NOT LISTED FOR SALE

247-249 8th Ave Unit 2R Brooklyn, NY 11215

Park Slope Neighborhood

Estimated Value: $1,130,000 - $1,306,000

-- Bed
-- Bath
1,084 Sq Ft
$1,128/Sq Ft Est. Value

About This Home

This home is located at 247-249 8th Ave Unit 2R, Brooklyn, NY 11215 and is currently estimated at $1,223,285, approximately $1,128 per square foot. 247-249 8th Ave Unit 2R is a home located in Kings County with nearby schools including P.S. 39 Henry Bristow and St Saviour High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
Gudavalli Revocable Trust and Madhu Gudavalli Trustee
Bought by
Kristin Chace Living Trust and Kristin Chace Trustee
Current Estimated Value
$1,223,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Outstanding Balance
$982,842
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$240,443

Purchase Details

Closed on
Sep 18, 2020
Sold by
Gudavalli Madhu and Gudavalli Prasad
Bought by
Madhu Gudavalli As Trustee and Prasad Gudavalli As Trustee

Purchase Details

Closed on
Jul 18, 2006
Sold by
Park Slope Condominiums Llc
Bought by
Gudavalli Madhu and Gudavalli Prasad
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
Kristin Chace Living Trust $1,100,000 --
Madhu Gudavalli As Trustee -- --
Madhu Gudavalli As Trustee -- --
Gudavalli Madhu $641,498 --
Gudavalli Madhu $641,498 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kristin Chace Living Trust $990,000
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 $338 $138,547 $5,452 $133,095
2024 $338 $129,975 $5,452 $124,523
2023 $332 $143,209 $5,452 $137,757
2022 $331 $132,306 $5,452 $126,854
2021 $332 $132,306 $5,452 $126,854
2020 $337 $136,404 $5,452 $130,952
2019 $341 $127,117 $5,452 $121,665
2018 $0 $116,314 $3,827 $112,487
Source: Public Records

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