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427 Sycamore Avenue

427 Sycamore Avenue, Scotch Plains, NJ 07076
Property in Union
Sold Mar 12, 2021
$667,000
$533,600 by Loandepot.com Llc
Mortgage Due Apr 01, 2051
Sold Apr 09, 2018
$587,500
$470,000 by Clifton Savings Bank
Mortgage Due Apr 01, 2048
427 Sycamore Avenue in Scotch Plains, NJ was first built in 1970 and is 54 years old. This has been categorized as a residential property type. There are a total of 2 floors. 427 Sycamore Avenue has 1,778 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 600 ft and the linear feet between the front and back of the lot is 1,050. In total, the area measurement of the land is 6,299 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 427 Sycamore Avenue sold most recently in Mar 9, 2021 for a total of $667,000. If you work out the math, that's approximately a cost of $375.14 per sqft. Before that, the property was also sold for $587,500 in Mar 16, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,522 in taxes each year. 427 Sycamore Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $118,400. If we break it down further, the land itself was valued at $18,400. Improvements to the property, however, were assessed at a total of $100,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,299
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,778
  • Building Area: 1,778
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,778
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND VIEW PARK
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KIM MICHAEL
  • Current Owner 2: HA CLAIRE T
  • Previous Owner : CARETSKY JONATHAN MICHA
  • Previous Owner 2: CARETSKY REBECCA ANN
  • Owner Before Previous Owner: GREEN 34A 36 WOODBINE AV LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Account Number: 74800
  • District: 16
  • Parcel: 16 01103-0000-00011
  • Block: 1103
  • Lot: 11
  • Municipality: SCOTCH PLAINS TWP
  • Latitude: 40.6483
  • Longitude: -74.3993

    Address

  • Full Address: 427 Sycamore Ave
  • Address - House Number: 427
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Scotch Plains
  • Carrier Code: C005
  • 4-Digit Zip Code: 1711
  • Zip Code: 07076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,522

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 746,824
  • High Value: 905,153
  • Low Value: 588,494

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $533,600
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Mar 12, 2021
  • First Open Lien Mortgage Loan Amount: $533,600
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $118,400
  • Market Land Value: $18,400
  • Market Improvement Value: $100,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,400
  • Assessed Land Value: $18,400
  • Assessed Improvements Value: $100,000

    Sales

  • Current Sale Contract Date: Mar 09, 2021
  • Current Sale Recording Date: Mar 12, 2021
  • Current Sale Transaction ID: 11826176800
  • Current Sale Price: $667,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2603
  • Previous Sale Recording Date: Apr 09, 2018
  • Previous Sale Contract Date: Mar 16, 2018
  • Previous Sale Amount: $587,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Mar 12, 2021
  • First Mortgage Loan Amount: $533,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CLIFTON SAVINGS BANK
  • Previous Mortgage Transaction Date: Apr 09, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $470,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About Union



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Nearby Rentals

Unit for rent at

$2,750 /mo

  • 2 Beds
  • 1 Bath
  • 790 ft²
Listing by Barbara Bodnar

Frequently Asked Questions

What neighborhood is 427 Sycamore Avenue located in?
The 427 Sycamore Avenue is a located in the neighborhood of Union in Union, Scotch Plains.
What is the average sales price for listings in 427 Sycamore Avenue?
The average sales price for units in 427 Sycamore Avenue is $0 currently.

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