NOT LISTED FOR SALE

524 Grove Ave Bound Brook, NJ 08805

Estimated Value: $467,000 - $498,303

4 Beds
2 Baths
1,314 Sq Ft
$365/Sq Ft Est. Value

About This Home

This home is located at 524 Grove Ave, Bound Brook, NJ 08805 and is currently estimated at $480,076, approximately $365 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
$480,076

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
$316,881

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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First American

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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.

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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
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 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 $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

New Jersey Somerset County Bound Brook 08805

524 Grove Ave, Bound Brook, NJ

Not Listed for Sale

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