1585 E 48th St Brooklyn, NY 11234
Flatlands NeighborhoodEstimated Value: $781,000 - $1,351,000
Studio
--
Bath
1,440
Sq Ft
$666/Sq Ft
Est. Value
About This Home
This home is located at 1585 E 48th St, Brooklyn, NY 11234 and is currently estimated at $958,459, approximately $665 per square foot. 1585 E 48th St is a home located in Kings County with nearby schools including P.S. 203 Floyd Bennett, Midwood Catholic Academy, and Christian Heritage Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 3, 2006
Sold by
Haynes Hanif
Bought by
Lothan Gary
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,950
Outstanding Balance
$251,655
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$706,804
Purchase Details
Closed on
Apr 1, 2003
Sold by
Henry Hilda
Bought by
Haynes Hanif
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 1, 2000
Sold by
Beaute Lawrence
Bought by
Henry Hilda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.83%
Purchase Details
Closed on
Oct 28, 1997
Sold by
Spadafora Joseph
Bought by
Beaute Lawrence
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,050
Interest Rate
7.14%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lothan Gary | $550,000 | -- | |
| Haynes Hanif | $300,000 | -- | |
| Henry Hilda | -- | Commonwealth Land Title Ins | |
| Beaute Lawrence | $148,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lothan Gary | $439,950 | |
| Previous Owner | Haynes Hanif | $270,000 | |
| Previous Owner | Henry Hilda | $180,000 | |
| Previous Owner | Beaute Lawrence | $143,050 |
Source: Public Records
Tax History Compared to Growth
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 | $6,217 | $64,260 | $9,720 | $54,540 |
| 2024 | $6,217 | $51,060 | $9,720 | $41,340 |
| 2023 | $5,938 | $47,400 | $9,720 | $37,680 |
| 2022 | $5,579 | $41,400 | $9,720 | $31,680 |
| 2021 | $5,881 | $37,080 | $9,720 | $27,360 |
| 2020 | $2,858 | $34,440 | $9,720 | $24,720 |
| 2019 | $5,396 | $30,660 | $9,720 | $20,940 |
| 2018 | $4,967 | $24,364 | $7,894 | $16,470 |
| 2017 | $4,747 | $23,288 | $7,325 | $15,963 |
| 2016 | $4,655 | $23,288 | $8,459 | $14,829 |
| 2015 | $2,650 | $22,767 | $8,775 | $13,992 |
| 2014 | $2,650 | $21,496 | $8,180 | $13,316 |
Source: Public Records
Map
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