1941 E 16th St Brooklyn, NY 11229
Homecrest NeighborhoodEstimated Value: $1,156,000 - $1,482,879
Studio
--
Bath
1,568
Sq Ft
$802/Sq Ft
Est. Value
About This Home
This home is located at 1941 E 16th St, Brooklyn, NY 11229 and is currently estimated at $1,257,970, approximately $802 per square foot. 1941 E 16th St is a home located in Kings County with nearby schools including P.S. 255 Barbara Reing School, Jhs 234 Arthur W Cunningham, and James Madison High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2011
Sold by
Shushan 14 Llc
Bought by
Faour Faraj and Kabariti Liza
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
$583,578
Outstanding Balance
$399,015
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$858,955
Purchase Details
Closed on
Apr 28, 2011
Sold by
Joyland Group Llc
Bought by
Shushan14 Llc
Purchase Details
Closed on
Oct 26, 2010
Sold by
Marano Jordan
Bought by
Joland Group Llc
Purchase Details
Closed on
Mar 1, 2006
Sold by
Royzen Eleanora
Bought by
90 Ross Corp
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faour Faraj | $642,000 | -- | |
| Shushan14 Llc | $420,000 | -- | |
| Joland Group Llc | $305,000 | -- | |
| 90 Ross Corp | $520,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Faour Faraj | $583,578 |
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 | $7,905 | $72,720 | $13,800 | $58,920 |
| 2024 | $7,905 | $69,720 | $13,800 | $55,920 |
| 2023 | $7,541 | $61,080 | $13,800 | $47,280 |
| 2022 | $6,994 | $57,120 | $13,800 | $43,320 |
| 2021 | $7,373 | $57,480 | $13,800 | $43,680 |
| 2020 | $3,637 | $50,760 | $13,800 | $36,960 |
| 2019 | $6,861 | $54,120 | $13,800 | $40,320 |
| 2018 | $6,308 | $30,943 | $8,412 | $22,531 |
| 2017 | $5,952 | $29,196 | $9,001 | $20,195 |
| 2016 | $5,837 | $29,196 | $9,149 | $20,047 |
| 2015 | $3,322 | $28,972 | $11,306 | $17,666 |
| 2014 | $3,322 | $27,333 | $9,745 | $17,588 |
Source: Public Records
Map
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