NOT LISTED FOR SALE

1701 Avenue U Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $2,043,796

-- Bed
-- Bath
3,300 Sq Ft
$619/Sq Ft Est. Value

About This Home

This home is located at 1701 Avenue U, Brooklyn, NY 11229 and is currently estimated at $2,043,796, approximately $619 per square foot. 1701 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 Yeshivat Or Hatorah.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2014
Sold by
Lee Avenue U Llc
Bought by
1701 Ave U Realty Corp
Current Estimated Value
$2,043,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$347,943
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$1,710,885

Purchase Details

Closed on
May 22, 1996
Sold by
Lee Ki Chang
Bought by
Lee Avenue U Llc
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
1701 Ave U Realty Corp $1,345,000 --
Lee Avenue U Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1701 Ave U Realty Corp $450,000
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 $34,413 $329,850 $41,400 $288,450
2024 $34,413 $324,900 $41,400 $283,500
2023 $19,891 $207,000 $41,400 $165,600
2022 $17,151 $161,100 $41,400 $119,700
2021 $15,303 $143,100 $41,400 $101,700
2020 $10,816 $223,650 $41,400 $182,250
2019 $20,439 $223,650 $41,400 $182,250
2018 $19,228 $211,950 $41,400 $170,550
2017 $18,291 $200,700 $41,400 $159,300
2016 $17,596 $167,850 $41,400 $126,450
2015 $10,457 $167,850 $41,400 $126,450
2014 $10,457 $166,050 $41,400 $124,650
Source: Public Records

Map

New York Kings County Brooklyn 11229 Homecrest

1701 Avenue U, Brooklyn, NY

This home is located at 1701 Avenue U, Brooklyn, NY 11229 and is currently estimated at $2,043,796, approximately $619 per square foot. 1701 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 Yeshivat Or Hatorah.

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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