NOT LISTED FOR SALE

516 E 2nd St Bound Brook, NJ 08805

Estimated Value: $265,000 - $380,000

2 Beds
1 Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold July 07, 2016

Last sale price $57,000

Est. 456% increase in value since last sale

Current estimated payment $2,097/month

37 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 5-minute walk to Bound Brook
  • 2-minute walk to Billian Legion Park

About This Home

As of July 2016

This is Fannie Mae Property! Lg Townhouse 2 Br 1bath with LR//DR, hardwood floors and full unfinished basement. Great starter home In need of total kitchen renovation.

Last Agent to Sell the Property

Tennille Flowers

FLOWERS REALTY GROUP Listed on: 04/18/2016

Last Buyer's Agent

Tennille Flowers

FLOWERS REALTY GROUP Listed on: 04/18/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1930

Lot Details

  • 1,742

Home Design

  • Flat Roof Shape
  • Wood Shingle Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window

Additional Features

  • Basement Fills Entire Space Under The House
  • 1,742 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2704-00013-0000-00008-0000-C0002
  • Tax Block *

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,264

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built: 1930
  • County Name: Somerset
  • Street Number Display: 516
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Number Rooms: 5
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full

Exterior Features

  • Exterior Description: Wood Shingle
  • Roof Description: Flat

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 18X100
  • Assessed Improvement Value: 58600
  • Assessed Land Value: 9800
  • Assessment: 68400
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.04

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 2264
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2704-00013-0000-00008-0000-C0002
  • Tax Rate Amount: 3.311
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jun 30, 2016
Sold by
Fannie Mae
Bought by
Cao Yue Li and Cao Yuxon
Seller's Agent
Tennille Flowers
FLOWERS REALTY GROUP
Buyer's Agent
Tennille Flowers
FLOWERS REALTY GROUP
List Price
$65,000
Sold Price
$57,000
Premium/Discount to List
-$8,000
-12.31%
Current Estimated Value
$316,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,738
Avg. Annual Appreciation
20.87%

Purchase Details

Closed on
Oct 28, 2015
Sold by
Toribio Geraldo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 2, 2003
Sold by
Capalbo Vincent J
Bought by
Toribio Geraldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,160
Interest Rate
6.25%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cao Yue Li $57,000 1St Title Agency Llc
Federal National Mortgage Association $1,000 None Available
Toribio Geraldo $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toribio Geraldo $124,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $57,000 -12.3% --
05/25/2016 05/25/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $65,000 -- --
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 $5,083 $245,900 $161,700 $84,200
2024 $5,083 $224,000 $142,100 $81,900
2023 $4,775 $202,500 $122,500 $80,000
2022 $4,575 $183,900 $107,800 $76,100
2021 $4,438 $157,700 $88,200 $69,500
2020 $3,609 $116,900 $53,900 $63,000
2019 $3,467 $107,100 $44,100 $63,000
2018 $3,067 $92,000 $34,300 $57,700
2017 $3,077 $90,200 $34,300 $55,900
2016 $2,848 $84,100 $14,700 $69,400
2015 $2,265 $68,400 $9,800 $58,600
2014 $2,345 $68,400 $9,800 $58,600
Source: Public Records

Agents Affiliated with this Home

  • Tennille Flowers

    Seller's Agent in 2016

    Tennille Flowers

    FLOWERS REALTY GROUP

    (973) 207-4191

    2 Total Sales

    Tennille Flowers
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3299055

Garden State MLS

APN: 04-00013-0000-00008-0000-C0002

New Jersey Somerset County Bound Brook 08805

516 E 2nd St, Bound Brook, NJ

This home is located at 516 E 2nd St, Bound Brook, NJ 08805 since 18 April 2016 and is currently estimated at $316,738. This property was built in 1930. 516 E 2nd St is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes