NOT LISTED FOR SALE

124 Patchen Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,718,000 - $2,555,372

8 Beds
-- Bath
3,345 Sq Ft
$614/Sq Ft Est. Value

About This Home

This home is located at 124 Patchen Ave, Brooklyn, NY 11221 and is currently estimated at $2,054,593, approximately $614 per square foot. 124 Patchen Ave is a home located in Kings County with nearby schools including P.S. 309 George E. Wibecan Preparatory Academy, La Cima Charter School, and Ember Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Townhouse Rental Ii Llc
Bought by
Townhouse Rental Llc
Current Estimated Value
$2,054,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,979,094
Outstanding Balance
$76,895,034
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$74,995,132

Purchase Details

Closed on
Mar 23, 2022
Sold by
Levine Daniel and Rubinstein Justin
Bought by
Townhouse Rental Ii Llc

Purchase Details

Closed on
May 12, 2015
Sold by
124 Patchen Llc
Bought by
Rubinstein Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2013
Sold by
Malcolm X Properties Llc
Bought by
124 Patchen Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.51%

Purchase Details

Closed on
Jun 26, 2012
Sold by
Summers Isaac
Bought by
Malcolm X Properties Llc
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Townhouse Rental Llc -- --
Townhouse Rental Ii Llc $1,500,000 --
Levine Daniel -- --
Rubinstein Justin $1,200,000 --
124 Patchen Ave Llc -- --
Malcolm X Properties Llc $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townhouse Rental Llc $79,979,094
Previous Owner Rubinstein Justin $960,000
Previous Owner 124 Patchen Ave Llc $400,000
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 $16,346 $129,000 $12,300 $116,700
2024 $16,346 $102,540 $12,300 $90,240
2023 $16,404 $97,860 $12,300 $85,560
2022 $15,212 $101,520 $12,300 $89,220
2021 $15,128 $111,360 $12,300 $99,060
2020 $7,095 $93,060 $12,300 $80,760
2019 $14,187 $73,980 $12,300 $61,680
2018 $13,721 $67,308 $9,821 $57,487
2017 $12,944 $63,499 $10,242 $53,257
2016 $11,976 $59,905 $10,935 $48,970
2015 $53 $56,515 $8,866 $47,649
2014 $53 $1,298 $1,298 $0
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

124 Patchen Ave, Brooklyn, NY

This home is located at 124 Patchen Ave, Brooklyn, NY 11221 and is currently estimated at $2,054,593, approximately $614 per square foot. 124 Patchen Ave is a home located in Kings County with nearby schools including P.S. 309 George E. Wibecan Preparatory Academy, La Cima Charter School, and Ember 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.

Nearby Homes