NOT LISTED FOR SALE

1122 E 40th St Unit BASEMENT Brooklyn, NY 11210

Flatlands Neighborhood

Estimated Value: $626,000 - $726,000

2 Beds
1 Bath
1,352 Sq Ft
$497/Sq Ft Est. Value

About This Home

This home is located at 1122 E 40th St Unit BASEMENT, Brooklyn, NY 11210 and is currently estimated at $672,583, approximately $497 per square foot. 1122 E 40th St Unit BASEMENT is a home located in Kings County with nearby schools including P.S. 119 Amersfort, Andries Hudde School, and Christian Heritage Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Taimur Mowla Llc
Bought by
Mowla Mohammed T
Current Estimated Value
$672,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$428,795
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,788

Purchase Details

Closed on
Apr 24, 2023
Sold by
Geddies and Geddies
Bought by
Taimur Mowla Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
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
Mowla Mohammed T -- --
Mowla Mohammed T -- --
Taimur Mowla Llc $528,000 --
Taimur Mowla Llc $528,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mowla Mohammed T $435,000
Closed Mowla Mohammed T $435,000
Closed Taimur Mowla Llc $396,000
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 $6,217 $35,460 $8,400 $27,060
2024 $6,217 $34,800 $8,400 $26,400
2023 $5,938 $42,300 $8,400 $33,900
2022 $5,579 $36,720 $8,400 $28,320
2021 $5,753 $32,400 $8,400 $24,000
2020 $4,315 $28,560 $8,400 $20,160
2019 $5,396 $28,560 $8,400 $20,160
2018 $4,967 $24,364 $6,688 $17,676
2017 $4,747 $23,288 $7,310 $15,978
2016 $4,554 $22,780 $6,785 $15,995
2015 $2,650 $22,767 $8,524 $14,243
2014 $2,650 $21,496 $7,555 $13,941
Source: Public Records

Map

New York Kings County Brooklyn 11210 Flatlands

1122 E 40th St Unit BASEMENT, Brooklyn, NY

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