NOT LISTED FOR SALE

1607 Avenue U Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $1,171,483

-- Bed
-- Bath
3,930 Sq Ft
$298/Sq Ft Est. Value

About This Home

This home is located at 1607 Avenue U, Brooklyn, NY 11229 and is currently estimated at $1,171,483, approximately $298 per square foot. 1607 Avenue U is a home located in Kings County with nearby schools including P.S. 255 Barbara Reing School, Jhs 234 Arthur W Cunningham, and Windmill Montessori School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2013
Sold by
Sor-San Realty Corp
Bought by
777 Real Estate Llc
Current Estimated Value
$1,171,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$447,505
Interest Rate
4.31%
Mortgage Type
Commercial
Estimated Equity
$752,818
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
777 Real Estate Llc $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 777 Real Estate Llc $600,000
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 $10,025 $121,680 $17,880 $103,800
2024 $10,025 $109,440 $17,880 $91,560
2023 $9,563 $108,360 $17,880 $90,480
2022 $9,297 $99,900 $17,880 $82,020
2021 $9,652 $88,920 $17,880 $71,040
2020 $4,615 $77,280 $17,880 $59,400
2019 $8,701 $67,200 $17,880 $49,320
2018 $7,999 $39,240 $12,533 $26,707
2017 $7,911 $38,808 $13,293 $25,515
2016 $7,640 $38,218 $15,709 $22,509
2015 $4,416 $36,741 $17,351 $19,390
2014 $4,416 $34,662 $15,794 $18,868
Source: Public Records

Map

New York Kings County Brooklyn 11229 Homecrest

1607 Avenue U, Brooklyn, NY

This home is located at 1607 Avenue U, Brooklyn, NY 11229 and is currently estimated at $1,171,483, approximately $298 per square foot. 1607 Avenue U is a home located in Kings County with nearby schools including P.S. 255 Barbara Reing School, Jhs 234 Arthur W Cunningham, and Windmill Montessori School.

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