NOT LISTED FOR SALE

283 Chestnut St Bound Brook, NJ 08805

Estimated Value: $449,000 - $508,000

2 Beds
1 Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold February 01, 2024

Last sale price $391,460

Est. 21% increase in value since last sale

Current estimated payment $3,325/month

6 Days on Market

About This Home

As of February 2024

This home is located at 283 Chestnut St, Bound Brook, NJ 08805 since 20 December 2023 and is currently estimated at $473,453. This property was built in 1954. 283 Chestnut 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

JOANNE STRUTZEL

COLDWELL BANKER REALTY Brokerage Phone: 908-753-4450 Listed on: 12/20/2023

Last Buyer's Agent

Laurianne Tussel-Holsten

RE/MAX ACHIEVERS

RE/MAX ACHIEVERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,942

Year Built

  • Built in 1954

Lot Details

  • 6,534 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,942

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Year Built: 1954
  • County Name: Somerset
  • Street Number Display: 283
  • I D: 5260537
  • Modified: 2025-02-02
  • Number Images: 1
  • Attribution Contact: 908-753-4450
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 50X135
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Jan 30, 2024
Sold by
Yenchek Stephen A
Bought by
Dasilva Nicholas M and Posyton Emily R
Seller's Agent
JOANNE STRUTZEL
COLDWELL BANKER REALTY
Buyer's Agent
Laurianne Tussel-Holsten
RE/MAX ACHIEVERS
List Price
$385,000
Sold Price
$391,460
Premium/Discount to List
$6,460
1.68%
Views
42
Current Estimated Value
$473,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,993
Avg. Annual Appreciation
9.52%
Original Mortgage
$360,000
Outstanding Balance
$355,386
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$95,743
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dasilva Nicholas M $391,460 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dasilva Nicholas M $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $391,460 +1.7% --
12/28/2023 12/28/23 Pending -- -- --
12/21/2023 12/21/23 For Sale $385,000 -- --
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
2024 $8,942 $394,100 $215,000 $179,100
2023 $8,958 $379,900 $205,000 $174,900
2022 $8,653 $347,800 $195,000 $152,800
2021 $8,060 $282,300 $155,000 $127,300
2020 $7,782 $252,100 $135,000 $117,100
2019 $8,060 $249,000 $130,000 $119,000
2018 $8,028 $240,800 $120,000 $120,800
2017 $7,259 $212,800 $110,000 $102,800
2016 $7,324 $216,300 $90,000 $126,300
2015 $6,077 $191,100 $80,000 $111,100
2014 $6,815 $206,100 $95,000 $111,100
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3878862

Garden State MLS

APN: 04-00101-0000-00042