NOT LISTED FOR SALE

Estimated Value: $601,000 - $806,000

-- Bed
-- Bath
986 Sq Ft
$708/Sq Ft Est. Value

About This Home

This home is located at 228 Forbell St, Brooklyn, NY 11208 and is currently estimated at $697,879, approximately $707 per square foot. 228 Forbell St is a home located in Kings County with nearby schools including P.S. 214 - Michael Friedsam, Cypress Hills Ascend Charter Lower School, and Brooklyn Scholars Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Chen Hui Yan and Zheng Wei Yi
Bought by
Howlader Md B
Current Estimated Value
$697,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$551,728
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$146,151

Purchase Details

Closed on
Oct 21, 2015
Sold by
Zheng Wei Ji and Zheng Wei Ke
Bought by
Chen Hui Yan and Zheng Wei Yi

Purchase Details

Closed on
Apr 16, 1999
Sold by
Lasker Shamsul Haq
Bought by
Zheng Wei Yi and Zheng Wei Ke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Howlader Md B $700,000 --
Howlader Md B $700,000 --
Chen Hui Yan -- --
Chen Hui Yan -- --
Chen Hui Yan -- --
Zheng Wei Yi $133,000 --
Zheng Wei Yi $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howlader Md B $560,000
Closed Howlader Md B $560,000
Previous Owner Zheng Wei Yi $80,000
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 $3,467 $36,540 $10,680 $25,860
2024 $3,467 $39,780 $10,680 $29,100
2023 $3,506 $42,000 $10,680 $31,320
2022 $1,448 $41,280 $10,680 $30,600
2021 $1,807 $37,200 $10,680 $26,520
2020 $17 $32,040 $10,680 $21,360
2019 $2,960 $27,960 $10,680 $17,280
2018 $2,873 $15,552 $8,597 $6,955
2017 $2,847 $15,434 $7,385 $8,049
2016 $2,544 $14,561 $7,405 $7,156
2015 $1,615 $13,737 $10,608 $3,129
2014 $1,615 $12,960 $12,000 $960
Source: Public Records

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