NOT LISTED FOR SALE

1048 40th St Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $1,120,030 - $1,498,000

-- Bed
-- Bath
2,034 Sq Ft
$609/Sq Ft Est. Value

About This Home

This home is located at 1048 40th St, Brooklyn, NY 11219 and is currently estimated at $1,238,758, approximately $609 per square foot. 1048 40th St is a home located in Kings County with nearby schools including P.S. 131 Brooklyn, I.S. 223 The Montauk, and Shema Kolainu-Hear Our Voices.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Fang And Zhang Family Trust and Guifang Zhang As Trustee
Bought by
Dongxin Zeng As Trustee and Fang And Zhang Family Trust
Current Estimated Value
$1,238,758

Purchase Details

Closed on
May 5, 2022
Sold by
Fang Wei Zhong and Zeng Dong Xin
Bought by
Fang And Zhang Family Trust and Guifang Zhang As Trustee

Purchase Details

Closed on
Oct 30, 2008
Sold by
D'Alora Barbara and Destasio Patricia
Bought by
Fang Wei Zhong and Zeng Don Xin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2008
Sold by
Destacio Patricia
Bought by
D'Alora Barbara and Destacio Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1997
Sold by
Destasio Albert and Destasio Patricia
Bought by
Destasio Patricia
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dongxin Zeng As Trustee -- --
Dongxin Zeng As Trustee -- --
Fang And Zhang Family Trust -- --
Fang And Zhang Family Trust -- --
Fang Wei Zhong $620,000 --
Fang Wei Zhong $620,000 --
D'Alora Barbara -- --
D'Alora Barbara -- --
Destasio Patricia -- First American Title Ins Co
Destasio Patricia -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fang Wei Zhong $465,000
Previous Owner Destasio Patricia A $150,000
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 $6,389 $73,380 $19,860 $53,520
2024 $6,389 $70,740 $19,860 $50,880
2023 $6,083 $63,060 $19,860 $43,200
2022 $5,621 $59,880 $19,860 $40,020
2021 $5,585 $65,640 $19,860 $45,780
2020 $2,776 $57,300 $19,860 $37,440
2019 $5,497 $57,300 $19,860 $37,440
2018 $5,028 $26,126 $7,036 $19,090
2017 $4,727 $24,661 $9,581 $15,080
2016 $4,346 $23,288 $9,423 $13,865
2015 $2,806 $23,288 $12,087 $11,201
2014 $2,806 $23,064 $14,361 $8,703
Source: Public Records

Map

New York Kings County Brooklyn 11219 Borough Park

1048 40th St, Brooklyn, NY

This home is located at 1048 40th St, Brooklyn, NY 11219 and is currently estimated at $1,238,758, approximately $609 per square foot. 1048 40th St is a home located in Kings County with nearby schools including P.S. 131 Brooklyn, I.S. 223 The Montauk, and Shema Kolainu-Hear Our Voices.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes