NOT LISTED FOR SALE

5 Drake St Bound Brook, NJ 08805

Estimated Value: $341,000 - $529,729

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold June 04, 2012

Last sale price $108,000

Est. 329% increase in value since last sale

Current estimated payment $3,397/month

About This Home

As of June 2012

This home is located at 5 Drake St, Bound Brook, NJ 08805 since 04 June 2012 and is currently estimated at $463,182. This property was built in 1929. 5 Drake St 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

LUIS A. GUZMAN

ERA SUBURB REALTY Brokerage Phone: 908-322-2202 Listed on: 06/04/2012

Last Buyer's Agent

LUIS A. GUZMAN

ERA SUBURB REALTY Brokerage Phone: 908-322-2202 Listed on: 06/04/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,686

Year Built

  • 1929

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,686

Year Built

1929

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 5
  • I D: 4156531
  • Modified: 2016-03-03
  • Number Images: 0
  • Attribution Contact: 908-322-2202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1929

Lot Info

  • Lot Size: 40X111
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2015
Sold by
Phone Tech Inc
Bought by
Adames Francisco
Total Days on Market
0
Current Estimated Value
$463,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,413
Outstanding Balance
$158,640
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$304,833

Purchase Details

Listed on
Jun 4, 2012
Closed on
May 9, 2012
Sold by
Umana Luis F and Umana Vernoica
Bought by
Phone Tech Inc
Seller's Agent
LUIS A. GUZMAN
ERA SUBURB REALTY
Buyer's Agent
LUIS A. GUZMAN
ERA SUBURB REALTY
Sold Price
$108,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%

Purchase Details

Closed on
Jul 7, 2006
Sold by
Guzman Juan E and Guzman Carolina
Bought by
Umana Luis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.71%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 9, 2005
Sold by
Krol Kristine
Bought by
Krobu Properties Llc

Purchase Details

Closed on
Dec 11, 2001
Sold by
Yannetta Dominick
Bought by
Guzman Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,528
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 1994
Sold by
Yannetta Dorothy
Bought by
Yannetta Dominick

Purchase Details

Closed on
Nov 6, 1989
Sold by
Yannetta Angelo
Bought by
Yannetta Angelo and Yannetta Dorothy
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Adames Francisco $198,000 Chicago Title Insurance Co
Phone Tech Inc -- None Available
Umana Luis F $345,000 First American Title Insuran
Krobu Properties Llc -- None Available
Guzman Juan $160,000 --
Yannetta Dominick $74,631 --
Yannetta Angelo $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adames Francisco $44,565
Open Adames Francisco $194,413
Previous Owner Umana Luis F $69,000
Previous Owner Umana Luis F $276,000
Previous Owner Guzman Juan $157,528
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2012 06/04/12 Sold $108,000 -- --
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
2024 $9,686 $426,900 $154,000 $272,900
2023 $9,326 $395,500 $129,000 $266,500
2022 $8,897 $357,600 $104,000 $253,600
2021 $8,290 $294,600 $74,000 $220,600
2020 $7,924 $256,700 $54,000 $202,700
2019 $7,753 $239,500 $34,000 $205,500
2018 $6,798 $203,900 $34,000 $169,900
2017 $6,860 $201,100 $34,000 $167,100
2016 $6,704 $198,000 $14,000 $184,000
2015 $7,619 $230,100 $14,000 $216,100
2014 $7,888 $230,100 $14,000 $216,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    LUIS A. GUZMAN

    ERA SUBURB REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 2871188

Garden State MLS

APN: 04-00006-0000-00011

New Jersey Somerset County Bound Brook 08805

5 Drake St, Bound Brook, NJ

This home is located at 5 Drake St, Bound Brook, NJ 08805 since 04 June 2012 and is currently estimated at $463,182. This property was built in 1929. 5 Drake St 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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