18 E 16th St Brooklyn, NY 11226
Prospect Park South NeighborhoodEstimated Value: $3,032,560 - $3,550,000
Studio
--
Bath
2,970
Sq Ft
$1,118/Sq Ft
Est. Value
About This Home
This home is located at 18 E 16th St, Brooklyn, NY 11226 and is currently estimated at $3,320,890, approximately $1,118 per square foot. 18 E 16th St is a home located in Kings County with nearby schools including P.S. 249 - The Caton, Flatbush Ascend Charter School, and Success Academy Charter School-Flatbush.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 18, 2022
Sold by
Buckingham Development Group Inc and K & Dz Corp
Bought by
Aaron Michael and Parkinson Sarah
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Outstanding Balance
$2,022,285
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,298,605
Purchase Details
Closed on
Jul 16, 2018
Sold by
Buckingham Development Corp and K & Dz Corp
Bought by
Buckingham Development Group Inc and K & Dz Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 22, 2012
Sold by
Agard Patricia
Bought by
Buckingham Development Corp and K & Dz Corp
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
Interest Rate
3.5%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aaron Michael | $2,750,000 | -- | |
| Aaron Michael | $2,750,000 | -- | |
| Buckingham Development Group Inc | -- | -- | |
| Buckingham Development Group Inc | -- | -- | |
| Buckingham Development Corp | $590,000 | -- | |
| Buckingham Development Corp | $590,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aaron Michael | $2,200,000 | |
| Closed | Aaron Michael | $2,200,000 | |
| Previous Owner | Buckingham Development Group Inc | $370,000 | |
| Previous Owner | Buckingham Development Corp | $450,000 |
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 | $17,038 | $205,020 | $28,560 | $176,460 |
| 2024 | $17,038 | $172,620 | $28,560 | $144,060 |
| 2023 | $16,406 | $155,340 | $28,560 | $126,780 |
| 2022 | $15,316 | $127,140 | $28,560 | $98,580 |
| 2021 | $16,058 | $131,760 | $28,560 | $103,200 |
| 2020 | $15,514 | $130,920 | $28,560 | $102,360 |
| 2019 | $13,811 | $82,260 | $28,560 | $53,700 |
| 2018 | $13,105 | $62,648 | $22,660 | $39,988 |
Source: Public Records
Map
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