NOT LISTED FOR SALE

500 E 40th St Unit Building Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $693,000 - $782,000

-- Bed
2 Baths
1,280 Sq Ft
$579/Sq Ft Est. Value

About This Home

This home is located at 500 E 40th St Unit Building, Brooklyn, NY 11203 and is currently estimated at $741,276, approximately $579 per square foot. 500 E 40th St Unit Building is a home located in Kings County with nearby schools including P.S. 198 Brooklyn, Andries Hudde School, and Central Brooklyn Ascend Charter.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Maher Meaghan Marie and Ondracek Seth
Bought by
Lai-Tremewan Yi-Wen and Levine Isabelle
Current Estimated Value
$741,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$370,801
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$370,475

Purchase Details

Closed on
Jul 8, 2021
Sold by
Saleem Al Uqdah and Saleem Clive Stephen
Bought by
Maher Meaghan Marie and Ondracek Seth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
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.

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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

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
Lai-Tremewan Yi-Wen $723,000 --
Maher Meaghan Marie $665,000 --
Maher Meaghan Marie $665,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai-Tremewan Yi-Wen $375,000
Previous Owner Maher Meaghan Marie $475,000
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 $5,999 $42,900 $12,420 $30,480
2024 $5,999 $40,860 $12,420 $28,440
2023 $4,333 $45,180 $12,420 $32,760
2022 $3,917 $38,700 $12,420 $26,280
2021 $4,982 $37,200 $12,420 $24,780
2020 $3,237 $29,880 $12,420 $17,460
2019 $4,913 $29,880 $12,420 $17,460
2018 $4,489 $23,480 $11,356 $12,124
2017 $4,216 $22,152 $11,023 $11,129
2016 $3,868 $20,901 $11,238 $9,663
2015 $2,301 $20,901 $12,519 $8,382
2014 $2,301 $20,740 $12,422 $8,318
Source: Public Records

Map

New York Kings County Brooklyn 11203 East Flatbush

500 E 40th St Unit Building, Brooklyn, NY

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