NOT LISTED FOR SALE

283 Cornelia St Unit 1 Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,292,000 - $1,473,676

4 Beds
2 Baths
2,000 Sq Ft
$698/Sq Ft Est. Value

About This Home

This home is located at 283 Cornelia St Unit 1, Brooklyn, NY 11221 and is currently estimated at $1,396,669, approximately $698 per square foot. 283 Cornelia St Unit 1 is a home located in Kings County with nearby schools including P.S. 106 Edward Everett Hale, J.H.S. 291 Roland Hayes, and Achievement First North Brooklyn Prep Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2019
Sold by
Dunkirk Property Holding Inc
Bought by
Zheng Chaoyang
Current Estimated Value
$1,396,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$631,740
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$764,929

Purchase Details

Closed on
Apr 29, 2016
Sold by
Perez Jose
Bought by
Dunkirk Property Holding Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2005
Sold by
Pena Maria and Salcedo Francisco
Bought by
Perez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 1998
Sold by
Rodriguez Victor
Bought by
Salcedo Francisco and Pena Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
6.78%
Mortgage Type
FHA
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
Zheng Chaoyang $999,999 --
Dunkirk Property Holding Inc $490,000 --
Perez Jose $450,000 --
Salcedo Francisco $185,000 Stewart Title Insurance Co
Rodriguez Victor $138,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Chaoyang $720,000
Previous Owner Dunkirk Property Holding Inc $400,000
Previous Owner Perez Jose $360,000
Previous Owner Rodriguez Victor $183,487
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 $3,339 $94,680 $15,240 $79,440
2024 $3,339 $90,540 $15,240 $75,300
2023 $3,187 $90,780 $15,240 $75,540
2022 $2,961 $74,280 $15,240 $59,040
2021 $2,948 $65,520 $15,240 $50,280
2020 $1,465 $75,780 $15,240 $60,540
2019 $2,898 $62,580 $15,240 $47,340
2018 $2,666 $13,076 $3,857 $9,219
2017 $2,519 $12,358 $2,942 $9,416
2016 $2,334 $11,673 $3,753 $7,920
2015 $1,406 $11,667 $4,228 $7,439
2014 $1,406 $11,544 $3,557 $7,987
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bushwick

283 Cornelia St Unit 1, Brooklyn, NY

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