NOT LISTED FOR SALE

1616 E 24th St Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $1,135,000 - $1,355,000

Studio
-- Bath
1,455 Sq Ft
$852/Sq Ft Est. Value

About This Home

This home is located at 1616 E 24th St, Brooklyn, NY 11229 and is currently estimated at $1,239,452, approximately $851 per square foot. 1616 E 24th St is a home located in Kings County with nearby schools including P.S. 197 Kings Highway Academy (The), Jhs 234 Arthur W Cunningham, and James Madison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Steinman Family Residence Trust
Bought by
Elmann Racquel and Esses Isaac Abraham
Current Estimated Value
$1,239,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$727,774
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$511,678

Purchase Details

Closed on
Dec 27, 2018
Sold by
Steinman David and Steinman Rachel
Bought by
David W Steinman Trustee and Rachel Steinman, Trustee

Purchase Details

Closed on
Sep 18, 1995
Sold by
Matays Charles
Bought by
Steinman David and Steinman Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.86%
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.

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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
Elmann Racquel $1,100,000 --
David W Steinman Trustee -- --
Steinman David $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmann Racquel $800,000
Previous Owner Steinman David $193,500
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 $9,096 $71,340 $11,880 $59,460
2024 $9,096 $67,800 $11,880 $55,920
2023 $9,197 $74,940 $11,880 $63,060
2022 $8,837 $75,600 $11,880 $63,720
2021 $8,818 $73,020 $11,880 $61,140
2019 $7,894 $51,600 $11,880 $39,720
2018 $7,395 $37,738 $9,024 $28,714
2017 $7,220 $36,888 $9,412 $27,476
2016 $6,670 $34,917 $9,317 $25,600
2015 $3,977 $33,315 $11,470 $21,845
2014 $3,977 $31,449 $11,342 $20,107
Source: Public Records

Map

New York Kings County Brooklyn 11229 Madison

1616 E 24th St, Brooklyn, NY

Not Listed for Sale

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