NOT LISTED FOR SALE

488 State St Unit Building Brooklyn, NY 11217

Boerum Hill Neighborhood

Estimated Value: $2,847,000 - $4,550,615

-- Bed
3 Baths
2,760 Sq Ft
$1,198/Sq Ft Est. Value

About This Home

This home is located at 488 State St Unit Building, Brooklyn, NY 11217 and is currently estimated at $3,307,654, approximately $1,198 per square foot. 488 State St Unit Building 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 MUSE Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Ife Leah and Ife Leah E
Bought by
Merienne Cyrille and Seguin Jerome
Current Estimated Value
$3,307,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,280,000
Outstanding Balance
$2,047,306
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,260,348

Purchase Details

Closed on
Oct 1, 1996
Sold by
Gill Ronald W
Bought by
Ife John and Ife Leah
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Merienne Cyrille $2,850,000 --
Ife John $387,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merienne Cyrille $2,280,000
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 $12,794 $172,980 $34,920 $138,060
2024 $12,794 $165,360 $34,920 $130,440
2023 $12,832 $165,420 $34,920 $130,500
2022 $9,390 $151,200 $34,920 $116,280
2021 $9,035 $162,000 $34,920 $127,080
2020 $10,940 $161,820 $34,920 $126,900
2019 $10,812 $159,660 $34,920 $124,740
2018 $10,436 $52,653 $9,555 $43,098
2017 $9,826 $49,673 $12,147 $37,526
2016 $9,058 $46,862 $9,741 $37,121
2015 $5,432 $44,236 $13,153 $31,083
2014 $5,432 $44,236 $15,546 $28,690
Source: Public Records

Map

New York Kings County Brooklyn 11217 Boerum Hill

488 State St Unit Building, Brooklyn, NY

This home is located at 488 State St Unit Building, Brooklyn, NY 11217 and is currently estimated at $3,307,654, approximately $1,198 per square foot. 488 State St Unit Building 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 MUSE 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.

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