NOT LISTED FOR SALE

1987 Ocean Pkwy Brooklyn, NY 11223

Homecrest Neighborhood

Estimated Value: $3,234,000 - $5,384,424

-- Bed
-- Bath
3,450 Sq Ft
$1,246/Sq Ft Est. Value

About This Home

This home is located at 1987 Ocean Pkwy, Brooklyn, NY 11223 and is currently estimated at $4,297,856, approximately $1,245 per square foot. 1987 Ocean Pkwy 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
Feb 25, 2014
Sold by
Bibi Reuben
Bought by
Sultan Daniel and Sultan Stephanie
Current Estimated Value
$4,297,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$835,341
Interest Rate
4.39%
Mortgage Type
Commercial
Estimated Equity
$3,462,515

Purchase Details

Closed on
Oct 23, 1998
Sold by
Bibi Morris R
Bought by
Bibi Reuben and Bibi Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.7%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sultan Daniel $1,500,000 --
Bibi Reuben $595,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sultan Daniel $1,100,000
Previous Owner Bibi Reuben $476,000
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 $13,349 $254,940 $37,560 $217,380
2024 $13,349 $266,580 $37,560 $229,020
2023 $12,735 $235,080 $37,560 $197,520
2022 $12,239 $192,420 $37,560 $154,860
2021 $12,903 $158,880 $37,560 $121,320
2020 $6,142 $137,700 $37,560 $100,140
2019 $11,586 $126,180 $37,560 $88,620
2018 $10,652 $52,254 $18,789 $33,465
2017 $10,415 $51,092 $15,429 $35,663
2016 $10,214 $51,092 $17,168 $33,924
2015 $5,813 $48,925 $21,786 $27,139
2014 $5,813 $46,156 $18,623 $27,533
Source: Public Records

Map

New York Kings County Brooklyn 11223 Homecrest

1987 Ocean Pkwy, Brooklyn, NY

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.

Nearby Homes