524 Grove Ave Bound Brook, NJ 08805
Estimated Value: $491,000 - $526,000
4
Beds
2
Baths
1,314
Sq Ft
$383/Sq Ft
Est. Value
About This Home
This home is located at 524 Grove Ave, Bound Brook, NJ 08805 and is currently estimated at $503,535, approximately $383 per square foot. 524 Grove Ave is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 29, 2008
Sold by
Subryan Ramesh and Subryan Jasoda
Bought by
Ramirez Juan and Angel Lorena
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Outstanding Balance
$163,195
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$340,340
Purchase Details
Closed on
Oct 6, 1998
Sold by
Coster Debra
Bought by
Subryan Ramesh and Subryan Jasoda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.8%
Purchase Details
Closed on
Jul 30, 1997
Sold by
Nathan Kurt
Bought by
Drogan Michael and Coster Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.56%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramirez Juan | $310,000 | Multiple | |
| Subryan Ramesh | $154,000 | -- | |
| Drogan Michael | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ramirez Juan | $248,000 | |
| Previous Owner | Subryan Ramesh | $120,000 | |
| Previous Owner | Drogan Michael | $130,000 |
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 | $8,938 | $421,000 | $241,000 | $180,000 |
| 2024 | $8,938 | $393,900 | $216,000 | $177,900 |
| 2023 | $8,784 | $372,500 | $196,000 | $176,500 |
| 2022 | $8,499 | $341,600 | $171,000 | $170,600 |
| 2021 | $7,966 | $294,300 | $136,000 | $158,300 |
| 2020 | $8,076 | $261,600 | $116,000 | $145,600 |
| 2019 | $7,966 | $246,100 | $96,000 | $150,100 |
| 2018 | $7,948 | $238,400 | $86,000 | $152,400 |
| 2017 | $7,705 | $225,900 | $76,000 | $149,900 |
| 2016 | $7,960 | $235,100 | $61,000 | $174,100 |
| 2015 | $7,092 | $214,200 | $61,000 | $153,200 |
| 2014 | $8,543 | $249,200 | $96,000 | $153,200 |
Source: Public Records
Map
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