508 Chestnut St Brooklyn, NY 11208
East New York NeighborhoodEstimated Value: $658,000 - $804,734
4
Beds
3
Baths
1,904
Sq Ft
$386/Sq Ft
Est. Value
About This Home
This home is located at 508 Chestnut St, Brooklyn, NY 11208 and is currently estimated at $734,934, approximately $385 per square foot. 508 Chestnut St is a home located in Kings County with nearby schools including P.S. 159 Isaac Pitkin, Liberty Avenue Middle School, and Vista Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 26, 2019
Sold by
Mnb 508 Chestnut Llc
Bought by
Allen Rashid N and Allen Yaira
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,132
Outstanding Balance
$514,778
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$220,156
Purchase Details
Closed on
Feb 5, 2019
Sold by
Tate Elorie C
Bought by
Mnb 508 Chestnut Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2006
Sold by
Green Acres Holdings Inc
Bought by
Tate Elorie C
Purchase Details
Closed on
Nov 16, 2005
Sold by
Edwards Esq As Referee Swindley Anderson
Bought by
Green Acres Holdings Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 12, 1995
Sold by
Hanover Hills Holsteins Inc
Bought by
Campbell Arthur and Hayward Howard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,939
Interest Rate
7.89%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Allen Rashid N | $600,000 | -- | |
| Allen Rashid N | $600,000 | -- | |
| Mnb 508 Chestnut Llc | $231,500 | -- | |
| Mnb 508 Chestnut Llc | $231,500 | -- | |
| Tate Elorie C | -- | -- | |
| Tate Elorie C | -- | -- | |
| Green Acres Holdings Inc | $255,000 | -- | |
| Green Acres Holdings Inc | $255,000 | -- | |
| Campbell Arthur | $120,000 | Commonwealth Land Title Ins | |
| Campbell Arthur | $120,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Allen Rashid N | $589,132 | |
| Closed | Allen Rashid N | $589,132 | |
| Previous Owner | Mnb 508 Chestnut Llc | $240,000 | |
| Previous Owner | Green Acres Holdings Inc | $255,000 | |
| Previous Owner | Campbell Arthur | $119,939 | |
| Closed | Tate Elorie C | $0 |
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 | $2,447 | $54,540 | $7,920 | $46,620 |
| 2024 | $2,447 | $51,540 | $7,920 | $43,620 |
| 2023 | $2,336 | $45,540 | $7,920 | $37,620 |
| 2022 | $2,167 | $43,320 | $7,920 | $35,400 |
| 2021 | $2,156 | $47,520 | $7,920 | $39,600 |
| 2020 | $1,071 | $31,560 | $7,920 | $23,640 |
| 2019 | $2,124 | $31,560 | $7,920 | $23,640 |
| 2018 | $1,953 | $9,583 | $3,485 | $6,098 |
| 2017 | $1,844 | $9,045 | $2,856 | $6,189 |
| 2016 | $1,706 | $8,536 | $2,357 | $6,179 |
| 2015 | $1,029 | $8,533 | $2,919 | $5,614 |
| 2014 | $1,029 | $8,460 | $2,784 | $5,676 |
Source: Public Records
Map
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