$2,225,000
SOLD MAR 7, 2025

205 Lotte Rd Ridgewood, NJ 07450

6 Beds
5.5 Baths
-- Sq Ft
0.54 Acres

Recently Sold

7% Below List Price

86 Days on Market

Highlights

  • Multiple Fireplaces
  • Corner Lot
  • Central Air
  • Ridgewood High School Rated A+
  • En-Suite Primary Bedroom

About This Home

As of March 2025

Gorgeous Center Hall Colonial in prestigious neighborhood of Ridgewood Entry Foyer & Family Room with cathedral ceilings leading into an opulent kitchen! Guest bedroom on first floor with full bathroom. Lavish Primary bedroom on 2nd floor boasts sitting room with fireplace & balcony. inclusive of many designer touches throughout this luxurious home. Minutes from the commuter train & a vibrant town center with fine dining & shopping. Don't miss this exceptional value on a premier location.

Last Agent to Sell the Property

Viveka Gunasekaran

Christie's International Real Estate Group-Franklin Lakes Listed on: 11/01/2024

Christie's International Real Estate Group-Franklin Lakes

Last Buyer's Agent

Christine Gubb

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,775

Lot Details

  • 0.54 Acre Lot
  • Corner Lot

Parking

  • 3 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Ridgewood High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00011 / 02707

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,775

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • View Type:Pond View: South
  • Co List Office Phone: 201-904-2085
  • MLS Status: Sold - Sold
  • Directions: Lincoln Ave to Lotte
  • Reso Fireplace Features: 2 Fireplaces, Gas
  • Year Built Details: 2010's
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Primary Bathroom: Yes
  • Basement Remarks: unfinished

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Construction Type: Cement Siding

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Zoned

Schools

  • High School: Ridgewood H.S.

Lot Info

  • Lot Size Sq Ft: 23566.0

Tax Info

  • Tax Annual Amount: 48775.0
  • Tax Block: 02707
  • Tax Lot: 00011

MLS Schools

  • High School Text: Ridgewood H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Mar 4, 2025
Sold by
Sharma Indu
Bought by
Joshi Kunal Chandrashekh and Joshi Bhavana Verma
Seller's Agent
Viveka Gunasekaran
Christie's International Real Estate Group-Franklin Lakes
Buyer's Agent
Christine Gubb
Keller Williams Village Square Realty
List Price
$2,399,999
Sold Price
$2,225,000
Premium/Discount to List
-$174,999
-7.29%
Views
145
Current Estimated Value
$2,184,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,186
Avg. Annual Appreciation
-4.68%
Original Mortgage
$1,780,000
Outstanding Balance
$1,776,697
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$408,117

Purchase Details

Closed on
Apr 8, 2020
Sold by
Sharma Suresh C
Bought by
Sharma Indu and Sharma Ashok

Purchase Details

Closed on
Jun 4, 2004
Sold by
Detroyer Anne B
Bought by
Sharma Suresh C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
6.3%

Purchase Details

Closed on
Jun 25, 1993
Sold by
Detroyer Anne B
Bought by
Detroyer Anne B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,225,000 Fidelity National Title
Deed $2,225,000 Fidelity National Title
Interfamily Deed Transfer -- Counsellors Title Agency Inc
Deed $739,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,780,000 New Conventional
Closed $1,780,000 New Conventional
Previous Owner $555,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $2,225,000 -3.2% --
01/26/2025 01/26/25 Pending -- -- --
01/10/2025 01/10/25 Price Changed $2,299,000 -4.2% --
11/01/2024 11/01/24 For Sale $2,399,999 -- --
Source: New Jersey 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 $47,671 $1,700,100 $537,300 $1,162,800
2023 $46,464 $1,700,100 $537,300 $1,162,800
2022 $46,464 $1,700,100 $537,300 $1,162,800
2021 $53,891 $1,990,100 $537,300 $1,452,800
2020 $52,479 $1,990,100 $537,300 $1,452,800
2019 $51,683 $1,990,100 $537,300 $1,452,800
2018 $29,985 $1,169,000 $537,300 $631,700
2017 $29,669 $1,169,000 $537,300 $631,700
2016 $28,944 $1,169,000 $537,300 $631,700
2015 $28,442 $1,169,000 $537,300 $631,700
2014 $27,881 $1,169,000 $537,300 $631,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24035188

New Jersey MLS

APN: 51-02707-0000-00011