NOT LISTED FOR SALE

1553 40th St Brooklyn, NY 11218

Borough Park Neighborhood

Estimated Value: $1,698,000 - $2,688,000

Studio
-- Bath
2,480 Sq Ft
$888/Sq Ft Est. Value

About This Home

This home is located at 1553 40th St, Brooklyn, NY 11218 and is currently estimated at $2,203,379, approximately $888 per square foot. 1553 40th St is a home located in Kings County with nearby schools including P.S. 164 Caesar Rodney School, I.S. 223 The Montauk, and Franklin Delano Roosevelt High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2023
Sold by
Friedman Simon
Bought by
Simon Friedman Trustee and Tirno Family Trust
Current Estimated Value
$2,203,379

Purchase Details

Closed on
Dec 27, 2018
Sold by
Simon Friedman As Trustee and Tirno Family Trust
Bought by
Friedman Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2011
Sold by
Robert Heimfeld
Bought by
Simon Friedman- Trustee and Tirno Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Simon Friedman Trustee -- --
Friedman Simon -- --
Simon Friedman- Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friedman Simon $500,000
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 $9,026 $108,420 $26,160 $82,260
2024 $9,026 $89,220 $26,160 $63,060
2023 $8,611 $78,600 $26,160 $52,440
2022 $8,464 $64,320 $26,160 $38,160
2021 $8,822 $69,600 $26,160 $43,440
2020 $4,153 $84,360 $26,160 $58,200
2019 $7,834 $78,720 $26,160 $52,560
2018 $7,202 $35,332 $10,366 $24,966
2017 $7,202 $35,332 $12,265 $23,067
2016 $6,984 $34,934 $16,084 $18,850
2015 $4,020 $33,081 $16,388 $16,693
2014 $4,020 $31,209 $16,858 $14,351
Source: Public Records

Map

New York Kings County Brooklyn 11218 Borough Park

1553 40th St, Brooklyn, NY

Not Listed for Sale

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
Your Personal Tour Guide

Ask me questions while you tour the home.