348 79th St Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated Value: $1,481,000 - $1,881,000
Studio
--
Bath
3,048
Sq Ft
$552/Sq Ft
Est. Value
About This Home
This home is located at 348 79th St, Brooklyn, NY 11209 and is currently estimated at $1,683,512, approximately $552 per square foot. 348 79th St is a home located in Kings County with nearby schools including P.S. 185 Walter Kassenbrock, Junior High School 259 William McKinley, and Fort Hamilton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 17, 2014
Sold by
Li Ken Lin and Zhao Joyce Lan
Bought by
Lei Cheng I and Li Cong
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
$450,000
Outstanding Balance
$338,757
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$1,344,755
Purchase Details
Closed on
Jun 12, 2009
Sold by
Scotto Michelina A
Bought by
Li Ken Lin and Zhao Joyce Lan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 25, 1995
Sold by
Scotto Michelina A
Bought by
Scotto Michelina A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lei Cheng I | $800,000 | -- | |
| Lei Cheng I | $800,000 | -- | |
| Li Ken Lin | $638,000 | -- | |
| Li Ken Lin | $638,000 | -- | |
| Scotto Michelina A | -- | Commonwealth Land Title Ins | |
| Scotto Michelina A | -- | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lei Cheng I | $450,000 | |
| Closed | Lei Cheng I | $450,000 | |
| Previous Owner | Li Ken Lin | $460,000 |
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 | $10,082 | $91,140 | $17,460 | $73,680 |
| 2024 | $10,082 | $85,860 | $17,460 | $68,400 |
| 2023 | $9,670 | $85,680 | $17,460 | $68,220 |
| 2022 | $8,983 | $79,260 | $17,460 | $61,800 |
| 2021 | $8,934 | $86,940 | $17,460 | $69,480 |
| 2020 | $4,437 | $77,760 | $17,460 | $60,300 |
| 2019 | $8,701 | $77,760 | $17,460 | $60,300 |
| 2018 | $8,029 | $40,845 | $11,664 | $29,181 |
| 2017 | $7,588 | $38,695 | $9,118 | $29,577 |
| 2016 | $6,996 | $36,547 | $10,998 | $25,549 |
| 2015 | $4,403 | $36,526 | $11,941 | $24,585 |
| 2014 | $4,403 | $35,830 | $12,566 | $23,264 |
Source: Public Records
Map
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