NOT LISTED FOR SALE

228 Chestnut St Bound Brook, NJ 08805

Estimated Value: $460,970 - $499,000

3 Beds
1 Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold August 24, 2023

Last sale price $400,000

Est. 18% increase in value since last sale

Current estimated payment $3,210/month

14 Days on Market

About This Home

As of August 2023

This home is located at 228 Chestnut St, Bound Brook, NJ 08805 since 13 June 2023 and is currently estimated at $472,743. This property was built in 1955. 228 Chestnut 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

Gisel Lainez-Jimenez

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 06/13/2023

EXP REALTY, LLC

Last Buyer's Agent

ZALAK OZA

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,678

Year Built

  • Built in 1955

Lot Details

  • 5,227 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,678

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Somerset
  • Street Number Display: 228
  • I D: 5226870
  • Modified: 2024-08-25
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Aug 21, 2023
Sold by
Burgos Justin and Burgos Elizabeth
Bought by
Gonzalez Jose Camilo Guzma and Guzman Ivannia
Seller's Agent
Gisel Lainez-Jimenez
EXP REALTY, LLC
Buyer's Agent
ZALAK OZA
EXP REALTY, LLC
List Price
$380,000
Sold Price
$400,000
Premium/Discount to List
$20,000
5.26%
Views
1
Current Estimated Value
$472,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,743
Avg. Annual Appreciation
8.58%
Original Mortgage
$15,000
Interest Rate
6.96%

Purchase Details

Closed on
Dec 9, 2021
Sold by
Burgos Justin and Burgos Elizabeth
Bought by
Burgos Justin

Purchase Details

Closed on
Nov 25, 1997
Sold by
Boettcher Virginia
Bought by
Burgos Justin and Burgos Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gonzalez Jose Camilo Guzma $400,000 First American Title
Burgos Justin -- Amrock Inc
Burgos Justin $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Ivannia $15,637
Closed Gonzalez Jose Camilo Guzma $15,000
Open Gonzalez Jose Camilo Guzma $376,475
Previous Owner Burgos Justin $232,500
Previous Owner Burgos Justin $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $400,000 +5.3% --
06/27/2023 06/27/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $380,000 -- --
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 $7,678 $338,400 $211,000 $127,400
2023 $7,439 $315,500 $181,000 $134,500
2022 $7,051 $283,400 $166,000 $117,400
2021 $7,463 $265,200 $151,000 $114,200
2020 $6,927 $224,400 $121,000 $103,400
2019 $6,293 $194,400 $91,000 $103,400
2018 $6,481 $194,400 $91,000 $103,400
2017 $6,181 $181,200 $81,000 $100,200
2016 $6,383 $188,500 $66,000 $122,500
2015 $6,605 $199,500 $91,000 $108,500
2014 $6,839 $199,500 $91,000 $108,500
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gisel Lainez-Jimenez

    EXP REALTY, LLC

    (908) 246-4935

    1 in this area

    32 Total Sales

    Gisel Lainez-Jimenez
    Section Image

  • Z

    Buyer's Agent in 2023

    ZALAK OZA

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3848941

Garden State MLS

APN: 04-00102-0000-00013

New Jersey Somerset County Bound Brook 08805

228 Chestnut St, Bound Brook, NJ

This home is located at 228 Chestnut St, Bound Brook, NJ 08805 since 13 June 2023 and is currently estimated at $472,743. This property was built in 1955. 228 Chestnut 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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