NOT LISTED FOR SALE

1602 Avenue V Brooklyn, NY 11229

Sheepshead Bay Neighborhood

Estimated Value: $1,183,000 - $2,085,000

-- Bed
5 Baths
3,880 Sq Ft
$428/Sq Ft Est. Value

About This Home

This home is located at 1602 Avenue V, Brooklyn, NY 11229 and is currently estimated at $1,660,084, approximately $427 per square foot. 1602 Avenue V is a home located in Kings County with nearby schools including Ps 206 Joseph F Lamb, Jhs 234 Arthur W Cunningham, and Yeshivat Or Hatorah.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Chen Miaolian and Leung Dak Lam
Bought by
Chen Miaolian
Current Estimated Value
$1,660,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Outstanding Balance
$762,032
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$898,052

Purchase Details

Closed on
Mar 19, 2020
Sold by
Leung Dak Lam
Bought by
Chen Miaolian and Leung Dak Lam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,384
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2015
Sold by
C V B Llc
Bought by
Leung Dak Lam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$902,013
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2012
Sold by
Bottalico Carmela and Bottalico Victor
Bought by
Cvb Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Chen Miaolian $328,825 --
Chen Miaolian $328,825 --
Chen Miaolian -- --
Chen Miaolian -- --
Chen Miaolian -- --
Leung Dak Lam $985,000 --
Leung Dak Lam $985,000 --
Leung Dak Lam $985,000 --
Cvb Llc $823,000 --
Cvb Llc $823,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Miaolian $775,000
Closed Chen Miaolian $775,000
Closed Chen Miaolian $20,384
Previous Owner Leung Dak Lam $902,013
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 $9,413 $96,420 $21,120 $75,300
2024 $9,413 $87,060 $21,120 $65,940
2023 $8,994 $97,440 $21,120 $76,320
2022 $8,755 $100,680 $21,120 $79,560
2021 $8,709 $81,000 $21,120 $59,880
2020 $4,316 $73,920 $21,120 $52,800
2019 $8,170 $73,920 $21,120 $52,800
2018 $7,523 $36,903 $11,208 $25,695
2017 $7,450 $36,547 $12,136 $24,411
2016 $6,894 $34,485 $12,175 $22,310
2015 $4,158 $34,485 $12,649 $21,836
2014 $4,158 $32,546 $12,319 $20,227
Source: Public Records

Map

New York Kings County Brooklyn 11229 Sheepshead Bay

1602 Avenue V, Brooklyn, NY

Not Listed for Sale

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