NOT LISTED FOR SALE

Estimated Value: $837,000 - $971,000

-- Bed
-- Bath
706 Sq Ft
$1,272/Sq Ft Est. Value

About This Home

This home is located at 228 16th St Unit 5, Brooklyn, NY 11215 and is currently estimated at $897,773, approximately $1,271 per square foot. 228 16th St Unit 5 is a home located in Kings County with nearby schools including Magnet School of Math Science & Design Technology, Hellenic Classical Charter School - Park Slope, and Al-Noor School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2010
Sold by
16Th St Development Llc
Bought by
Chan Mei Yee
Current Estimated Value
$897,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$197,377
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$704,096
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.

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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.

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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.

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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.

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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
Chan Mei Yee $375,180 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Mei Yee $6,179
Open Chan Mei Yee $296,000
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 $158 $151,999 $14,603 $137,396
2024 $158 $142,415 $14,603 $127,812
2023 $155 $118,679 $14,603 $104,076
2022 $154 $116,622 $14,603 $102,019
2021 $155 $137,198 $14,603 $122,595
2020 $76 $150,075 $14,603 $135,472
2019 $159 $144,100 $14,603 $129,497
2018 $160 $68,192 $7,482 $60,710
2017 $160 $66,078 $8,387 $57,691
2016 $163 $61,184 $8,309 $52,875
2015 $127 $56,652 $7,693 $48,959
2014 $127 $52,456 $7,124 $45,332
Source: Public Records

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