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1992 Parkwood Drive

1992 Parkwood Drive, Scotch Plains, NJ 07076
Property in Union
Sold Mar 01, 2021
$810,000
$648,000 by Home Point Financial Corporati
Mortgage Due Jan 01, 2051
Sold Jul 23, 1997
$282,000
$200,000 by American Federal Mtg Corp
Mortgage Due Jul 01, 2027
Local assessors in Scotch Plains, NJ have categorized 1992 Parkwood Drive as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 20,691 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1992 Parkwood Drive has a total of 2,282 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Oct 12, 2020 for $810,000. That's $354.95 per sqft. Prior to that sales transaction, the property was also sold in Jun 20, 1997 for $282,000. 1992 Parkwood Drive was last assessed in 2023. The total value of the property was assessed at $152,700. Specifically, the land the property is located on was valued at $51,500. While improvements on the property were assessed at a total of $101,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $17,440. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 20,691
  • Total Building Area: 2,282
  • Building Area: 2,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,282
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.475
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WOO WEON CHIL
  • Current Owner 2: CAHILL ADRIENNE P
  • Previous Owner : LEWAND BRIAN
  • Previous Owner 2: LEWAND SUSAN
  • Owner Before Previous Owner: HELLMAN CHARLES D
  • Owner Before Previous Owner 2: HELLMAN HOLLY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Scotch Plains-Fanwood Regional School District
  • Census Tract: 038601

Zoning

  • Zoning: R-2

Geography

  • Account Number: 501300
  • District: 16
  • Parcel: 16 10501-0000-00001
  • Block: 10501
  • Lot: 1
  • Municipality: SCOTCH PLAINS TWP
  • Latitude: 40.6328
  • Longitude: -74.362

    Address

  • Full Address: 1992 Parkwood Dr
  • Address - House Number: 1992
  • Address - Street Name: Parkwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Scotch Plains
  • Carrier Code: C021
  • 4-Digit Zip Code: 2620
  • Zip Code: 07076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,440

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 976,147
  • High Value: 1,183,093
  • Low Value: 769,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $648,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Loan Amount: $648,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $152,700
  • Market Land Value: $51,500
  • Market Improvement Value: $101,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,700
  • Assessed Land Value: $51,500
  • Assessed Improvements Value: $101,200

    Sales

  • Current Sale Contract Date: Oct 12, 2020
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Transaction ID: 11824059110
  • Current Sale Price: $810,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2108
  • Previous Sale Recording Date: Jul 23, 1997
  • Previous Sale Contract Date: Jun 20, 1997
  • Previous Sale Amount: $282,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Mar 01, 2021
  • First Mortgage Loan Amount: $648,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FEDERAL MTG CORP
  • Previous Mortgage Transaction Date: Jul 23, 1997
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2027

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Frequently Asked Questions

What neighborhood is 1992 Parkwood Drive located in?
The 1992 Parkwood Drive is a located in the neighborhood of Union in Union, Scotch Plains.
What is the average sales price for listings in 1992 Parkwood Drive?
The average sales price for units in 1992 Parkwood Drive is $0 currently.

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