NOT LISTED FOR SALE

511 Wheatland Ave Unit 2 Bound Brook, NJ 08805

Estimated Value: $426,000 - $456,000

-- Bed
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold August 07, 2018

Last sale price $220,000

Est. 101% increase in value since last sale

Current estimated payment $2,977/month

43 Days on Market

About This Home

As of August 2018

This home is located at 511 Wheatland Ave Unit 2, Bound Brook, NJ 08805 since 21 May 2018 and is currently estimated at $441,871. This property was built in 1928. 511 Wheatland Ave Unit 2 is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.

Last Buyer's Agent

CORY FANDEL

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,712

Year Built

  • Built in 1928

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,712

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • County Name: Somerset
  • I D: 4759786
  • Attribution Contact: 908-685-0700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X150
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Aug 7, 2018
Sold by
Track Real Estate Llc
Bought by
Floden Jacob Gunnar
Buyer's Agent
CORY FANDEL
COLDWELL BANKER REALTY
List Price
$242,000
Sold Price
$220,000
Premium/Discount to List
-$22,000
-9.09%
Current Estimated Value
$441,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,871
Avg. Annual Appreciation
10.02%
Original Mortgage
$209,000
Outstanding Balance
$181,508
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$260,363

Purchase Details

Closed on
Jul 16, 2014
Sold by
Martin Scott J
Bought by
Track Real Estate Llc

Purchase Details

Closed on
Nov 30, 1998
Sold by
Mendicino Anthony
Bought by
Martin Scott

Purchase Details

Closed on
May 20, 1996
Sold by
Rotunno Est Julia
Bought by
Medicino Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Floden Jacob Gunnar $220,000 Two Rivers Title Co Llc
Track Real Estate Llc $168,000 Core Title
Martin Scott $115,000 --
Medicino Anthony $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floden Jacob Gunnar $209,000
Previous Owner Medicino Anthony $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2018 08/07/18 Sold $220,000 -9.1% --
07/03/2018 07/03/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $242,000 -- --
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 $7,712 $365,100 $176,800 $188,300
2024 $7,712 $339,900 $156,800 $183,100
2023 $7,324 $310,600 $131,800 $178,800
2022 $6,889 $276,900 $106,800 $170,100
2021 $6,534 $232,200 $76,800 $155,400
2020 $6,100 $197,600 $56,800 $140,800
2019 $5,749 $177,600 $36,800 $140,800
2018 $5,298 $158,900 $36,800 $122,100
2017 $5,290 $155,100 $36,800 $118,300
2016 $5,424 $160,200 $16,800 $143,400
2015 $5,705 $172,300 $16,800 $155,500
2014 $6,260 $182,600 $16,800 $165,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2018

    CORY FANDEL

    COLDWELL BANKER REALTY

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Map

Source: Garden State MLS

MLS Number: 3472451

Garden State MLS

APN: 04-00024-0000-00015

New Jersey Somerset County Bound Brook 08805

511 Wheatland Ave Unit 2, Bound Brook, NJ

Not Listed for Sale

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