NOT LISTED FOR SALE

196 Bay 40th St Brooklyn, NY 11214

Gravesend Neighborhood

Estimated Value: $1,461,000 - $1,665,000

-- Bed
-- Bath
3,333 Sq Ft
$462/Sq Ft Est. Value

About This Home

This home is located at 196 Bay 40th St, Brooklyn, NY 11214 and is currently estimated at $1,540,333, approximately $462 per square foot. 196 Bay 40th St is a home located in Kings County with nearby schools including P.S. 101 the Verrazano, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2017
Sold by
196 Bay 40 Llc
Bought by
Wong David and Wong James
Current Estimated Value
$1,540,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$133,622
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,299,378

Purchase Details

Closed on
Dec 22, 2011
Sold by
Wong Shi Kei
Bought by
196 Bay 40 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 1996
Sold by
Alamo Ethel
Bought by
Wong Shi Kei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.01%
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
Wong David $200,000 --
196 Bay 40 Llc -- --
Wong Shi Kei $272,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong David $160,000
Previous Owner 196 Bay 40 Llc $320,000
Previous Owner Wong Shi Kei $170,000
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 $8,877 $114,960 $11,700 $103,260
2024 $8,877 $97,260 $11,700 $85,560
2023 $8,437 $101,100 $11,700 $89,400
2022 $5,845 $84,000 $11,700 $72,300
2021 $8,111 $76,620 $11,700 $64,920
2020 $1,866 $82,080 $11,700 $70,380
2019 $9,491 $82,080 $11,700 $70,380
2018 $8,748 $42,912 $6,072 $36,840
2017 $8,275 $40,594 $6,883 $33,711
2016 $8,023 $40,131 $9,185 $30,946
2015 $4,399 $37,860 $13,020 $24,840
2014 $4,399 $37,808 $13,002 $24,806
Source: Public Records

Map

New York Kings County Brooklyn 11214 Gravesend

196 Bay 40th St, Brooklyn, NY

This home is located at 196 Bay 40th St, Brooklyn, NY 11214 and is currently estimated at $1,540,333, approximately $462 per square foot. 196 Bay 40th St is a home located in Kings County with nearby schools including P.S. 101 the Verrazano, Is 281 Joseph B Cavallaro, and Hebrew Language Academy Charter 2.

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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