
  • Clubhouse
  • Contemporary Architecture
  • Randall Carter School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of October 2021

BEAUTIFUL CONTEMPORARY HOME WITH THE BEACH HOME STYLE AND SKYLIGHTS LOCATED IN PACKANACK LAKE COMMUNITY! FORMAL LIVING ROOM AND DINING ROOM WITH A BEAUTIFUL BACKYARD DECK! ENJOY MANY AMAZING LIFESTYLE AMENITIES AT PACKANACK LAKE COMMUNITY FROM GOLF, TENNIS, CLUBHOUSE, TO SAILING AND PRIVATE LAKE ACCESS! BEAUTIFUL FIREPLACE AND LARGE ANDERSON WINDOWS! THIS HOME IS MOVE-IN READY! LARGE PARKING WITH A SEPARATE TWO-CAR GARAGE AND 2ND LEVEL STORAGE AS WELL. PRIVACY ALL AROUND WITH BEAUTIFUL LANDSCAPING.

Last Agent to Sell the Property

NESMET BADAWI

EXP REALTY, LLC Listed on: 07/12/2021

Last Buyer's Agent

DOMINIC IANNARELLA

THE DIAMOND AGENCY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,874

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 9,148 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Private Driveway
  • Parking Garage Space

Home Design

  • Contemporary Architecture
  • Rubber Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Formal Dining Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Exterior Basement Entry
  • Sump Pump
  • French Drain

Outdoor Features

  • Lake Privileges
  • Deck
  • Storage Shed

Schools

  • Packanack Elementary School
  • G. Washington Middle School
  • Wayne Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2514-01310-0000-00019-0000-

Community Details

Recreation

  • Tennis Courts
  • Jogging Path

Additional Features

  • Association fees include maintenance-common area
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,874

Year Built

Built in 1945 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Contemporary
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Year Built: 1945
  • Year Built Description: Approximate, Renovated
  • County Name: Passaic
  • Exclusions: OWNER'S PROPERTY
  • Directions: OFF OF OSBORNE TERRACE
  • I D: 5087736
  • First Name: NESMET
  • First Name3: DOMINIC
  • Last Name: BADAWI
  • Last Name3: IANNARELLA
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Flooring: Stone, Tile, Wood
  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Stackable Washer/Dryer, Sump Pump
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Skylight
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Tub Only
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: French Drain, Unfinished
  • Basement Level Rooms: Outside Entrance
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: LivingRm
  • Other Room 2: DiningRm
  • Other Room2 Level: First
  • Other Room 3: Kitchen
  • Other Room3 Level: First
  • Other Room 4: Bathroom
  • Other Room4 Level: First
  • Phone: 973-696-1111

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Privacy Fence, Storage Shed, Wood Fence
  • Roof Description: Rubberized

Garage/Parking

  • Garage Description: Detached Garage, Finished Garage, Garage Parking
  • Number Garage Spaces: 2
  • Number Parking Spaces: 9
  • Parking Driveway Description: 2 Car Width, Driveway-Exclusive

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Lake Privileges, MulSport, Tennis Courts
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

Fee Information

  • Other Fee Freqency: Annually

Schools

  • High School: WAYNE VALLEY
  • Middle Jr High School: G. WASHINGTON

Lot Info

  • Lot Size: .207 AC
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.21

Rental Info

  • Pets Allowed: CatsOK, DogsOK, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 10874
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01310-0000-00019-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.623
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: PACKANACK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Oct 20, 2021
Sold by
Badawi Hekmat F
Bought by
Hough William J and Monroy Cynthia C
Seller's Agent
NESMET BADAWI
EXP REALTY, LLC
Buyer's Agent
DOMINIC IANNARELLA
THE DIAMOND AGENCY
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Current Estimated Value
$644,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,788
Avg. Annual Appreciation
11.47%
Original Mortgage
$369,000
Outstanding Balance
$336,883
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$308,544

Purchase Details

Closed on
Mar 12, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Badawi Hekmat F

Purchase Details

Closed on
Dec 11, 2007
Sold by
Jerry Speziale Passaic Cnty Sheriff
Bought by
Deutsche Bank National Trust C

Purchase Details

Closed on
Aug 23, 2000
Sold by
Quinones Robert
Bought by
Quinones Madeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,315
Interest Rate
7.78%

Purchase Details

Closed on
Aug 19, 1999
Sold by
Spina Joseph and Spina Penny A
Bought by
Spina Penny A
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
Hough William J $410,000 Passaic Valley Title Svc Inc
Badawi Hekmat F $332,000 --
Deutsche Bank National Trust C $563,653 --
Quinones Madeline -- Commonwealth Land Title Ins
Quinones Robert $287,000 Stewart Title Guaranty Compa
Spina Penny A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hough William J $369,000
Previous Owner Quinones Robert $273,315
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2021 10/26/21 Sold $410,000 +2.8% $232 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $399,000 -- $226 / 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 $11,500 $193,400 $100,200 $93,200
2024 $11,059 $193,400 $100,200 $93,200
2022 $10,935 $193,400 $100,200 $93,200
2021 $10,923 $193,400 $100,200 $93,200
2020 $10,875 $193,400 $100,200 $93,200
2019 $10,664 $193,400 $100,200 $93,200
2018 $10,569 $193,400 $100,200 $93,200
2017 $10,473 $193,400 $100,200 $93,200
2016 $10,326 $193,400 $100,200 $93,200
2015 $10,202 $193,400 $100,200 $93,200
2014 $9,914 $193,400 $100,200 $93,200
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    NESMET BADAWI

    EXP REALTY, LLC

  • D

    Buyer's Agent in 2021

    DOMINIC IANNARELLA

    THE DIAMOND AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3726777

Garden State MLS

APN: 14-01310-0000-00019

New Jersey Passaic County Wayne 07470

48 Lake Trail E, Wayne, NJ

Not Listed for Sale

Detached

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