NOT LISTED FOR SALE

502 Stratford Place Unit 502 Bound Brook, NJ 08805

Estimated Value: $341,000 - $373,000

2 Beds
2 Baths
1,059 Sq Ft
$337/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $310,000 $293 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,728/month

19 Days on Market

Highlights

  • End Unit
  • Balcony
  • Ceramic Tile Flooring
  • Bridgewater-Raritan Middle School Rated A
  • Crown Molding
  • Sliding Doors

About This Home

As of May 2023

Coming Soon. Showings will begin 4-22-2023 Come see this move in ready first floor, beautifully maintained 2 bedroom, 2 full bath located in the very desirable Bridgewater township, This property features an open floor plan with a spacious living room, beautiful laminate flooring, and decorative crown molding throughout the home. The kitchen. which leads to the dining room features granite counter tops. The Main bedroom has en suite updated bathroom and a Large walk-in closet. The second full bath has also been updated and has a private entrance to the second bedroom Located close to Chimney rock shopping center with many nice restaurants and shops. Close to Rt 22 and rt 28 and part of the highly rated Bridgewater school; system. This wont last long !!

Last Agent to Sell the Property

Christopher Angley

Weichert Realtors-Freehold License #1971231 Listed on: 04/21/2023

Weichert Realtors-Freehold

Last Buyer's Agent

Christopher Angley

Weichert Realtors-Freehold License #1971231 Listed on: 04/21/2023

Weichert Realtors-Freehold

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $4,687

Year Built

  • Built in 1992

Lot Details

  • 436 Sq Ft Lot
  • End Unit

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,059 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Sliding Doors
  • Dryer

Kitchen

  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Visitor Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Hillside Middle School
  • Bridgewater/Rar High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: personal items
  • Assessor Parcel Number 06-00357-0000-00502

Community Details

Overview

  • Association fees include common area
  • 5 Units

Amenities

  • Common Area

Property Details

Home Type

Co-Op

Est. Annual Taxes

$4,687

Year Built

Built in 1992

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Fee Includes: Common Area
  • Inclusions: AC Units, Dishwasher, Dryer, Microwave, Stove, Stove Hood, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: End Unit
  • Reso Flooring: Ceramic Tile, Laminate
  • Reso Interior Features: Balcony, Dec Molding, Sliding Door
  • New Construction: No
  • Year Built: 1992
  • Contract Info List PriceSqFt: 306.89
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Fee Includes Common Area2: Yes
  • General Property Info Acreage: 0.01
  • General Property Info Farm: No
  • Location Middle School: Hillside
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Ownership Type Cooperative: Yes
  • Included Stove Hood: Yes
  • Number Appliances Included A C Units: Yes
  • Dining Room Dec Molding4: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Dec Molding3: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Kitchen Floor - Laminate2: Yes
  • GreatFamily Room Floor - Laminate6: Yes
  • Style End Unit: Yes
  • General Property Info # UnitsBldgs: 5.0
  • GreatFamily Room Dec Molding6: Yes
  • Parking Visitor: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront: No
  • Exclusions: personal items
  • Exterior Features: Balcony, Storage
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Visitor
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Hillside

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 06-00357-0000-00502

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4687.0

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • High School: Bridgewater/Rar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 24, 2023
Sold by
Ferrara Michaela I
Bought by
Vallone Christopher J
Seller's Agent
Christopher Angley
Weichert Realtors-Freehold
Buyer's Agent
Christopher Angley
Weichert Realtors-Freehold
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
121
Current Estimated Value
$356,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,847
Avg. Annual Appreciation
5.84%

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 13, 2020
Sold by
Hess Rachel M and Castiblanco Rafael H
Bought by
Ferrara Michaela I
Seller's Agent
Anthony Piccirillo
COLDWELL BANKER REALTY
Buyer's Agent
CHRIS ANGLEY
WEICHERT REALTORS
List Price
$234,900
Sold Price
$231,000
Premium/Discount to List
-$3,900
-1.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$224,070
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jun 14, 2017
Sold by
Miller Neil B and Malley Jennifer
Bought by
Hess Rachel M
Seller's Agent
Amy Weltner
BHHS FOX & ROACH
Buyer's Agent
Anthony Piccirillo
COLDWELL BANKER REALTY
List Price
$219,900
Sold Price
$199,450
Premium/Discount to List
-$20,450
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$159,560
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2014
Closed on
Oct 13, 2014
Sold by
Straube Donald M and Straube Jamie
Bought by
Miller Neil B
Seller's Agent
Claudia Marrone
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Denise Canell
WEICHERT REALTORS
Sold Price
$198,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.18%

Purchase Details

Closed on
Sep 14, 2010
Sold by
Haberle Christina M
Bought by
Straube Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 6, 2007
Sold by
Edwards David and Edwards Judy A
Bought by
Haberle Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,875
Interest Rate
6.39%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Vallone Christopher J $310,000 Fidelity National Title
Vallone Christopher J $310,000 Fidelity National Title
Ferrara Michaela I $231,000 Fidelity National Ttl Ins Co
Hess Rachel M $199,450 First Legacy Group Title & A
Miller Neil B $198,500 Aspen Title Agency Inc
Straube Donald M $230,000 None Available
Haberle Christina M $252,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrara Michaela I $224,070
Previous Owner Hess Rachel M $159,560
Previous Owner Straube Donald M $207,000
Previous Owner Haberle Christina M $37,875
Previous Owner Haberle Christina M $202,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $310,000 -4.6% $293 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $325,000 +40.7% $307 / Sq Ft
07/14/2020 07/14/20 Sold $231,000 -1.7% $218 / Sq Ft View Prior Sale
06/05/2020 06/05/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $234,900 +17.8% $222 / Sq Ft
06/14/2017 06/14/17 Sold $199,450 -9.3% $188 / Sq Ft View Prior Sale
05/15/2017 05/15/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $219,900 +10.8% $208 / Sq Ft
10/13/2014 10/13/14 Sold $198,500 -- $187 / Sq Ft View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $5,318 $269,300 $115,000 $154,300
2024 $5,318 $269,800 $115,000 $154,800
2023 $4,859 $242,100 $115,000 $127,100
2022 $4,687 $224,700 $115,000 $109,700
2021 $4,403 $218,400 $115,000 $103,400
2020 $4,405 $207,000 $105,000 $102,000
2019 $4,403 $204,900 $105,000 $99,900
2018 $4,348 $202,800 $105,000 $97,800
2017 $4,107 $191,400 $95,000 $96,400
2016 $4,042 $191,100 $95,000 $96,100
2015 $3,789 $179,300 $85,000 $94,300
2014 -- $169,800 $85,000 $84,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22310013

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-00357-0000-00502