NOT LISTED FOR SALE

1985 E 7th St Brooklyn, NY 11223

Homecrest Neighborhood

Estimated Value: $2,891,000 - $4,155,447

7 Beds
5 Baths
3,366 Sq Ft
$1,075/Sq Ft Est. Value

About This Home

This home is located at 1985 E 7th St, Brooklyn, NY 11223 and is currently estimated at $3,617,612, approximately $1,074 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
$3,566,586

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
$1,326,669
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,250,489

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%
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
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 $300,000
Previous Owner Steinharter Leon I $150,000
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 $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
2020 $7,655 $123,600 $26,760 $96,840
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

New York Kings County Brooklyn 11223 Homecrest

1985 E 7th St, Brooklyn, NY

This home is located at 1985 E 7th St, Brooklyn, NY 11223 and is currently estimated at $3,617,612, approximately $1,074 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.

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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