NOT LISTED FOR SALE

217 Somerset St Bound Brook, NJ 08805

Estimated Value: $648,227 - $725,000

-- Bed
-- Bath
-- Sq Ft
0.49 Acres

Last Sold October 25, 2021

Last sale price $550,000

Est. 27% increase in value since last sale

Current estimated payment $4,946/month

38 Days on Market

About This Home

As of October 2021

This home is located at 217 Somerset St, Bound Brook, NJ 08805 since 03 July 2021 and is currently estimated at $699,807. This property was built in 1927. 217 Somerset St 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

April Tarantino

RE/MAX OUR TOWN Brokerage Phone: 732-419-9300 Listed on: 07/03/2021

RE/MAX OUR TOWN

Last Buyer's Agent

Nilmara Borrello

RE/MAX NEW MILLENNIUM GROUP

RE/MAX NEW MILLENNIUM GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,747

Year Built

  • Built in 1927

Lot Details

  • 0.49 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,747

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • County Name: Somerset
  • Street Number Display: 217
  • I D: 5082725
  • Modified: 2022-10-26
  • Number Images: 25
  • Attribution Contact: 732-419-9300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 79X268
  • Total Acres: 0.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Desantls Anthony
Bought by
Arruda Edmilton and Desouza Aurelice Spadetto
Total Days on Market
38
Current Estimated Value
$699,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,643
Outstanding Balance
$591,183
Interest Rate
3.05%
Estimated Equity
$105,039

Purchase Details

Listed on
Jul 3, 2021
Closed on
Oct 11, 2021
Sold by
Desantis Anthony
Bought by
Arruda Edmilton and Desouza Aurelice Spadetto
Seller's Agent
April Tarantino
RE/MAX OUR TOWN
Buyer's Agent
Nilmara Borrello
RE/MAX NEW MILLENNIUM GROUP
List Price
$568,000
Sold Price
$550,000
Premium/Discount to List
-$18,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$631,643
Interest Rate
2.98%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2006
Sold by
Desantis Anthony
Bought by
Desantis Anthony

Purchase Details

Closed on
May 17, 1990
Sold by
Proch Marian J
Bought by
Desantis Anthony and Desantis Nancy J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Arruda Edmilton $550,000 Stewart Title Guaranty Co
Desantis Anthony -- --
Desantis Anthony $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arruda Edmilton $631,643
Previous Owner Desantis Anthony $341,500
Previous Owner Desantis Anthony $356,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $550,000 0.0% --
08/10/2021 08/10/21 Pending -- -- --
07/19/2021 07/19/21 Price Changed $550,000 -3.2% --
07/03/2021 07/03/21 For Sale $568,000 -- --
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 $12,747 $561,800 $229,000 $332,800
2023 $12,474 $529,000 $204,000 $325,000
2022 $12,522 $503,300 $194,000 $309,300
2021 $10,305 $366,200 $109,000 $257,200
2020 $10,246 $331,900 $99,000 $232,900
2019 $10,420 $321,900 $89,000 $232,900
2018 $9,629 $288,800 $89,000 $199,800
2017 $9,643 $282,700 $89,000 $193,700
2016 $9,454 $294,200 $54,000 $240,200
2015 $10,390 $328,800 $64,000 $264,800
2014 $10,654 $325,800 $44,000 $281,800
Source: Public Records

Agents Affiliated with this Home

  • April Tarantino

    Seller's Agent in 2021

    April Tarantino

    RE/MAX

    (732) 735-3511

    1 in this area

    60 Total Sales

    April Tarantino
    Section Image
  • Nilmara Borrello

    Buyer's Agent in 2021

    Nilmara Borrello

    RE/MAX

    (973) 277-9663

    1 in this area

    64 Total Sales

    Nilmara Borrello
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3724756

Garden State MLS

APN: 04-00066-0000-00010

New Jersey Somerset County Bound Brook 08805

217 Somerset St, Bound Brook, NJ

This home is located at 217 Somerset St, Bound Brook, NJ 08805 since 03 July 2021 and is currently estimated at $699,807. This property was built in 1927. 217 Somerset St is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.

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