NOT LISTED FOR SALE

225 1/2 W Main St Bound Brook, NJ 08805

Estimated Value: $334,000 - $392,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold August 05, 2021

Last sale price $280,000

Est. 29% increase in value since last sale

Current estimated payment $2,527/month

13 Days on Market

About This Home

As of August 2021

This home is located at 225 1/2 W Main St, Bound Brook, NJ 08805 since 26 May 2021 and is currently estimated at $361,908. This property was built in 1924. 225 1/2 W Main 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

Laura Pallay

RE/MAX INSTYLE Brokerage Phone: 609-303-3456 Listed on: 05/26/2021

RE/MAX INSTYLE

Last Buyer's Agent

GRACE RAMIREZ

KELLER WILLIAMS ELITE REALTORS

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,065

Year Built

  • Built in 1924

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,065

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • County Name: Somerset
  • Street Number Display: 225 1/2
  • I D: 5072533
  • Modified: 2022-08-06
  • Number Images: 1
  • Attribution Contact: 609-303-3456
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X134
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Aug 4, 2021
Sold by
Dewelde Jarrett
Bought by
Melo Pablo S Pereyra
Seller's Agent
Laura Pallay
RE/MAX INSTYLE
Buyer's Agent
GRACE RAMIREZ
KELLER WILLIAMS ELITE REALTORS
List Price
$260,000
Sold Price
$280,000
Premium/Discount to List
$20,000
7.69%
Total Days on Market
13
Current Estimated Value
$361,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,908
Avg. Annual Appreciation
6.63%
Original Mortgage
$274,928
Outstanding Balance
$253,014
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$105,982

Purchase Details

Closed on
Aug 9, 2004
Sold by
Deets Jeffrey
Bought by
Deweide Jarrett

Purchase Details

Closed on
May 18, 1998
Sold by
Neill Cheryl
Bought by
Deets Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 1989
Sold by
Giammarco Salvatore J
Bought by
Wagner Cheryl
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
Melo Pablo S Pereyra $280,000 Fidelity Natl Ttl Ins Co
Deweide Jarrett $215,000 --
Deets Jeffrey $100,000 --
Wagner Cheryl $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melo Pablo S Pereyra $274,928
Previous Owner Dewelde Jarrett $150,400
Previous Owner Deets Jeffrey $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $280,000 +7.7% --
06/08/2021 06/08/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $260,000 -- --
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 $6,065 $267,300 $120,900 $146,400
2023 $5,820 $246,800 $103,900 $142,900
2022 $5,546 $222,900 $86,900 $136,000
2021 $5,114 $204,700 $69,900 $134,800
2020 $5,402 $175,000 $52,900 $122,100
2019 $5,114 $158,000 $35,900 $122,100
2018 $4,148 $124,400 $27,400 $97,000
2017 $4,141 $121,400 $27,400 $94,000
2016 $4,090 $120,800 $6,200 $114,600
2015 $4,351 $131,400 $6,200 $125,200
2014 $4,700 $137,100 $11,900 $125,200
Source: Public Records

Agents Affiliated with this Home

  • Laura Pallay

    Seller's Agent in 2021

    Laura Pallay

    RE/MAX

    (908) 310-0613

    6 in this area

    273 Total Sales

    Laura Pallay
    Section Image

  • G

    Buyer's Agent in 2021

    GRACE RAMIREZ

    KELLER WILLIAMS ELITE REALTORS

    2 in this area

    26 Total Sales

    GRACE RAMIREZ
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3715445

Garden State MLS

APN: 04-00004-0000-00021

New Jersey Somerset County Bound Brook 08805

225 1/2 W Main St, Bound Brook, NJ

This home is located at 225 1/2 W Main St, Bound Brook, NJ 08805 since 26 May 2021 and is currently estimated at $361,908. This property was built in 1924. 225 1/2 W Main 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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