NOT LISTED FOR SALE

7 Edgewood Terrace South Bound Brook, NJ 08880

Estimated Value: $573,000 - $667,000

2 Beds
1 Bath
1,584 Sq Ft
$400/Sq Ft Est. Value

About This Home

This home is located at 7 Edgewood Terrace, South Bound Brook, NJ 08880 and is currently estimated at $634,187, approximately $400 per square foot. 7 Edgewood Terrace is a home located in Somerset County with nearby schools including Robert Morris School, Thomas Edison EnergySmart Charter School, and Green Brook Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Argoarm Capital Inc
Bought by
Mohanlall Michael
Current Estimated Value
$634,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$509,810
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$134,210

Purchase Details

Closed on
Apr 1, 2024
Sold by
Teitjen John
Bought by
Argoarm Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,750
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2005
Sold by
Rac Mgmt Corp Trus
Bought by
Tietjen John and Tietjen Bonita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.66%

Purchase Details

Closed on
Nov 8, 2002
Sold by
Haas James
Bought by
Theofanides Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.03%

Purchase Details

Closed on
Dec 30, 1988
Sold by
Pucher Dimitri D Executor
Bought by
Haas James R and Haas Domenic
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
Mohanlall Michael $650,000 Simplicity Title
Mohanlall Michael $650,000 Simplicity Title
Argoarm Capital Inc $275,000 Westcor Land Title
Tietjen John $285,000 --
Theofanides Richard $200,000 --
Haas James R $176,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohanlall Michael $512,000
Closed Mohanlall Michael $512,000
Previous Owner Argoarm Capital Inc $313,750
Previous Owner Tietjen John $195,000
Previous Owner Theofanides Richard $180,000
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
2024 $9,414 $246,300 $99,800 $146,500
2023 $9,325 $246,300 $99,800 $146,500
2022 $8,714 $246,300 $99,800 $146,500
2021 $8,588 $246,300 $99,800 $146,500
2020 $8,170 $246,300 $99,800 $146,500
2019 $8,382 $246,300 $99,800 $146,500
2018 $8,335 $246,300 $99,800 $146,500
2017 $8,305 $246,300 $99,800 $146,500
2016 $8,118 $246,300 $99,800 $146,500
2015 $7,904 $246,300 $99,800 $146,500
2014 $7,714 $246,300 $99,800 $146,500
Source: Public Records

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