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1971 Portland Avenue

1971 Portland Avenue, Scotch Plains, NJ 07076
Property in Union
Sold May 11, 2021
$550,000
$440,000 by Millenium Home Mortgage Llc
Mortgage Due May 01, 2051
Sold Jun 04, 2015
$367,500
$330,750 by Bank Of America Na
Mortgage Due Jul 01, 2045
1971 Portland Avenue in Scotch Plains, NJ was first built in 1955 and is 69 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. 1971 Portland Avenue has 1,695 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,001 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1971 Portland Avenue was last sold in Apr 9, 2021 for $550,000. According to our calculations, that's $324.48 per sqft. Prior to that sales transaction, the property was sold for $367,500 in Jun 1, 2015. Current property owners are expected to pay $11,318 in taxes per year. The property on 1971 Portland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $99,100. To break that down further, the land itself was valued at $28,400. While improvements to the property were assessed at a total of $70,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,695
  • Building Area: 1,695
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,695
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCGINNISS AMELIA
  • Current Owner 2: GRANT GARRETT
  • Previous Owner : QUARINO ANTHONY
  • Previous Owner 2: QUARINO NINA M
  • Owner Before Previous Owner: MAROUKIAN GREGORY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Scotch Plains-Fanwood Regional School District
  • Census Tract: 038400

Geography

  • Account Number: 136600
  • District: 16
  • Parcel: 16 02303-0000-00027
  • Block: 2303
  • Lot: 27
  • Municipality: SCOTCH PLAINS TWP
  • Latitude: 40.649
  • Longitude: -74.3917

    Address

  • Full Address: 1971 Portland Ave
  • Address - House Number: 1971
  • Address - Street Name: Portland
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Scotch Plains
  • Carrier Code: C012
  • 4-Digit Zip Code: 1839
  • Zip Code: 07076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,318

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 675,828
  • High Value: 819,106
  • Low Value: 532,550

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: MILLENIUM HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Loan Amount: $440,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $99,100
  • Market Land Value: $28,400
  • Market Improvement Value: $70,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,100
  • Assessed Land Value: $28,400
  • Assessed Improvements Value: $70,700

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Transaction ID: 11835802333
  • Current Sale Price: $550,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 4527
  • Previous Sale Recording Date: Jun 04, 2015
  • Previous Sale Contract Date: Jun 01, 2015
  • Previous Sale Amount: $367,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MILLENIUM HOME MORTGAGE LLC
  • First Mortgage Transaction Date: May 11, 2021
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jun 04, 2015
  • Previous Mortgage Loan Amount: $330,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About Union



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Frequently Asked Questions

What neighborhood is 1971 Portland Avenue located in?
The 1971 Portland Avenue is a located in the neighborhood of Union in Union, Scotch Plains.
What is the average sales price for listings in 1971 Portland Avenue?
The average sales price for units in 1971 Portland Avenue is $0 currently.

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