NOT LISTED FOR SALE

10 Franklin St South Bound Brook, NJ 08880

Estimated Value: $516,669 - $694,000

-- Bed
-- Bath
-- Sq Ft
0.26 Acres

Last Sold December 27, 2019

Last sale price $425,000

Est. 42% increase in value since last sale

Current estimated payment $4,446/month

54 Days on Market

About This Home

As of December 2019

This home is located at 10 Franklin St, South Bound Brook, NJ 08880 since 11 September 2019 and is currently estimated at $601,417. This property was built in 1922. 10 Franklin St is a home located in Somerset County with nearby schools including Robert Morris School and Green Brook Academy.

Last Agent to Sell the Property

MARIA LEWIS

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 732-560-0200 Listed on: 09/11/2019

Last Buyer's Agent

Nicole Palmeri

RE/MAX SELECT

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,995

Year Built

  • Built in 1922

Lot Details

  • 0.26 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,995

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Somerset
  • Street Number Display: 10
  • I D: 4916541
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 732-560-0200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 88X130
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Dec 18, 2019
Sold by
Davis James
Bought by
Gong Min and Frogoso Maria Regina A
Seller's Agent
MARIA LEWIS
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Nicole Palmeri
RE/MAX SELECT
List Price
$425,000
Sold Price
$425,000
Total Days on Market
54
Current Estimated Value
$601,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,417
Avg. Annual Appreciation
6.57%
Original Mortgage
$340,000
Outstanding Balance
$304,405
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$297,012

Purchase Details

Listed on
May 7, 2012
Closed on
May 1, 2012
Sold by
Torres Jairo
Bought by
Davis James
Seller's Agent
JOHN W. ZELLWEGER
BHHS FOX & ROACH
Buyer's Agent
Stewart Daniels
RE/MAX PINNACLE
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$227,250
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2001
Sold by
Sylvester Dominick
Bought by
Torres Jairo and Torres Niria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,990
Interest Rate
6.85%
Source: Public Records

Range of Values:

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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
Gong Min $425,000 Chicago Title Insurance Co
Davis James -- None Available
Torres Jairo $144,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gong Min $340,000
Previous Owner Davis James $50,000
Previous Owner Davis James $227,250
Previous Owner Torres Jairo $136,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $425,000 0.0% --
11/04/2019 11/04/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $425,000 +70.0% --
05/07/2012 05/07/12 Sold $250,000 -- --
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
2024 $12,995 $340,000 $96,000 $244,000
2023 $12,872 $340,000 $96,000 $244,000
2022 $12,029 $340,000 $96,000 $244,000
2021 $11,856 $340,000 $96,000 $244,000
2020 $11,278 $340,000 $96,000 $244,000
2019 $8,508 $250,000 $96,000 $154,000
2018 $8,460 $250,000 $96,000 $154,000
2017 $8,430 $250,000 $96,000 $154,000
2016 $8,240 $250,000 $96,000 $154,000
2015 $8,023 $250,000 $96,000 $154,000
2014 $10,201 $325,700 $96,000 $229,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3586612

Garden State MLS

APN: 19-00058-0000-00006