NOT LISTED FOR SALE

242 E 5th St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,718,000 - $2,095,563

-- Bed
-- Bath
2,648 Sq Ft
$726/Sq Ft Est. Value

About This Home

This home is located at 242 E 5th St, Brooklyn, NY 11218 and is currently estimated at $1,923,641, approximately $726 per square foot. 242 E 5th St is a home located in Kings County with nearby schools including P.S. 130 - The Parkside School, Ditmas Junior High school, and Brooklyn Prospect High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Helene Maurin House Trust and Janice Droner As Trustee
Bought by
Scheihagen Torsten and Solomon Adina
Current Estimated Value
$1,923,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,224,000
Outstanding Balance
$1,112,995
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$810,646

Purchase Details

Closed on
Oct 19, 2004
Sold by
Maurin Helene
Bought by
As Trustee Of Helene Maurin House Trust
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
Scheihagen Torsten $1,600,000 --
Scheihagen Torsten $1,600,000 --
As Trustee Of Helene Maurin House Trust -- --
As Trustee Of Helene Maurin House Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheihagen Torsten $200,000
Open Scheihagen Torsten $1,224,000
Closed Scheihagen Torsten $1,224,000
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 $7,858 $144,960 $26,520 $118,440
2024 $7,858 $119,220 $26,520 $92,700
2023 $7,509 $118,380 $26,520 $91,860
2022 $7,038 $100,440 $26,520 $73,920
2021 $2,965 $93,660 $26,520 $67,140
2020 $4 $106,440 $26,520 $79,920
2019 $2,751 $114,720 $26,520 $88,200
2018 $2,481 $30,812 $7,604 $23,208
2017 $2,348 $29,378 $11,004 $18,374
2016 $2,256 $28,782 $11,482 $17,300
2015 $1,233 $28,764 $16,384 $12,380
2014 $1,233 $27,169 $14,692 $12,477
Source: Public Records

Map

New York Kings County Brooklyn 11218 Kensington

242 E 5th St, Brooklyn, NY

This home is located at 242 E 5th St, Brooklyn, NY 11218 and is currently estimated at $1,923,641, approximately $726 per square foot. 242 E 5th St is a home located in Kings County with nearby schools including P.S. 130 - The Parkside School, Ditmas Junior High school, and Brooklyn Prospect 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.

Nearby Homes