NOT LISTED FOR SALE

1060 E 16th St Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $951,685 - $1,549,000

-- Bed
-- Bath
1,848 Sq Ft
$624/Sq Ft Est. Value

About This Home

This home is located at 1060 E 16th St, Brooklyn, NY 11230 and is currently estimated at $1,153,421, approximately $624 per square foot. 1060 E 16th St is a home located in Kings County with nearby schools including P.S. 99 Isaac Asimov, Andries Hudde School, and Yeshiva Rabbi Chaim Berlin.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2018
Sold by
Smorgunov Arkadiy and Smorgunova Olga
Bought by
Chen Kenny and Chen Patrick
Current Estimated Value
$1,153,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$440,453
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$712,968

Purchase Details

Closed on
Dec 1, 1998
Sold by
Stein Robert and Schack Fred
Bought by
Arkadiy Smorgunov and Smorgunova Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.74%
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

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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
Chen Kenny $720,000 --
Arkadiy Smorgunov $175,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Kenny $504,000
Previous Owner Arkadiy Smorgunov $140,000
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 $8,204 $51,420 $16,320 $35,100
2024 $8,204 $51,420 $16,320 $35,100
2023 $8,229 $55,860 $16,320 $39,540
2022 $7,631 $52,440 $16,320 $36,120
2021 $7,593 $48,960 $16,320 $32,640
2020 $5,695 $53,520 $16,320 $37,200
2019 $7,120 $43,080 $16,320 $26,760
2018 $6,883 $33,766 $12,881 $20,885
2017 $6,494 $31,856 $11,662 $20,194
2016 $6,011 $30,067 $14,869 $15,198
2015 $3,405 $30,057 $15,517 $14,540
2014 $3,405 $28,365 $15,660 $12,705
Source: Public Records

Map

New York Kings County Brooklyn 11230 Midwood

1060 E 16th St, Brooklyn, NY

This home is located at 1060 E 16th St, Brooklyn, NY 11230 and is currently estimated at $1,153,421, approximately $624 per square foot. 1060 E 16th St is a home located in Kings County with nearby schools including P.S. 99 Isaac Asimov, Andries Hudde School, and Yeshiva Rabbi Chaim Berlin.

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.

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