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5 Dutch Lane

5 Dutch Lane, Scotch Plains, NJ 07076
Property in Union
Sold Jul 01, 2021
$1,970,000
$1,477,500 by Bmo Harris Bank Na
Mortgage Due Jul 01, 2051
Sold Apr 14, 2014
$825,000
$618,750 by Phh Home Loans Llc
Mortgage Due May 01, 2044
Local assessors in Scotch Plains, NJ have categorized 5 Dutch Lane as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 50,922 square feet. If we look only at the heated or air conditioned part of the building, then 5 Dutch Lane has a total of 4,840 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. 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, 5 Dutch Lane was last sold in Jun 26, 2021 for $1,970,000. According to our calculations, that's $407.02 per sqft. Prior to that sales transaction, the property was sold for $825,000 in Apr 9, 2014. Current property owners are expected to pay $39,642 in taxes per year. The property on 5 Dutch Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $347,100. To break that down further, the land itself was valued at $77,500. While improvements to the property were assessed at a total of $269,600. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 50,922
  • Total Building Area: 4,840
  • Building Area: 4,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FINAL PLAT DUTCH LANE ESTATES
  • Land Acres: 1.169
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DUBBIOSO MATTHEW
  • Current Owner 2: DUBBIOSO ILYSSA
  • Previous Owner : MARGOLIS ADAM L
  • Previous Owner 2: MARGOLIS ILLANA B
  • Owner Before Previous Owner: SCHIUMO MICHAEL
  • Owner Before Previous Owner 2: SCHIUMO CHRISTINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Account Number: 565230
  • District: 16
  • Parcel: 16 12201-0000-00023- 03
  • Block: 12201
  • Lot: 23.03
  • Municipality: SCOTCH PLAINS TWP
  • Latitude: 40.6261
  • Longitude: -74.3613

    Address

  • Full Address: 5 Dutch Ln
  • Address - House Number: 5
  • Address - Street Name: Dutch
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Scotch Plains
  • Carrier Code: C076
  • 4-Digit Zip Code: 2970
  • Zip Code: 07076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $39,642

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 1,567,719
  • High Value: 1,902,771
  • Low Value: 1,232,667

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,477,500
  • First Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • First Open Lien Mortgage Recording Date: Jul 01, 2021
  • First Open Lien Mortgage Loan Amount: $1,477,500
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $347,100
  • Market Land Value: $77,500
  • Market Improvement Value: $269,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,100
  • Assessed Land Value: $77,500
  • Assessed Improvements Value: $269,600

    Sales

  • Current Sale Contract Date: Jun 26, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Transaction ID: 11842025529
  • Current Sale Price: $1,970,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6438
  • Previous Sale Recording Date: Apr 14, 2014
  • Previous Sale Contract Date: Apr 09, 2014
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: Jul 01, 2021
  • First Mortgage Loan Amount: $1,477,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PHH HOME LOANS LLC
  • Previous Mortgage Transaction Date: Apr 14, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $618,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2044

About Union



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Frequently Asked Questions

What neighborhood is 5 Dutch Lane located in?
The 5 Dutch Lane is a located in the neighborhood of Union in Union, Scotch Plains.
What is the average sales price for listings in 5 Dutch Lane?
The average sales price for units in 5 Dutch Lane is $0 currently.

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