NOT LISTED FOR SALE

249 W Franklin St Bound Brook, NJ 08805

Estimated Value: $657,000 - $742,000

-- Bed
-- Bath
1,352 Sq Ft
$516/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $486,500 $360 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,750/month

13 Days on Market

About This Home

As of October 2019

This home is located at 249 W Franklin St, Bound Brook, NJ 08805 since 02 August 2019 and is currently estimated at $696,972, approximately $515 per square foot. 249 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 Buyer's Agent

Siu Wong

KL SOTHEBY'S INT'L. REALTY

KL SOTHEBY'S INT'L. REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,827

Lot Details

  • 0.34 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,827

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 4919944
  • Attribution Contact: 908-685-0700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X297
  • Total Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Sep 25, 2019
Sold by
Gocek Nadezda and Gvozdenovic Zeljko
Bought by
Pranzo Lawrence and Pranzo Maria M
Buyer's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
List Price
$498,888
Sold Price
$486,500
Premium/Discount to List
-$12,388
-2.48%
Current Estimated Value
$696,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,472
Avg. Annual Appreciation
6.03%
Original Mortgage
$360,000
Outstanding Balance
$316,021
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$380,951

Purchase Details

Closed on
May 17, 2014
Sold by
Gocek Scott
Bought by
Gocek Nadezda and Gvozdenovic Zeljko

Purchase Details

Closed on
Dec 16, 2009
Sold by
Gocek Scott and Gocek Nadezda
Bought by
Gocek Scott and Gocek Nadezda

Purchase Details

Closed on
Nov 3, 2005
Sold by
Savage Kenneth
Bought by
Gocek Scott and Gocek Nadezda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2004
Sold by
Jala Bernice C
Bought by
Savage Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,596
Interest Rate
5.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Pranzo Lawrence $486,500 Prestige Title Agency Inc
Gocek Nadezda -- Alta
Gocek Scott -- None Available
Gocek Scott $325,000 --
Gocek Scott $325,000 Title Ins Commitment
Savage Kenneth $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pranzo Lawrence $360,000
Previous Owner Gocek Scott $260,000
Previous Owner Savage Kenneth $280,596
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2019 10/07/19 Sold $486,500 -2.5% $360 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $498,888 -- $369 / 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
2025 $12,827 $594,100 $236,600 $357,500
2024 $12,827 $565,300 $217,600 $347,700
2023 $12,464 $528,600 $189,100 $339,500
2022 $13,701 $550,700 $170,100 $380,600
2021 $10,025 $457,100 $132,100 $325,000
2020 $12,688 $411,000 $113,100 $297,900
2019 $10,025 $309,700 $94,100 $215,600
2018 $9,409 $282,200 $94,100 $188,100
2017 $9,428 $276,400 $94,100 $182,300
2016 $9,884 $306,900 $75,100 $231,800
2015 $10,791 $340,900 $79,800 $261,100
2014 $10,521 $321,900 $60,800 $261,100
Source: Public Records

Agents Affiliated with this Home

  • Siu Wong

    Buyer's Agent in 2019

    Siu Wong

    KL SOTHEBY'S INT'L. REALTY

    (908) 581-9593

    251 Total Sales

    Siu Wong
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Map

Source: Garden State MLS

MLS Number: 3577647

Garden State MLS

APN: 04-00062-0000-00027

New Jersey Somerset County Bound Brook 08805

249 W Franklin St, Bound Brook, NJ

Not Listed for Sale

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