J
Seller's Agent in 2022
JILL HOROWITZ ROME
COLDWELL BANKER REALTY
(908) 868-2460
78 in this area
104 Total Sales
2 Balfour Ln Scotch Plains, NJ 07076
Scotch Plains NeighborhoodEstimated Value: $1,615,000 - $1,948,000
4
Beds
3.5
Baths
--
Sq Ft
0.92
Acres
Highlights
- Home Theater
- Heated In Ground Pool
- Sitting Area In Primary Bedroom
- J. Ackerman Coles Elementary School Rated A
- Sauna
- 0.92 Acre Lot
About This Home
As of July 2022Breathtaking 4 bedroom, 3.1 bath custom Colonial (2006) by Needle Point Homes with a circular driveway, nestled on a private acre property on a quiet cul-de-sac street. The 1st floor features a dramatic 2 story foyer w/ 2 front closets, living room with large bay window + gas fireplace, elegant dining room, sparkling gourmet EIK w/center island, ss appliances w/6 burner stove, pantry, + door to backyard patio, bright family room w/gas fireplace + built-in shelves, and office w/custom shelves, desk, filing cabinet w/large bay window + French Doors. 2nd floor boasts a fabulous primary bedroom suite w/sitting room, tremendous custom walk-in closet and bonus storage closet, primary bath w/2 sinks, oversized shower stall +Jacuzzi tub, 3 additional spacious bedrooms w/large double door custom closets, bath w/2 sinks + bonus linen closet and laundry room. Finished basement offers kitchenette w/wine fridge, recreation room, media room, exercise room, storage and full bath with a sauna! Private and sprawling backyard with spacious patio, in-ground pool and lush professionally landscaped lawn, perfect for entertaining. Hardwood floors throughout 1st and 2nd floors. Scotch Plains Fanwood Schools offer full day Kindergarten. Conveniently located close to shopping, parks, excellent schools and transportation to NYC.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,030
Year Built
- Built in 2006
Lot Details
- 0.92 Acre Lot
- Wood Fence
- Irregular Lot
- Sprinkler System
- Wooded Lot
Parking
- 2 Car Attached Garage
- Oversized Parking
- Inside Entrance
- Garage Door Opener
- Circular Driveway
- Parking Garage Space
Home Design
- Colonial Architecture
- Siding
- Composite Building Materials
- Tile
Interior Spaces
- Sound System
- High Ceiling
- Ceiling Fan
- Skylights
- Gas Fireplace
- Thermal Windows
- Shades
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Theater
- Home Office
- Recreation Room
- Storage Room
- Utility Room
- Sauna
- Home Gym
- Attic Fan
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Electric Oven or Range
- Self-Cleaning Oven
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Sitting Area In Primary Bedroom
- 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
Finished Basement
- Basement Fills Entire Space Under The House
- Garage Access
- Sump Pump
Pool
- Heated In Ground Pool
- Gunite Pool
- Spa
Outdoor Features
- Patio
- Storage Shed
Schools
- Cole Elementary School
- Terrill Middle School
- Sp Fanwood High School
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Forced Air Zoned Heating and Cooling System
- Standard Electricity
- Water Filtration System
- Gas Water Heater
- Satellite Dish
Listing and Financial Details
- Assessor Parcel Number 2916-14901-0000-00010-0002-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2022
Closed on
Jul 6, 2022
Sold by
Caramico and Joan
Bought by
Margulis Stanislav and Margulis Diana
Seller's Agent
JILL HOROWITZ ROME
COLDWELL BANKER REALTY
Buyer's Agent
Nancy Chu
KELLER WILLIAMS - NJ METRO GROUP
List Price
$1,399,000
Sold Price
$1,627,000
Premium/Discount to List
$228,000
16.3%
Total Days on Market
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,341
Avg. Annual Appreciation
3.06%
Original Mortgage
$1,208,000
Outstanding Balance
$1,161,944
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$609,255
Purchase Details
Closed on
Mar 14, 2006
Sold by
Needlepoint Homes L L C
Bought by
Caramico Michael and Caramico Joan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Margulis Stanislav | $1,627,000 | Big Apple Title | |
| Caramico Michael | $1,250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Margulis Stanislav | $1,208,000 | |
| Previous Owner | Caramico Joan | $250,000 | |
| Previous Owner | Caramico Michael | $285,828 | |
| Previous Owner | Caramico Michael | $290,000 | |
| Previous Owner | Caramico Michael | $70,000 | |
| Previous Owner | Caramico Michael | $300,000 | |
| Previous Owner | Needlepoint Homes Llc | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2022 07/11/22 | Sold | $1,627,000 | +16.3% | -- |
| 04/21/2022 04/21/22 | Pending | -- | -- | -- |
| 04/07/2022 04/07/22 | For Sale | $1,399,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $28,553 | $250,000 | $87,900 | $162,100 |
| 2023 | $28,553 | $250,000 | $87,900 | $162,100 |
| 2022 | $28,213 | $250,000 | $87,900 | $162,100 |
| 2021 | $28,165 | $250,000 | $87,900 | $162,100 |
| 2020 | $28,030 | $250,000 | $87,900 | $162,100 |
| 2019 | $27,823 | $250,000 | $87,900 | $162,100 |
| 2018 | $27,355 | $250,000 | $87,900 | $162,100 |
| 2017 | $26,748 | $250,000 | $87,900 | $162,100 |
| 2016 | $26,233 | $250,000 | $87,900 | $162,100 |
| 2015 | $25,803 | $250,000 | $87,900 | $162,100 |
| 2014 | $24,953 | $250,000 | $87,900 | $162,100 |
Source: Public Records
Agents Affiliated with this Home
-
JILL HOROWITZ ROME
-
Nancy Chu
Buyer's Agent in 2022
Nancy Chu
KELLER WILLIAMS - NJ METRO GROUP
(917) 699-3785
4 in this area
395 Total Sales
Map
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Source: Garden State MLS
MLS Number: 3773984
APN: 16-14901-0000-00010-02
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