NOT LISTED FOR SALE

40 E 16th St Brooklyn, NY 11226

Prospect Park South Neighborhood

Estimated Value: $2,034,000 - $2,247,000

Studio
-- Bath
2,081 Sq Ft
$1,029/Sq Ft Est. Value

About This Home

This home is located at 40 E 16th St, Brooklyn, NY 11226 and is currently estimated at $2,140,532, approximately $1,028 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
$2,140,532

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
$360,674
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,779,858

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 J $612,000
Previous Owner Hussain Zahir $258,300
Previous Owner Kallicharan Kamlawatie $250,000
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

Not Listed for Sale

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.