NOT LISTED FOR SALE

75 Lake Trail E Wayne, NJ 07470

Estimated Value: $509,000 - $593,000

2 Beds
1.5 Baths
1,104 Sq Ft
$509/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $300,000 $272 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,747/month

22 Days on Market

Highlights

  • Lake Privileges
  • Clubhouse
  • High Ceiling
  • Randall Carter School Rated A-
  • Ranch Style House
  • Tennis Courts

About This Home

As of July 2017

Move right into this warm inviting ranch on a private street in desirable"Packanack Lake" Living rm,cathedral ceiling w/fireplace. Freshly painted.Potential for Expansion.Private level backyard One car attached garage. Walking distance to beach. Packanack lake offers; swimming, boating, fishing, tennis and golf. You'll love taking a scenic walk around the lake. Club house, post office, restaurant within the neighborhood. Close to major transportation, highways, and shopping! Great schools; Packanack Grammar School within the community. You are going to love coming home to this unique lifestyle!

Last Agent to Sell the Property

Mary Ann Wieseltier

WEICHERT REALTORS Listed on: 05/24/2017

WEICHERT REALTORS

Last Buyer's Agent

SALVATORE NICOSIA

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,275

Year Built

  • Built in 1938

Lot Details

  • 10,019

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Vertical Siding

Interior Spaces

  • High Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Utilities

  • Central Air
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Lake Privileges
  • 10,019 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2514-01311-0000-00062-0000-

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,275

Year Built

Built in 1938

Lot Details

0

HOA Fees

$36 per month

Parking

1

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1938
  • County Name: Passaic
  • Directions: Alps to Osborne to Terrace to Lake Trail East
  • I D: 4717050
  • Section Subdiv Development: Packanack Lake
  • First Name: MARY ANN
  • First Name3: SALVATORE
  • Last Name: WIESELTIER
  • Last Name3: NICOSIA
  • Office Phone: 973-696-6660
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Kitchen Exhaust Fan
  • Interior Amenities: High Ceilings
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished, Partial
  • Basement Level Rooms: Storage Room
  • Dining Room Level: First
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Bath(s) Other, 2 Bedrooms, Kitchen, Dining Room, Living Room, Bath Main
  • Phone: 973-696-6660

Exterior Features

  • Exterior Description: Vertical Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Kitchen Facilities, Tennis Courts, Lake Privileges
  • Association Maintenance Fee: 430
  • Association Maintenance Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size: .228 AC
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23

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: 8275
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01311-0000-00062-0000-
  • Tax Rate Amount: 5.339
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: PACKANACK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Jul 28, 2017
Sold by
Pathakji Nitin and Pathakji Neeta
Bought by
Poli Joseph and Poli Nicole
Seller's Agent
Mary Ann Wieseltier
WEICHERT REALTORS
Buyer's Agent
SALVATORE NICOSIA
WEICHERT REALTORS
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Current Estimated Value
$561,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,621
Avg. Annual Appreciation
7.74%
Original Mortgage
$304,385
Outstanding Balance
$253,585
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$308,036

Purchase Details

Closed on
Dec 20, 2004
Sold by
Simpson Gregory
Bought by
Pathakji Nitin and Pathakji Neeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Poli Joseph $310,000 Berkshire Abstract & Title A
Pathakji Nitin $324,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poli Joseph $304,385
Previous Owner Pathakji Nitin $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2017 07/31/17 Sold $300,000 +0.3% $272 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $299,000 -- $271 / 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 $9,216 $155,000 $100,800 $54,200
2024 $8,863 $155,000 $100,800 $54,200
2022 $8,764 $155,000 $100,800 $54,200
2021 $8,754 $155,000 $100,800 $54,200
2020 $8,716 $155,000 $100,800 $54,200
2019 $8,547 $155,000 $100,800 $54,200
2018 $8,471 $155,000 $100,800 $54,200
2017 $8,393 $155,000 $100,800 $54,200
2016 $8,275 $155,000 $100,800 $54,200
2015 $8,176 $155,000 $100,800 $54,200
2014 $7,945 $155,000 $100,800 $54,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3390662

Garden State MLS

APN: 14-01311-0000-00062