NOT LISTED FOR SALE

427 Grove Ave Bound Brook, NJ 08805

Estimated Value: $505,000 - $600,148

3 Beds
3 Baths
-- Sq Ft
0.29 Acres

Last Sold December 28, 2023

Last sale price $495,000

Est. 12% increase in value since last sale

Current estimated payment $3,844/month

14 Days on Market

About This Home

As of December 2023

This home is located at 427 Grove Ave, Bound Brook, NJ 08805 since 15 November 2023 and is currently estimated at $554,787. 427 Grove 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

ARIEL MOREL

KELLER WILLIAMS VILLAGE SQUARE Brokerage Phone: 866-201-6210 Listed on: 11/15/2023

Last Buyer's Agent

Elizabeth Page

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,839

Lot Details

  • 0.29 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,839

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 427
  • I D: 5255725
  • Modified: 2024-12-29
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 102X125
  • Total Acres: 0.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Dec 22, 2023
Sold by
Palao Eduardo and Palao Marilyn A
Bought by
Rosado Ismael and Rosado Ines
Seller's Agent
ARIEL MOREL
KELLER WILLIAMS VILLAGE SQUARE
Buyer's Agent
Elizabeth Page
EXP REALTY, LLC
List Price
$485,000
Sold Price
$495,000
Premium/Discount to List
$10,000
2.06%
Views
78
Current Estimated Value
$554,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,787
Avg. Annual Appreciation
6.69%
Original Mortgage
$200,000
Outstanding Balance
$196,675
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$358,112

Purchase Details

Listed on
Aug 18, 2015
Closed on
Aug 18, 2015
Sold by
Morris Nancy A and Martin Louise M
Bought by
Palao Eduardo and Palao Marilyn A
Buyer's Agent
KAREN TYRELL
COMPASS NEW JERSEY, LLC
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$250,381
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2014
Sold by
Martin Louise M
Bought by
Martin Louise M

Purchase Details

Closed on
Jul 29, 1993
Sold by
Tarentino Gilda
Bought by
Nuzzo Michael J and Joy Humphrey
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Rosado Ismael $495,000 None Listed On Document
Palao Eduardo $255,000 Attorney Title Services Llc
Martin Louise M -- None Available
Nuzzo Michael J $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosado Ismael $200,000
Previous Owner Palao Eduardo $250,381
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $495,000 +2.1% --
11/29/2023 11/29/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $485,000 +90.2% --
08/18/2015 08/18/15 Sold $255,000 -- --
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 $10,839 $508,700 $246,100 $262,600
2024 $10,839 $477,700 $222,300 $255,400
2023 $10,760 $456,300 $203,300 $253,000
2022 $10,460 $420,400 $179,600 $240,800
2021 $9,313 $344,400 $146,300 $198,100
2020 $9,468 $306,700 $127,300 $179,400
2019 $9,313 $287,700 $108,300 $179,400
2018 $9,275 $278,200 $98,800 $179,400
2017 $8,978 $263,200 $89,300 $173,900
2016 $9,813 $289,800 $75,100 $214,700
2015 $8,777 $265,100 $75,100 $190,000
2014 $10,226 $298,300 $108,300 $190,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    ARIEL MOREL

    KELLER WILLIAMS VILLAGE SQUARE

  • E

    Buyer's Agent in 2023

    Elizabeth Page

    EXP REALTY, LLC

    (866) 201-6210

    1 in this area

    68 Total Sales

    Elizabeth Page
    Section Image

  • K

    Buyer's Agent in 2015

    KAREN TYRELL

    COMPASS NEW JERSEY, LLC

    (201) 310-7619

    36 Total Sales

    KAREN TYRELL
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3874713

Garden State MLS

APN: 04-00057-0000-00013

New Jersey Somerset County Bound Brook 08805

427 Grove Ave, Bound Brook, NJ

This home is located at 427 Grove Ave, Bound Brook, NJ 08805 since 15 November 2023 and is currently estimated at $554,787. 427 Grove 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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