NOT LISTED FOR SALE

1888 Gerritsen Ave Brooklyn, NY 11229

Madison Neighborhood

Estimated Value: $671,000 - $1,036,000

-- Bed
-- Bath
1,120 Sq Ft
$735/Sq Ft Est. Value

About This Home

This home is located at 1888 Gerritsen Ave, Brooklyn, NY 11229 and is currently estimated at $823,576, approximately $735 per square foot. 1888 Gerritsen Ave is a home located in Kings County with nearby schools including PS 222 Katherine R Snyder, J.H.S. 278 Marine Park, and James Madison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2020
Sold by
Panama 130 Llc
Bought by
Aung Sweswe and Tun Sanmin
Current Estimated Value
$779,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,970
Outstanding Balance
$619,213
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$153,701

Purchase Details

Closed on
Feb 19, 2019
Sold by
Benjamin Bernstein Deceased
Bought by
Panama 130 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 1999
Sold by
Korins Phyllis
Bought by
Bernstein Helen Libby
Source: Public Records

Range of Values:

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
Aung Sweswe $720,000 --
Panama 130 Llc $390,000 --
Bernstein Helen Libby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aung Sweswe $79,472
Open Aung Sweswe $695,970
Previous Owner Panama 130 Llc $385,000
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 $5,868 $46,020 $7,020 $39,000
2024 $5,868 $46,380 $7,020 $39,360
2023 $5,598 $51,540 $7,020 $44,520
2022 $5,502 $51,540 $7,020 $44,520
2021 $5,757 $47,940 $7,020 $40,920
2020 $4,318 $40,860 $7,020 $33,840
2019 $5,093 $40,860 $7,020 $33,840
2018 $4,384 $22,968 $4,931 $18,037
2017 $4,382 $22,968 $4,816 $18,152
2016 $4,247 $22,795 $5,313 $17,482
2015 $2,664 $21,505 $6,578 $14,927
2014 $2,664 $20,288 $7,450 $12,838
Source: Public Records

Map

New York Kings County Brooklyn 11229 Madison

1888 Gerritsen Ave, Brooklyn, NY

This home is located at 1888 Gerritsen Ave, Brooklyn, NY 11229 and is currently estimated at $823,576, approximately $735 per square foot. 1888 Gerritsen Ave is a home located in Kings County with nearby schools including PS 222 Katherine R Snyder, J.H.S. 278 Marine Park, and James Madison High School.

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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