12 Drake St Bound Brook, NJ 08805
Estimated Value: $548,318 - $578,000
--
Bed
--
Bath
1,946
Sq Ft
$288/Sq Ft
Est. Value
About This Home
This home is located at 12 Drake St, Bound Brook, NJ 08805 and is currently estimated at $560,080, approximately $287 per square foot. 12 Drake St is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 6, 2018
Sold by
Secretary O F Hud
Bought by
Lanniello Gennaro and Lanniello Toni
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,708
Outstanding Balance
$261,983
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$298,097
Purchase Details
Closed on
Dec 2, 2003
Sold by
Funez Elsa
Bought by
Cueto Felix E and Cueto Rogelio
Purchase Details
Closed on
Aug 27, 1992
Sold by
Funez Elsa and Funez Tejada,Gilbert
Bought by
Funex Elsa
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lanniello Gennaro | $215,505 | Old Republic Natl Title Ins | |
| Cueto Felix E | $280,000 | -- | |
| Funex Elsa | -- | -- | |
| Funez Funez E | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lanniello Gennaro | $304,708 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $10,040 | $492,800 | $176,000 | $316,800 |
| 2024 | $10,040 | $442,500 | $156,000 | $286,500 |
| 2023 | $9,684 | $410,700 | $131,000 | $279,700 |
| 2022 | $9,260 | $372,200 | $106,000 | $266,200 |
| 2021 | $8,782 | $312,100 | $76,000 | $236,100 |
| 2020 | $8,431 | $273,100 | $56,000 | $217,100 |
| 2019 | $7,840 | $242,200 | $36,000 | $206,200 |
| 2018 | $6,781 | $203,400 | $36,000 | $167,400 |
| 2017 | $6,764 | $198,300 | $36,000 | $162,300 |
| 2016 | $7,260 | $214,400 | $16,000 | $198,400 |
| 2015 | $9,142 | $276,100 | $16,000 | $260,100 |
| 2014 | $9,465 | $276,100 | $16,000 | $260,100 |
Source: Public Records
Map
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