2228 W 5th St Brooklyn, NY 11223
Gravesend NeighborhoodEstimated Value: $1,020,000 - $1,192,000
4
Beds
2
Baths
1,400
Sq Ft
$797/Sq Ft
Est. Value
About This Home
This home is located at 2228 W 5th St, Brooklyn, NY 11223 and is currently estimated at $1,115,371, approximately $796 per square foot. 2228 W 5th St is a home located in Kings County with nearby schools including P.S. 95 - The Gravesend, Is 228 David A Boody, and Coney Island Preparatory Public Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 5, 2021
Sold by
Mei Hong Qi Kang and Zhu Ying
Bought by
Lin Tao
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
$598,800
Outstanding Balance
$545,306
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$621,915
Purchase Details
Closed on
Apr 6, 2015
Sold by
Huang Huanzhuan and Mei Hong Qi
Bought by
Mei Hong Qi Kang and Zhu Ying
Purchase Details
Closed on
Jul 15, 2014
Sold by
Droseros Katherine and Patestos Paul
Bought by
Huang Huanzhuan and Mei Hong Qi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2003
Sold by
Maiuro Julie and Natale Sally
Bought by
Droseros Katherine and Patestos Paul
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
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 4, 2002
Sold by
Natale Sally
Bought by
Natale Sally and Maiuro Julie
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Tao | $998,000 | -- | |
| Lin Tao | $998,000 | -- | |
| Mei Hong Qi Kang | $340,000 | -- | |
| Mei Hong Qi Kang | $340,000 | -- | |
| Huang Huanzhuan | $680,000 | -- | |
| Huang Huanzhuan | $680,000 | -- | |
| Droseros Katherine | $400,000 | -- | |
| Droseros Katherine | $400,000 | -- | |
| Maiuro Julie | -- | -- | |
| Natale Sally | -- | -- | |
| Natale Sally | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Tao | $598,800 | |
| Closed | Lin Tao | $598,800 | |
| Previous Owner | Huang Huanzhuan | $340,000 | |
| Previous Owner | Droseros Katherine | $320,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,720 | $55,380 | $11,580 | $43,800 |
| 2024 | $5,720 | $65,160 | $11,580 | $53,580 |
| 2023 | $5,457 | $58,500 | $11,580 | $46,920 |
| 2022 | $4,023 | $56,400 | $11,580 | $44,820 |
| 2021 | $5,612 | $43,560 | $11,580 | $31,980 |
| 2020 | $2,632 | $36,420 | $11,580 | $24,840 |
| 2019 | $4,965 | $40,140 | $11,580 | $28,560 |
| 2018 | $4,565 | $22,392 | $4,823 | $17,569 |
| 2017 | $4,565 | $22,392 | $5,395 | $16,997 |
| 2016 | $4,442 | $22,222 | $7,089 | $15,133 |
| 2015 | $2,957 | $20,965 | $7,534 | $13,431 |
| 2014 | $2,957 | $19,779 | $8,537 | $11,242 |
Source: Public Records
Map
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