NOT LISTED FOR SALE

1 Michael Ln Scotch Plains, NJ 07076

Estimated Value: $890,269 - $1,173,000

4 Beds
2.5 Baths
2,591 Sq Ft
$415/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $720,000 $278 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,841/month

70 Days on Market

Highlights

  • 1.03 Acre Lot
  • Colonial Architecture
  • Recreation Room
  • J. Ackerman Coles Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of January 2021

This Colonial enjoys a private setting and prime location close to all this thriving community has to offer. This is a lovely 4 bedroom/2.1 bath home with updates. As sunlight pours in through large windows, the neutral decor welcomes a wide array of furnishings. You will be thrilled with the spacious, well-equipped kitchen, while the versatile floor plan is made for entertaining and daily living. Bedrooms are nestled on the upper level, offering peaceful sleep for everyone. Outside, the deck overlooks a spacious, level backyard, offering the ideal venue for dining, entertaining, active play and gardening.

Last Listed By

David Burke

RE/MAX PREMIER Listed on: 09/30/2020

RE/MAX PREMIER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,378

Year Built

  • Built in 1982

Lot Details

  • 1.03 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,591 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Cole Elementary School
  • Terrill Middle School
  • Sp Fanwood High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2916-14502-0000-00012-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,378

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1982
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 1
  • Directions: Raritan Rd to Michael Lane.
  • I D: 5012826
  • Modified: 2022-01-30
  • Number Images: 25
  • First Name: DAVID
  • First Name3: SAMANTHA
  • Last Name: BURKE
  • Last Name3: JORDAN
  • Office Phone: 908-754-1500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: CookGas, Dishwasher, Dryer, Refrigerator, OvnWGas, Washer
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 27x11
  • Kitchen Level: First
  • Living Room Dim: 24x13
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Dim: 16x13
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 40x22
  • Other Room2 Level: Basement
  • Level 1 Rooms: Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 2591
  • Phone: 908-754-1500

Exterior Features

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

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Circular

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Cole Elem
  • Middle School: Terrill MS
  • High School: SP Fanwood
  • High School: SP Fanwood
  • Middle Jr High School: Terrill MS

Lot Info

  • Lot Size: 1.0350 AC
  • Assessed Improvement Value: 124100
  • Assessed Land Value: 68000
  • Assessment: 192100
  • Easement: Unknown
  • Lot Description: Level Lot, Wooded Lot
  • Lot Identifier: 12
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.03
  • Zoning: RES

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 21378
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2916-14502-0000-00012-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 11.129
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Cole Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Jan 18, 2021
Sold by
Parisi Anthony and Parisi Kathleen
Bought by
Kong Cherun Mon and Kong Carrie
Seller's Agent
David Burke
RE/MAX PREMIER
Buyer's Agent
Samantha Jordan
COMPASS NEW JERSEY, LLC
List Price
$759,900
Sold Price
$720,000
Premium/Discount to List
-$39,900
-5.25%
Total Days on Market
70
Current Estimated Value
$1,074,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,317
Avg. Annual Appreciation
8.87%
Original Mortgage
$576,000
Outstanding Balance
$526,424
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$512,786

Range of Values:

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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
Kong Cherun Mon $720,000 Prestige Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kong Cherun Mon $576,000
Previous Owner Parisi Anthony $250,000
Previous Owner Parisi Anthony $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $720,000 -4.0% $278 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
10/26/2020 10/26/20 Price Changed $749,900 -2.6% $289 / Sq Ft
10/02/2020 10/02/20 Price Changed $769,900 +1.3% $297 / Sq Ft
09/30/2020 09/30/20 For Sale $759,900 -- $293 / 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 $21,940 $197,700 $68,000 $129,700
2023 $21,940 $192,100 $68,000 $124,100
2022 $21,678 $192,100 $68,000 $124,100
2021 $21,642 $192,100 $68,000 $124,100
2020 $21,538 $192,100 $68,000 $124,100
2019 $21,379 $192,100 $68,000 $124,100
2018 $21,020 $192,100 $68,000 $124,100
2017 $20,553 $192,100 $68,000 $124,100
2016 $20,157 $192,100 $68,000 $124,100
2015 $19,827 $192,100 $68,000 $124,100
2014 $19,174 $192,100 $68,000 $124,100
Source: Public Records

Agents Affiliated with this Home

  • David Burke

    Seller's Agent in 2021

    David Burke

    RE/MAX

    (908) 566-6990

    5 in this area

    142 Total Sales

    David Burke
    Section Image
  • Samantha Jordan

    Buyer's Agent in 2021

    Samantha Jordan

    COMPASS NEW JERSEY, LLC

    (973) 376-8990

    4 in this area

    24 Total Sales

    Samantha Jordan
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3668211

Garden State MLS

APN: 16-14502-0000-00012

New Jersey Union County Scotch Plains 07076

1 Michael Ln, Scotch Plains, NJ

Homes for Sale in Scotch Plains, NJ

This home is located at 1 Michael Ln, Scotch Plains, NJ 07076 since 30 September 2020 and is currently estimated at $1,074,317, approximately $414 per square foot. This property was built in 1982. 1 Michael Ln is a home located in Union County with nearby schools including J. Ackerman Coles Elementary School, Terrill Middle School, and Scotch Plains-Fanwood High School.

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Information deemed reliable but not guaranteed.
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