NOT LISTED FOR SALE

5 Gates Place Wayne, NJ 07470

Estimated Value: $1,055,523 - $1,217,000

4 Beds
3.5 Baths
2,731 Sq Ft
$425/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $785,000 $287 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,740/month

22 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Wood Flooring
  • Albert P. Terhune Elementary School Rated A
  • Recreation Room
  • Jetted Tub in Primary Bathroom

About This Home

As of January 2016

WELCOME TO THIS BEAUTIFUL 4 BR COLONIAL HOME IN WAYNE. TUCKED AWAY & SITTING PRIVATELY ON A CUL DE SAC, THIS HOUSE IS SURE TO PLEASE. THE BACKYARD IS A SUMMER PARADISE WITH RESORT LIVING- MUST SEE! :) THE 1ST FLOOR FEATURES A 2 STORY ENTRANCE FOYER, FORMAL LIVING RM, DINING RM, A LARGE EAT IN KITCHEN FEATURING CENTER ISLAND/GRANITE COUNTERS/STAINLESS STEEL APPLIANCES, FAMILY RM W/ WOOD BURNING FIREPLACE, POWDER RM, LAUNDRY/MUDROOM, AND AN OFFICE (CURRENTLY USED AS A BAR). THE OPEN STAIRCASE TO THE 2ND FLOOR REVEALS A LARGE MASTER BEDROOM FEATURING 2 SPACIOUS CLOSETS AND THE MASTER BATHROOM. 3 ADDITIONAL BEDROOMS HAVE A DOUBLE CLOSET, AND A HALLWAY BATHROOM COMPLETES THIS FLOOR. THE FULL FINISHED BASEMENT FEATURES A HUGE REC AREA FOR LARGE GATHERINGS, SUMMER KITCHEN, FULL BATH, PLENTY OF STORAGE & UTILITY AREA

Last Agent to Sell the Property

JEFF VANDER MOLEN

TERRIE O'CONNOR REALTORS Listed on: 10/27/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,710

Year Built

  • Built in 1997

Lot Details

  • 0.65 Acre Lot
  • Flag Lot

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Multiple cooling system units
  • Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2514-03200-0000-00062-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,710

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1997
  • Year Built Description: Approximate
  • County Name: Passaic
  • Directions: PANCAKE HOLLOW ROAD TO BRANDYWINE DRIVE TO GATES PLACE
  • I D: 4578317
  • First Name: JEFF
  • First Name3: UNKNOWN
  • Last Name: VANDER MOLEN
  • Last Name3: AGENT
  • Office Phone: 2012902103
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: Utility Room, Bath(s) Other, Rec Room, Storage Room, Outside Entrance
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Level: Second
  • Other Room 4: Rec Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: Foyer, Office, Living Room, Family Room, Kitchen, Dining Room, Laundry Room, Powder Room
  • Level 2 Rooms: Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Phone: 201-891-0100

Exterior Features

  • Exterior Description: Vinyl Siding, Stone
  • Exterior Features: Patio
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: .649 AC
  • Easement: Unknown
  • Lot Description: Flag Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.65

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17710
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-03200-0000-00062-0000-
  • Tax Rate Amount: 5.126
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2015
Closed on
Jan 29, 2016
Sold by
Wakile Richard and Wakile Katherina
Bought by
Debonis Keith and Debonis Vasliki
Seller's Agent
JEFF VANDER MOLEN
TERRIE O'CONNOR REALTORS
List Price
$799,900
Sold Price
$785,000
Premium/Discount to List
-$14,900
-1.86%
Current Estimated Value
$1,160,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,841
Avg. Annual Appreciation
3.97%
Original Mortgage
$1,300,000
Interest Rate
2.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 5, 1995
Sold by
Waters Eedge Dev Co
Bought by
Wakile Richard and Wakile Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Debonis Keith $785,000 Westcor Land Title Insurance
Wakile Richard $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Debonis Keith $1,300,000
Closed Debonis Keith $588,750
Previous Owner Wakile Richard $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $785,000 -1.9% $287 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $799,900 -- $293 / Sq Ft
Source: Garden State MLS

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 $20,543 $345,500 $125,100 $220,400
2024 $19,756 $345,500 $125,100 $220,400
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3262755

Garden State MLS

APN: 14-03200-0000-00062