NOT LISTED FOR SALE

123 Bay 40th St Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $1,550,000 - $1,611,000

-- Bed
-- Bath
3,245 Sq Ft
$488/Sq Ft Est. Value

About This Home

This home is located at 123 Bay 40th St, Brooklyn, NY 11214 and is currently estimated at $1,583,458, approximately $487 per square foot. 123 Bay 40th St is a home located in Kings County with nearby schools including P.S. 212 Lady Deborah Moody, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Chan Kan Yip and Zheng Yue Xian
Bought by
Hu William and Liu Christine
Current Estimated Value
$1,583,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$973,800
Outstanding Balance
$885,486
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$626,675

Purchase Details

Closed on
Dec 22, 2011
Sold by
Zhao Calvin Y
Bought by
Chan Kan Yip and Zheng Yue Xian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2009
Sold by
Chu Kit Fei
Bought by
Zhao Calvin Y and Zhao Ken
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
Hu William $1,299,000 --
Chan Kan Yip $798,000 --
Zhao Calvin Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu William $973,800
Previous Owner Chan Kan Yip $300,000
Previous Owner Zhao Jie Bin $137,500
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 $8,894 $94,920 $11,160 $83,760
2024 $8,894 $81,900 $11,160 $70,740
2023 $8,557 $95,220 $11,160 $84,060
2022 $8,411 $101,160 $11,160 $90,000
2021 $8,669 $78,120 $11,160 $66,960
2020 $8,273 $87,840 $11,160 $76,680
2019 $7,720 $70,320 $11,160 $59,160
2018 $7,158 $35,112 $4,951 $30,161
2017 $7,158 $35,112 $5,790 $29,322
2016 $6,900 $34,516 $7,181 $27,335
2015 $3,995 $32,569 $10,184 $22,385
2014 $3,995 $30,753 $9,616 $21,137
Source: Public Records

Map

New York Kings County Brooklyn 11214 Gravesend

123 Bay 40th St, Brooklyn, NY

This home is located at 123 Bay 40th St, Brooklyn, NY 11214 and is currently estimated at $1,583,458, approximately $487 per square foot. 123 Bay 40th St is a home located in Kings County with nearby schools including P.S. 212 Lady Deborah Moody, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

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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