314 E 16th St Brooklyn, NY 11226
Ditmas Park NeighborhoodEstimated Value: $1,256,000 - $2,153,000
--
Bed
--
Bath
2,809
Sq Ft
$633/Sq Ft
Est. Value
About This Home
This home is located at 314 E 16th St, Brooklyn, NY 11226 and is currently estimated at $1,778,236, approximately $633 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
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
$1,153,617
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$624,619
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
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Naeem Arsalan | -- | -- | |
| Naeem Arsalan | -- | -- | |
| Kings 314 E Inc | $1,125,000 | -- | |
| 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 | $1,170,000 | |
| Previous Owner | Kings 314 E Inc | $1,170,000 |
Source: Public Records
Tax History Compared to Growth
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
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