NOT LISTED FOR SALE

131 W Union Ave Bound Brook, NJ 08805

Estimated Value: $591,096 - $710,000

Studio
-- Bath
-- Sq Ft
12,197 Sq Ft Lot

Last Sold February 06, 2019

Last sale price $292,500

Est. 117% increase in value since last sale

Current estimated payment $4,109/month

19 Days on Market

About This Home

As of February 2019

This home is located at 131 W Union Ave, Bound Brook, NJ 08805 since 29 November 2018 and is currently estimated at $634,274. 131 W Union Ave is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.

Last Agent to Sell the Property

Jack Yao

REALMART REALTY Brokerage Phone: 888-362-6543 Listed on: 11/29/2018

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.28 Acre Lot

Property Details

Home Type

Multi-Family

Lot Details

0.28 Acres

Listing Details

  • County Name: Somerset
  • I D: 4855015
  • Attribution Contact: 888-362-6543
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 53X231
  • Total Acres: 0.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Martinez Felix
Bought by
Martinez Felix and Elena Castandmeda
Current Estimated Value
$634,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Outstanding Balance
$379,019
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$255,255

Purchase Details

Listed on
Nov 29, 2018
Closed on
Jan 31, 2019
Sold by
131 West Union Avenue Llc
Bought by
Martinez Felix
Seller's Agent
Jack Yao
REALMART REALTY
List Price
$299,999
Sold Price
$292,500
Premium/Discount to List
-$7,499
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$219,375
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2015
Sold by
Shelhamer Ralph A
Bought by
131 West Union Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Felix -- Vylla Title
Martinez Felix -- Vylla Title
Martinez Felix $292,500 Fidelity National Ttl Ins Co
131 West Union Avenue Llc $160,000 Attorney
Shelhamer Ralph A -- Agent For Old Republic Natl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Felix $395,000
Closed Martinez Felix $395,000
Previous Owner Martinez Felix $219,375
Previous Owner Shelhamer Ralph A $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2019 02/06/19 Sold $292,500 -2.5% --
12/18/2018 12/18/18 Pending -- -- --
11/29/2018 11/29/18 For Sale $299,999 -- --
Source: Garden State MLS

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 $9,273 $431,900 $206,600 $225,300
2024 $9,273 $408,700 $189,600 $219,100
2023 $8,913 $378,000 $164,100 $213,900
2022 $8,725 $350,700 $147,100 $203,600
2021 $8,684 $308,600 $138,600 $170,000
2020 $8,770 $284,100 $130,100 $154,000
2019 $9,057 $279,800 $125,800 $154,000
2018 $8,335 $250,000 $117,300 $132,700
2017 $8,391 $246,000 $117,300 $128,700
2016 $9,000 $265,800 $100,300 $165,500
2015 $10,708 $323,400 $108,800 $214,600
2014 $10,137 $295,700 $66,300 $229,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3517988

Garden State MLS

APN: 04-00076-0000-00008

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