NOT LISTED FOR SALE

408 E Union Ave Bound Brook, NJ 08805

Estimated Value: $558,000 - $723,000

-- Bed
-- Bath
2,358 Sq Ft
$287/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $555,000 $235 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,574/month

10 Days on Market

About This Home

As of January 2022

This home is located at 408 E Union Ave, Bound Brook, NJ 08805 since 23 November 2021 and is currently estimated at $675,583, approximately $286 per square foot. 408 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.

Last Agent to Sell the Property

Jacqueline Balza

INSPIRED DREAM REAL ESTATE Brokerage Phone: 9733272758 Listed on: 11/23/2021

Last Buyer's Agent

JULIAN BRUSS

INSPIRED DREAM REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,080

Lot Details

  • 0.45 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,080

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 408
  • I D: 5116372
  • Modified: 2023-01-19
  • Number Images: 2
  • Attribution Contact: 9733272758
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 131X148
  • Total Acres: 0.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Jan 12, 2022
Sold by
Samuel Guzman
Bought by
Barcelo Miguel and Barcelo Marlene
Seller's Agent
Jacqueline Balza
INSPIRED DREAM REAL ESTATE
Buyer's Agent
JULIAN BRUSS
INSPIRED DREAM REAL ESTATE
List Price
$525,000
Sold Price
$555,000
Premium/Discount to List
$30,000
5.71%
Current Estimated Value
$675,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,583
Avg. Annual Appreciation
5.49%
Original Mortgage
$520,400
Outstanding Balance
$480,593
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$194,990

Purchase Details

Listed on
May 3, 2019
Closed on
Sep 12, 2019
Sold by
Gonzalez Raul and Gonzalez Awilda
Bought by
Guzman Samuel and Guzman Ismael
Seller's Agent
Susan Perez
COLDWELL BANKER REALTY
Buyer's Agent
Susan Perez
COLDWELL BANKER REALTY
List Price
$299,900
Sold Price
$350,000
Premium/Discount to List
$50,100
16.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.68%
Original Mortgage
$297,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2010
Sold by
Dolida Cherry and Patrick Lois
Bought by
Gonzalez Raul and Gonzalez Awilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,095
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2010
Sold by
Dolida Joseph
Bought by
Dolida Cheryl and Patrick Lois
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Barcelo Miguel $555,000 Stewart Title Guaranty Company
Guzman Samuel $350,000 None Available
Gonzalez Raul $270,000 Multiple
Dolida Cheryl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barcelo Miguel $520,400
Previous Owner Guzman Samuel $297,500
Previous Owner Gonzalez Raul $262,095
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $555,000 +5.7% $235 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $525,000 +50.0% $223 / Sq Ft
09/13/2019 09/13/19 Sold $350,000 +16.7% $148 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $299,900 -- $127 / 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
2025 $12,080 $558,700 $220,200 $338,500
2024 $12,080 $532,400 $203,200 $329,200
2023 $11,769 $499,100 $177,700 $321,400
2022 $11,609 $466,600 $160,700 $305,900
2021 $10,209 $362,800 $109,700 $253,100
2020 $10,317 $334,200 $101,200 $233,000
2019 $10,294 $318,000 $92,700 $225,300
2018 $9,799 $293,900 $92,700 $201,200
2017 $9,926 $291,000 $92,700 $198,300
2016 $9,799 $289,400 $62,900 $226,500
2015 $10,883 $328,700 $71,400 $257,300
2014 $11,559 $337,200 $79,900 $257,300
Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Balza

    Seller's Agent in 2022

    Jacqueline Balza

    INSPIRED DREAM REAL ESTATE

    (973) 220-7475

    2 in this area

    44 Total Sales

    Jacqueline Balza
    Section Image

  • J

    Buyer's Agent in 2022

    JULIAN BRUSS

    INSPIRED DREAM REAL ESTATE

  • Susan Perez

    Seller's Agent in 2019

    Susan Perez

    COLDWELL BANKER REALTY

    (908) 616-2668

    43 Total Sales

    Susan Perez
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3753284

Garden State MLS

APN: 04-00067-0000-00001

New Jersey Somerset County Bound Brook 08805

408 E Union Ave, Bound Brook, NJ

This home is located at 408 E Union Ave, Bound Brook, NJ 08805 since 23 November 2021 and is currently estimated at $675,583, approximately $286 per square foot. 408 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.

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