NOT LISTED FOR SALE

2088 Elizabeth Ave Scotch Plains, NJ 07076

Estimated Value: $738,678 - $913,000

3 Beds
3 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold May 04, 2016

Last sale price $570,000

Est. 46% increase in value since last sale

Current estimated payment $5,395/month

91 Days on Market

About This Home

As of May 2016

This home is located at 2088 Elizabeth Ave, Scotch Plains, NJ 07076 since 14 December 2015 and is currently estimated at $832,670. This property was built in 1952. 2088 Elizabeth Ave is a home located in Union County with nearby schools including William J. McGinn Elementary School, Terrill Middle School, and Scotch Plains-Fanwood High School.

Last Agent to Sell the Property

BARBARA TOBIA

NEXTHOME NEW PROSPECTS REALTY Brokerage Phone: 908-561-5400 Listed on: 12/14/2015

Last Buyer's Agent

SHEFALI PATEL

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,133

Year Built

  • Built in 1952

Lot Details

  • 9,148 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,133

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Year Built: 1952
  • County Name: Union
  • I D: 4586485
  • Attribution Contact: 908-561-5400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 000.206 AC
  • Total Acres: 0.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
May 12, 2016
Sold by
Michael C Bitette
Bought by
Gundimeda Kiran and Talagadadeevi Bala
Seller's Agent
BARBARA TOBIA
NEXTHOME NEW PROSPECTS REALTY
Buyer's Agent
SHEFALI PATEL
BHHS FOX & ROACH
List Price
$659,000
Sold Price
$570,000
Premium/Discount to List
-$89,000
-13.51%
Current Estimated Value
$832,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,670
Avg. Annual Appreciation
4.04%
Original Mortgage
$520,000
Outstanding Balance
$412,738
Interest Rate
3.57%
Estimated Equity
$419,932

Purchase Details

Closed on
Jan 20, 2011
Sold by
Lee Sungwon Thomas and Lee Suzy K
Bought by
Bitette Christina and Bitette Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 1998
Sold by
Stone Mark A and Stone Jennifer N
Bought by
Lee Sungwon Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,600
Interest Rate
6.86%

Purchase Details

Closed on
Oct 15, 1996
Sold by
Hume John E and Hume Susan R
Bought by
Stone Mark A and Stone Jennifer N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,300
Interest Rate
7.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Gundimeda Kiran -- --
Bitette Christina $499,000 Multiple
Lee Sungwon Thomas $239,500 --
Stone Mark A $207,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gundimeda Kiran $520,000
Closed Gundimeda Kiran --
Previous Owner Bitette Christina $360,000
Previous Owner Lee Sungwon Thomas $191,600
Previous Owner Stone Mark A $186,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2016 05/04/16 Sold $570,000 -13.5% --
03/14/2016 03/14/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $659,000 -- --
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 $12,133 $103,100 $32,200 $70,900
2024 $11,775 $103,100 $32,200 $70,900
2023 $11,775 $103,100 $32,200 $70,900
2022 $11,635 $103,100 $32,200 $70,900
2021 $11,615 $103,100 $32,200 $70,900
2020 $11,560 $103,100 $32,200 $70,900
2019 $11,474 $103,100 $32,200 $70,900
2018 $11,281 $103,100 $32,200 $70,900
2017 $11,031 $103,100 $32,200 $70,900
2016 $10,818 $103,100 $32,200 $70,900
2015 $10,641 $103,100 $32,200 $70,900
2014 $10,290 $103,100 $32,200 $70,900
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    BARBARA TOBIA

    NEXTHOME NEW PROSPECTS REALTY

  • S

    Buyer's Agent in 2016

    SHEFALI PATEL

    BHHS FOX & ROACH

See All Agents

Map

Source: Garden State MLS

MLS Number: 3271171

Garden State MLS

APN: 16-08903-0000-00010

New Jersey Union County Scotch Plains 07076

2088 Elizabeth Ave, Scotch Plains, NJ

Not Listed for Sale

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