NOT LISTED FOR SALE

1507 Nostrand Ave New York, NY 11226

Flatbush Neighborhood

Estimated Value: $1,394,448

6 Beds
2 Baths
3,300 Sq Ft
$423/Sq Ft Est. Value

About This Home

This home is located at 1507 Nostrand Ave, New York, NY 11226 and is currently estimated at $1,394,448, approximately $422 per square foot. 1507 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 181, Middle School 246 Walt Whitman, and Flatbush Ascend Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2025
Sold by
1507 Nostrand Owner Llc
Bought by
David Akilah and Frederick Andrea
Current Estimated Value
$1,394,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,384,461
Outstanding Balance
$1,377,430
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,201

Purchase Details

Closed on
May 17, 2018
Sold by
1507 Nostrand Llc
Bought by
1507 Nostrand Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,687
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2016
Sold by
Dermalax System Of Cosmetic Art Inc
Bought by
1507 Nostrand Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.62%
Mortgage Type
Commercial
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

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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
David Akilah $1,410,000 --
1507 Nostrand Owner Llc $1,365,000 --
1507 Nostrand Llc $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David Akilah $1,384,461
Previous Owner 1507 Nostrand Owner Llc $390,687
Previous Owner 1507 Nostrand Llc $450,000
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 $7,891 $67,500 $14,100 $53,400
2024 $7,891 $67,200 $14,100 $53,100
2023 $7,528 $70,680 $14,100 $56,580
2022 $7,313 $55,500 $14,100 $41,400
2021 $7,517 $50,040 $14,100 $35,940
2020 $5,637 $57,360 $14,100 $43,260
2019 $6,849 $57,360 $14,100 $43,260
2018 $6,297 $30,888 $8,683 $22,205
2017 $6,223 $30,528 $9,197 $21,331
2016 $5,950 $29,764 $10,761 $19,003
2015 $3,473 $28,080 $12,175 $15,905
2014 $3,473 $27,284 $12,450 $14,834
Source: Public Records

Map

New York Kings County New York 11226 Flatbush

1507 Nostrand Ave, New York, NY

This home is located at 1507 Nostrand Ave, New York, NY 11226 and is currently estimated at $1,394,448, approximately $422 per square foot. 1507 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 181, Middle School 246 Walt Whitman, and Flatbush Ascend 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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