NOT LISTED FOR SALE

1198 Bushwick Ave Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,517,000 - $1,567,000

-- Bed
-- Bath
3,000 Sq Ft
$515/Sq Ft Est. Value

About This Home

This home is located at 1198 Bushwick Ave, Brooklyn, NY 11221 and is currently estimated at $1,545,667, approximately $515 per square foot. 1198 Bushwick Ave is a home located in Kings County with nearby schools including P.S./I.S. 045 Horace E. Greene, Evergreen Middle School for Urban Exploration, and Excellence Girls Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2018
Sold by
Degeorge Susan
Bought by
Nilo Place 1198 Llc
Current Estimated Value
$1,545,667

Purchase Details

Closed on
Jul 26, 2001
Sold by
Olivier Karla
Bought by
Serrano Veronica and Degeorge Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,100
Interest Rate
7.06%

Purchase Details

Closed on
Sep 18, 1995
Sold by
Metropolitan Homes Inc
Bought by
Olivier Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,100
Interest Rate
7.71%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 1994
Sold by
Serrano Luis
Bought by
Metropolitan Homes Inc

Purchase Details

Closed on
Nov 9, 1994
Sold by
Schrader Ralph
Bought by
Serrano Luis
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

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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
Nilo Place 1198 Llc -- --
Serrano Veronica -- --
Olivier Karla $173,000 First American Title Ins Co
Metropolitan Homes Inc $45,000 --
Serrano Luis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Degeorge Susan $334,000
Previous Owner Serrano Veronica $314,100
Previous Owner Olivier Karla $166,100
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 $1,440 $76,800 $8,940 $67,860
2024 $1,440 $73,740 $8,940 $64,800
2023 $1,374 $89,700 $8,940 $80,760
2022 $1,278 $84,840 $8,940 $75,900
2021 $1,405 $77,220 $8,940 $68,280
2020 $1,405 $71,340 $8,940 $62,400
2019 $1,250 $78,900 $8,940 $69,960
2018 $1,149 $5,638 $867 $4,771
2017 $1,149 $5,638 $919 $4,719
2016 $1,118 $5,594 $1,063 $4,531
2015 $642 $5,278 $946 $4,332
2014 $642 $4,980 $1,070 $3,910
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bushwick

1198 Bushwick Ave, Brooklyn, NY

This home is located at 1198 Bushwick Ave, Brooklyn, NY 11221 and is currently estimated at $1,545,667, approximately $515 per square foot. 1198 Bushwick Ave is a home located in Kings County with nearby schools including P.S./I.S. 045 Horace E. Greene, Evergreen Middle School for Urban Exploration, and Excellence Girls Charter 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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