NOT LISTED FOR SALE

405 E Union Ave Bound Brook, NJ 08805

Estimated Value: $477,946 - $518,000

4 Beds
2 Baths
1,915 Sq Ft
$263/Sq Ft Est. Value

About This Home

This home is located at 405 E Union Ave, Bound Brook, NJ 08805 and is currently estimated at $502,987, approximately $262 per square foot. 405 E Union Ave 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 24, 2021
Sold by
Tomaro Douglas
Bought by
Mensah Julius O
Current Estimated Value
$502,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2016
Sold by
Eljaiek Sami
Bought by
Tomaro Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2001
Sold by
Vasquez Yolma
Bought by
Eljaiek Sami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.08%

Purchase Details

Closed on
Oct 24, 1995
Sold by
Manville Savings
Bought by
Vasquez Federico and Vasquez Yolima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.58%
Mortgage Type
FHA
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.

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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.

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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.

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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.

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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 Buyer Sale Price Title Company
Mensah Julius O $360,000 Investors First Title Agency
Tomaro Douglas A $150,000 None Available
Eljaiek Sami $220,000 --
Vasquez Federico $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mensah Julius O $353,479
Previous Owner Tomaro Douglas A $112,500
Previous Owner Eljaiek Sami $209,000
Previous Owner Vasquez Federico $119,000
Source: Public Records

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 $9,117 $401,800 $156,800 $245,000
2023 $8,807 $373,500 $134,300 $239,200
2022 $8,633 $347,000 $119,300 $227,700
2021 $6,911 $236,600 $111,800 $124,800
2020 $6,708 $217,300 $104,300 $113,000
2019 $6,911 $213,500 $100,500 $113,000
2018 $6,868 $206,000 $93,000 $113,000
2017 $6,911 $202,600 $93,000 $109,600
2016 $10,161 $300,100 $78,000 $222,100
2015 $9,317 $281,400 $85,500 $195,900
2014 $7,826 $228,300 $48,000 $180,300
Source: Public Records

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