NOT LISTED FOR SALE

58 Chestnut Dr Wayne, NJ 07470

Estimated Value: $702,105 - $751,000

3 Beds
2 Baths
1,632 Sq Ft
$450/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $455,000 $279 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,061/month

26 Days on Market

Highlights

  • Custom Home
  • Deck
  • Den
  • Packanack Elementary School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of October 2019

Welcome to Packanack Lake! This Tastefully Updated 3 Bedroom, 2 Full Bath Home Is The One You Have Been Waiting For! This Truly Is A Turn Key Home With All Of The Modern Finishes. The Large Open Floor Plan Allows For Perfect Sight Lines. Cozy Up In Front Of Your Fireplace, Or Enjoy Some Time In Your Large Family Room. The Bathrooms Are Fit For Royalty. The Second Floor Consists Of 3 Bedrooms & A Full Bathroom. All Rooms Have Generous Sized Closets. Full Finished Basement Allows For Additional Space. Enjoy Entertaining On Your Brand New Deck. Enjoy Boating,Swimming, Tennis, Golf, Baseball Fields and more. The Beautiful Lake Makes For Great Scenery and Views. Close To Train and Bus/Train Station's to NY . Easy access to major highways and Shopping

Last Agent to Sell the Property

George Iacobelli

REALTY EXECUTIVES EXCEPTIONAL Listed on: 08/16/2019

REALTY EXECUTIVES EXCEPTIONAL

Last Buyer's Agent

Vito Contuzzi

CENTURY 21 THE CROSSING

CENTURY 21 THE CROSSING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,432

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2514-01732-0000-00026-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,432

Year Built

Built in 1940 | Remodeled

Lot Details

0

HOA Fees

$36 per month

Parking

1

Listing Details

  • Style: Cape Cod, Custom Home
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate, Renovated
  • County Name: Passaic
  • Renovated Year: 2019
  • Street Number Display: 58
  • Directions: Ratzer Road To Chestnut Drive
  • I D: 4923562
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: Packanack Lake
  • First Name: GEORGE
  • First Name3: VITO
  • Last Name: IACOBELLI
  • Last Name3: CONTUZZI
  • Office Phone: 973-696-8800
  • Office Phone3: 973-227-7000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Dishwasher, Sump Pump
  • Interior Amenities: Walk-In Closet, StallTub, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 10
  • Bedrooms: 3
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Laundry Room, Den
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: Basement
  • Family Room Level: First
  • Kitchen Area: Center Island
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Level: Basement
  • Other Room2 Level: First
  • Level 1 Rooms: LivDinRm, Porch, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath(s) Other
  • Phone: 973-696-6660

Exterior Features

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

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, 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

  • Association Maintenance Fee: 430
  • Association Maintenance Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size: .143 AC
  • Assessed Improvement Value: 84500
  • Assessed Land Value: 106400
  • Assessment: 190900
  • Easement: Unknown
  • Lot Identifier: 26
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14

Rental Info

  • Application Fee: 1200
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10432
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01732-0000-00026-0000-
  • Tax Rate Amount: 5.465
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: PACKANACK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Oct 4, 2019
Sold by
Dimitrovski Nikolce
Bought by
Lagala Shaun and Lagala Sarah
Seller's Agent
George Iacobelli
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
Vito Contuzzi
CENTURY 21 THE CROSSING
List Price
$450,813
Sold Price
$455,000
Premium/Discount to List
$4,187
0.93%
Current Estimated Value
$734,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,276
Avg. Annual Appreciation
8.43%
Original Mortgage
$432,250
Outstanding Balance
$379,507
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$354,769

Purchase Details

Listed on
Aug 27, 2018
Closed on
Oct 16, 2018
Sold by
Wells Fargo Bank Na
Bought by
Dimitrovski Nikolce
Seller's Agent
Barbara Pagella
COLDWELL BANKER REALTY
Buyer's Agent
George Iacobelli
REALTY EXECUTIVES EXCEPTIONAL
List Price
$285,000
Sold Price
$247,000
Premium/Discount to List
-$38,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.47%
Original Mortgage
$190,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2017
Sold by
Weiner Ronald and Weiner Linda
Bought by
Wells Fargo Bank Na and Riverview Mortgage Loan Trust 2007 2
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
Lagala Shaun $455,000 Heritage Abstract Company
Dimitrovski Nikolce $247,000 First Title & Escrow Inc
Wells Fargo Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagala Shaun $432,250
Previous Owner Dimitrovski Nikolce $190,000
Previous Owner Weiner Ronald $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $455,000 +0.9% $279 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $450,813 +82.5% $276 / Sq Ft
11/30/2018 11/30/18 Sold $247,000 -13.3% $151 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $285,000 -- $175 / 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 $12,665 $213,000 $106,400 $106,600
2024 $12,179 $213,000 $106,400 $106,600
2022 $12,043 $213,000 $106,400 $106,600
2021 $12,030 $213,000 $106,400 $106,600
2020 $10,734 $190,900 $106,400 $84,500
2019 $10,526 $190,900 $106,400 $84,500
2018 $10,433 $190,900 $106,400 $84,500
2017 $10,337 $190,900 $106,400 $84,500
2016 $10,192 $190,900 $106,400 $84,500
2015 $10,070 $190,900 $106,400 $84,500
2014 $9,786 $190,900 $106,400 $84,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3581008

Garden State MLS

APN: 14-01732-0000-00026