NOT LISTED FOR SALE

245 W Franklin St Bound Brook, NJ 08805

Estimated Value: $473,000 - $537,163

3 Beds
2 Baths
1,328 Sq Ft
$383/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $405,000 $305 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,582/month

86 Days on Market

About This Home

As of October 2023

This home is located at 245 W Franklin St, Bound Brook, NJ 08805 since 02 July 2023 and is currently estimated at $508,041, approximately $382 per square foot. 245 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.

Last Agent to Sell the Property

David Guirguess

REALTY ONE GROUP CENTRAL Brokerage Phone: 732-348-3777 Listed on: 07/02/2023

REALTY ONE GROUP CENTRAL

Last Buyer's Agent

ELVIN SEVILLA-COREA

RE/MAX FIRST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,766

Lot Details

  • 0.34 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,766

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 245
  • I D: 5230718
  • Modified: 2024-10-25
  • Number Images: 1
  • Attribution Contact: 732-348-3777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 50X293
  • Total Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2010
Sold by
Meystelman Alexander and Meystelman Sabina
Bought by
Meystelman Sabina
Current Estimated Value
$508,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2004
Sold by
Filep Jason
Bought by
Meystelman Alexander and Meystelman Sabina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.3%

Purchase Details

Closed on
Jul 30, 2002
Sold by
Miller Ryan
Bought by
Filep Jason and Held Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
6.64%

Purchase Details

Closed on
Jul 28, 1999
Sold by
Jones Dianne
Bought by
Miller Ryan and Ganley Dorinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.65%

Purchase Details

Closed on
Aug 17, 1988
Sold by
Nardone William C and Nardone Beth M
Bought by
Jones Gregory S and Jones Dianne
Source: Public Records

Range of Values:

Collateral Analytics

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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
Meystelman Sabina -- None Available
Meystelman Alexander $292,500 --
Filep Jason $226,000 --
Miller Ryan $167,000 --
Jones Gregory S $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Meystelman Sabina $245,000
Closed Meystleman Sabina $256,000
Closed Meystelman Alexander $234,000
Previous Owner Filep Jason $188,800
Previous Owner Miller Ryan $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $405,000 +1.3% $305 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/03/2023 09/03/23 Price Changed $399,900 -7.0% $301 / Sq Ft
08/24/2023 08/24/23 For Sale $429,999 0.0% $324 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/03/2023 08/03/23 Price Changed $429,999 -2.3% $324 / Sq Ft
07/02/2023 07/02/23 For Sale $439,999 -- $331 / Sq Ft
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 $9,766 $430,400 $216,600 $213,800
2023 $9,359 $396,900 $188,100 $208,800
2022 $9,151 $367,800 $169,100 $198,700
2021 $7,694 $285,700 $131,100 $154,600
2020 $7,853 $254,400 $112,100 $142,300
2019 $7,694 $237,700 $93,100 $144,600
2018 $7,998 $239,900 $93,100 $146,800
2017 $8,108 $237,700 $93,100 $144,600
2016 $7,649 $225,900 $74,100 $151,800
2015 $6,854 $207,000 $78,900 $128,100
2014 $6,445 $188,000 $59,900 $128,100
Source: Public Records

Agents Affiliated with this Home

  • David Guirguess

    Seller's Agent in 2023

    David Guirguess

    REALTY ONE GROUP CENTRAL

    (201) 341-9001

    1 in this area

    17 Total Sales

    David Guirguess
    Section Image

  • E

    Buyer's Agent in 2023

    ELVIN SEVILLA-COREA

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3852340

Garden State MLS

APN: 04-00062-0000-00026

New Jersey Somerset County Bound Brook 08805

245 W Franklin St, Bound Brook, NJ

This home is located at 245 W Franklin St, Bound Brook, NJ 08805 since 02 July 2023 and is currently estimated at $508,041, approximately $382 per square foot. 245 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.

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