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637 Crescent Drive

637 Crescent Drive, Bound Brook, NJ 08805
Property in Somerset
Sold Oct 08, 2021
$242,000
$237,616 by American Neighborhood Mtg Acce
Mortgage Due Oct 01, 2051
Sold Jul 14, 2021
Transfer
637 Crescent Drive has been categorized by the local assessors in Bound Brook, NJ as a residential type of property. The building on the property was first built in 1941 and is 83 years old. The building has a total of 2 stories. In addition, 637 Crescent Drive has 1,072 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,680 ft and across the front of the lot is 200 ft. The area measurement of the land has been determined as 3,360 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 637 Crescent Drive sold most recently in Sep 23, 2021 for a total of $242,000. If you work out the math, that's approximately a cost of $225.75 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,746 in taxes each year. 637 Crescent Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $286,100. If we break it down further, the land itself was valued at $182,000. Improvements to the property, however, were assessed at a total of $104,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,360
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,072
  • Building Area: 1,072
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.077
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FOLLMER JOHN G
  • Previous Owner : WILSON CHRISTOPHER
  • Owner Before Previous Owner: LISCINSKI PAUL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Bound Brook Borough School District
  • Census Tract: 051200

Zoning

  • Zoning: R4

Geography

  • District: 04
  • Parcel: 04 00069-0000-00028
  • Block: 69
  • Lot: 28
  • Municipality: BOUND BROOK BORO
  • Latitude: 40.5704
  • Longitude: -74.5502

    Address

  • Full Address: 637 Crescent Dr
  • Address - House Number: 637
  • Address - Street Name: Crescent
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Bound Brook
  • Carrier Code: C011
  • 4-Digit Zip Code: 1105
  • Zip Code: 08805

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,746

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 340,544
  • High Value: 387,317
  • Low Value: 293,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,616
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Open Lien Mortgage Recording Date: Oct 08, 2021
  • First Open Lien Mortgage Loan Amount: $237,616
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $274,621
  • Market Land Value: $174,698
  • Market Improvement Value: $99,923

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,100
  • Assessed Land Value: $182,000
  • Assessed Improvements Value: $104,100

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Transaction ID: 11859458630
  • Current Sale Price: $242,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021060099
  • Previous Sale Recording Date: Jul 14, 2021
  • Previous Sale Contract Date: Apr 27, 2021
  • Previous Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Mortgage Transaction Date: Oct 08, 2021
  • First Mortgage Loan Amount: $237,616
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

About Bound Brook



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Frequently Asked Questions

What neighborhood is 637 Crescent Drive located in?
The 637 Crescent Drive is a located in the neighborhood of Somerset in Bound Brook, Bound Brook.
What is the average sales price for listings in 637 Crescent Drive?
The average sales price for units in 637 Crescent Drive is $0 currently.

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