318 W Main St Bound Brook, NJ 08805
Estimated Value: $445,000 - $490,000
--
Bed
--
Bath
1,634
Sq Ft
$286/Sq Ft
Est. Value
About This Home
This home is located at 318 W Main St, Bound Brook, NJ 08805 and is currently estimated at $467,010, approximately $285 per square foot. 318 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 5, 2020
Sold by
Asklof Robert and Asklof Ashley
Bought by
Asklof Robert and Asklof Michelle M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Outstanding Balance
$173,683
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$293,327
Purchase Details
Closed on
Jul 23, 2007
Sold by
Kipp Michael W and Kipp Karen A
Bought by
Asklof Robert and Asklof Ashley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 16, 1998
Sold by
Kordelski Robert
Bought by
Kipp Michael W and Kipp Karen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.92%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 14, 1989
Sold by
Kordelski Lois P
Bought by
Kordelski Robert and Kordelski Lois
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Asklof Robert | -- | Stewart Title Guaranty Co | |
| Asklof Robert | $299,000 | Multiple | |
| Kipp Michael W | $95,900 | -- | |
| Kordelski Robert | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Asklof Robert | $196,000 | |
| Closed | Asklof Robert | $298,500 | |
| Previous Owner | Kipp Michael W | $95,000 |
Source: Public Records
Tax History Compared to Growth
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 | $8,309 | $408,100 | $163,300 | $244,800 |
| 2024 | $8,309 | $366,200 | $143,300 | $222,900 |
| 2023 | $8,038 | $340,900 | $123,300 | $217,600 |
| 2022 | $7,723 | $310,400 | $103,300 | $207,100 |
| 2021 | $5,872 | $258,900 | $83,300 | $175,600 |
| 2020 | $6,936 | $224,700 | $63,300 | $161,400 |
| 2019 | $5,872 | $181,400 | $43,300 | $138,100 |
| 2018 | $5,444 | $163,300 | $33,300 | $130,000 |
| 2017 | $5,502 | $161,300 | $33,300 | $128,000 |
| 2016 | $5,089 | $150,300 | $8,300 | $142,000 |
| 2015 | $4,794 | $144,800 | $8,300 | $136,500 |
| 2014 | $5,296 | $154,500 | $18,000 | $136,500 |
Source: Public Records
Map
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