$800,000
SOLD FEB 11, 2020

5 Frances Ln Scotch Plains, NJ 07076

4 Beds
4 Baths
2,674 Sq Ft
0.92 Acres

Recently Sold

$299 Per Sq Ft

3% Below List Price

48 Days on Market

Highlights

  • 0.92 Acre Lot
  • Colonial Architecture
  • Wooded Lot
  • J. Ackerman Coles Elementary School Rated A
  • Recreation Room
  • 3-minute walk to Ponderosa Farm Park

About This Home

As of February 2020

Your Dream Home Awaits! COMPLETELY RENO'D 4 BR Colonial in sought after Scotch Plains boasts features to fall in love with! Pristine landscaping on a peaceful cul-de-sac exudes curb appeal. Step in to find BRAND NEW HW flrs, NEW DOORS , NEW molding & a fresh prof. neutral palette extending all through. Spacious&bright LR & FDR feat. gorgeous wainscotting&NEW picture windows that illuminate the rms. NEW GOURMET EIK feat. sleek SS Appl., granite counters, premium cabinetry & sunsoaked Dinette area w/sliders to the yard- ideal for entertaining! Sizable FR holds a reno'd FP to warm those chilly nights! Upstairs, the main bath + 4 large BRs, inc the Master! MBR boasts a WIC & updated ensuite bath. Breathtaking finished basement amplifies the space-WOW! Big Yard w/Patio, too! NEW ROOF. HWH, LIGHTS&MORE! A MUST SEE!

Last Agent to Sell the Property

Robert Dekanski

RE/MAX 1ST ADVANTAGE Listed on: 10/15/2019

RE/MAX 1ST ADVANTAGE

Co-Listed By

MICHAEL LAICO

RE/MAX 1ST ADVANTAGE

Last Buyer's Agent

Deborah Citarella

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,702

Year Built

  • Built in 1972

Lot Details

  • 0.92 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,674 Sq Ft Home
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Cole Elementary School
  • Terrill Middle School
  • Sp Fanwood High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2916-12101-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,702

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Detached
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1972
  • Year Built Description: Unknown
  • County Name: Union
  • Exclusions: Personal Belongings.
  • Street Number Display: 5
  • Directions: From Rte 28 to Terrill Rd to Cooper Rd to Frances Ln.
  • I D: 4938204
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: ROBERT
  • First Name2: MICHAEL
  • First Name3: DEBORAH
  • Last Name: DEKANSKI
  • Last Name2: LAICO
  • Last Name3: CITARELLA
  • Office Phone: 732-827-5344
  • Office Phone2: 732-382-0200
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace, Family Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Utility Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 18x12
  • Kitchen Level: First
  • Living Room Dim: 22x13
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 8x8
  • Other Room1 Level: First
  • Level 1 Rooms: Laundry Room, Foyer, Living Room, Dining Room, Powder Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 2674
  • Phone: 732-827-5344

Exterior Features

  • Exterior Description: Stone, Stucco, Vinyl Siding
  • Exterior Features: Patio, Open Porch(es), Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Cole Elem
  • Middle School: Terrill MS
  • High School: SP Fanwood
  • High School: SP Fanwood
  • Middle Jr High School: Terrill MS

Lot Info

  • Lot Size: 000.921 AC
  • Assessed Improvement Value: 134700
  • Assessed Land Value: 54500
  • Assessment: 189200
  • Easement: Unknown
  • Lot Description: Level Lot, Cul-De-Sac, Wooded Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.92
  • Zoning: R1

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 20702
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2916-12101-0000-00004-0000-
  • Tax Rate Amount: 10.942
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Cole Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Feb 10, 2020
Sold by
5 Frances Lane Llc
Bought by
Lavecchia Thomas
Seller's Agent
Robert Dekanski
RE/MAX 1ST ADVANTAGE
Buyer's Agent
Deborah Citarella
COLDWELL BANKER REALTY
List Price
$824,900
Sold Price
$800,000
Premium/Discount to List
-$24,900
-3.02%
Current Estimated Value
$1,268,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,723
Avg. Annual Appreciation
8.55%
Original Mortgage
$720,000
Outstanding Balance
$661,807
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$606,916

Purchase Details

Listed on
Sep 13, 2018
Closed on
Nov 7, 2018
Sold by
Sun West Mortgage Company Inc
Bought by
5 Frances Lane Llc
Seller's Agent
Manal Amer
C-21 SEMIAO & ASSOCIATES
Buyer's Agent
FATEN MAHRAN
COLDWELL BANKER REALTY
List Price
$465,000
Sold Price
$509,000
Premium/Discount to List
$44,000
9.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.58%

Purchase Details

Closed on
May 8, 2018
Sold by
Seifert George H and Seifert Monica A
Bought by
Sun Wets Mortgage Company Inc
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 Type Sale Price Title Company
Deed $800,000 First American Title Ins Co
Deed $509,000 Nrt Title Agency Llc
Deed $1,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,000 New Conventional
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $800,000 -3.0% $299 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $824,900 +62.1% $308 / Sq Ft
11/12/2018 11/12/18 Sold $509,000 +9.5% --
10/14/2018 10/14/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $465,000 -- --
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 $22,265 $189,200 $54,500 $134,700
2024 $21,609 $189,200 $54,500 $134,700
2023 $21,609 $189,200 $54,500 $134,700
2022 $21,351 $189,200 $54,500 $134,700
2021 $21,315 $189,200 $54,500 $134,700
2020 $21,213 $189,200 $54,500 $134,700
2019 $21,056 $189,200 $54,500 $134,700
2018 $20,702 $189,200 $54,500 $134,700
2017 $20,243 $189,200 $54,500 $134,700
2016 $19,853 $189,200 $54,500 $134,700
2015 $19,527 $189,200 $54,500 $134,700
2014 $18,884 $189,200 $54,500 $134,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3594841

Garden State MLS

APN: 16-12101-0000-00004