Check Availability

224 Butternut Drive

224 Butternut Drive, Wayne, NJ 07470
Property in Passaic
Sold Aug 16, 2017
$365,500
$100,000 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2047
Sold Jun 05, 2002
$359,900
$287,920 by Morgan Stanley Dean Witter
Mortgage
Local assessors in Wayne, NJ have categorized 224 Butternut Drive as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 3,441 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a prefab, modular style. If we look only at the heated or air conditioned part of the building, then 224 Butternut Drive has a total of 1,777 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 224 Butternut Drive was last sold in Jul 21, 2017 for $365,500. According to our calculations, that's $205.68 per sqft. Prior to that sales transaction, the property was sold for $359,900 in May 21, 2002. Current property owners are expected to pay $11,709 in taxes per year. The property on 224 Butternut Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $207,100. To break that down further, the land itself was valued at $75,000. While improvements to the property were assessed at a total of $132,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Building Style: Prefab, Modular
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,441
  • Total Building Area: 1,777
  • Building Area: 1,777
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,777
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.079
  • Standard Land Use Code: Modular/pre-fabricated homes

Ownership

  • Current Owner : BIRD CYNTHIA J
  • Previous Owner : CORBO MICHAEL J
  • Previous Owner 2: CORBO SUZANNE
  • Owner Before Previous Owner: BLANDINA GERARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township School District
  • Census Tract: 246002

Zoning

  • Zoning: R-B

Geography

  • District: 14
  • Parcel: 14 04600-0000-00071
  • Block: 4600
  • Lot: 71
  • Municipality: WAYNE TWP
  • Latitude: 40.9918
  • Longitude: -74.2507

    Address

  • Full Address: 224 Butternut Dr
  • Address - House Number: 224
  • Address - Street Name: Butternut
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Wayne
  • Carrier Code: C065
  • 4-Digit Zip Code: 4954
  • Zip Code: 07470

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,709

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 68
  • Final Value: 550,885
  • High Value: 677,269
  • Low Value: 424,500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 16, 2017
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Sep 01, 2047

    Market Valuation

  • Market Total Value: $207,100
  • Market Land Value: $75,000
  • Market Improvement Value: $132,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $207,100
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $132,100

    Sales

  • Current Sale Contract Date: Jul 21, 2017
  • Current Sale Recording Date: Aug 16, 2017
  • Current Sale Transaction ID: 1733091441
  • Current Sale Price: $365,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017039055
  • Previous Sale Recording Date: Jun 05, 2002
  • Previous Sale Contract Date: May 21, 2002
  • Previous Sale Amount: $359,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Aug 16, 2017
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: MORGAN STANLEY DEAN WITTER
  • Previous Mortgage Transaction Date: Jun 05, 2002
  • Previous Mortgage Loan Amount: $287,920
  • Previous Mortgage Term: 360

About Passaic



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 104 Hemlock Road, Pompton Lakes, NJ, 07442

$5,500 /mo

  • 4 Beds
  • 2 Baths
104 Hemlock Road, Pompton Lakes, NJ, 07442 Listing by RHP Realty New Jersey
Unit for rent at 552 Pines Lake Dr, Wayne Twp., NJ, 07470

$4,900 /mo

  • 4 Beds
  • 2 Baths
552 Pines Lake Dr, Wayne Twp., NJ, 07470 Listing by MARY ANN WIESELTIER

Frequently Asked Questions

What neighborhood is 224 Butternut Drive located in?
The 224 Butternut Drive is a located in the neighborhood of Passaic in Passaic, Wayne.
What is the average sales price for listings in 224 Butternut Drive?
The average sales price for units in 224 Butternut Drive is $0 currently.

Quantcast