NOT LISTED FOR SALE

553 Scotland Rd Orange, NJ 07050

Estimated Value: $324,000 - $413,000

3 Beds
1 Bath
936 Sq Ft
$384/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $225,000 $240 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,553/month

7 Days on Market

About This Home

As of April 2023

This home is located at 553 Scotland Rd, Orange, NJ 07050 since 23 February 2023 and is currently estimated at $359,889, approximately $384 per square foot. This property was built in 1904. 553 Scotland Rd is a home located in Essex County.

Last Agent to Sell the Property

VAUGHN A. SMITH

C-21 CHRISTEL REALTY Brokerage Phone: 973-913-5055 Listed on: 02/23/2023

Last Buyer's Agent

Michael Tiago

REAL

REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,100

Year Built

  • Built in 1904

Lot Details

  • 1,660 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,100

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Year Built: 1904
  • County Name: Essex
  • Street Number Display: 553
  • I D: 5205277
  • Modified: 2024-04-25
  • Number Images: 1
  • Attribution Contact: 973-913-5055
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 1660 SF
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Nov 25, 2020
Sold by
Wjb Innovative Solutions Llc
Bought by
Paul Lorchesca
Seller's Agent
HENRI DESIR
CENTRAL 2000'S MANAGEMENT REALTY
Buyer's Agent
STANLEY FRANCOIS
REALTY ONE GROUP SUNRISE
List Price
$195,000
Sold Price
$205,000
Premium/Discount to List
$10,000
5.13%
Current Estimated Value
$359,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,889
Avg. Annual Appreciation
12.58%
Original Mortgage
$201,286
Interest Rate
2.6%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 30, 2019
Closed on
Oct 16, 2019
Sold by
Wilmington Svgs Fund Soc
Bought by
Wjb Innovative Solutions
Seller's Agent
Damon Redmond
COLDWELL BANKER REALTY
List Price
$115,000
Sold Price
$91,128
Premium/Discount to List
-$23,872
-20.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.39%

Purchase Details

Closed on
May 4, 2001
Sold by
Mech Joan
Bought by
Jackson Millicent and Scott James
Source: Public Records

Range of Values:

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
Paul Lorchesca $205,000 Main Street Title
Wjb Innovative Solutions $91,128 --
Jackson Millicent $46,000 --
Jackson Millicent $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paul Lorchesca $201,286
Previous Owner Scott Millicent J $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $225,000 0.0% $240 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/26/2023 02/26/23 For Sale $225,000 +9.8% $240 / Sq Ft
11/25/2020 11/25/20 Sold $205,000 +5.1% $188 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $195,000 -11.3% $179 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $219,900 +141.3% $202 / Sq Ft
10/25/2019 10/25/19 Sold $91,128 -20.8% $84 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $115,000 -- $106 / 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 $7,100 $190,500 $62,700 $127,800
2024 $7,100 $190,500 $62,700 $127,800
2023 $6,603 $190,500 $62,700 $127,800
2022 $6,603 $190,500 $62,700 $127,800
2021 $5,930 $102,600 $43,700 $58,900
2020 $5,753 $102,600 $43,700 $58,900
2019 $5,453 $102,600 $43,700 $58,900
2018 $5,366 $102,600 $43,700 $58,900
2017 $4,997 $102,600 $43,700 $58,900
2016 $4,902 $102,600 $43,700 $58,900
2015 $4,774 $102,600 $43,700 $58,900
2014 $4,565 $102,600 $43,700 $58,900
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2023

    VAUGHN A. SMITH

    C-21 CHRISTEL REALTY

  • Michael Tiago

    Buyer's Agent in 2023

    Michael Tiago

    REAL

    (201) 281-8997

    1 in this area

    29 Total Sales

    Michael Tiago
    Section Image

  • H

    Seller's Agent in 2020

    HENRI DESIR

    CENTRAL 2000'S MANAGEMENT REALTY

  • S

    Buyer's Agent in 2020

    STANLEY FRANCOIS

    REALTY ONE GROUP SUNRISE

  • Damon Redmond

    Seller's Agent in 2019

    Damon Redmond

    COLDWELL BANKER REALTY

    (201) 294-1154

    11 Total Sales

    Damon Redmond
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3830123

Garden State MLS

APN: 17-06005-0000-00007

New Jersey Essex County Orange 07050

553 Scotland Rd, Orange, NJ

This home is located at 553 Scotland Rd, Orange, NJ 07050 since 23 February 2023 and is currently estimated at $359,889, approximately $384 per square foot. This property was built in 1904. 553 Scotland Rd is a home located in Essex County.

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