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15 Edgemont Crescent

15 Edgemont Crescent, Wayne, NJ 07470
Property in Passaic
Sold Jul 22, 2021
$400,000
$320,000 by Us Mortgage Corp
Mortgage Due Jun 01, 2051
Sold Sep 28, 2006
$370,000
$296,000 by Countrywide Bank Fsb
Mortgage Due Sep 01, 2036
Local assessors in Wayne, NJ have categorized 15 Edgemont Crescent as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 15,987 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. If we look only at the heated or air conditioned part of the building, then 15 Edgemont Crescent has a total of 1,641 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 15 Edgemont Crescent sold most recently in May 26, 2021 for a total of $400,000. If you work out the math, that's approximately a cost of $243.75 per sqft. Before that, the property was also sold for $370,000 in Aug 31, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,521 in taxes each year. 15 Edgemont Crescent was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $150,700. If we break it down further, the land itself was valued at $69,600. Improvements to the property, however, were assessed at a total of $81,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Building Style: Cape Cod
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,987
  • Total Building Area: 1,641
  • Building Area: 1,641
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,641
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.367
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SOTO LOUIS R
  • Previous Owner : CHOI BO YOUNG
  • Previous Owner 2: CHUNG MIHEA
  • Owner Before Previous Owner: SORCE SALVATOR L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wayne Township School District
  • Census Tract: 246300

Zoning

  • Zoning: R-B

Geography

  • District: 14
  • Parcel: 14 00941-0000-00006
  • Block: 941
  • Lot: 6
  • Municipality: WAYNE TWP
  • Latitude: 40.9165
  • Longitude: -74.2677

    Address

  • Full Address: 15 Edgemont Cres
  • Address - House Number: 15
  • Address - Street Name: Edgemont
  • Address - Suffix Type: Cres
  • State: NJ
  • City Name: Wayne
  • Carrier Code: C043
  • 4-Digit Zip Code: 6604
  • Zip Code: 07470

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,521

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 74
  • Final Value: 481,790
  • High Value: 575,614
  • Low Value: 387,965

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: US MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 22, 2021
  • First Open Lien Mortgage Loan Amount: $320,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $150,700
  • Market Land Value: $69,600
  • Market Improvement Value: $81,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $150,700
  • Assessed Land Value: $69,600
  • Assessed Improvements Value: $81,100

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Transaction ID: 11846566910
  • Current Sale Price: $400,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021047682
  • Previous Sale Recording Date: Sep 28, 2006
  • Previous Sale Contract Date: Aug 31, 2006
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: US MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 22, 2021
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK FSB
  • Previous Mortgage Transaction Date: Sep 28, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $296,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2036

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Frequently Asked Questions

What neighborhood is 15 Edgemont Crescent located in?
The 15 Edgemont Crescent is a located in the neighborhood of Passaic in Passaic, Wayne.
What is the average sales price for listings in 15 Edgemont Crescent?
The average sales price for units in 15 Edgemont Crescent is $0 currently.

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