NOT LISTED FOR SALE

18 E 16th St Brooklyn, NY 11226

Prospect Park South Neighborhood

Estimated Value: $3,063,141 - $3,919,000

Studio
-- Bath
2,970 Sq Ft
$1,194/Sq Ft Est. Value

About This Home

This home is located at 18 E 16th St, Brooklyn, NY 11226 and is currently estimated at $3,547,035, approximately $1,194 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
$3,547,035

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
$1,524,750

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
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 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 $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

New York Kings County Brooklyn 11226 Prospect Park South

18 E 16th St, Brooklyn, NY

Not Listed for Sale

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