NOT LISTED FOR SALE

53 Lake Trail E Wayne, NJ 07470

Estimated Value: $684,585 - $770,000

4 Beds
2 Baths
1,772 Sq Ft
$410/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $485,000 $274 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,887/month

15 Days on Market

Highlights

  • Lake Privileges
  • Cape Cod Architecture
  • Deck
  • Randall Carter School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of December 2020

Everything you have been waiting for in Packanack Lake~ Expanded & charming, open floor plan, large kitchen w/ island leading to dining room & amazing family room w/ stone fireplace & beautiful deck. Home Features: Great opportunity in desirable Packanack community. Wonderful layout: Formal living room, Large kitchen: new (10/2020) stainless appliances, center island & lots of cabinets, overlooking dining room & impressive family room w/ slider leading to newer maintenance free deck. Hardwood floors, recessed lighting, 1 car garage, newer windows, 2 full bathrooms, skylight, basement w/ storage. Enjoy Lake Life~ 2 beaches, swimming, sailing, community club house, sports & activities, golf & tennis available. Great location: minutes to lake, shopping, restaurants, NJ Transit Bus & Train & top rated schools.

Last Agent to Sell the Property

Karen Peters

COLDWELL BANKER REALTY Listed on: 10/08/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

ERIC HORN

NEST SEEKERS NEW JERSEY LLC

NEST SEEKERS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,741

Year Built

  • Built in 1952

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Gas Fireplace
  • Shades
  • Blinds
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Carbon Monoxide Detectors
  • Unfinished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges
  • Deck

Schools

  • R. Carter Elementary School
  • G. Washington Middle School
  • Wayne Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2514-01311-0000-00053-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,741

Year Built

Built in 1952

Lot Details

0

HOA Fees

$70 per month

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1952
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 53
  • Directions: Alps Rd to Osborne Terr to Lake Trail E
  • I D: 5022360
  • Modified: 2022-01-01
  • Number Images: 20
  • Section Subdiv Development: Packanack Lake
  • First Name: KAREN
  • First Name3: ERIC
  • Last Name: PETERS
  • Last Name3: HORN
  • Office Phone3: 303636
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Shades, StallShw, StallTub
  • Number Rooms: 8
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath(s) Other, Dining Room, Family Room, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Phone: 973-694-8000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Lake Privileges, Tennis Courts
  • Association Maintenance Fee: 835
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

Schools

  • Elementary School: R. CARTER
  • Middle School: G. WASHINGTON
  • High School: WAYNE VALLEY
  • High School: WAYNE VALLEY
  • Middle Jr High School: G. WASHINGTON

Lot Info

  • Lot Size: .115 AC
  • Assessed Improvement Value: 101200
  • Assessed Land Value: 93600
  • Assessment: 194800
  • Lot Description: Level Lot
  • Lot Identifier: 53
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10741
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01311-0000-00053-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.514
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: R. CARTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 30, 2020
Sold by
Decarlo Louis M and Decarlo Carolyn
Bought by
Bowman Ryan Aaron and Bowman Toni Marie
Seller's Agent
Karen Peters
COLDWELL BANKER REALTY
Buyer's Agent
ERIC HORN
NEST SEEKERS NEW JERSEY LLC
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Current Estimated Value
$726,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,646
Avg. Annual Appreciation
8.90%
Original Mortgage
$487,015
Outstanding Balance
$434,663
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$291,983

Purchase Details

Closed on
Dec 20, 2006
Sold by
Cartus Relocation Corp
Bought by
Decarlo Louis M and Cullen Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 27, 2006
Sold by
Irwin Robert J
Bought by
Cartus Relocation Corp

Purchase Details

Closed on
Dec 10, 1996
Sold by
Kreager Michael and Kreager Ann
Bought by
Irwin Robert and Irwin Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

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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
Bowman Ryan Aaron $496,000 Pinnacle Title Agency Inc
Bowman Ryan Aaron $496,000 Westcor Land Title
Decarlo Louis M $455,000 --
Cartus Relocation Corp $502,500 --
Irwin Robert $183,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Ryan Aaron $487,015
Closed Bowman Ryan Aaron $487,016
Previous Owner Decarlo Louis M $364,000
Previous Owner Irwin Robert $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $485,000 -2.8% $274 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $499,000 -- $282 / 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 $11,583 $194,800 $93,600 $101,200
2024 $11,139 $194,800 $93,600 $101,200
2022 $11,014 $194,800 $93,600 $101,200
2021 $11,002 $194,800 $93,600 $101,200
2020 $10,954 $194,800 $93,600 $101,200
2019 $10,741 $194,800 $93,600 $101,200
2018 $10,646 $194,800 $93,600 $101,200
2017 $10,548 $194,800 $93,600 $101,200
2016 $10,400 $194,800 $93,600 $101,200
2015 $10,276 $194,800 $93,600 $101,200
2014 $9,985 $194,800 $93,600 $101,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3670360

Garden State MLS

APN: 14-01311-0000-00053