NOT LISTED FOR SALE

5 Morgan Way Scotch Plains, NJ 07076

Estimated Value: $826,354 - $1,335,000

4 Beds
2.5 Baths
2,222 Sq Ft
$490/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $710,100 $320 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,280/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • J. Ackerman Coles Elementary School Rated A
  • Tennis Courts
  • Thermal Windows

About This Home

As of June 2018

Stately brick-front Colonial with a bright, sunny ambiance combines elegance & comfort.Located in desirable Stirling Chase community that offers tennis courts & private busing to Elem & Middle School. This home features a bright, sunny ambiance L.windows and gleaming HWD throughout. A soaring two-story foyer leads to FLRm & FDRm, perfect for entertaining. updated EIK w/ granite tops, SS appliances & w/ breakfast area is open to sunny FRm w/ gas fire plac & sliding glass doors leading out to the spacious paver patio w/view of the large private fenced in backyard ,The 2nd floor includes a large master bdrm suite, & 3 additional bed Rms. just minutes from top rated SPlains w/full time Kindergarten,/Union County magnet school, JCC, YMCA, restaurants, shopping & proximity to NY Public Transp.

Last Agent to Sell the Property

Naasa Sherbeini

COLDWELL BANKER REALTY Listed on: 04/18/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Shibu Thomas

ELITE REALTORS OF NEW JERSEY

ELITE REALTORS OF NEW JERSEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,534

Year Built

  • Built in 1997

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Paver Block

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

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

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Schools

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

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2916-12205-0000-00003-0000-
  • Tax Block *

Community Details

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,534

Year Built

Built in 1997

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1997
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Dryer, Refrigerator in the basement ,Washer, widw treatment in the MBr
  • Street Number Display: 5
  • Directions: S. Martine to Rambling Drive, rigth on Morgan Way
  • I D: 4793660
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Stirling Chase
  • First Name: NAASA
  • First Name3: SHIBU
  • Last Name: SHERBEINI
  • Last Name3: THOMAS
  • Office Phone: 908-301-2893
  • Office Phone3: 973-992-9009
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace, Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Range/Oven-Gas, Dishwasher, Microwave Oven
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 13x11
  • Kitchen Level: First
  • Living Room Dim: 15x12
  • Living Room Level: First
  • Level 1 Rooms: Laundry Room, Foyer, Living Room, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-233-5555

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Storage Shed, Underground Lawn Sprinkler, Patio, Storm Door(s), Open Porch(es), Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Paver Block

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Tennis Courts
  • Association Maintenance Fee: 95
  • Association Maintenance Fee Frequency: Monthly

Fee Information

  • Other Fee Freqency: R

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: .299 ACRE
  • Assessed Improvement Value: 107000
  • Assessed Land Value: 38200
  • Assessment: 145200
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.30

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15534
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2916-12205-0000-00003-0000-
  • Tax Rate Amount: 10.699
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Cole Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jun 22, 2018
Sold by
Mahadeshwar Anand R and Mahadeshwar Anuja
Bought by
Sukumar Kamath Sudheesh Kamath and Bhat Gargi Premananda
Seller's Agent
Naasa Sherbeini
COLDWELL BANKER REALTY
Buyer's Agent
Shibu Thomas
ELITE REALTORS OF NEW JERSEY
List Price
$699,900
Sold Price
$710,100
Premium/Discount to List
$10,200
1.46%
Current Estimated Value
$1,089,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,739
Avg. Annual Appreciation
6.02%
Original Mortgage
$617,787
Outstanding Balance
$535,478
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$554,361

Purchase Details

Closed on
May 30, 2013
Sold by
Mattan Mathukutty and Mattan Deenamma
Bought by
Mahadeshwar Anand and Mahadeshwar Anuja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
2.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2001
Sold by
Desantis Joseph A and Desantis Andrea C
Bought by
Mathan Mathukutty and Mathan Deenamma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 25, 1997
Sold by
Stirling Chase Inc
Bought by
Desantis Joseph A and Desantis Andrea C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Sukumar Kamath Sudheesh Kamath $710,100 Elite Title Group Llc
Mahadeshwar Anand $655,000 Nrt Title Agency Llc
Mathan Mathukutty $479,900 Chicago Title Insurance Co
Desantis Joseph A $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sukumar Kamath Sudheesh Kamath $617,787
Previous Owner Mahadeshwar Anand $524,000
Previous Owner Mathan Mathukutty $284,000
Previous Owner Desantis Joseph A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $710,100 +1.5% $320 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $699,900 -- $315 / 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 $17,087 $145,200 $38,200 $107,000
2024 $16,583 $145,200 $38,200 $107,000
2023 $16,583 $145,200 $38,200 $107,000
2022 $16,386 $145,200 $38,200 $107,000
2021 $16,358 $145,200 $38,200 $107,000
2020 $16,280 $145,200 $38,200 $107,000
2019 $16,159 $145,200 $38,200 $107,000
2018 $15,888 $145,200 $38,200 $107,000
2017 $15,535 $145,200 $38,200 $107,000
2016 $15,236 $145,200 $38,200 $107,000
2015 $14,986 $145,200 $38,200 $107,000
2014 $14,492 $145,200 $38,200 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3462507

Garden State MLS

APN: 16-12205-0000-00003