$197,000
SOLD DEC 5, 2018

261 W Main St Bound Brook, NJ 08805

-- Bed
-- Bath
-- Sq Ft
0.36 Acres

Recently Sold

1% Above List Price

32 Days on Market

About This Home

As of January 2021

This home is located at 261 W Main St, Bound Brook, NJ 08805 and is currently priced at $197,000. 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

Matthew Zavatsky

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 732-560-0200 Listed on: 07/05/2018

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

LORI BOCKOWSKI

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,699

Lot Details

  • 0.36 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,699

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 261
  • I D: 4819544
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 732-560-0200
  • 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 16, 2020
Closed on
Jan 18, 2021
Sold by
Fugazzi Joseph
Bought by
Duran Christopher
Seller's Agent
Mario Visco
APPLE REALTY
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$523,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,495
Avg. Annual Appreciation
11.68%
Original Mortgage
$343,295
Outstanding Balance
$310,035
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$225,473

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:

Collateral Analytics

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ICE

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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 Type Sale Price Title Company
Warranty Deed $325,000 Foundation Ttl Llc East Brun
Deed $197,000 Multiple
Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $343,295 Purchase Money Mortgage
Previous Owner $192,993 FHA
Previous Owner $193,431 FHA
Previous Owner $192,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $325,000 0.0% $160 / Sq Ft
12/27/2020 12/27/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $325,000 +65.0% $160 / Sq Ft
12/05/2018 12/05/18 Sold $197,000 +1.1% --
08/06/2018 08/06/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $194,900 -- --
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 $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

    APPLE REALTY

    (732) 397-2512

    1 in this area

    19 Total Sales

    Section Image
  • Matthew Zavatsky

    Seller's Agent in 2018

    Matthew Zavatsky

    KELLER WILLIAMS TOWNE SQUARE REAL

    (732) 642-9516

    3 in this area

    76 Total Sales

    Section Image

  • L

    Buyer's Agent in 2018

    LORI BOCKOWSKI

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3485101

Garden State MLS

APN: 04-00004-0000-00026

New Jersey Somerset County Bound Brook 08805

261 W Main St, Bound Brook, NJ

This home is located at 261 W Main St, Bound Brook, NJ 08805 and is currently priced at $197,000. 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.

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