NOT LISTED FOR SALE

1616 W 5th St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $836,000 - $1,100,000

-- Bed
-- Bath
1,288 Sq Ft
$758/Sq Ft Est. Value

About This Home

This home is located at 1616 W 5th St, Brooklyn, NY 11223 and is currently estimated at $976,735, approximately $758 per square foot. 1616 W 5th St is a home located in Kings County with nearby schools including P.S.177 The Marlboro, Seth Low Intermediate School 96, and James Madison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 1997
Sold by
Niman Haskell
Bought by
Chan Raymond K and Chung Angela
Current Estimated Value
$976,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.77%

Purchase Details

Closed on
Nov 22, 1996
Sold by
Niman Evelyn
Bought by
Niman Haskall and Niman Elliot
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

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
Chan Raymond K $186,500 Commonwealth Land Title Ins
Chan Raymond K $186,500 Commonwealth Land Title Ins
Niman Haskall -- --
Niman Haskall -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Raymond K $120,000
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 $7,507 $54,060 $11,280 $42,780
2024 $7,507 $46,320 $11,280 $35,040
2023 $7,255 $54,900 $11,280 $43,620
2022 $6,742 $51,000 $11,280 $39,720
2021 $7,303 $49,680 $11,280 $38,400
2020 $7,303 $52,260 $11,280 $40,980
2019 $6,467 $48,360 $11,280 $37,080
2018 $6,009 $30,936 $6,778 $24,158
2017 $6,007 $30,936 $7,514 $23,422
2016 $5,738 $30,255 $7,349 $22,906
2015 $3,300 $28,543 $9,039 $19,504
2014 $3,300 $26,928 $9,979 $16,949
Source: Public Records

Map

New York Kings County Brooklyn 11223 Gravesend

1616 W 5th St, Brooklyn, NY

This home is located at 1616 W 5th St, Brooklyn, NY 11223 and is currently estimated at $976,735, approximately $758 per square foot. 1616 W 5th St is a home located in Kings County with nearby schools including P.S.177 The Marlboro, Seth Low Intermediate School 96, and James Madison High School.

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