NOT LISTED FOR SALE

488 3rd Ave Brooklyn, NY 11215

Gowanus Neighborhood

Estimated Value: $2,066,000 - $2,982,272

6 Beds
4 Baths
1,950 Sq Ft
$1,294/Sq Ft Est. Value

About This Home

This home is located at 488 3rd Ave, Brooklyn, NY 11215 and is currently estimated at $2,522,818, approximately $1,293 per square foot. 488 3rd Ave is a home located in Kings County with nearby schools including P.S. 124 Silas B Dutcher, Al-Madinah School, and Al-Noor School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2022
Sold by
Brent David and O'Connor Joseph
Bought by
Corrigan Conor and Peterson Siobhan
Current Estimated Value
$2,401,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,397,834
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,124,984

Purchase Details

Closed on
Aug 30, 2016
Sold by
Park Slope 488 Llc
Bought by
Brent David and Oconnor Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,608,750
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2015
Sold by
Third Contractors 488 Llc
Bought by
Park Slope 488 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2013
Sold by
Schwartz Faigy
Bought by
Third Contractors 488 Llc

Purchase Details

Closed on
Jan 13, 2012
Sold by
Wooseley Developers Corp
Bought by
Schwartz Faigy

Purchase Details

Closed on
Aug 7, 2007
Sold by
Schwartz Faigy
Bought by
Wooseley Developers Corp

Purchase Details

Closed on
Nov 1, 2005
Sold by
Neustein David
Bought by
Schwartz Faigy

Purchase Details

Closed on
Jul 6, 2005
Sold by
Johnson Derrick
Bought by
Neustein David

Purchase Details

Closed on
Apr 30, 2003
Sold by
Rodriguez Carlos M
Bought by
Johnson Derrick

Purchase Details

Closed on
Oct 31, 2001
Sold by
Silver Dune Realty Corp
Bought by
Rodriguez Carlos Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2001
Sold by
Rignola Salvatore G
Bought by
Silver Dune Realty Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Corrigan Conor $2,375,000 --
Corrigan Conor $2,375,000 --
Corrigan Conor $2,375,000 --
Brent David $2,145,000 --
Brent David $2,145,000 --
Brent David $2,145,000 --
Park Slope 488 Llc $900,000 --
Park Slope 488 Llc $900,000 --
Park Slope 488 Llc $900,000 --
Third Contractors 488 Llc $279,000 --
Third Contractors 488 Llc $279,000 --
Schwartz Faigy -- --
Schwartz Faigy -- --
Wooseley Developers Corp -- --
Wooseley Developers Corp -- --
Schwartz Faigy -- --
Schwartz Faigy -- --
Neustein David $35,911 --
Neustein David $35,911 --
Johnson Derrick $637,000 --
Johnson Derrick $637,000 --
Rodriguez Carlos Manuel -- --
Rodriguez Carlos Manuel -- --
Silver Dune Realty Corp -- --
Silver Dune Realty Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corrigan Conor $1,500,000
Closed Corrigan Conor $1,500,000
Previous Owner Brent David $1,608,750
Previous Owner Park Slope 488 Llc $780,000
Previous Owner Rodriguez Carlos Manuel $420,000
Closed Johnson Derrick $0
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 $6,430 $140,220 $17,340 $122,880
2024 $6,430 $114,180 $17,340 $96,840
2023 $6,134 $128,940 $17,340 $111,600
2022 $5,808 $105,540 $17,340 $88,200
2021 $5,897 $115,740 $17,340 $98,400
2020 $2,931 $127,200 $17,340 $109,860
2019 $5,823 $140,700 $17,340 $123,360
2018 $3,414 $16,748 $2,772 $13,976
2017 $3,226 $15,823 $4,131 $11,692
2016 $2,984 $14,929 $3,314 $11,615
2015 $1,800 $14,929 $4,201 $10,728
2014 $1,800 $14,778 $4,989 $9,789
Source: Public Records

Map

New York Kings County Brooklyn 11215 Gowanus

488 3rd Ave, Brooklyn, NY

Not Listed for Sale

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