NOT LISTED FOR SALE

232 W Franklin St Unit 234 Bound Brook, NJ 08805

Estimated Value: $668,700 - $735,000

-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold June 10, 2021

Last sale price $530,000

Est. 31% increase in value since last sale

Current estimated payment $4,736/month

21 Days on Market

About This Home

As of June 2021

This home is located at 232 W Franklin St Unit 234, Bound Brook, NJ 08805 since 07 April 2021 and is currently estimated at $696,425. This property was built in 1918. 232 W Franklin St Unit 234 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

Richard Babeu

RE/MAX ACHIEVERS Brokerage Phone: 908-522-9444 Listed on: 04/07/2021

RE/MAX ACHIEVERS

Last Buyer's Agent

Robert Oquist

RE/MAX ACHIEVERS

RE/MAX ACHIEVERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,700

Year Built

  • Built in 1918

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,700

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Year Built: 1918
  • County Name: Somerset
  • I D: 5061229
  • Attribution Contact: 908-522-9444
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X145
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 27, 2021
Sold by
Bound Brook Investment Llc
Bought by
Yu Xinyi and Yuan Ke
Seller's Agent
Richard Babeu
RE/MAX ACHIEVERS
Buyer's Agent
Robert Oquist
RE/MAX ACHIEVERS
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Current Estimated Value
$696,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,425
Avg. Annual Appreciation
6.31%
Original Mortgage
$382,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2021
Sold by
Barboni Elsa M
Bought by
Bound Brook Investment Llc

Purchase Details

Closed on
Dec 16, 2013
Sold by
Barboni Gerard and Barboni Elsa M
Bought by
Barboni Elsa M

Purchase Details

Closed on
May 30, 2007
Sold by
Haberin Marie
Bought by
Barboni Gerard and Barboni Elsa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Yu Xinyi $535,000 Techno Title Agency
Bound Brook Investment Llc $399,000 Island Title Corporation
Barboni Elsa M -- None Available
Barboni Gerard $259,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Xinyi $382,500
Previous Owner Barboni Gerard $181,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $530,000 +1.0% --
05/03/2021 05/03/21 Pending -- -- --
04/11/2021 04/11/21 For Sale $525,000 -- --
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
2025 $12,700 $589,600 $231,000 $358,600
2024 $12,700 $559,700 $211,000 $348,700
2023 $12,297 $521,500 $181,000 $340,500
2022 $12,069 $485,100 $161,000 $324,100
2021 $8,915 $335,600 $121,000 $214,600
2020 $9,119 $295,400 $101,000 $194,400
2019 $8,915 $275,400 $81,000 $194,400
2018 $8,255 $247,600 $81,000 $166,600
2017 $8,272 $242,500 $81,000 $161,500
2016 $9,074 $268,000 $61,000 $207,000
2015 $9,688 $292,600 $66,000 $226,600
2014 $12,485 $364,200 $46,000 $318,200
Source: Public Records

Agents Affiliated with this Home

  • Richard Babeu

    Seller's Agent in 2021

    Richard Babeu

    RE/MAX

    (908) 868-5372

    1 in this area

    5 Total Sales

    Richard Babeu
    Section Image
  • Robert Oquist

    Buyer's Agent in 2021

    Robert Oquist

    RE/MAX

    (201) 563-2980

    1 in this area

    47 Total Sales

    Robert Oquist
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3703155

Garden State MLS

APN: 04-00047-0000-00006

New Jersey Somerset County Bound Brook 08805

232 W Franklin St Unit 234, Bound Brook, NJ

Not Listed for Sale

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