NOT LISTED FOR SALE

8 Pine Terrace Wayne, NJ 07470

Estimated Value: $589,000 - $942,000

2 Beds
2 Baths
1,400 Sq Ft
$516/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $225,000 $161 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $4,737/month

56 Days on Market

Highlights

  • Lake Privileges
  • Clubhouse
  • Cathedral Ceiling
  • Packanack Elementary School Rated A-
  • Ranch Style House
  • Jogging Path

About This Home

As of August 2017

Here is an opportunity to own in Packanack Lake! Cottage with an open floor plan that includes a huge family room with cathedral ceilings and skylights. Living room is open to the kitchen and features a gorgeous stone fireplace. This is a chance to take a diamond in the rough and create your dream home! Back yard is fenced and has tiered gardens and 2 sheds. Enjoy all that Packanack has to offer, along with the convenience of living close to shopping, transportation and highways.

Last Agent to Sell the Property

Michele DeStefano

EXP REALTY, LLC Listed on: 06/02/2017

EXP REALTY, LLC

Last Buyer's Agent

Eugene Lowe

HOWARD HANNA RAND REALTY

HOWARD HANNA RAND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,188

Year Built

  • Built in 1935

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Family Room
  • Living Room with Fireplace
  • Laminate Flooring
  • Crawl Space
  • Gas Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake Privileges
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2514-01326-0000-00046-0000-
  • Tax Block *

Community Details

Recreation

  • Jogging Path

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,188

Year Built

Built in 1935

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1935
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 8
  • Directions: Alps to Osborne to Pine
  • I D: 4719720
  • Modified: 2021-09-23
  • Number Images: 15
  • Section Subdiv Development: Packanack Lake
  • First Name: MICHELE
  • First Name3: EUGENE
  • Last Name: DESTEFANO
  • Last Name3: LOWE
  • Office Phone: 201-891-0402
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas
  • Interior Amenities: Skylight, Cathedral Ceiling
  • Number Rooms: 6
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Crawl Space
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Not Eat-In Kitchen
  • Living Room Level: First
  • Other Room 1: Foyer
  • Level 1 Rooms: Laundry Room, 2 Bedrooms, Living Room, Bath Main, Bath(s) Other, Family Room, Kitchen
  • Phone: 201-891-0402

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Storage Shed, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Lake Privileges
  • Association Maintenance Fee: 430
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: One Time

Lot Info

  • Lot Size: .143 AC
  • Assessed Improvement Value: 75700
  • Assessed Land Value: 96400
  • Assessment: 172100
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 46
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14

Rental Info

  • Application Fee: 1200

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9188
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01326-0000-00046-0000-
  • Tax Rate Amount: 5.339
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2017
Closed on
Aug 31, 2017
Sold by
U S Bank National Association
Bought by
Landstrom Ronald H and Landstrom Laurie
Seller's Agent
Michele DeStefano
EXP REALTY, LLC
Buyer's Agent
Eugene Lowe
HOWARD HANNA RAND REALTY
List Price
$189,900
Sold Price
$225,000
Premium/Discount to List
$35,100
18.48%
Current Estimated Value
$722,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,252
Avg. Annual Appreciation
15.61%
Original Mortgage
$220,924
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2016
Sold by
Schulte Elizabeth M
Bought by
Specialized Loan Servicing Llc

Purchase Details

Closed on
Nov 29, 2007
Sold by
Delph David J and Delph Madelyn
Bought by
Schulte Elizabeth M

Purchase Details

Closed on
Aug 4, 1993
Sold by
Barwick Robert and Barwick Kimberly
Bought by
Delph Daivd and Delph Madelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.21%
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
Landstrom Ronald H $225,000 Anthony Wayne Title Agcy Llc
Specialized Loan Servicing Llc -- None Available
Schulte Elizabeth M $360,000 --
Delph Daivd $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landstrom Ronald H $255,000
Closed Landstrom Ronald H $220,924
Previous Owner Schulte Elizabeth M $353,617
Previous Owner Delph Daivd $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $225,000 +18.5% $161 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $189,900 -- $136 / 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 $10,233 $172,100 $96,400 $75,700
2024 $9,841 $172,100 $96,400 $75,700
2022 $9,731 $172,100 $96,400 $75,700
2021 $9,720 $172,100 $96,400 $75,700
2020 $9,677 $172,100 $96,400 $75,700
2019 $9,490 $172,100 $96,400 $75,700
2018 $9,405 $172,100 $96,400 $75,700
2017 $9,319 $172,100 $96,400 $75,700
2016 $9,188 $172,100 $96,400 $75,700
2015 $9,078 $172,100 $96,400 $75,700
2014 $8,822 $172,100 $96,400 $75,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3393213

Garden State MLS

APN: 14-01326-0000-00046