NOT LISTED FOR SALE

123 Bay 8th St Brooklyn, NY 11228

Bath Beach Neighborhood

Estimated Value: $1,298,414 - $1,559,000

-- Bed
-- Bath
2,160 Sq Ft
$658/Sq Ft Est. Value

About This Home

This home is located at 123 Bay 8th St, Brooklyn, NY 11228 and is currently estimated at $1,421,854, approximately $658 per square foot. 123 Bay 8th St is a home located in Kings County with nearby schools including P.S. 229 Dyker, St Bernadette School, and Elite Academy of Science & Technology (EAST).

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2005
Sold by
Perri and Anna
Bought by
Chen Ricong and Lee Janice
Current Estimated Value
$1,421,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Outstanding Balance
$35,268
Interest Rate
5.79%
Estimated Equity
$1,386,586
Source: Public Records

Range of Values:

Collateral Analytics

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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
Chen Ricong $673,000 --
Chen Ricong $673,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Ricong $67,000
Closed Chen Ricong $67,000
Open Chen Ricong $538,000
Closed Chen Ricong $538,000
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 $9,575 $70,140 $15,060 $55,080
2024 $9,575 $59,160 $15,060 $44,100
2023 $9,118 $71,100 $15,060 $56,040
2022 $8,432 $67,860 $15,060 $52,800
2021 $8,376 $65,940 $15,060 $50,880
2020 $4,163 $70,860 $15,060 $55,800
2019 $8,261 $70,560 $15,060 $55,500
2018 $7,566 $38,578 $7,369 $31,209
2017 $7,120 $36,396 $8,451 $27,945
2016 $6,555 $34,338 $8,466 $25,872
2015 $3,921 $34,338 $12,706 $21,632
2014 $3,921 $34,077 $14,190 $19,887
Source: Public Records

Map

New York Kings County Brooklyn 11228 Bath Beach

123 Bay 8th St, Brooklyn, NY

This home is located at 123 Bay 8th St, Brooklyn, NY 11228 and is currently estimated at $1,421,854, approximately $658 per square foot. 123 Bay 8th St is a home located in Kings County with nearby schools including P.S. 229 Dyker, St Bernadette School, and Elite Academy of Science & Technology (EAST).

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