NOT LISTED FOR SALE

517 E 2nd St Bound Brook, NJ 08805

Estimated Value: $324,000 - $457,000

3 Beds
2 Baths
-- Sq Ft
3,401 Sq Ft Lot

Last Sold August 25, 2023

Last sale price $350,000

Est. 13% increase in value since last sale

Current estimated payment $2,564/month

28 Days on Market

About This Home

As of August 2023

This home is located at 517 E 2nd St, Bound Brook, NJ 08805 since 09 June 2023 and is currently estimated at $396,546. This property was built in 1968. 517 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.

Last Agent to Sell the Property

DAVID SUTTON

RED DOOR REAL ESTATE Brokerage Phone: 732-560-0200 Listed on: 06/09/2023

Last Buyer's Agent

Joseph Ricci

MICHELLE DAVID REALTY GROUP

MICHELLE DAVID REALTY GROUP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 3,401 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Year Built: 1968
  • County Name: Somerset
  • I D: 5224808
  • Attribution Contact: 732-560-0200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 3401 SF
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Aug 25, 2023
Sold by
Le Tran Thu
Bought by
Lugay Sherika
Seller's Agent
DAVID SUTTON
RED DOOR REAL ESTATE
Buyer's Agent
Joseph Ricci
MICHELLE DAVID REALTY GROUP
List Price
$369,888
Sold Price
$350,000
Premium/Discount to List
-$19,888
-5.38%
Views
2
Current Estimated Value
$396,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,546
Avg. Annual Appreciation
5.43%
Original Mortgage
$343,660
Outstanding Balance
$336,045
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$60,501

Purchase Details

Closed on
May 3, 2001
Sold by
Elik Risto
Bought by
Tran Thu and Ngo Vien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Lugay Sherika $350,000 First American Title
Lugay Sherika $350,000 First American Title
Tran Thu $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugay Sherika $343,660
Closed Lugay Sherika $343,660
Previous Owner Tran Thu $111,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $350,000 -5.4% --
07/07/2023 07/07/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $369,888 -- --
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 $5,908 $315,000 $165,100 $149,900
2024 $5,908 $260,400 $145,500 $114,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    DAVID SUTTON

    RED DOOR REAL ESTATE

  • Joseph Ricci

    Buyer's Agent in 2023

    Joseph Ricci

    RE/MAX

    (973) 760-3034

    1 in this area

    47 Total Sales

    Joseph Ricci
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3848426

Garden State MLS

APN: 04-00013-01-00014-02-C0002

New Jersey Somerset County Bound Brook 08805

517 E 2nd St, Bound Brook, NJ

Not Listed for Sale

Detached

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