NOT LISTED FOR SALE

40 E 16th St Brooklyn, NY 11226

Prospect Park South Neighborhood

Estimated Value: $1,994,376 - $2,380,000

-- Bed
-- Bath
2,081 Sq Ft
$1,060/Sq Ft Est. Value

About This Home

This home is located at 40 E 16th St, Brooklyn, NY 11226 and is currently estimated at $2,205,344, approximately $1,059 per square foot. 40 E 16th St is a home located in Kings County with nearby schools including P.S. 249 - The Caton, Flatbush Ascend Charter School, and Success Academy Charter School-Flatbush.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2006
Sold by
Hussain Zahir and Kallicharan Kamlawatie
Bought by
Gerard Martin J and Gerard Rose F
Current Estimated Value
$2,205,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Outstanding Balance
$368,165
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,465,384

Purchase Details

Closed on
Feb 26, 2003
Sold by
Kallicharan Kamlawatie
Bought by
Hussain Zahir and Kallicharan Kamlawatie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,300
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2001
Sold by
Hall Predencia
Bought by
Kallicharan Kamlawatie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.6%
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
Gerard Martin J $765,000 --
Gerard Martin J $765,000 --
Hussain Zahir -- --
Hussain Zahir -- --
Kallicharan Kamlawatie -- --
Kallicharan Kamlawatie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerard Martin J $612,000
Closed Gerard Martin $76,500
Closed Gerard Martin J $612,000
Previous Owner Hussain Zahir $350,000
Previous Owner Hussain Zahir $75,000
Previous Owner Hussain Zahir $258,300
Previous Owner Kallicharan Kamlawatie $250,000
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 $10,202 $137,460 $29,400 $108,060
2024 $10,202 $108,600 $29,400 $79,200
2023 $9,903 $108,420 $29,400 $79,020
2022 $9,648 $118,800 $29,400 $89,400
2021 $9,987 $114,000 $29,400 $84,600
2020 $4,675 $127,740 $29,400 $98,340
2019 $8,806 $127,740 $29,400 $98,340
2018 $8,224 $41,803 $11,424 $30,379
2017 $8,154 $41,472 $14,073 $27,399
2016 $7,830 $40,720 $14,131 $26,589
2015 $4,499 $38,416 $19,979 $18,437
2014 $4,499 $36,246 $22,330 $13,916
Source: Public Records

Map

New York Kings County Brooklyn 11226 Prospect Park South

40 E 16th St, Brooklyn, NY

This home is located at 40 E 16th St, Brooklyn, NY 11226 and is currently estimated at $2,205,344, approximately $1,059 per square foot. 40 E 16th St is a home located in Kings County with nearby schools including P.S. 249 - The Caton, Flatbush Ascend Charter 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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