NOT LISTED FOR SALE

8 Michael Dr Wayne, NJ 07470

Estimated Value: $687,000 - $755,000

3 Beds
3 Baths
1,553 Sq Ft
$463/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $630,000 $406 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,912/month

131 Days on Market

About This Home

As of March 2024

This home is located at 8 Michael Dr, Wayne, NJ 07470 since 19 October 2023 and is currently estimated at $719,346, approximately $463 per square foot. 8 Michael Dr is a home located in Passaic County with nearby schools including James Fallon Elementary School, Anthony Wayne Middle School, and Wayne Hills High School.

Last Agent to Sell the Property

SYLVIA ESKANDER

COLDWELL BANKER REALTY RDG Brokerage Phone: 201-592-8900 Listed on: 10/19/2023

COLDWELL BANKER REALTY RDG

Last Buyer's Agent

Zohar Zamir

KELLER WILLIAMS VILLAGE SQUARE

KELLER WILLIAMS VILLAGE SQUARE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,071

Lot Details

  • 0.37 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,071

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 8
  • I D: 5251317
  • Modified: 2025-03-29
  • Number Images: 1
  • Attribution Contact: 201-592-8900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .369 AC
  • Total Acres: 0.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Apr 1, 2024
Sold by
Safar Hanaa
Bought by
Boodhoo Dorelle
Seller's Agent
SYLVIA ESKANDER
COLDWELL BANKER REALTY RDG
Buyer's Agent
Zohar Zamir
KELLER WILLIAMS VILLAGE SQUARE
List Price
$649,000
Sold Price
$630,000
Premium/Discount to List
-$19,000
-2.93%
Views
565
Current Estimated Value
$698,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,321
Avg. Annual Appreciation
10.09%
Original Mortgage
$511,200
Outstanding Balance
$504,059
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$215,287

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 1, 2021
Sold by
Gwanyoung Park
Bought by
Safar Hanaa
Seller's Agent
Woo Young Park
Top Realty
Buyer's Agent
SYLVIA ESKANDER
Coldwell Banker, Ridgewood
List Price
$499,000
Sold Price
$530,000
Premium/Discount to List
$31,000
6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$485,347
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2004
Sold by
Cacciarelli Robert
Bought by
Gwanyoung Park

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
6.33%

Purchase Details

Closed on
Nov 30, 2001
Sold by
Overdoft Virginia
Bought by
Cacciarelli Robert and Cacciarelli Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.84%
Source: Public Records

Range of Values:

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ICE

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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
Boodhoo Dorelle $639,000 Carnegie Title
Safar Hanaa $530,000 Old Republic Title
Gwanyoung Park $439,000 --
Cacciarelli Robert $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boodhoo Dorelle $511,200
Previous Owner Safar Hanaa $43,294
Previous Owner Safar Hanaa $485,347
Previous Owner Park Gwanyoung $150,000
Previous Owner Gwanyoung Park $329,000
Previous Owner Cacciarelli Robert $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $630,000 -1.4% $406 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
01/21/2024 01/21/24 Price Changed $639,000 -1.5% $411 / Sq Ft
12/24/2023 12/24/23 Price Changed $649,000 0.0% $418 / Sq Ft
12/24/2023 12/24/23 For Sale $649,000 -1.5% $418 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
11/25/2023 11/25/23 Price Changed $659,000 -2.9% $424 / Sq Ft
11/02/2023 11/02/23 Price Changed $679,000 -2.9% $437 / Sq Ft
10/19/2023 10/19/23 For Sale $699,000 +31.9% $450 / Sq Ft
12/02/2021 12/02/21 Sold $530,000 +6.2% $341 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $499,000 -- $321 / 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 $13,071 $228,600 $122,100 $106,500
2022 $12,925 $228,600 $122,100 $106,500
2021 $12,911 $228,600 $122,100 $106,500
2020 $12,854 $228,600 $122,100 $106,500
2019 $12,605 $228,600 $122,100 $106,500
2018 $12,493 $228,600 $122,100 $106,500
2017 $12,379 $228,600 $122,100 $106,500
2016 $12,205 $228,600 $122,100 $106,500
2015 $12,059 $228,600 $122,100 $106,500
2014 $11,718 $228,600 $122,100 $106,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3870494

Garden State MLS

APN: 14-01815-0000-00002