NOT LISTED FOR SALE

221 W Franklin St Bound Brook, NJ 08805

Estimated Value: $553,941 - $588,000

3 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold February 28, 2014

Last sale price $280,000

Est. 102% increase in value since last sale

Current estimated payment $4,030/month

About This Home

As of February 2014

This home is located at 221 W Franklin St, Bound Brook, NJ 08805 since 28 February 2014 and is currently estimated at $566,485. This property was built in 1928. 221 W Franklin St is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,383

Year Built

  • 1928

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,383

Year Built

1928

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 221
  • I D: 4397383
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-658-9000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1928

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 50X223
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Suposs Collin Donald and Suposs Arthur Jill
Bought by
Spilatro Brian and Weaver Cassondra
Total Days on Market
0
Current Estimated Value
$566,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Outstanding Balance
$348,647
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$204,279

Purchase Details

Closed on
Jun 23, 2020
Sold by
Johnson Jeremee
Bought by
Arthur Jill M and Arthur Donald Collin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,600
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2016
Sold by
Johnson Jeremee and Roland Leo P
Bought by
Johnson Jeremee

Purchase Details

Closed on
Sep 18, 2014
Sold by
Johnson Jeremee
Bought by
Johnson Jeremee and Roland Leo P

Purchase Details

Listed on
Feb 28, 2014
Closed on
Feb 24, 2014
Sold by
Sciortino Leonardo A and Sciortino Shana
Bought by
Johnson Jeremee
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$188,237
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2009
Sold by
Karpinski John and Karpinski Carlene
Bought by
Sciortino Leonard A and Sciortino Shana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2004
Sold by
Karpinski William B
Bought by
Karpinski John and Karpinski Carlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.98%
Source: Public Records

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Range of Values:

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Average Value
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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
Spilatro Brian $415,000 Ntc
Arthur Jill M $354,000 Westcor Land Title Ins Co
Johnson Jeremee -- None Available
Johnson Jeremee -- None Available
Johnson Jeremee $280,000 None Available
Sciortino Leonard A $360,000 Alta Plain Language Title In
Karpinski John $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spilatro Brian $373,500
Previous Owner Arthur Jill M $318,600
Previous Owner Johnson Jeremee $203,000
Previous Owner Johnson Jeremee $188,237
Previous Owner Sciortino Leonard A $270,000
Previous Owner Karpinski John $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $280,000 -- --
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 $10,383 $457,600 $209,000 $248,600
2023 $9,979 $423,200 $180,500 $242,700
2022 $9,765 $392,500 $161,500 $231,000
2021 $10,519 $373,800 $123,500 $250,300
2020 $10,304 $333,800 $104,500 $229,300
2019 $10,051 $310,500 $85,500 $225,000
2018 $10,589 $317,600 $85,500 $232,100
2017 $10,680 $313,100 $85,500 $227,600
2016 $9,968 $294,400 $66,500 $227,900
2015 $8,983 $271,300 $71,300 $200,000
2014 $8,237 $240,300 $52,300 $188,000
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 3095580

Garden State MLS

APN: 04-00062-0000-00020