NOT LISTED FOR SALE

501 Avenue S Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $4,872,000 - $5,918,000

-- Bed
-- Bath
3,072 Sq Ft
$1,764/Sq Ft Est. Value

About This Home

This home is located at 501 Avenue S, Brooklyn, NY 11223 and is currently estimated at $5,418,101, approximately $1,763 per square foot. 501 Avenue S is a home located in Kings County with nearby schools including P.S. 215 Morris H Weiss, Is 228 David A Boody, and Abraham Lincoln High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2015
Sold by
Sitt Isaac J
Bought by
Franco Isaac S
Current Estimated Value
$5,418,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,656
Outstanding Balance
$1,181,860
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,236,241

Purchase Details

Closed on
Jun 13, 1996
Sold by
Sitt Louise
Bought by
Sitt Isaac J
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
Franco Isaac S $7,250,000 --
Franco Isaac S $7,250,000 --
Sitt Isaac J -- Chicago Title Insurance Co
Sitt Isaac J -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Isaac S $1,500,656
Closed Franco Isaac S $1,500,656
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 $17,632 $265,080 $59,100 $205,980
2024 $17,632 $311,880 $59,100 $252,780
2023 $17,060 $320,820 $59,100 $261,720
2022 $16,770 $262,560 $59,100 $203,460
2021 $17,298 $202,740 $59,100 $143,640
2020 $12,973 $187,080 $59,100 $127,980
2019 $15,303 $187,080 $59,100 $127,980
2018 $14,270 $70,003 $16,520 $53,483
2017 $14,270 $70,003 $17,286 $52,717
2016 $13,693 $68,494 $14,376 $54,118
2015 $7,745 $64,620 $20,338 $44,282
2014 $7,745 $60,963 $23,021 $37,942
Source: Public Records

Map

New York Kings County Brooklyn 11223 Gravesend

501 Avenue S, Brooklyn, NY

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