NOT LISTED FOR SALE

1246 E 40th St Brooklyn, NY 11210

Flatlands Neighborhood

Estimated Value: $665,288 - $918,000

-- Bed
-- Bath
1,565 Sq Ft
$491/Sq Ft Est. Value

About This Home

This home is located at 1246 E 40th St, Brooklyn, NY 11210 and is currently estimated at $768,072, approximately $490 per square foot. 1246 E 40th St is a home located in Kings County with nearby schools including P.S. 119 Amersfort, Andries Hudde School, and Midwood Catholic Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2015
Sold by
Melgar Dean
Bought by
Melgar Dean H and Melgar Pilar T
Current Estimated Value
$768,072

Purchase Details

Closed on
Nov 9, 2012
Sold by
Melgar Pilar and Melgar David F
Bought by
Melgar Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
3.42%

Purchase Details

Closed on
Jun 11, 2009
Sold by
Melgar Dean and Melgar Pilar
Bought by
Melgar David F and Melgar Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage
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

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
Melgar Dean H -- --
Melgar Dean -- --
Melgar Dean -- --
Melgar David F -- --
Melgar David F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melgar Dean $648,000
Previous Owner Melgar Dean $648,000
Previous Owner Melgar David F $150,000
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 $6,563 $43,860 $12,900 $30,960
2024 $6,563 $41,400 $12,900 $28,500
2023 $6,286 $49,500 $12,900 $36,600
2022 $5,837 $44,460 $12,900 $31,560
2021 $5,874 $45,120 $12,900 $32,220
2020 $2,924 $39,900 $12,900 $27,000
2019 $5,696 $39,900 $12,900 $27,000
2018 $5,258 $25,795 $9,816 $15,979
2017 $4,967 $24,364 $9,611 $14,753
2016 $4,655 $23,288 $10,014 $13,274
2015 $2,772 $23,288 $10,403 $12,885
2014 $2,772 $22,690 $8,696 $13,994
Source: Public Records

Map

New York Kings County Brooklyn 11210 Flatlands

1246 E 40th St, Brooklyn, NY

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