NOT LISTED FOR SALE

1188 Union St Brooklyn, NY 11225

Crown Heights Neighborhood

Estimated Value: $1,947,000 - $2,349,000

-- Bed
-- Bath
2,786 Sq Ft
$791/Sq Ft Est. Value

About This Home

This home is located at 1188 Union St, Brooklyn, NY 11225 and is currently estimated at $2,203,534, approximately $790 per square foot. 1188 Union St is a home located in Kings County with nearby schools including P.S. 161 - The Crown School, New Visions Aim Charter High School I., and Epiphany Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2021
Sold by
Cartus Financial Corporation
Bought by
Alvarez Luis A and Hirschfeld Alexandra
Current Estimated Value
$2,203,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,000
Outstanding Balance
$1,186,469
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,017,065

Purchase Details

Closed on
Mar 12, 2021
Sold by
1188 Union Llc
Bought by
Cartus Financial Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,000
Outstanding Balance
$1,186,469
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,017,065

Purchase Details

Closed on
Feb 26, 2019
Sold by
Chu Bon Yu and Coghill Shannan Nicole
Bought by
1188 Union Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,361
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2011
Sold by
Melaney Adam
Bought by
Chu Bon Yu and Coghill Shannan Nicole

Purchase Details

Closed on
Jun 7, 2001
Sold by
Scott Oscar and Scott Jacqueline
Bought by
Melaney Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,800
Interest Rate
7.14%

Purchase Details

Closed on
Feb 5, 1998
Sold by
Latham Weldon H and Latham Spencer H
Bought by
Scott Oscar

Purchase Details

Closed on
Feb 2, 1998
Sold by
Latham Weldon H and Latham Avril H
Bought by
Latham Spencer H
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Alvarez Luis A $1,640,000 --
Alvarez Luis A $1,640,000 --
Cartus Financial Corporation $1,640,000 --
Cartus Financial Corporation $1,640,000 --
1188 Union Llc $439,931 --
1188 Union Llc $439,931 --
Chu Bon Yu $810,000 --
Chu Bon Yu $810,000 --
Melaney Adam -- --
Melaney Adam -- --
Scott Oscar $160,000 --
Scott Oscar $160,000 --
Latham Spencer H -- --
Latham Spencer H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Luis A $1,312,000
Closed Alvarez Luis A $1,312,000
Previous Owner 1188 Union Llc $464,361
Previous Owner Melaney Adam $178,800
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 $5,397 $135,360 $25,740 $109,620
2024 $5,397 $106,920 $25,740 $81,180
2023 $5,458 $111,180 $25,740 $85,440
2022 $5,313 $100,200 $25,740 $74,460
2021 $5,284 $94,680 $25,740 $68,940
2020 $5,014 $88,380 $25,740 $62,640
2019 $4,685 $93,900 $25,740 $68,160
Source: Public Records

Map

New York Kings County Brooklyn 11225 Crown Heights

1188 Union St, Brooklyn, NY

This home is located at 1188 Union St, Brooklyn, NY 11225 and is currently estimated at $2,203,534, approximately $790 per square foot. 1188 Union St is a home located in Kings County with nearby schools including P.S. 161 - The Crown School, New Visions Aim Charter High School I., and Epiphany Lutheran School.

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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