NOT LISTED FOR SALE

265 Lotte Rd Ridgewood, NJ 07450

Estimated Value: $1,931,000 - $2,541,000

5 Beds
5.5 Baths
4,134 Sq Ft
$559/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $1,900,000 $460 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $15,077/month

7 Days on Market

Highlights

  • Heated In Ground Pool
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Ridgewood High School Rated A+
  • Central Air
  • Gas Fireplace

About This Home

As of July 2023

Welcome to 265 Lotte Road, an exquisite sanctuary nestled in the prestigious Country Club section of Ridgewood. This luxurious retreat offers 5 bedrooms with 5.5 bathrooms, blending elegance and comfort.Step inside and be captivated by the generous living spaces, designed for both relaxation and entertaining. The heart of the home is the chef's kitchen featuring top-of-the-line appliances with custom cabinetry, center island and dining area. Escape to your private retreat in the opulent master suite boasting a tranquil ambiance and spa-like ensuite bathroom, complete with jetted tub, a walk-in shower, and dual vanities. Stepping out to the lush backyard offers a world of tranquility, featuring a sprawling patio, a meticulously landscaped garden, and a sparkling heated pool. It's the perfect setting for outdoor dining, relaxation, and creating lifelong memories. Don't miss this extraordinary opportunity to own a slice of paradise in the sought-after vibrant community of Ridgewood.

Last Agent to Sell the Property

Robin Wittich Tarta

Prominent Properties Sotheby's International Realty-Ridgewood Listed on: 05/17/2023

Prominent Properties Sotheby's International Realty-Ridgewood

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

  • $32,456

Lot Details

  • 0.34 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Gas Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Schools

  • Orchard Elementary School
  • George Washington Middle School
  • Ridgewood High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 00017 / 02707

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,456

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-639-5555
  • Outside Inclusions: Full House Generator,Outdoor Furniture, DR Rug, 2ndRefrig, WindowTreatments
  • MLS Status: Sold - Sold
  • Directions: Lincoln Avenue to Lotte Road
  • Reso Fireplace Features: 1 Fireplace, Gas
  • Year Built Details: 1960's,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Finished Lower Level, Laundry, Storage

Exterior Features

  • Pool Features: Heated, In Ground, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: Dining Room Chandelier
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Schools

  • Elementary School: Orchard E.S.
  • High School: Ridgewood H.S.
  • Middle Or Junior School: George Washington
  • Elementary: Orchard E.S.

Lot Info

  • Lot Size Sq Ft: 14593.0

Tax Info

  • Tax Annual Amount: 32456.0
  • Tax Block: 02707
  • Tax Lot: 00017

MLS Schools

  • High School Text: Ridgewood H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jul 5, 2023
Sold by
Mahendroo Vikesh and Mahendroo Kiran
Bought by
Magill Family Trust and Magill
Seller's Agent
Robin Wittich Tarta
Prominent Properties Sotheby's International Realty-Ridgewood
Buyer's Agent
Christine Gubb
Keller Williams Village Square Realty
List Price
$1,798,000
Sold Price
$1,900,000
Premium/Discount to List
$102,000
5.67%
Views
24
Current Estimated Value
$2,311,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,259
Avg. Annual Appreciation
6.52%
Original Mortgage
$1,520,000
Outstanding Balance
$1,478,708
Interest Rate
5.85%
Mortgage Type
New Conventional
Estimated Equity
$707,302

Purchase Details

Closed on
Aug 11, 1992
Bought by
Mahendroo Vikesh and Mahendroo Kiran
Source: Public Records

Range of Values:

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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
Magill Family Trust $1,900,000 Carnegie Title
Mahendroo Vikesh $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magill Family Trust $1,520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $1,900,000 +5.7% $460 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $1,798,000 -- $435 / Sq Ft
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
2025 $33,874 $1,180,700 $453,300 $727,400
2024 $32,406 $1,180,700 $453,300 $727,400
2023 $31,585 $1,155,700 $453,300 $702,400
2022 $31,585 $1,155,700 $453,300 $702,400
2021 $29,372 $1,230,700 $453,300 $777,400
2020 $36,409 $1,380,700 $453,300 $927,400
2019 $35,857 $1,380,700 $453,300 $927,400
2018 $35,415 $1,380,700 $453,300 $927,400
2017 $35,042 $1,380,700 $453,300 $927,400
2016 $34,186 $1,380,700 $453,300 $927,400
2015 $33,592 $1,380,700 $453,300 $927,400
2014 $32,930 $1,380,700 $453,300 $927,400
Source: Public Records

Agents Affiliated with this Home

  • Robin Wittich Tarta

    Seller's Agent in 2023

    Robin Wittich Tarta

    Prominent Properties Sotheby's International Realty-Ridgewood

    (201) 888-0545

    3 in this area

    34 Total Sales

    Robin Wittich Tarta
    Section Image
  • Christine Gubb

    Buyer's Agent in 2023

    Christine Gubb

    Keller Williams Village Square Realty

    (201) 362-6344

    125 in this area

    267 Total Sales

    Christine Gubb
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23014679

New Jersey MLS

APN: 51-02707-0000-00017

New Jersey Bergen County Ridgewood 07450

265 Lotte Rd, Ridgewood, NJ

This home is located at 265 Lotte Rd, Ridgewood, NJ 07450 since 17 May 2023 and is currently estimated at $2,311,259, approximately $559 per square foot. 265 Lotte Rd is a home located in Bergen County with nearby schools including Ridgewood High School, Hawthorne Christian Academy, and Academy Of Our Lady At St Catharine.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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