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58 Wellington Drive

58 Wellington Drive, Wayne, NJ 07470
Property in Passaic
Sold Jul 07, 2016
$547,500
$417,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2046
Sold Aug 15, 1994
$260,000
$150,000 by Lancaster Financial
Mortgage
Local assessors in Wayne, NJ have categorized 58 Wellington Drive as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 21,214 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. If we look only at the heated or air conditioned part of the building, then 58 Wellington Drive has a total of 2,012 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, 58 Wellington Drive sold most recently in Jun 24, 2016 for a total of $547,500. If you work out the math, that's approximately a cost of $272.12 per sqft. Before that, the property was also sold for $260,000 in Jul 12, 1994. 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 $16,838 in taxes each year. 58 Wellington Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $297,800. If we break it down further, the land itself was valued at $151,600. Improvements to the property, however, were assessed at a total of $146,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 0
  • Building Style: Split level
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,214
  • Total Building Area: 2,012
  • Building Area: 2,012
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,012
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.487
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KLOO MATTHEW
  • Current Owner 2: KLOO TRACY
  • Previous Owner : SCHULMAN ROBERT
  • Previous Owner 2: SCHULMAN JOANNE
  • Owner Before Previous Owner: MANN THOMAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township School District
  • Census Tract: 246201

Geography

  • District: 14
  • Parcel: 14 02326-0000-00027
  • Block: 2326
  • Lot: 27
  • Municipality: WAYNE TWP
  • Latitude: 40.9529
  • Longitude: -74.2576

    Address

  • Full Address: 58 Wellington Dr
  • Address - House Number: 58
  • Address - Street Name: Wellington
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Wayne
  • Carrier Code: C028
  • 4-Digit Zip Code: 4192
  • Zip Code: 07470

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,838

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 762,177
  • High Value: 909,574
  • Low Value: 614,780

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 07, 2016
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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: Jul 01, 2046

    Market Valuation

  • Market Total Value: $297,800
  • Market Land Value: $151,600
  • Market Improvement Value: $146,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $297,800
  • Assessed Land Value: $151,600
  • Assessed Improvements Value: $146,200

    Sales

  • Current Sale Contract Date: Jun 24, 2016
  • Current Sale Recording Date: Jul 07, 2016
  • Current Sale Transaction ID: 1677789932
  • Current Sale Price: $547,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016030341
  • Previous Sale Recording Date: Aug 15, 1994
  • Previous Sale Contract Date: Jul 12, 1994
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 07, 2016
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: LANCASTER FINANCIAL
  • Previous Mortgage Transaction Date: Aug 15, 1994
  • Previous Mortgage Loan Amount: $150,000

About Passaic



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Frequently Asked Questions

What neighborhood is 58 Wellington Drive located in?
The 58 Wellington Drive is a located in the neighborhood of Passaic in Passaic, Wayne.
What is the average sales price for listings in 58 Wellington Drive?
The average sales price for units in 58 Wellington Drive is $0 currently.

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