NOT LISTED FOR SALE

314 E 16th St Brooklyn, NY 11226

Ditmas Park Neighborhood

Estimated Value: $1,492,000 - $2,548,000

-- Bed
-- Bath
2,809 Sq Ft
$691/Sq Ft Est. Value

About This Home

This home is located at 314 E 16th St, Brooklyn, NY 11226 and is currently estimated at $1,939,616, approximately $690 per square foot. 314 E 16th St is a home located in Kings County with nearby schools including P.S. 139 Alexine a Fenty, Ditmas Junior High school, and Success Academy Charter School-Flatbush.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Kings 314 E Inc
Bought by
Naeem Arsalan and Naeem Zeshan
Current Estimated Value
$1,939,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Outstanding Balance
$1,157,623
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$715,945

Purchase Details

Closed on
Jan 4, 2023
Sold by
Estate Of Etwaria Ramdass and Rudranauth Ramdass As Executor
Bought by
Kings 314 E Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Naeem Arsalan -- --
Kings 314 E Inc $1,125,000 --
Kings 314 E Inc $1,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naeem Arsalan $1,170,000
Closed Naeem Arsalan $161,000
Previous Owner Kings 314 E Inc $1,170,000
Previous Owner Kings 314 E Inc $93,500
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 $9,355 $136,860 $29,700 $107,160
2024 $9,355 $130,860 $29,700 $101,160
2023 $9,213 $115,140 $29,700 $85,440
2022 $8,544 $94,260 $29,700 $64,560
2021 $9,007 $92,700 $29,700 $63,000
2020 $9,007 $102,000 $29,700 $72,300
2019 $8,120 $112,800 $29,700 $83,100
2018 $7,706 $37,803 $11,911 $25,892
2017 $7,270 $35,665 $16,167 $19,498
2016 $7,130 $35,665 $13,945 $21,720
2015 $4,058 $34,287 $17,824 $16,463
2014 $4,058 $32,347 $19,233 $13,114
Source: Public Records

Map

New York Kings County Brooklyn 11226 Ditmas Park

314 E 16th St, Brooklyn, NY

This home is located at 314 E 16th St, Brooklyn, NY 11226 and is currently estimated at $1,939,616, approximately $690 per square foot. 314 E 16th St is a home located in Kings County with nearby schools including P.S. 139 Alexine a Fenty, Ditmas Junior High school, and Success Academy Charter School-Flatbush.

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.

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