NOT LISTED FOR SALE

Estimated Value: $5,982,000 - $7,467,905

-- Bed
-- Bath
5,334 Sq Ft
$1,293/Sq Ft Est. Value

About This Home

This home is located at 1059 E 8th St, Brooklyn, NY 11230 and is currently estimated at $6,896,635, approximately $1,292 per square foot. 1059 E 8th St is a home located in Kings County with nearby schools including P.S. 99 Isaac Asimov, Yeshivah of Flatbush Elementary School, and Yeshiva Rabbi Chaim Berlin.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2012
Sold by
Ades Albert
Bought by
Albert Ades 1998 Irrevocable Trust and Gabriel Ades, As Trustee
Current Estimated Value
$6,896,635

Purchase Details

Closed on
Nov 12, 2009
Sold by
Ades Rochelle
Bought by
Ades Albert and Ades Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2000
Sold by
Lesnick David H
Bought by
Ades Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.55%
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
Albert Ades 1998 Irrevocable Trust $1,400,000 --
Ades Albert -- --
Ades Rochelle $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albert Ades 1998 Irrevocable Trust Dated $32,250
Previous Owner Ades Albert $1,500,000
Previous Owner Ades Rochelle $500,000
Previous Owner Ades Rochelle $28,001
Previous Owner Ades Rochelle $500,000
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 $34,418 $314,580 $71,820 $242,760
2024 $34,418 $283,320 $71,820 $211,500
2023 $34,103 $337,140 $71,820 $265,320
2022 $32,272 $297,180 $71,820 $225,360
2021 $32,096 $229,440 $71,820 $157,620
2020 $15,052 $244,380 $71,820 $172,560
2019 $29,873 $204,720 $71,820 $132,900
2018 $28,526 $139,935 $43,260 $96,675
2017 $27,462 $134,716 $48,659 $86,057
2016 $25,407 $127,092 $39,017 $88,075
2015 $15,328 $119,899 $36,070 $83,829
2014 $15,328 $119,002 $34,580 $84,422
Source: Public Records

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