NOT LISTED FOR SALE

261 W Main St Bound Brook, NJ 08805

Estimated Value: $527,000 - $561,000

Studio
-- Bath
-- Sq Ft
15,682 Sq Ft Lot

Last Sold January 26, 2021

Last sale price $325,000

Est. 67% increase in value since last sale

Current estimated payment $3,549/month

20 Days on Market

About This Home

As of January 2021

This home is located at 261 W Main St, Bound Brook, NJ 08805 since 15 October 2020 and is currently estimated at $542,750. This property was built in 1895. 261 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

MARIO VISCO JR

APPLE REALTY Listed on: 10/15/2020

Last Buyer's Agent

DEYANIRA MISSERI

NEST SEEKERS NEW JERSEY LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 0.36 Acre Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0.36 Acres

Listing Details

  • Year Built: 1895
  • County Name: Somerset
  • I D: 5025168
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 90X172
  • Total Acres: 0.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Jan 18, 2021
Sold by
Fugazzi Joseph
Bought by
Duran Christopher
Seller's Agent
MARIO VISCO JR
APPLE REALTY
Buyer's Agent
DEYANIRA MISSERI
NEST SEEKERS NEW JERSEY LLC
List Price
$359,900
Sold Price
$325,000
Premium/Discount to List
-$34,900
-9.7%
Current Estimated Value
$542,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,750
Avg. Annual Appreciation
10.51%
Original Mortgage
$343,295
Outstanding Balance
$305,796
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$236,954

Purchase Details

Closed on
Oct 2, 2018
Sold by
Morelock Allan K and Morelock Allen K
Bought by
Fugazzi Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,431
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2005
Sold by
Taylor Lonnie S
Bought by
Morelock Allen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.81%
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
Duran Christopher $325,000 Foundation Ttl Llc East Brun
Fugazzi Joseph $197,000 Multiple
Morelock Allen K $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duran Christopher $343,295
Previous Owner Fugazzi Joseph $193,431
Previous Owner Morelock Allen K $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2021 01/26/21 Sold $325,000 +4.9% --
11/04/2020 11/04/20 Pending -- -- --
10/27/2020 10/27/20 Price Changed $309,901 0.0% --
10/27/2020 10/27/20 Price Changed $309,900 -13.9% --
10/15/2020 10/15/20 For Sale $359,900 +82.7% --
12/05/2018 12/05/18 Sold $197,000 +1.1% -- View Prior Sale
08/06/2018 08/06/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $194,900 -- --
Source: Garden State MLS

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 $8,699 $429,700 $143,700 $286,000
2024 $8,699 $383,400 $126,700 $256,700
2023 $8,498 $360,400 $109,700 $250,700
2022 $8,243 $331,300 $92,700 $238,600
2021 $9,117 $324,000 $75,700 $248,300
2020 $6,705 $217,200 $58,700 $158,500
2019 $6,480 $200,200 $41,700 $158,500
2018 $6,541 $196,200 $33,200 $163,000
2017 $6,607 $193,700 $33,200 $160,500
2016 $6,444 $190,300 $11,900 $178,400
2015 $6,360 $192,100 $11,900 $180,200
2014 $7,374 $215,100 $34,900 $180,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MARIO VISCO JR

    APPLE REALTY

  • D

    Buyer's Agent in 2021

    DEYANIRA MISSERI

    NEST SEEKERS NEW JERSEY LLC

  • Matthew Zavatsky

    Seller's Agent in 2018

    Matthew Zavatsky

    KELLER WILLIAMS TOWNE SQUARE REAL

    (732) 642-9516

    3 in this area

    65 Total Sales

    Matthew Zavatsky
    Section Image

  • L

    Buyer's Agent in 2018

    LORI BOCKOWSKI

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3672048

Garden State MLS

APN: 04-00004-0000-00026

New Jersey Somerset County Bound Brook 08805

261 W Main St, Bound Brook, NJ

Not Listed for Sale

MultiFamily

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