NOT LISTED FOR SALE

1005 Penny Ln Scotch Plains, NJ 07076

Estimated Value: $1,298,888 - $1,755,000

4 Beds
3.5 Baths
4,039 Sq Ft
$385/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $880,000 $218 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $10,413/month

158 Days on Market

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • Jetted Tub in Primary Bathroom
  • J. Ackerman Coles Elementary School Rated A
  • Marble Flooring
  • High Ceiling

About This Home

As of December 2017

This spectacular custom luxury Colonial home is located on a private cul-de-sac. The residence sits beautifully on a serene wooded lot, within a new development of similar homes. Each room possesses modern inspired elegance. Open floor plan features a dramatic two-story entry foyer, formal LR & DR w/ custom coffered lit ceilings. Stunning gourmet kitchen opens to a large FR w/ gas f/p & custom built-ins. A powder room, mudroom w/ access to garage & laundry room complete the 1st flr. 2nd flr has 4 bedrooms incl a huge master suite w/ gas f/p, custom WIC w/ luxurious bath w/ marble finish. 3rd flr recreation room, walk-out basement, Sonos stereo system & in ground sprinkler system complete this special home. Great neighborhood, convenient to top rated schools & NYC transportation.

Last Agent to Sell the Property

DENISE MARAN

BHHS FOX & ROACH Listed on: 06/26/2017

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,046

Year Built

  • Built in 2014

Lot Details

  • 0.31 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding
  • Composition Shingle

Interior Spaces

  • 4,039 Sq Ft Home
  • Sound System
  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family Room with entrance to outdoor space
  • Living Room
  • Formal Dining Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2916-16401-0000-00003-0001-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,046

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2014
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: FLAT SCREEN TV'S, LR SURROUND SOUND SPEAKERS & STEREO RECEIVER/BASE.
  • Street Number Display: 1005
  • Directions: RARITAN RD TURNS INTO OLD RARITAN RD - RIGHT ON KING ST TO END - PENNY LANE CUL-DE-SAC ON LEFT # 1005 AT END ON RIGHT
  • I D: 4726040
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: South Side
  • First Name: DENISE
  • First Name3: MICHELLE
  • Last Name: MARAN
  • Last Name3: BORAGI WILSON
  • Office Phone: 908-232-5664
  • Office Phone3: 732-842-8100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Stone, Marble, Wood
  • Fireplace Description: Bedroom 1, Gas Fireplace, Family Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Refrigerator, OvnWGas, CookGas, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Security System, Blinds, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Stereo System, Smoke Detector
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Fireplace, 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, Jetted Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Unfinished
  • Basement Level Rooms: Walkout, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen
  • Kitchen Dim: 17x19
  • Kitchen Level: First
  • Living Room Dim: 12x16
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 33x28
  • Other Room1 Level: Third
  • Other Room 2: Storage Room
  • Other Room2 Dim: 32x33
  • Other Room2 Level: Basement
  • Level 1 Rooms: Laundry Room, Foyer, OutEntrn, Living Room, Dining Room, Porch, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: RecRoom
  • Estimated Sq Ft: 4039
  • Phone: 908-232-5664

Exterior Features

  • Exterior Description: Stone, Vinyl Siding, Composition Shingle
  • Exterior Features: Underground Lawn Sprinkler, Patio, Open Porch(es), Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Water Charge Extra, 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: .31 ACRE
  • Assessed Land Value: 47800
  • Lot Description: Level Lot, Cul-De-Sac
  • Lot Identifier: 3.1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.31

Tax Info

  • Tax Acres: *
  • Assessed Land Value: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 2916-16401-0000-00003-0001-
  • Tax Rate Amount: 10.493
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Cole Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Dec 27, 2017
Sold by
Huettl David L and Huettl Chaundra L
Bought by
Saffer Jason and Saffer Unju
Seller's Agent
DENISE MARAN
BHHS FOX & ROACH
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%
Current Estimated Value
$1,527,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$647,959
Avg. Annual Appreciation
7.33%
Original Mortgage
$580,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 25, 2014
Closed on
Nov 25, 2014
Sold by
Fantini Ernest
Bought by
Huettl David L and Hoover Chaundra L
Seller's Agent
JACQUELINE MANDELL
KELLER WILLIAMS REALTY
Buyer's Agent
ANDREA VEZZOSI CERZA
COLDWELL BANKER REALTY
Sold Price
$925,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.60%
Original Mortgage
$740,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Saffer Jason $880,000 None Available
Huettl David L $925,000 Prestige Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saffer Unju $110,000
Open Saffer Unju $554,873
Closed Saffer Jason $580,000
Previous Owner Huettl David L $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2017 12/27/17 Sold $880,000 -2.1% $218 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $899,000 -2.8% $223 / Sq Ft
11/25/2014 11/25/14 Sold $925,000 -- $229 / 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 $25,046 $219,300 $47,800 $171,500
2023 $25,046 $219,300 $47,800 $171,500
2022 $24,748 $219,300 $47,800 $171,500
2021 $24,706 $219,300 $47,800 $171,500
2020 $24,588 $219,300 $47,800 $171,500
2019 $24,406 $219,300 $47,800 $171,500
2018 $23,996 $219,300 $47,800 $171,500
2017 $26,213 $245,000 $47,800 $197,200
2016 $29,150 $277,800 $47,800 $230,000
2015 $28,672 $47,800 $47,800 $0
2014 $4,771 $47,800 $47,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3399386

Garden State MLS

APN: 16-16401-0000-00003-01