NOT LISTED FOR SALE

407 Atlantic Ave Brooklyn, NY 11217

Boerum Hill Neighborhood

Estimated Value: $1,782,333

Studio
-- Bath
2,608 Sq Ft
$683/Sq Ft Est. Value

About This Home

This home is located at 407 Atlantic Ave, Brooklyn, NY 11217 and is currently estimated at $1,782,333, approximately $683 per square foot. 407 Atlantic Ave is a home located in Kings County with nearby schools including P.S. 38 The Pacific School, A. Fantis School of Saints Constantine and Helen Cathedral, and Brooklyn Friends School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2011
Sold by
Bertrand Delacroix Realty Ltd
Bought by
James & Lily Corp
Current Estimated Value
$1,782,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$180,438
Interest Rate
4.85%
Mortgage Type
Commercial
Estimated Equity
$1,601,895
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.

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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.

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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.

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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.

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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
James & Lily Corp $940,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James & Lily Corp $260,000
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 $6,980 $182,340 $12,000 $170,340
2024 $6,980 $150,240 $12,000 $138,240
2023 $6,757 $132,780 $12,000 $120,780
2022 $6,363 $104,220 $12,000 $92,220
2021 $6,589 $89,220 $12,000 $77,220
2020 $3,166 $56,460 $12,000 $44,460
2019 $6,058 $49,080 $12,000 $37,080
2018 $6,250 $27,726 $8,131 $19,595
2017 $5,415 $26,562 $8,353 $18,209
2016 $4,986 $24,939 $8,327 $16,612
2015 $2,374 $20,472 $7,769 $12,703
2014 $2,374 $19,382 $8,830 $10,552
Source: Public Records

Map

New York Kings County Brooklyn 11217 Boerum Hill

407 Atlantic Ave, Brooklyn, NY

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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