NOT LISTED FOR SALE

338 W 2nd St Bound Brook, NJ 08805

Estimated Value: $387,000 - $492,355

-- Bed
-- Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold February 27, 2018

Last sale price $223,250

Est. 103% increase in value since last sale

Current estimated payment $3,349/month

17 Days on Market

About This Home

As of February 2018

This home is located at 338 W 2nd St, Bound Brook, NJ 08805 since 23 January 2018 and is currently estimated at $452,339. This property was built in 1922. 338 W 2nd 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

Tennille Flowers

FLOWERS REALTY GROUP Brokerage Phone: 908-769-0011 Listed on: 01/23/2018

Last Buyer's Agent

Tennille Flowers

FLOWERS REALTY GROUP Brokerage Phone: 908-769-0011 Listed on: 01/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,868

Year Built

  • Built in 1922

Lot Details

  • 7,841 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,868

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Somerset
  • Street Number Display: 338
  • I D: 4772640
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-769-0011
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X153
  • Total Acres: 0.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Sethi Atul and Sethi Seema
Bought by
Maple518 Realty Llc
Total Days on Market
17
Current Estimated Value
$452,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.55%

Purchase Details

Closed on
Jul 19, 2021
Sold by
Sethi and Seema
Bought by
Maple518 Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2019
Sold by
Sethi Aarushi and Sethi Seema
Bought by
Sethi Atul and Sethi Seema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 23, 2018
Closed on
Feb 22, 2018
Sold by
Fannie Mae
Bought by
Sethi Aarushi and Sethi Seema
Seller's Agent
Tennille Flowers
FLOWERS REALTY GROUP
Buyer's Agent
Tennille Flowers
FLOWERS REALTY GROUP
List Price
$221,000
Sold Price
$223,250
Premium/Discount to List
$2,250
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%

Purchase Details

Closed on
Jan 13, 2015
Sold by
Temoche Elmer and State Of New Jersey
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 2, 1999
Sold by
Melesurgo Adeline
Bought by
Sansone Builders Llc

Purchase Details

Closed on
Mar 2, 1993
Sold by
Paiano Antonio
Bought by
Paiano Clemente M
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
Maple518 Realty Llc -- Simplicity Title
Sethi Atul -- Old Republic Natl Ttl Ins
Sethi Aarushi $223,250 None Available
Federal National Mortgage Association $1,000 Attorney
Sansone Builders Llc $62,666 --
Paiano Clemente M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maple518 Realty Llc $701,000
Previous Owner Sethi Atul $226,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2018 02/27/18 Sold $223,250 +1.0% --
02/09/2018 02/09/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $221,000 -- --
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 $9,868 $434,900 $217,000 $217,900
2023 $10,234 $434,000 $197,000 $237,000
2022 $10,014 $402,500 $177,000 $225,500
2021 $9,579 $340,400 $117,000 $223,400
2020 $9,085 $294,300 $92,000 $202,300
2019 $8,801 $271,900 $82,000 $189,900
2018 $7,898 $236,900 $72,000 $164,900
2017 $7,910 $231,900 $72,000 $159,900
2016 $7,852 $231,900 $37,000 $194,900
2015 $8,417 $254,200 $47,000 $207,200
2014 $7,679 $224,000 $16,800 $207,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3441879

Garden State MLS

APN: 04-00029-0000-00020