NOT LISTED FOR SALE

411 La Monte Ave Bound Brook, NJ 08805

Estimated Value: $703,000 - $779,000

-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Last Sold March 23, 2022

Last sale price $620,000

Est. 20% increase in value since last sale

Current estimated payment $5,100/month

176 Days on Market

About This Home

As of March 2022

This home is located at 411 La Monte Ave, Bound Brook, NJ 08805 since 02 March 2021 and is currently estimated at $741,006. This property was built in 1935. 411 La Monte 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

JOZSEF TOTH

FRANKO REALTY LLC Brokerage Phone: 888-869-6707 Listed on: 03/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,572

Year Built

  • Built in 1935

Lot Details

  • 0.25 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,572

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Year Built: 1935
  • County Name: Somerset
  • Street Number Display: 411
  • I D: 5051795
  • Modified: 2023-03-24
  • Number Images: 1
  • Attribution Contact: 888-869-6707
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 75X144
  • Total Acres: 0.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Mar 22, 2022
Sold by
Unknown
Bought by
Liu Mingming
Seller's Agent
JOZSEF TOTH
FRANKO REALTY LLC
List Price
$599,000
Sold Price
$620,000
Premium/Discount to List
$21,000
3.51%
Current Estimated Value
$741,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,006
Avg. Annual Appreciation
5.12%
Original Mortgage
$465,000
Outstanding Balance
$435,618
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$305,388

Purchase Details

Listed on
Jul 31, 2017
Closed on
Aug 31, 2017
Sold by
Theofanides Richard and Christine Theofnides
Bought by
Citimotgage Inc
Seller's Agent
Adeel Salam
FOUR POINT REALTY, LLC
Buyer's Agent
JOZSEF TOTH
FRANKO REALTY LLC
List Price
$305,000
Sold Price
$249,375
Premium/Discount to List
-$55,625
-18.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.66%

Purchase Details

Closed on
Jan 12, 2004
Sold by
Pirone Judith Ann
Bought by
Theofanides Richard and Theofanides Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.98%
Source: Public Records

Range of Values:

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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
Liu Mingming $620,000 Westcor Land Title
Liu Mingming $620,000 Westcor Land Title
Citimotgage Inc $1,000 None Available
Theofanides Richard $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Mingming $465,000
Closed Liu Mingming $465,000
Previous Owner Theofanides Richard $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2022 03/23/22 Sold $620,000 +3.5% --
08/25/2021 08/25/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $599,000 0.0% --
03/18/2021 03/18/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $599,000 +140.2% --
10/06/2017 10/06/17 Sold $249,375 -18.2% -- View Prior Sale
08/30/2017 08/30/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $305,000 -- --
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
2025 $14,572 $674,000 $244,000 $430,000
2024 $14,572 $642,200 $224,000 $418,200
2023 $14,440 $612,400 $204,000 $408,400
2022 $14,246 $572,600 $184,000 $388,600
2021 $13,164 $467,800 $124,000 $343,800
2020 $12,762 $413,400 $99,000 $314,400
2019 $12,653 $390,900 $89,000 $301,900
2018 $11,416 $342,400 $79,000 $263,400
2017 $11,495 $337,000 $79,000 $258,000
2016 $11,777 $347,800 $44,000 $303,800
2015 $13,158 $397,400 $54,000 $343,400
2014 $13,623 $397,400 $54,000 $343,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    JOZSEF TOTH

    FRANKO REALTY LLC

  • A

    Seller's Agent in 2017

    Adeel Salam

    FOUR POINT REALTY, LLC

    (732) 629-0002

    37 Total Sales

    Adeel Salam
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Map

Source: Garden State MLS

MLS Number: 3695087

Garden State MLS

APN: 04-00028-0000-00011

New Jersey Somerset County Bound Brook 08805

411 La Monte Ave, Bound Brook, NJ

This home is located at 411 La Monte Ave, Bound Brook, NJ 08805 since 02 March 2021 and is currently estimated at $741,006. This property was built in 1935. 411 La Monte 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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