NOT LISTED FOR SALE

1616 40th St Brooklyn, NY 11218

Borough Park Neighborhood

Estimated Value: $1,517,000 - $1,891,933

-- Bed
-- Bath
2,190 Sq Ft
$802/Sq Ft Est. Value

About This Home

This home is located at 1616 40th St, Brooklyn, NY 11218 and is currently estimated at $1,757,233, approximately $802 per square foot. 1616 40th St is a home located in Kings County with nearby schools including P.S./I.S. 192 Magnet School For Math And Science Inquiry, I.S. 223 The Montauk, and Franklin Delano Roosevelt High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2010
Sold by
Blumenfrucht Moshe
Bought by
Blumenfrucht Moshe and Blumenfrucht Nechama
Current Estimated Value
$1,757,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,291
Outstanding Balance
$6,943
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,774,093

Purchase Details

Closed on
Feb 1, 2006
Sold by
Trilivas John and Trilivas Peter
Bought by
Blumenfrucht Moshe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Blumenfrucht Moshe -- --
Blumenfrucht Moshe -- --
Blumenfrucht Moshe $775,000 --
Blumenfrucht Moshe $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blumenfrucht Moshe $10,291
Closed Blumenfrucht Moshe $10,291
Previous Owner Blumenfrucht Moshe $400,000
Previous Owner Trilivas Peter $131,881
Previous Owner Trilivas Peter $150,000
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
2024 $9,138 $87,120 $24,960 $62,160
2023 $9,240 $76,980 $24,960 $52,020
2022 $8,704 $71,460 $24,960 $46,500
2021 $8,864 $69,960 $24,960 $45,000
2020 $3,473 $63,420 $24,960 $38,460
2019 $6,619 $59,700 $24,960 $34,740
2018 $6,438 $33,042 $11,599 $21,443
2017 $6,119 $31,489 $14,085 $17,404
2016 $5,734 $30,232 $13,183 $17,049
2015 $3,363 $28,844 $18,081 $10,763
2014 $3,363 $27,535 $17,767 $9,768
Source: Public Records

Map

New York Kings County Brooklyn 11218 Borough Park

1616 40th St, Brooklyn, NY

This home is located at 1616 40th St, Brooklyn, NY 11218 and is currently estimated at $1,757,233, approximately $802 per square foot. 1616 40th St is a home located in Kings County with nearby schools including P.S./I.S. 192 Magnet School For Math And Science Inquiry, I.S. 223 The Montauk, and Franklin Delano Roosevelt High 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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