NOT LISTED FOR SALE

8 Drake St Bound Brook, NJ 08805

Bound Brook Area

Estimated Value: $292,000 - $617,000

Studio
-- Baths
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: August 19, 2022

Last sale price $499,000

Est. 1% decrease in value since last sale

Current estimated payment $3,569 / mo

36 Days on Market

About This Home

As of August 2022

This home is located at 8 Drake St, Bound Brook, NJ 08805 since 18 June 2022 and is currently estimated at $495,229. 8 Drake 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

LINDA THELL

EXP REALTY, LLC Brokerage Phone: 973-921-1111 Listed on: 06/18/2022

Range of Values:

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

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,614 Sq Ft Lot

Listing Details

  • County Name: Somerset
  • I D: 5158272
  • Attribution Contact: 973-921-1111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37X74
  • Total Acres: 0.06

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Aug 11, 2022
Sold by
Durborow Raymond J
Bought by
Seller's Agent
LINDA THELL
EXP REALTY, LLC
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$495,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,771
Avg. Annual Appreciation
-0.19%
Original Mortgage
$374,250
Outstanding Balance
$352,610
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$142,619

Purchase Details

Listed on
May 15, 2015
Closed on
May 12, 2015
Sold by
Maurer Paul and Maurer Denise
Bought by
Durborow Raymond J
Seller's Agent
Christina Duncan
EXP REALTY, LLC
Buyer's Agent
Anthony Mozelesky
RE/MAX PREFERRED PROFESSIONALS
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.20%
Original Mortgage
$142,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2002
Sold by
Nj Affordable
Bought by
Maurer Paul and Maurer Denise

Purchase Details

Closed on
Jul 2, 1998
Sold by
Potts Joan
Bought by
Nj Affordable Homes
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Bound Brook, NJ

  • Ami-Sasha Thadani Real Estate Agent - Serhant New Jersey LLC

    Ami-Sasha Thadani

    Serhant New Jersey LLC

    (848) 280-7628

    88 Total Sales

    1 in Bound Brook

    $810,000 Price

    Ami-Sasha Thadani
     Section Image
  • Raquel Pena Real Estate Agent - ACCESS HOMES REALTY

    Raquel Pena

    ACCESS HOMES REALTY

    (551) 295-7988

    38 Total Sales

    3 in Bound Brook

    $320,000 Price Range

    Raquel Pena
     Section Image
  • Jacqueline Balza Real Estate Agent - INSPIRED DREAM REAL ESTATE LLC

    Jacqueline Balza

    INSPIRED DREAM REAL ESTATE LLC

    (862) 703-7526

    35 Total Sales

    3 in Bound Brook

    $453K - $555K Price Range

    Jacqueline Balza
     Section Image
  • Darlene Kortvelyesy Real Estate Agent - RE/MAX COMPETITIVE EDGE

    Darlene Kortvelyesy

    RE/MAX COMPETITIVE EDGE

    (908) 341-1210

    29 Total Sales

    2 in Bound Brook

    $395K - $465K Price Range

    Darlene Kortvelyesy
     Section Image
  • Carlie Carreira Real Estate Agent - EXP Realty, LLC

    Carlie Carreira

    EXP Realty, LLC

    (862) 256-6672

    47 Total Sales

    1 in Bound Brook

    $380,000 Price

    Carlie Carreira
     Section Image
  • Tara Joswick Real Estate Agent - COLDWELL BANKER REALTY

    Tara Joswick

    COLDWELL BANKER REALTY

    (848) 216-8849

    41 Total Sales

    4 in Bound Brook

    $330K - $386K Price Range

    Tara Joswick
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$499,000 None Listed On Document
Durborow Raymond J $190,000 Multiple
Maurer Paul $179,900 --
Nj Affordable Homes $105,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $374,250
Previous Owner Durborow Raymond J $190,000
Previous Owner Durborow Raymond J $142,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2022 08/19/22 Sold $499,000 0.0% --
07/26/2022 07/26/22 Pending -- -- --
06/19/2022 06/19/22 For Sale $499,000 +162.6% --
05/15/2015 05/15/15 Sold $190,000 -- -- View Prior Sale
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,046 $504,300 $192,400 $311,900
2025 $9,180 $455,200 $172,400 $282,800
2024 $9,180 $404,600 $152,400 $252,200
2023 $8,809 $373,600 $127,400 $246,200
2022 $7,643 $307,200 $102,400 $204,800
2021 $6,532 $259,500 $72,400 $187,100
2020 $6,847 $221,800 $52,400 $169,400
2019 $6,532 $201,800 $32,400 $169,400
2018 $5,561 $166,800 $32,400 $134,400
2017 $5,550 $162,700 $32,400 $130,300
2016 $5,892 $174,000 $12,400 $161,600
2015 $6,271 $189,400 $12,400 $177,000
2014 $6,493 $189,400 $12,400 $177,000
Source: Public Records

Agents Affiliated with this Home

  • LT

    Seller's Agent in 2022

    LINDA THELL

    EXP REALTY, LLC

    (908) 642-4121

    80 Total Sales

    LINDA THELL
    Section Image
  • Christina Duncan Real Estate Agent - EXP REALTY, LLC

    Seller's Agent in 2015

    Christina Duncan

    EXP REALTY, LLC

    (908) 800-5050

    210 Total Sales

    Christina Duncan
    Section Image
  • Anthony Mozelesky Real Estate Agent - RE/MAX

    Buyer's Agent in 2015

    Anthony Mozelesky

    RE/MAX

    (908) 432-6392

    3 Total Sales

    Anthony Mozelesky
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3790187

Garden State MLS

APN: 04-00007-0000-00033

New Jersey Somerset County Bound Brook 08805

8 Drake St, Bound Brook, NJ

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Information deemed reliable but not guaranteed.
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