NOT LISTED FOR SALE

422 Prospect Ave Brooklyn, NY 11215

South Slope Neighborhood

Estimated Value: $2,534,530 - $3,243,000

Studio
-- Bath
3,110 Sq Ft
$941/Sq Ft Est. Value

About This Home

This home is located at 422 Prospect Ave, Brooklyn, NY 11215 and is currently estimated at $2,926,133, approximately $940 per square foot. 422 Prospect Ave is a home located in Kings County with nearby schools including Magnet School of Math Science & Design Technology, St. Joseph the Worker Catholic Academy, and Mesilas Bais Yaakov.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2018
Sold by
Patel Ravji S
Bought by
422 Prospect Ave Llc
Current Estimated Value
$2,926,133

Purchase Details

Closed on
Mar 1, 2012
Sold by
Adda 422 Prospect Avenue Llc
Bought by
Patel Ravji S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2005
Sold by
Osman Steven
Bought by
Adda 422 Prospect Avenue Llc

Purchase Details

Closed on
Oct 11, 1996
Sold by
Spilberg Henry
Bought by
Osman Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
8.22%
Mortgage Type
Seller Take Back
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

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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
422 Prospect Ave Llc -- --
Patel Ravji S $1,300,000 --
Adda 422 Prospect Avenue Llc $28,000 --
Osman Steven $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Ravji S $845,000
Previous Owner Osman Steven $15,000
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 $18,253 $221,820 $20,940 $200,880
2024 $18,253 $194,880 $20,940 $173,940
2023 $17,412 $213,900 $20,940 $192,960
2022 $16,146 $172,140 $20,940 $151,200
2021 $17,022 $140,040 $20,940 $119,100
2020 $8,072 $167,880 $20,940 $146,940
2019 $15,842 $166,260 $20,940 $145,320
2018 $14,564 $71,446 $10,321 $61,125
2017 $13,740 $67,402 $11,430 $55,972
2016 $13,474 $67,402 $14,926 $52,476
2015 $7,669 $64,296 $15,138 $49,158
2014 $7,669 $63,111 $16,110 $47,001
Source: Public Records

Map

New York Kings County Brooklyn 11215 South Slope

422 Prospect Ave, Brooklyn, NY

Not Listed for Sale

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