NOT LISTED FOR SALE

488 Shepherd Ave Brooklyn, NY 11208

East New York Neighborhood

Estimated Value: $652,395 - $1,014,000

-- Bed
-- Bath
1,800 Sq Ft
$471/Sq Ft Est. Value

About This Home

This home is located at 488 Shepherd Ave, Brooklyn, NY 11208 and is currently estimated at $848,599, approximately $471 per square foot. 488 Shepherd Ave is a home located in Kings County with nearby schools including East New York Elementary School Of Excellence, Liberty Avenue Middle School, and Vista Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2003
Sold by
Lynch Vaughn and Portee Arimeta
Bought by
Castro Formelo and Rivas Juana
Current Estimated Value
$848,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2002
Sold by
Portee Arimeta
Bought by
Portee Arimeta and Lynch Vaughn

Purchase Details

Closed on
Jul 28, 2000
Sold by
Portee Arimeta
Bought by
Portee Arimeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,050
Interest Rate
7.94%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 1999
Sold by
President Inc
Bought by
Portee Arimeta and Obasuyi Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,650
Interest Rate
7.61%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 1998
Sold by
Morrison Edith S
Bought by
President Inc

Purchase Details

Closed on
Jan 6, 1998
Sold by
Easterling Henry
Bought by
Cohen Joseph
Source: Public Records

Range of Values:

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
Castro Formelo $320,250 --
Castro Formelo $320,250 --
Portee Arimeta -- --
Portee Arimeta -- --
Portee Arimeta -- First American Title Ins Co
Portee Arimeta -- First American Title Ins Co
Portee Arimeta $190,000 --
Portee Arimeta $190,000 --
President Inc $46,000 --
President Inc $46,000 --
Cohen Joseph $75,000 First American Title Ins Co
Cohen Joseph $75,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Juana $50,000
Open Castro Formelo $341,250
Previous Owner Castro Formelo $299,250
Previous Owner Portee Arimeta $222,050
Previous Owner Portee Arimeta $189,650
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 $2,856 $35,580 $20,460 $15,120
2024 $2,856 $39,420 $20,460 $18,960
2023 $741 $43,320 $20,460 $22,860
2022 $575 $47,460 $20,460 $27,000
2021 $600 $52,080 $20,460 $31,620
2020 $293 $44,700 $20,460 $24,240
2019 $2,479 $41,940 $20,460 $21,480
2018 $2,282 $11,197 $4,737 $6,460
2017 $2,181 $10,699 $4,930 $5,769
2016 $2,049 $10,249 $6,377 $3,872
2015 $1,217 $10,249 $4,650 $5,599
2014 $1,217 $9,876 $4,516 $5,360
Source: Public Records

Map

New York Kings County Brooklyn 11208 East New York

488 Shepherd Ave, Brooklyn, NY

This home is located at 488 Shepherd Ave, Brooklyn, NY 11208 and is currently estimated at $848,599, approximately $471 per square foot. 488 Shepherd Ave is a home located in Kings County with nearby schools including East New York Elementary School Of Excellence, Liberty Avenue Middle School, and Vista Academy.

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