NOT LISTED FOR SALE

51 Forest Terrace Wayne, NJ 07470

Packanack Lake Neighborhood

Estimated Value: $678,000 - $717,000

4 Beds
2 Baths
1,480 Sq Ft
$472/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $375,000 $253 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,772/month

About This Home

As of October 2015

This home is located at 51 Forest Terrace, Wayne, NJ 07470 since 22 October 2015 and is currently estimated at $698,005, approximately $471 per square foot. This property was built in 1950. 51 Forest Terrace is a home located in Passaic County with nearby schools including Packanack Elementary School, George Washington Middle School, and Wayne Valley High School.

Last Agent to Sell the Property

JACK QIZHAN YAO

REALMART REALTY Brokerage Phone: 888-362-6543 Listed on: 10/22/2015

Last Buyer's Agent

INGRID PATOIS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,007

Year Built

  • Built in 1950

Lot Details

  • 9,365

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,007

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Passaic
  • Street Number Display: 51
  • I D: 4532986
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 888-362-6543
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .215 AC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
Barrientos Willibrord and Nipal Kimberly
Bought by
Barrientos Willibrord and Barrientos Kimberly
Current Estimated Value
$698,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Outstanding Balance
$286,892
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$334,146

Purchase Details

Listed on
Oct 22, 2015
Closed on
Oct 22, 2015
Sold by
Johnson Carl Douglas and Johnson Jennifer L
Bought by
Barrientos Willibrord and Nipal Kimberly
Seller's Agent
JACK QIZHAN YAO
REALMART REALTY
Buyer's Agent
INGRID PATOIS
WEICHERT REALTORS
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$345,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2007
Sold by
Armellino John and Armellino Kimberly
Bought by
Johnson Carl D and Johnson Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 29, 1998
Sold by
Kohles Guy and Kohles Lori
Bought by
Armellino John and Ridgeway Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.04%

Purchase Details

Closed on
Jan 31, 1995
Sold by
Brundage Stephen
Bought by
Kohles Guy and Kohles Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
9.19%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Barrientos Willibrord -- Guardian Title Services Llc
Barrientos Willibrord $375,000 Weichert Titl Agency
Johnson Carl D $475,000 --
Armellino John $240,000 --
Kohles Guy $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrientos Willibrord $308,000
Closed Barrientos Willibrord $345,000
Previous Owner Johnson Carl Douglas $316,300
Previous Owner Johnson Jennifer L $50,000
Previous Owner Johnson Carl D $350,000
Previous Owner Armellino John $25,000
Previous Owner Armellino John $145,000
Previous Owner Kohles Guy $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2015 10/22/15 Sold $375,000 -- $253 / 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
2024 $11,007 $192,500 $101,800 $90,700
2022 $10,884 $192,500 $101,800 $90,700
2021 $10,872 $192,500 $101,800 $90,700
2020 $10,824 $192,500 $101,800 $90,700
2019 $10,614 $192,500 $101,800 $90,700
2018 $10,520 $192,500 $101,800 $90,700
2017 $10,424 $192,500 $101,800 $90,700
2016 $10,278 $192,500 $101,800 $90,700
2015 $10,154 $192,500 $101,800 $90,700
2014 $9,868 $192,500 $101,800 $90,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    JACK QIZHAN YAO

    REALMART REALTY

  • I

    Buyer's Agent in 2015

    INGRID PATOIS

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3220340

Garden State MLS

APN: 14-01704-0000-00002

New Jersey Passaic County Wayne 07470 Packanack Lake

51 Forest Terrace, Wayne, NJ

This home is located at 51 Forest Terrace, Wayne, NJ 07470 since 22 October 2015 and is currently estimated at $698,005, approximately $471 per square foot. This property was built in 1950. 51 Forest Terrace is a home located in Passaic County with nearby schools including Packanack Elementary School, George Washington Middle School, and Wayne Valley High School.

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