NOT LISTED FOR SALE

8 Rutan Place Bloomfield, NJ 07003

Estimated Value: $616,000 - $693,000

4 Beds
3 Baths
-- Sq Ft
5,497 Sq Ft Lot

Last Sold May 11, 2020

Last sale price $400,000

Est. 63% increase in value since last sale

Current estimated payment $4,713/month

63 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near a park
  • Central Air
  • Oak View Elementary School Rated A-
  • Detached Garage
  • Rectangular Lot

About This Home

As of May 2020

Property qualifies for $20,000 LIFT Program grant to qualified buyers. Wonderfully updated Cape on an extremely quiet block with great curb appeal! This 4 bedroom, 3 bath, and fully finished basement WILL NOT LAST! Basement has a legal secondary kitchen that was already approved by the town! Full bath on every level! Backyard that is perfect for entertaining with a yard and deck that is the length of the house. Well maintained garage. Property has many updates!

Last Agent to Sell the Property

Matthew Meyer

Keller Williams City Life Realty Listed on: 01/22/2020

Keller Williams City Life Realty

Last Buyer's Agent

Othoniel Gomez

Realty One Group Legend, Clifton

Realty One Group Legend, Clifton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,668

Lot Details

  • 5,497 Sq Ft Lot
  • Rectangular Lot

Parking

  • Detached Garage

Home Design

  • Built in the 1950s
  • Cape Cod Architecture
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 070201298 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,668

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Cape Cod
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Trans, Close/Wrshp
  • Miscellaneous: None
  • Views/Exposure: None
  • Year Built: 1950's, Renovated, 2010's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 7
  • Fireplace: None
  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Primary Bathroom: N
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Basement: Family Room, Kitchen, Full Bath

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Detached, 1 Car

Utilities

  • Heating: Gas, Hot Air
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: ESSEX
  • Locale: 200
  • Lot: 00011
  • Lot Description: Regular
  • Estimated Lot Sq Ft: 5497

Tax Info

  • Tax: 11668
  • Assessor Parcel Number: 070201298 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
May 11, 2020
Sold by
Capc Usa Llc
Bought by
Villaman Dreisly and Espinal Wady
Seller's Agent
Matthew Meyer
Keller Williams City Life Realty
Buyer's Agent
Othoniel Gomez
Realty One Group Legend, Clifton
List Price
$394,999
Sold Price
$400,000
Premium/Discount to List
$5,001
1.27%
Current Estimated Value
$651,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,955
Avg. Annual Appreciation
9.99%
Original Mortgage
$392,755
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2019
Sold by
Njcc Fund 5 Llc
Bought by
Capc Usa Llc

Purchase Details

Closed on
Oct 2, 2018
Sold by
Falco Michael and Us Bank Na
Bought by
Njcc Fund 5 Reo Subsidiar

Purchase Details

Closed on
Nov 20, 2007
Sold by
Ahmed Mufti S and Puzzo Damaris
Bought by
Falco Michael and Reilly Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,231
Interest Rate
6.42%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2006
Sold by
Danraj Dasrat
Bought by
Ahmed Mufti and Puzzo Damaris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2001
Sold by
Harrington Rapaytie
Bought by
Danraj Dasrat and Danraj Indrawattie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.67%

Purchase Details

Closed on
May 18, 1995
Sold by
Fontoura Armando
Bought by
Oci Mtg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.34%

Purchase Details

Closed on
May 10, 1995
Sold by
Zurich Invest
Bought by
Danraj Dasvat and Danraj Indrawattie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.34%

Purchase Details

Closed on
May 4, 1995
Sold by
Oci Mtg
Bought by
Zurich Investment

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.34%

Purchase Details

Closed on
Nov 14, 1988
Sold by
Mak Kevin S and Mak Mona E
Bought by
Lim Heng Chin and Gek Swan
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 Buyer Sale Price Title Company
Villaman Dreisly $400,000 Advent Title Agency Llc
Capc Usa Llc $264,644 Fortune Title Agecny Inc
Njcc Fund 5 Reo Subsidiar $320,100 --
Falco Michael $375,000 None Available
Ahmed Mufti $350,000 --
Danraj Dasrat $10,000 --
Oci Mtg $85,100 --
Danraj Dasvat $128,000 --
Zurich Investment $111,000 --
Lim Heng Chin $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villaman Dreisly $394,519
Closed Villaman Dreisly $394,519
Closed Villaman Dreisly $392,755
Previous Owner Falco Michael $30,972
Previous Owner Falco Michael $368,231
Previous Owner Ahmed Mufti $280,000
Previous Owner Danraj Dasrat $50,000
Previous Owner Danraj Dasvat $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2020 05/11/20 Sold $400,000 +1.3% --
03/25/2020 03/25/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $394,999 0.0% --
02/12/2020 02/12/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $394,999 -- --
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 $13,137 $402,000 $165,000 $237,000
2022 $12,872 $402,000 $165,000 $237,000
2021 $12,635 $402,000 $165,000 $237,000
2020 $12,442 $402,000 $165,000 $237,000
2019 $11,668 $293,100 $133,000 $160,100
2018 $11,618 $293,100 $133,000 $160,100
2017 $11,443 $293,100 $133,000 $160,100
2016 $11,314 $293,100 $133,000 $160,100
2015 $11,211 $293,100 $133,000 $160,100
2014 $11,006 $293,100 $133,000 $160,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20002909

New Jersey MLS

APN: 02-01298-0000-00011