NOT LISTED FOR SALE

348 Grove Ave Bound Brook, NJ 08805

Estimated Value: $463,000 - $512,000

3 Beds
1 Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold June 29, 2019

Last sale price $277,000

Est. 76% increase in value since last sale

Current estimated payment $3,405/month

24 Days on Market

Highlights

  • 0.23 Acre Lot
  • Wood Flooring
  • Eat-In Kitchen
  • Ranch Style House
  • Mud Room
  • 3-minute walk to Codrington Park

About This Home

As of June 2019

Newly Renovated - Move-in ready 3 bedroom, 1 bath, Ranch home. Huge living room with new hardwood floors, Large updated eat-in kitchen with granite counter tops & slate appliances, 3 spacious bedrooms with HW floors, generous closet space & beautiful brand new bath complete the main level. Low-level is clear, freshly painted and ready for laundry, storage or finishing. Newer roof and replacement windows, new heating system, new hot water heater, new kitchen, granite and appliances, new bath, all new plumbing. Absolutely gorgeous home. Nothing to do but move in. Will not last! Home is NOT in a flood area.

Last Agent to Sell the Property

CAROLYNE RITZ

FAHEY REALTORS Listed on: 03/11/2019

Last Buyer's Agent

Sharon Dawson-Hampton

RE/MAX FIRST REALTY II

RE/MAX FIRST REALTY II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,678

Year Renovated

  • 2019

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Ranch Style House
  • Updated or Remodeled
  • Tile

Interior Spaces

  • Mud Room
  • Wood Flooring
  • Unfinished Basement
  • Sump Pump
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2704-00045-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,678

Year Renovated

2019

Lot Details

0

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built Description: Renovated
  • County Name: Somerset
  • Renovated Year: 2019
  • Street Number Display: 348
  • Directions: Tea or Vosseller to Grove #348
  • I D: 4877055
  • Modified: 2021-09-23
  • Number Images: 20
  • First Name: CAROLYNE
  • First Name3: SHARON
  • Last Name: RITZ
  • Last Name3: DAWSON-HAMPTON
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Microwave Oven, Sump Pump
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 3
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 19x13
  • Kitchen Level: First
  • Living Room Dim: 24x13
  • Living Room Level: First
  • Level 1 Rooms: MudRoom
  • Phone: 908-204-0600

Exterior Features

  • Exterior Description: Stucco
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: Blacktop, Off-Street Parking

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas In Street, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 100X100
  • Assessed Improvement Value: 103300
  • Assessed Land Value: 97000
  • Assessment: 200300
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6678
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2704-00045-0000-00003-0000-
  • Tax Rate Amount: 3.334
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
Jun 10, 2019
Sold by
Almeida Paul
Bought by
Babamale Kareem
Seller's Agent
CAROLYNE RITZ
FAHEY REALTORS
Buyer's Agent
Sharon Dawson-Hampton
RE/MAX FIRST REALTY II
List Price
$284,900
Sold Price
$277,000
Premium/Discount to List
-$7,900
-2.77%
Current Estimated Value
$487,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,784
Avg. Annual Appreciation
10.18%
Original Mortgage
$271,982
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
May 4, 2018
Closed on
Dec 11, 2018
Sold by
American Adisvior Group Llc
Bought by
Almeida Paul
Seller's Agent
KEYARROW DAVIS
WEICHERT REALTORS
Buyer's Agent
ELYSE RITZ
FAHEY REALTORS
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
134.07%

Purchase Details

Closed on
Apr 3, 2018
Sold by
Picasso Phyllis and Fratantuono Dolores R
Bought by
American Advisors Group A Corporation

Purchase Details

Closed on
Aug 9, 2006
Sold by
Fratantuono Dolores
Bought by
Fratantuono Dolores
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
Babamale Kareem $277,000 Chicago Title Insurance Co
Almeida Paul $175,000 None Available
American Advisors Group A Corporation -- None Available
Fratantuono Dolores -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babamale Kareem $266,778
Closed Babamale Kareem $271,982
Previous Owner Fratantuono Dolories $321,000
Previous Owner Fratantuono Dolores $21,095
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2019 06/29/19 Sold $277,000 -2.8% --
04/04/2019 04/04/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $284,900 +62.8% --
12/14/2018 12/14/18 Sold $175,000 0.0% $146 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $175,000 -- $146 / Sq Ft
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 $9,208 $405,800 $227,000 $178,800
2023 $8,998 $381,600 $207,000 $174,600
2022 $8,663 $348,200 $182,000 $166,200
2021 $7,941 $282,200 $147,000 $135,200
2020 $7,653 $247,900 $127,000 $120,900
2019 $6,807 $210,300 $107,000 $103,300
2018 $6,678 $200,300 $97,000 $103,300
2017 $6,382 $187,100 $87,000 $100,100
2016 $6,704 $198,000 $72,000 $126,000
2015 $6,076 $183,500 $72,000 $111,500
2014 $7,240 $218,500 $107,000 $111,500
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3537727

Garden State MLS

APN: 04-00045-0000-00003