NOT LISTED FOR SALE

87 Lake Trail E Wayne, NJ 07470

Estimated Value: $675,000 - $701,000

3 Beds
2.5 Baths
1,544 Sq Ft
$446/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $467,000 $302 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,646/month

3 Days on Market

Highlights

  • Lake Privileges
  • Clubhouse
  • Wood Flooring
  • Randall Carter School Rated A-
  • Raised Ranch Architecture
  • Main Floor Bedroom

About This Home

As of March 2021

Wonderful one floor living ranch style home in the lovely Packanack Lake community. Amenities of this lake community includes golf, beaches, boating, walking paths and much more. This home offers an open concept feel. Dining room is open to a step-down spacious living room, large Anderson windows in both rooms allows for plenty of sunlight and beautiful views overlooking the adjacent protected woodlands. There is a front porch, finished basement, oversized 2 car garage as well as a 3 season room. Roof 2yrs old. AC 2 yrs old. A highlight of this home is the walk-up stairs leading to a large attic space with heating, plumbing and duct work in place ready for possible expansion.

Last Agent to Sell the Property

Claudia CeCe

REALTY ONE GROUP LEGEND Listed on: 02/13/2021

REALTY ONE GROUP LEGEND

Last Buyer's Agent

Samir Genid

REALTY ONE GROUP LEGEND

REALTY ONE GROUP LEGEND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,708

Year Built

  • Built in 1954

Lot Details

  • 10,019 Sq Ft Lot

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking

Home Design

  • Raised Ranch Architecture
  • Wood Shingle Roof

Interior Spaces

  • Wood Burning Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Utility Room
  • Laundry Room
  • Fire and Smoke Detector
  • Dishwasher
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Outdoor Features

  • Lake Privileges
  • Enclosed Patio or Porch

Schools

  • Packanack Elementary School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2514-01311-0000-00066-0000-
  • Tax Block *

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Jogging Path

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,708

Year Built

Built in 1954

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Style: Raised Ranch
  • Primary Style: Raised Ranch
  • Subproperty Type: Single Family
  • Year Built: 1954
  • Year Built Description: Unknown
  • County Name: Passaic
  • Street Number Display: 87
  • Directions: Osborne to Lake Tr E
  • I D: 5044816
  • Modified: 2022-03-30
  • Number Images: 18
  • Section Subdiv Development: Packanack Lake
  • First Name: CLAUDIA
  • First Name3: SAMIR
  • Last Name: CECE
  • Last Name3: GENID
  • Office Phone: 973-686-7777
  • Office Phone3: 973-686-7777
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: CookElec, Dishwasher, Refrigerator, OvnWElec
  • Interior Amenities: Smoke Detector, StallShw, StallTub, TubOnly
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full, Walkout
  • Dining Room Level: First
  • Den Level: Ground
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Florida/3Season
  • Other Room1 Level: First
  • Other Room 2: Bedroom/Office
  • Other Room2 Level: Ground
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Entrance Vestibule, Florida/3Season, Kitchen, Living Room, Porch
  • Level 2 Rooms: Attic
  • Ground Level Rooms: Den, GarEnter, Laundry Room, MudRoom, Office, Toilet, Utility Room, Walkout
  • Phone: 973-686-7777

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Enclosed Porch(es), Open Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop, Hard Surface

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Other Fee Freqency: Annually

Schools

  • Elementary School: PACKANACK

Lot Info

  • Lot Size: .229 AC
  • Assessed Improvement Value: 93300
  • Assessed Land Value: 100900
  • Assessment: 194200
  • Lot Description: Backs to Park Land
  • Lot Identifier: 66
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 10708
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01311-0000-00066-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.514
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: PACKANACK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 29, 2021
Sold by
Galardi Paul R and Galardi Kristen L
Bought by
Cargill Derrick J and Cargill Veronica
Seller's Agent
Claudia CeCe
REALTY ONE GROUP LEGEND
Buyer's Agent
Samir Genid
REALTY ONE GROUP LEGEND
List Price
$429,900
Sold Price
$467,000
Premium/Discount to List
$37,100
8.63%
Current Estimated Value
$688,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,070
Avg. Annual Appreciation
8.99%
Original Mortgage
$373,600
Outstanding Balance
$337,511
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$350,559

Purchase Details

Listed on
Mar 28, 2014
Closed on
Mar 28, 2014
Sold by
Fenn Doreen
Bought by
Galardi Paul R and Galardi Kristen L
Seller's Agent
FRED SPOELSTRA
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
Beverley Gaudio
COLDWELL BANKER REALTY
Sold Price
$356,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$285,200
Interest Rate
4.33%
Mortgage Type
New Conventional
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
Cargill Derrick J $467,000 Park Place Title Agency Llc
Galardi Paul R $356,500 Agent For Chicago Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cargill Derrick J $373,600
Previous Owner Galardi Paul R $285,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $467,000 +8.6% $302 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $429,900 +20.6% $278 / Sq Ft
03/28/2014 03/28/14 Sold $356,500 -- $231 / 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 $11,547 $194,200 $100,900 $93,300
2024 $11,104 $194,200 $100,900 $93,300
2022 $10,980 $194,200 $100,900 $93,300
2021 $10,968 $194,200 $100,900 $93,300
2020 $10,920 $194,200 $100,900 $93,300
2019 $10,708 $194,200 $100,900 $93,300
2018 $10,613 $194,200 $100,900 $93,300
2017 $10,516 $194,200 $100,900 $93,300
2016 $10,368 $194,200 $100,900 $93,300
2015 $10,244 $194,200 $100,900 $93,300
2014 $9,868 $192,500 $100,900 $91,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3692033

Garden State MLS

APN: 14-01311-0000-00066