NOT LISTED FOR SALE

2001 Lake Ave Scotch Plains, NJ 07076

Estimated Value: $741,000 - $1,025,000

4 Beds
2.5 Baths
2,192 Sq Ft
$392/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $741,000 $338 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,810/month

41 Days on Market

Highlights

  • In Ground Pool
  • Custom Home
  • Deck
  • J. Ackerman Coles Elementary School Rated A
  • 1.01 Acre Lot
  • Wood Burning Stove

About This Home

As of October 2022

This lovely custom home sitting on over an acre of level, private corner lot in highly desireable Scotch Plains will wow you! Foyer opens up to spacious living room and dining room, featuring hardwood floors and Anderson windows- Bright eat in kitchen has lots of storage and pantry. Plenty of private space with 2 first floor BR and full bath and family room filled with sunshine. Upstairs has amazing master BR with private balcony, beautiful bath with jetted tub and seperate shower, there is a fouth BR and office area. Ground level basement with custom bar, recreation room and two extra rooms opens up to gorgeous yard and garden with fenced in built in pool, gazebo, veranda, patio BBQ area and 20x24 workshop shed! Perfect for entertaining with beautiful grounds, long driveway and privacy. This property is an oasis on a winding road minutes from the train, and award winning Scotch Plains schools. So much room for expansion if needed!

Last Agent to Sell the Property

JOANNE VARCO

WEICHERT REALTORS Brokerage Phone: 732 754-8895 Listed on: 09/02/2022

Last Buyer's Agent

GEE KAY CHEUNG

REALTY ONE GROUP LIFESTYLE HOMES

REALTY ONE GROUP LIFESTYLE HOMES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,519

Year Built

  • Built in 1948

Lot Details

  • 1.01 Acre Lot
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Custom Home
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,192 Sq Ft Home
  • Beamed Ceilings
  • Wood Burning Stove
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Loft
  • Storage Room
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Inside Entrance
  • Private Driveway
  • Additional Parking

Pool

  • In Ground Pool
  • Pool Liner

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Separate Outdoor Workshop
  • Storage Shed

Schools

  • Sp Fanwood High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Underground Utilities
  • Water Filtration System
  • Well
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 2916-13301-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,519

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1948
  • Year Built Description: Approximate
  • County Name: Union
  • Possible Other Uses: Home-Office
  • Street Number Display: 2001
  • Directions: Raritan to Lake. Corner of Lake and Linden
  • I D: 5176372
  • Modified: 2023-10-29
  • Number Images: 34
  • First Name: JOANNE
  • First Name3: GEE KAY
  • Last Name: VARCO
  • Last Name3: CHEUNG
  • Office Phone3: 908-291-1300
  • Attribution Contact: 732 754-8895
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Wood Stove-Freestanding
  • Appliances: Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer, Water Filter, Water Softener-Own
  • Interior Amenities: Beam Ceilings, Blinds, JacuzTyp, StallTub
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower And Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Basement Level Rooms: Bath(s) Other, Inside Entrance, Laundry Room, Outside Entrance, Pantry, Rec Room, Storage Room, Walkout
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • Kitchen Area: Country Kitchen, Eat-In Kitchen, Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Level: Second
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Family Room, Foyer, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other, Loft, Office
  • Level 3 Rooms: Attic, Storage Room
  • Estimated Sq Ft: 2192
  • Phone: 732-906-8200

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Barbeque, Deck, Gazebo, Metal Fence, Patio, Storage Shed, Thermal Windows/Doors, Workshop
  • Pool: Yes
  • Pool Description: In-Ground Pool, Liner
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Additional Parking, Blacktop, Driveway-Exclusive, Lighting

Utilities

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

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Schools

  • High School: SP Fanwood
  • High School: SP Fanwood

Lot Info

  • Lot Size: 001.013 AC
  • Assessed Improvement Value: 67600
  • Assessed Land Value: 52400
  • Assessment: 120000
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 16
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.01

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 13519
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2916-13301-0000-00016-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 11.266
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 27, 2022
Sold by
Hannam William and Hannam Suzanne M
Bought by
Yildirim Burak
Seller's Agent
JOANNE VARCO
WEICHERT REALTORS
Buyer's Agent
GEE KAY CHEUNG
REALTY ONE GROUP LIFESTYLE HOMES
List Price
$698,000
Sold Price
$741,000
Premium/Discount to List
$43,000
6.16%
Current Estimated Value
$858,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,395
Avg. Annual Appreciation
6.17%
Original Mortgage
$592,800
Outstanding Balance
$577,267
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$301,176

Purchase Details

Closed on
Sep 29, 2006
Sold by
Solski Suzanne
Bought by
Solski Suzanne M and Hannam William

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
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2005
Sold by
Russo Elsie V
Bought by
Solski Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.83%
Mortgage Type
New Conventional
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
Yildirim Burak $741,000 Counsellors Title
Solski Suzanne M -- --
Solski Suzanne $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yildirim Burak $592,800
Previous Owner Hannam William J $50,000
Previous Owner Hannam William $370,000
Previous Owner Hannam William J $365,500
Previous Owner Hannam William J $25,000
Previous Owner Solski Suzanne M $300,000
Previous Owner Solski Suzanne $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $741,000 +6.2% $338 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $698,000 -- $318 / 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 $13,705 $120,000 $52,400 $67,600
2023 $13,705 $120,000 $52,400 $67,600
2022 $13,542 $120,000 $52,400 $67,600
2021 $13,519 $120,000 $52,400 $67,600
2020 $13,454 $120,000 $52,400 $67,600
2019 $13,355 $120,000 $52,400 $67,600
2018 $13,130 $120,000 $52,400 $67,600
2017 $12,839 $120,000 $52,400 $67,600
2016 $12,592 $120,000 $52,400 $67,600
2015 $12,385 $120,000 $52,400 $67,600
2014 $13,564 $135,900 $52,400 $83,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3805253

Garden State MLS

APN: 16-13301-0000-00016