NOT LISTED FOR SALE

58 Elmwood Terrace Wayne, NJ 07470

Packanack Lake Neighborhood

Estimated Value: $710,000 - $928,000

3 Beds
4 Baths
1,947 Sq Ft
$416/Sq Ft Est. Value

Last Sold August 27, 2014

Last sale price $484,500 $249 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,627/month

About This Home

As of August 2014

This home is located at 58 Elmwood Terrace, Wayne, NJ 07470 since 27 August 2014 and is currently estimated at $809,244, approximately $415 per square foot. This property was built in 1958. 58 Elmwood 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 Buyer's Agent

Sandra Gros

RE/MAX NEIGHBORHOOD PROPERTIES

RE/MAX NEIGHBORHOOD PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,226

Year Built

  • Built in 1958

Lot Details

  • 0.29 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,226

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • County Name: Passaic
  • Street Number Display: 58
  • I D: 4447116
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-694-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .287 AC
  • Total Acres: 0.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2014
Closed on
Aug 20, 2014
Sold by
Grossman Matthew and Grossman Deanne
Bought by
Gustad David and Gustad Laura
Buyer's Agent
Sandra Gros
RE/MAX NEIGHBORHOOD PROPERTIES
Sold Price
$484,500
Current Estimated Value
$826,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,991
Avg. Annual Appreciation
3.80%
Original Mortgage
$387,600
Outstanding Balance
$304,117
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$424,973

Purchase Details

Closed on
Jan 22, 2010
Sold by
Us Bank Na
Bought by
Grossman Matthew and Finley Deanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2009
Sold by
Passaic County Sheriff and Tabares Freddie
Bought by
Us Bank Na

Purchase Details

Closed on
Jun 22, 2006
Sold by
Nunez Alfonso D
Bought by
Tabares Freddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 30, 2001
Sold by
Wade Vincent
Bought by
Islam Mohammad and Islam Syeida
Source: Public Records

Range of Values:

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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
Gustad David $484,500 Alta
Grossman Matthew $435,000 --
Us Bank Na $351,600 --
Tabares Freddie $600,000 --
Islam Mohammad $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustad David $387,600
Previous Owner Grossman Matthew $335,000
Previous Owner Grossman Matthew $350,000
Previous Owner Grossman Matthew $348,000
Previous Owner Tabares Freddie $25,185
Previous Owner Tabares Freddie $480,000
Previous Owner Nunez Alfdnso D $200,000
Previous Owner Wade Vincent J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2014 08/27/14 Sold $484,500 -- $249 / 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 $13,226 $231,300 $100,300 $131,000
2022 $13,078 $231,300 $100,300 $131,000
2021 $13,064 $231,300 $100,300 $131,000
2020 $13,006 $231,300 $100,300 $131,000
2019 $12,754 $231,300 $100,300 $131,000
2018 $12,641 $231,300 $100,300 $131,000
2017 $12,525 $231,300 $100,300 $131,000
2016 $12,349 $231,300 $100,300 $131,000
2015 $12,201 $231,300 $100,300 $131,000
2014 $11,856 $231,300 $100,300 $131,000
Source: Public Records

Agents Affiliated with this Home

  • Sandra Gros

    Buyer's Agent in 2014

    Sandra Gros

    RE/MAX

    (201) 320-4643

    27 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3140731

Garden State MLS

APN: 14-01705-0000-00029

New Jersey Passaic County Wayne 07470 Packanack Lake

58 Elmwood Terrace, Wayne, NJ

This home is located at 58 Elmwood Terrace, Wayne, NJ 07470 since 27 August 2014 and is currently estimated at $809,244, approximately $415 per square foot. This property was built in 1958. 58 Elmwood 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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