NOT LISTED FOR SALE

1514 Ratzer Rd Wayne, NJ 07470

Estimated Value: $816,000 - $864,000

5 Beds
3 Baths
2,430 Sq Ft
$347/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $535,000 $220 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,887/month

62 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Eat-In Kitchen
  • John F. Kennedy Elementary School Rated A-
  • 1 Car Detached Garage
  • Living Room

About This Home

As of November 2020

Move right into this 2 full stories of living setup cape, with over an acre of flat land in the middle of Wayne! First level of the home includes 3 spacious bedrooms, 2 full bathrooms, large living room with beautiful wood trimmings and fully functioning wood burning fireplace, and a full size eat in kitchen. Second level of the home provides another 2 bedrooms, a full bathroom, a family room/ den area, and an additional eat in kitchen. Oversized finished garage offers lots of extra space for storage or many other uses. Backyard provides tons of usable flat land that is perfect for entertaining or recreation! This home has 3 separate utilities, one for each level of the home, and the garage.

Last Agent to Sell the Property

MATTHEW GEVIRTZ

EXP REALTY, LLC Listed on: 09/22/2020

Co-Listed By

Eugene Lowe

HOWARD HANNA RAND REALTY

Last Buyer's Agent

MAHMOUD IJBARA

GILD REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,281

Year Built

  • Built in 1960

Lot Details

  • 1.15 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Living Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units
  • Underground Utilities
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2514-02103-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,281

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod, Colonial
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 1514
  • Directions: Valley Rd to Ratzer Rd
  • I D: 5018600
  • Modified: 2021-12-01
  • Number Images: 25
  • First Name: MATTHEW
  • First Name2: GENE
  • First Name3: MAHMOUD
  • Last Name: GEVIRTZ
  • Last Name2: LOWE
  • Last Name3: IJBARA
  • Office Phone: 9736946500
  • Office Phone2: 973-694-6500
  • Office Phone3: 973-594-4305
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Range/Oven-Gas, Refrigerator
  • Number Rooms: 9
  • Bedrooms: 5
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Second
  • Other Room 2: Bathroom
  • Other Room2 Level: First
  • Other Room 3: Bathroom
  • Other Room3 Level: Second
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other, Kitchen
  • Ground Level Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Kitchen, Laundry Room, Living Room
  • Phone: 973-694-6500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Central Air, Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Septic
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 1.153 AC
  • Assessed Improvement Value: 129500
  • Assessed Land Value: 129500
  • Assessment: 259000
  • Easement: Unknown
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.15

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14281
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-02103-0000-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.514
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Mahmoud Ehab F and Mahmoud Diya
Bought by
1514 Ratzer Rd Llc
Current Estimated Value
$842,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$249,106
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$559,793

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 24, 2020
Sold by
Rizzo Domenica L and Damelio Louis
Bought by
Diya Mahmoud and Mahmoud Ehab F
Seller's Agent
MATTHEW GEVIRTZ
EXP REALTY, LLC
Buyer's Agent
MAHMOUD IJBARA
GILD REALTY
List Price
$585,000
Sold Price
$535,000
Premium/Discount to List
-$50,000
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
Original Mortgage
$481,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2003
Sold by
Weinmann Roland
Bought by
Damelio Louis and Damelio Theresa
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1514 Ratzer Rd Llc -- Stewart Title
Diya Mahmoud $535,000 Rally Point Title
Damelio Louis $360,000 --
Weinmann Roland $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1514 Ratzer Rd Llc $250,000
Previous Owner Diya Mahmoud $481,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $535,000 -8.5% $220 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $585,000 -- $241 / 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
2024 $14,810 $259,000 $129,500 $129,500
2022 $14,644 $259,000 $129,500 $129,500
2021 $14,628 $259,000 $129,500 $129,500
2020 $14,564 $259,000 $129,500 $129,500
2019 $14,281 $259,000 $129,500 $129,500
2018 $14,154 $259,000 $129,500 $129,500
2017 $14,025 $259,000 $129,500 $129,500
2016 $13,828 $259,000 $129,500 $129,500
2015 $13,662 $259,000 $129,500 $129,500
2014 $13,276 $259,000 $129,500 $129,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3666033

Garden State MLS

APN: 14-02103-0000-00001