NOT LISTED FOR SALE

1163 Flatbush Ave Unit 1 Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $1,061,385

-- Bed
-- Bath
1,900 Sq Ft
$559/Sq Ft Est. Value

About This Home

This home is located at 1163 Flatbush Ave Unit 1, Brooklyn, NY 11226 and is currently estimated at $1,061,385, approximately $558 per square foot. 1163 Flatbush Ave Unit 1 is a home located in Kings County with nearby schools including Middle School 246 Walt Whitman, Success Academy Charter School-Flatbush, and Central Brooklyn Ascend Charter.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2013
Sold by
1163 Land Llc
Bought by
331 Tompkins Avenue Corp
Current Estimated Value
$1,061,385

Purchase Details

Closed on
Aug 2, 2012
Sold by
Cherchai Properties Inc and Cheryl Samouha %
Bought by
1163 Land Llc

Purchase Details

Closed on
Jul 25, 2007
Sold by
1163 Flatbush Ave Inc
Bought by
Cherchai Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,500
Interest Rate
6.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 1997
Sold by
Ramdehal Poonie and Ramdehal Deonarine
Bought by
1163 Flatbush Ave Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.89%
Mortgage Type
Commercial
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
331 Tompkins Avenue Corp $625,000 --
331 Tompkins Avenue Corp $625,000 --
1163 Land Llc $762,500 --
1163 Land Llc $762,500 --
Cherchai Properties Inc $925,000 --
Cherchai Properties Inc $925,000 --
1163 Flatbush Ave Inc $175,000 Trw Title Insurance
1163 Flatbush Ave Inc $175,000 Trw Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cherchai Properties Inc $647,500
Previous Owner 1163 Flatbush Ave Inc $138,857
Previous Owner 1163 Flatbush Ave Inc $122,500
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 $5,506 $338,400 $101,250 $237,150
2024 $5,506 $423,000 $101,250 $321,750
2023 $5,235 $528,750 $101,250 $427,500
2022 $4,834 $519,750 $101,250 $418,500
2021 $4,488 $488,700 $101,250 $387,450
2020 $2,043 $488,700 $101,250 $387,450
2019 $6,561 $60,720 $13,500 $47,220
2018 $6,032 $29,592 $7,898 $21,694
2017 $5,959 $29,232 $8,368 $20,864
2016 $5,844 $29,232 $10,041 $19,191
2015 $3,326 $27,707 $11,418 $16,289
2014 $3,326 $26,139 $11,929 $14,210
Source: Public Records

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