NOT LISTED FOR SALE

202 Watchung Terrace Scotch Plains, NJ 07076

Estimated Value: $567,961 - $684,000

3 Beds
2 Baths
31,000 Sq Ft
$20/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $540,000 $17 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,306/month

15 Days on Market

About This Home

As of May 2023

This home is located at 202 Watchung Terrace, Scotch Plains, NJ 07076 since 17 March 2023 and is currently estimated at $631,990, approximately $20 per square foot. This property was built in 1930. 202 Watchung Terrace is a home located in Union County with nearby schools including Evergreen Elementary School, Nettingham Middle School, and Scotch Plains-Fanwood High School.

Last Agent to Sell the Property

Patricia Carter

ELITE GROUP REALTY LLC Brokerage Phone: 908-355-5955 Listed on: 03/17/2023

Last Buyer's Agent

KUNAL SODHI

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,474

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,474

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • County Name: Union
  • Street Number Display: 202
  • I D: 5208994
  • Modified: 2024-05-16
  • Number Images: 1
  • Attribution Contact: 908-355-5955
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 000.114 AC
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 10, 2023
Sold by
One Capital Investments Llc
Bought by
Williams Mo Z and Williams John C
Seller's Agent
Patricia Carter
ELITE GROUP REALTY LLC
Buyer's Agent
KUNAL SODHI
EXP REALTY, LLC
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%
Views
90
Current Estimated Value
$631,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,990
Avg. Annual Appreciation
6.86%
Original Mortgage
$530,219
Outstanding Balance
$515,096
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$116,894

Purchase Details

Closed on
Dec 30, 2022
Sold by
Sheriff Of The County Of Union
Bought by
One Capital Investments Llc and United States Op America

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,910
Interest Rate
5.68%

Purchase Details

Listed on
Dec 20, 2016
Closed on
Apr 12, 2017
Sold by
Chacon Juan J and Chacon Sonia
Bought by
Alves Jorgina
Seller's Agent
LUIS LEIVA
EXP REALTY, LLC
Buyer's Agent
ALICIA HOLDEN
ERA SUBURB REALTY
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$304,385
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2005
Sold by
Drozic Mark
Bought by
Chacon Juan J and Chacon Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,800
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2005
Sold by
Torre Michael
Bought by
Drozic Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
8.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Williams Mo Z $540,000 Westcor Land Title
One Capital Investments Llc $295,054 --
Alves Jorgina $310,000 None Available
Chacon Juan J $406,000 --
Drozic Mark $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Mo Z $530,219
Previous Owner One Capital Investments Llc $318,910
Previous Owner Alves Jorgina $304,385
Previous Owner Chacon Juan J $324,800
Previous Owner Drozic Mark $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $540,000 -1.6% $17 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $549,000 +77.1% $18 / Sq Ft
04/29/2017 04/29/17 Sold $310,000 +3.3% $10 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $300,000 -- $10 / 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
2025 $11,474 $97,500 $22,000 $75,500
2024 $7,709 $97,500 $22,000 $75,500
2023 $7,709 $67,500 $22,000 $45,500
2022 $7,617 $67,500 $22,000 $45,500
2021 $7,605 $67,500 $22,000 $45,500
2020 $7,568 $67,500 $22,000 $45,500
2019 $7,512 $67,500 $22,000 $45,500
2018 $7,386 $67,500 $22,000 $45,500
2017 $7,222 $67,500 $22,000 $45,500
2016 $7,083 $67,500 $22,000 $45,500
2015 $6,967 $67,500 $22,000 $45,500
2014 $6,737 $67,500 $22,000 $45,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Patricia Carter

    ELITE GROUP REALTY LLC

    (908) 419-7693

    2 in this area

    19 Total Sales

    Patricia Carter
    Section Image

  • K

    Buyer's Agent in 2023

    KUNAL SODHI

    EXP REALTY, LLC

  • L

    Seller's Agent in 2017

    LUIS LEIVA

    EXP REALTY, LLC

  • A

    Buyer's Agent in 2017

    ALICIA HOLDEN

    ERA SUBURB REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3833567

Garden State MLS

APN: 16-03907-0000-00011

New Jersey Union County Scotch Plains 07076

202 Watchung Terrace, Scotch Plains, NJ

This home is located at 202 Watchung Terrace, Scotch Plains, NJ 07076 since 17 March 2023 and is currently estimated at $631,990, approximately $20 per square foot. This property was built in 1930. 202 Watchung Terrace is a home located in Union County with nearby schools including Evergreen Elementary School, Nettingham Middle School, and Scotch Plains-Fanwood High School.

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