NOT LISTED FOR SALE

55 Teak Rd Wayne, NJ 07470

Estimated Value: $920,639 - $1,052,000

5 Beds
2.5 Baths
2,869 Sq Ft
$339/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $590,000 $206 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,770/month

18 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Formal Dining Room
  • Lafayette Elementary School Rated A-
  • Tennis Courts
  • Cul-De-Sac

About This Home

As of May 2021

A great contemporary spacious ranch in a park like picturesque landscaped setting, Located in cul-de-sac quite neighborhood. Conveniently located near schools, transportation restaurant and place of worship. Features 5 Bedrooms,2 full baths, 1 Half Bath, Large Entry Foyer, bright Great Room with vaulted ceiling, wide windows and skylight ,Kitchen W/Sliders to balcony, large FDR , Large Master bed room Suites With Dressing space, Private bath/Jacuzzi and Walk-in Closets, 5th bedroom is isolated with door to backyard large deck(28' X 16') and ideal for office room. 2 Car oversized Garage connected to a large 8-car driveway.

Last Agent to Sell the Property

Ralph Harvey

LIST WITH FREEDOM.COM Listed on: 03/30/2021

Last Buyer's Agent

Kevin Kelly

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,224

Year Built

  • Built in 1987

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Ranch Style House
  • Composition Shingle Roof
  • Wood Siding
  • Tile

Interior Spaces

  • 2,869 Sq Ft Home
  • Skylights
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Unfinished Basement

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Tennis Courts

Listing and Financial Details

  • Assessor Parcel Number 2514-01904-0000-00163-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,224

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1987
  • Year Built Description: Standing
  • County Name: Passaic
  • Directions: From Valley to Preakness to Teak Road.
  • I D: 5059213
  • First Name: RALPH M.
  • First Name3: KEVIN
  • Last Name: HARVEY
  • Last Name3: KELLY
  • Office Phone: 855-456-4945
  • Office Phone3: 973-226-2577
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Skylight, Walk-In Closet
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen, Pantry
  • Kitchen Dim: 14x14
  • Kitchen Level: First
  • Living Room Dim: 18x17
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 11x12
  • Other Room1 Level: First
  • Other Room 2: Utility Room
  • Other Room2 Dim: 11x10
  • Other Room2 Level: Basement
  • Other Room 4: Attic
  • Level 1 Rooms: 4 Or More Bedrooms, Dining Room, Kitchen, Living Room
  • Estimated Sq Ft: 2869
  • Phone: 855-456-4945

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Patio
  • Roof Description: Composition Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Tennis Courts

Lot Info

  • Lot Size: .432 AC
  • Lot Description: Cul-De-Sac
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.43

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: 18224
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01904-0000-00163-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.623
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 25, 2021
Sold by
Dasgupta Kiran and Dasgupta Monika
Bought by
Clare Jasmine and Minott Kevin
Seller's Agent
Ralph Harvey
LIST WITH FREEDOM.COM
Buyer's Agent
Kevin Kelly
COLDWELL BANKER REALTY
List Price
$590,000
Sold Price
$590,000
Current Estimated Value
$972,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,910
Avg. Annual Appreciation
11.30%
Original Mortgage
$560,000
Outstanding Balance
$505,905
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$467,005

Purchase Details

Closed on
Oct 21, 1999
Sold by
Soldatovic Louis and Soldatovic Dusica
Bought by
Dasgupta Kiran and Dasgupta Monika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clare Jasmine $590,000 Acres Land Title Agency Inc
Dasgupta Kiran $410,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clare Jasmine $560,000
Previous Owner Dasgupta Kiran $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $590,000 0.0% $206 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $590,000 -- $206 / 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 $19,271 $324,100 $130,500 $193,600
2024 $18,532 $324,100 $130,500 $193,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3701390

Garden State MLS

APN: 14-01904-0000-00163