NOT LISTED FOR SALE

2229 Paff Place Scotch Plains, NJ 07076

Estimated Value: $473,840 - $651,000

3 Beds
1 Bath
1,170 Sq Ft
$466/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $286,000 $244 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,593/month

71 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Evergreen Elementary School Rated A
  • Formal Dining Room
  • 2-minute walk to Booth Field

About This Home

As of November 2021

HUD home. An affordable opportunity to own a home in desirable Scotch Plains! Located near NYC bus stop, convenient to major highways, downtown and schools. Cozy starter home on oversized lot features stucco exterior, updated roof and repl. windows, fireplace, hardwood floors, att. garage. Buy and renovate this fixer upper for as little as 3.5% down with a FHA 203K purchase/renovation loan. Property being sold strictly in AS IS condition.

Last Agent to Sell the Property

Bill Flagg

ERA QUEEN CITY REALTY Listed on: 07/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,240

Year Built

  • Built in 1950

Lot Details

  • 0.28

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,170 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Schools

  • Evergreen Elementary School
  • Park Middle School
  • Sp Fanwood High School

Additional Features

  • Patio
  • 0.28 Acre Lot
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2916-02902-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,240

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 2229
  • Directions: Mountain Ave to Westfield Rd to Paff Pl
  • I D: 5091634
  • Modified: 2022-11-30
  • Number Images: 13
  • First Name: BILL
  • First Name3: UNKNOWN
  • Last Name: FLAGG
  • Last Name3: AGENT
  • Office Phone: 908-603-8040
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Dining Room Level: First
  • Kitchen Area: Galley Type
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 1 Bedroom
  • Estimated Sq Ft: 1170
  • Phone: 908-322-5454

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Patio
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Off-Street Parking

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: Evergreen
  • Middle School: Park MS
  • High School: SP Fanwood
  • High School: SP Fanwood
  • Middle Jr High School: Park MS

Lot Info

  • Lot Size: 120 X 100 AVG
  • Assessed Improvement Value: 46400
  • Assessed Land Value: 27100
  • Assessment: 73500
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.28

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8240
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2916-02902-0000-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 11.212
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Evergreen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Nov 25, 2021
Sold by
Secretary Of Housing And Urban Dev
Bought by
Dominion Investments Llc
Seller's Agent
Bill Flagg
ERA QUEEN CITY REALTY
List Price
$300,000
Sold Price
$286,000
Premium/Discount to List
-$14,000
-4.67%
Current Estimated Value
$523,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,910
Avg. Annual Appreciation
15.81%
Original Mortgage
$602,675
Outstanding Balance
$565,720
Interest Rate
3.14%
Mortgage Type
Amount Keyed Is An Aggregate Amount
Estimated Equity
-$74,194

Purchase Details

Closed on
Jun 23, 2020
Sold by
Petruzzi Anthony and Petruzzi Katherine
Bought by
Secretary Of Housing & Urban Development
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
Dominion Investments Llc $286,000 Old Republic Natl Ttl Ins Co
Secretary Of Housing & Urban Development $207,408 Equity Natl Ttl & Closing Sv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominion Investments Llc $602,675
Closed Dominion Investments Llc $602,675
Previous Owner Petruzzi Anthony $405,000
Previous Owner Petruzzi Anthony $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $286,000 -4.7% $244 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/18/2021 09/18/21 For Sale $300,000 0.0% $256 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $300,000 -- $256 / 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 $8,394 $73,500 $27,100 $46,400
2023 $8,394 $73,500 $27,100 $46,400
2022 $8,294 $73,500 $27,100 $46,400
2021 $8,281 $73,500 $27,100 $46,400
2020 $8,241 $73,500 $27,100 $46,400
2019 $8,180 $73,500 $27,100 $46,400
2018 $8,042 $73,500 $27,100 $46,400
2017 $7,864 $73,500 $27,100 $46,400
2016 $7,712 $73,500 $27,100 $46,400
2015 $7,586 $73,500 $27,100 $46,400
2014 $7,336 $73,500 $27,100 $46,400
Source: Public Records

Agents Affiliated with this Home

  • Bill Flagg

    Seller's Agent in 2021

    Bill Flagg

    ERA QUEEN CITY REALTY

    (908) 603-8040

    4 in this area

    55 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3730351

Garden State MLS

APN: 16-02902-0000-00001

New Jersey Union County Scotch Plains 07076

2229 Paff Place, Scotch Plains, NJ

This home is located at 2229 Paff Place, Scotch Plains, NJ 07076 since 27 July 2021 and is currently estimated at $545,710, approximately $466 per square foot. This property was built in 1950. 2229 Paff Place is a home located in Union County with nearby schools including Evergreen Elementary School, Park Middle School, and Scotch Plains-Fanwood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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