NOT LISTED FOR SALE

386 Ratzer Rd Wayne, NJ 07470

Estimated Value: $860,000 - $978,000

5 Beds
3.5 Baths
2,431 Sq Ft
$378/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $702,000 $289 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,244/month

11 Days on Market

Highlights

  • Lake Privileges
  • Clubhouse
  • Wood Flooring
  • Schuyler-Colfax Middle School Rated A
  • Deck
  • Sun or Florida Room

About This Home

As of April 2022

Welcome Home! Amazing private property in desirable Packanack Lake community, great opportunity with layout based on lifestyle needs and wonderful updates throughout home. Features include: Oversized custom Split level home with beautiful open floor plan, formal living room w/ fireplace, leading to newer kitchen: granite counter tops, center island, high end cabinets, Inviting family room, primary suite: walk in closets & full updated bathroom. Lots of natural light and windows throughout home and hardwood floors. Finished basement with storage, huge deck overlooking amazing huge level private property. Lower level suite: additional kitchen, bedroom, living room, full bath & laundry room. Impressive home for entertaining, in law suite or private office. Oversized garage and built in shed. Enjoy the lake life: 2 beaches, clubhouse, sailing, swimming, sport and community programs, golf and tennis are available. Great location: top rated schools, minutes to restaurants, shopping, major highways, NJ Transit Bus & Train center and New York City.

Last Agent to Sell the Property

Karen Peters

COLDWELL BANKER REALTY Listed on: 03/10/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Karen Peters

COLDWELL BANKER REALTY Listed on: 03/10/2022

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,729

Year Built

  • Built in 1964

Lot Details

  • 0.46 Acre Lot

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room

Outdoor Features

  • Lake Privileges
  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2514-01603-0000-00040-0000-

Community Details

Recreation

  • Tennis Courts
  • Community Playground

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,729

Year Built

Built in 1964

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1964
  • Year Built Description: Approximate
  • County Name: Passaic
  • Directions: Razter Rd
  • I D: 5134059
  • Section Subdiv Development: Packanack Lake
  • First Name: KAREN
  • First Name3: KAREN
  • Last Name: PETERS
  • Last Name3: PETERS
  • Attribution Contact: 973-694-8000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas
  • Bedrooms: 5
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Storage Room
  • Kitchen Area: Center Island
  • Level 1 Rooms: Family Room, Kitchen, Living Room, MudRoom, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Ground Level Rooms: 1 Bedroom, Bath(s) Other, Florida/3Season, Kitchen, Laundry Room, Living Room
  • Phone: 973-694-8000

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Deck, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Club House, Lake Privileges, Playground, Tennis Courts
  • Association Maintenance Fee: 835
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: One Time

Lot Info

  • Lot Size: .464 AC
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.46
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15729
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01603-0000-00040-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.648
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 28, 2022
Sold by
Laura Dijkstra
Bought by
Bem 170 Properties Inc
Seller's Agent
Karen Peters
COLDWELL BANKER REALTY
Buyer's Agent
Karen Peters
COLDWELL BANKER REALTY
List Price
$598,000
Sold Price
$702,000
Premium/Discount to List
$104,000
17.39%
Current Estimated Value
$917,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,795
Avg. Annual Appreciation
7.53%
Original Mortgage
$346,000
Outstanding Balance
$328,247
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$589,548

Purchase Details

Closed on
Oct 26, 2016
Sold by
Dijkstra Laura and Dijkstra Henderikus
Bought by
Dijkstra Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 6, 2006
Sold by
Hill Helen B
Bought by
Dijkstra Henderikus and Dijkstra Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bem 170 Properties Inc $702,000 Petriello Joseph C
Dijkstra Laura -- None Available
Dijkstra Henderikus $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bem 170 Properties Inc $346,000
Previous Owner Dijkstra Laura $450,000
Previous Owner Dijkstra Henderikus $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $702,000 +17.4% $289 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $598,000 -- $246 / 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
2025 $16,560 $278,500 $98,900 $179,600
2024 $15,925 $278,500 $98,900 $179,600
2022 $15,746 $278,500 $98,900 $179,600
2021 $15,730 $278,500 $98,900 $179,600
2020 $15,660 $278,500 $98,900 $179,600
2019 $15,356 $278,500 $98,900 $179,600
2018 $15,220 $278,500 $98,900 $179,600
2017 $15,081 $278,500 $98,900 $179,600
2016 $14,869 $278,500 $98,900 $179,600
2015 $14,691 $278,500 $98,900 $179,600
2014 $14,276 $278,500 $98,900 $179,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3768416

Garden State MLS

APN: 14-01603-0000-00040