NOT LISTED FOR SALE

613 Welch Rd Bound Brook, NJ 08805

Estimated Value: $472,000 - $540,000

-- Bed
-- Bath
1,344 Sq Ft
$377/Sq Ft Est. Value

About This Home

This home is located at 613 Welch Rd, Bound Brook, NJ 08805 and is currently estimated at $506,078, approximately $376 per square foot. 613 Welch Rd 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
Sep 21, 2017
Sold by
Nolasco Benito
Bought by
Cortes Morales Ricardo and Nolasco Velasco Eduwigis E
Current Estimated Value
$506,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,070
Outstanding Balance
$129,950
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$322,527

Purchase Details

Closed on
Jul 27, 2004
Sold by
Jefferson Billy J
Bought by
Nolasco Benito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
6.2%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Lindemann William
Bought by
Jefferson Bill and Jefferson Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
8.21%

Purchase Details

Closed on
Jan 22, 1992
Sold by
Marcsisin Jr John F and Marcsisin Victoria L
Bought by
Lindemann William R and Lindemann Jane
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.

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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

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.

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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
Cortes Morales Ricardo $298,000 Westcor Land Title Insurance
Nolasco Benito $298,000 --
Jefferson Bill $185,000 --
Lindemann William R $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Morales Ricardo $152,070
Previous Owner Nolasco Benito $223,500
Previous Owner Jefferson Bill $175,750
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
2024 $9,425 $415,400 $228,000 $187,400
2023 $9,220 $391,000 $208,000 $183,000
2022 $8,885 $357,100 $183,000 $174,100
2021 $8,076 $297,200 $148,000 $149,200
2020 $8,122 $263,100 $128,000 $135,100
2019 $8,076 $249,500 $108,000 $141,500
2018 $7,985 $239,500 $98,000 $141,500
2017 $7,760 $227,500 $88,000 $139,500
2016 $8,269 $244,200 $73,000 $171,200
2015 $7,430 $224,400 $73,000 $151,400
2014 $8,549 $249,400 $98,000 $151,400
Source: Public Records

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