NOT LISTED FOR SALE

489 Classon Ave Brooklyn, NY 11238

Bed-Stuy Neighborhood

Estimated Value: $2,585,000 - $3,790,000

Studio
-- Bath
3,420 Sq Ft
$894/Sq Ft Est. Value

About This Home

This home is located at 489 Classon Ave, Brooklyn, NY 11238 and is currently estimated at $3,057,333, approximately $893 per square foot. 489 Classon Ave is a home located in Kings County with nearby schools including P.S. 56 Lewis H Latimer, Brooklyn Waldorf School, and Clara Muhammad School Of Masjid Khalifah.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2015
Sold by
Paul Michael Norman
Bought by
212 First Holding Corp
Current Estimated Value
$3,057,333

Purchase Details

Closed on
Aug 28, 2008
Sold by
Bhw Management Inc
Bought by
Paul Leola and Weaver Everette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,675
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2007
Sold by
Whyte Coleen
Bought by
Bhw Management Inc

Purchase Details

Closed on
Jul 25, 2002
Sold by
Gibbs Elma Eileen
Bought by
Whyte Coleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 1999
Sold by
Ifill Vernon and Gibbs Elma Eileen
Bought by
Gibbs Elma Eileen

Purchase Details

Closed on
Nov 24, 1998
Sold by
Ifill Vernon
Bought by
Ifill Vernon and Gibbs Elma Eileen
Source: Public Records

Range of Values:

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

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ICE

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First American

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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
212 First Holding Corp -- --
212 First Holding Corp -- --
212 First Holding Corp -- --
Paul Leola $680,000 --
Paul Leola $680,000 --
Bhw Management Inc -- --
Bhw Management Inc -- --
Whyte Coleen -- --
Whyte Coleen -- --
Gibbs Elma Eileen -- --
Gibbs Elma Eileen -- --
Ifill Vernon -- Nations Title Insurance
Ifill Vernon -- Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paul Leola $654,675
Previous Owner Whyte Coleen $227,500
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 $5,917 $170,160 $22,020 $148,140
2024 $5,917 $134,400 $22,020 $112,380
2023 $5,983 $146,400 $22,020 $124,380
2022 $5,837 $119,820 $22,020 $97,800
2021 $5,805 $118,980 $22,020 $96,960
2020 $2,722 $139,680 $22,020 $117,660
2019 $5,135 $151,980 $22,020 $129,960
2018 $5,004 $24,549 $3,598 $20,951
2017 $4,967 $24,364 $5,634 $18,730
2016 $4,595 $22,986 $6,198 $16,788
2015 $2,552 $21,685 $8,777 $12,908
2014 $2,552 $20,458 $9,937 $10,521
Source: Public Records

Map

New York Kings County Brooklyn 11238 Bed-Stuy

489 Classon Ave, Brooklyn, NY

Not Listed for Sale

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