NOT LISTED FOR SALE

Estimated Value: $1,673,000 - $3,152,000

2 Beds
-- Bath
750 Sq Ft
$3,009/Sq Ft Est. Value

About This Home

This home is located at 111 16th St Unit 1B, Brooklyn, NY 11215 and is currently estimated at $2,257,000, approximately $3,009 per square foot. 111 16th St Unit 1B is a home located in Kings County with nearby schools including P.S. 124 Silas B Dutcher, Hellenic Classical Charter School - Park Slope, and Al-Noor School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2012
Sold by
Ali Mohammad Showkat
Bought by
111 16Th Street Realty Llc
Current Estimated Value
$2,257,000

Purchase Details

Closed on
Aug 15, 2000
Sold by
Wu Su Chen
Bought by
Ali Mohammad Showkat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.88%

Purchase Details

Closed on
Nov 22, 1994
Sold by
Wu Sung Chi
Bought by
Wu Su Chen
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
111 16Th Street Realty Llc -- --
111 16Th Street Realty Llc -- --
Ali Mohammad Showkat $390,000 Regal Title Agency
Ali Mohammad Showkat $390,000 Regal Title Agency
Wu Su Chen -- First American Title Ins Co
Wu Su Chen -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ali Mohammad Showkat $15,085
Previous Owner Ali Mohammed Showkat $11,401
Previous Owner Ali Mohammad Showkat $312,000
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 $12,594 $126,900 $20,340 $106,560
2024 $12,594 $117,540 $20,340 $97,200
2023 $12,735 $116,700 $20,340 $96,360
2022 $12,315 $127,860 $20,340 $107,520
2021 $12,248 $184,500 $20,340 $164,160
2020 $5,744 $220,800 $20,340 $200,460
2019 $10,931 $175,560 $20,340 $155,220
2018 $10,652 $52,254 $8,633 $43,621
2017 $8,058 $51,409 $9,101 $42,308
2016 $9,386 $48,500 $10,725 $37,775
2015 $5,630 $45,757 $10,231 $35,526
2014 $5,630 $43,545 $11,528 $32,017
Source: Public Records

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