1985 E 7th St Brooklyn, NY 11223
Homecrest NeighborhoodEstimated Value: $2,810,000 - $3,851,539
7
Beds
5
Baths
3,366
Sq Ft
$992/Sq Ft
Est. Value
About This Home
This home is located at 1985 E 7th St, Brooklyn, NY 11223 and is currently estimated at $3,338,635, approximately $991 per square foot. 1985 E 7th St is a home located in Kings County with nearby schools including P.S. 153 - Homecrest, Jhs 234 Arthur W Cunningham, and Abraham Lincoln High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 29, 2018
Sold by
Steinharter Leon I and Steinharter Rachel
Bought by
Sb 1985 East 7 Llc
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
$1,500,000
Outstanding Balance
$1,316,354
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,022,281
Purchase Details
Closed on
May 13, 1997
Sold by
Steinharter Rachel and Herskovits Margit
Bought by
Steinharter Leon I and Steinharter Rachel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.86%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sb 1985 East 7 Llc | $2,200,000 | -- | |
| Sb 1985 East 7 Llc | $2,200,000 | -- | |
| Sb 1985 East 7 Llc | $2,200,000 | -- | |
| Steinharter Leon I | -- | Chicago Title Insurance Co | |
| Steinharter Leon I | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sb 1985 East 7 Llc | $1,500,000 | |
| Closed | Sb 1985 East 7 Llc | $1,500,000 | |
| Previous Owner | Steinharter Leon I | $150,000 |
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 | $10,980 | $199,380 | $26,760 | $172,620 |
| 2024 | $10,980 | $174,120 | $26,760 | $147,360 |
| 2023 | $10,459 | $153,900 | $26,760 | $127,140 |
| 2022 | $9,676 | $125,940 | $26,760 | $99,180 |
| 2021 | $10,207 | $138,120 | $26,760 | $111,360 |
| 2019 | $9,482 | $98,280 | $26,760 | $71,520 |
| 2018 | $8,688 | $44,082 | $11,312 | $32,770 |
| 2017 | $8,178 | $41,588 | $8,615 | $32,973 |
| 2016 | $8,004 | $41,588 | $8,943 | $32,645 |
| 2015 | $4,512 | $41,274 | $13,328 | $27,946 |
| 2014 | $4,512 | $38,938 | $12,071 | $26,867 |
Source: Public Records
Map
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