NOT LISTED FOR SALE

508 Marion St Brooklyn, NY 11233

Ocean Hill Neighborhood

Estimated Value: $543,997

3 Beds
2 Baths
1,920 Sq Ft
$283/Sq Ft Est. Value

About This Home

This home is located at 508 Marion St, Brooklyn, NY 11233 and is currently estimated at $543,997, approximately $283 per square foot. 508 Marion St is a home located in Kings County with nearby schools including P.S. Is 155 Nicholas Herkimer, P.S./I.S. 137 Rachel Jean Mitchell, and P.S. 178 Saint Clair Mckelway.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2013
Sold by
Prestige Development Llc
Bought by
Marion Gold Llc
Current Estimated Value
$543,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2013
Sold by
Yakub Fazil and Yakub Kamroon
Bought by
Prestige Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2006
Sold by
Glover Anderson J
Bought by
Yakub Fazil and Yakub Kamroon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.62%
Mortgage Type
Commercial
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
Marion Gold Llc -- --
Prestige Development $325,000 --
Yakub Fazil $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marion Gold Llc $630,000
Closed Prestige Development $250,000
Previous Owner Yakub Fazil $262,500
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 $2,227 $36,120 $9,780 $26,340
2024 $2,227 $35,460 $9,780 $25,680
2023 $2,125 $42,300 $9,780 $32,520
2022 $1,971 $44,580 $9,780 $34,800
2021 $1,960 $38,160 $9,780 $28,380
2020 $974 $39,120 $9,780 $29,340
2019 $1,933 $35,160 $9,780 $25,380
2018 $1,777 $8,719 $2,912 $5,807
2017 $1,677 $8,226 $2,947 $5,279
2016 $1,551 $7,761 $3,235 $4,526
2015 $936 $7,761 $3,880 $3,881
2014 $936 $7,700 $4,498 $3,202
Source: Public Records

Map

New York Kings County Brooklyn 11207 Ocean Hill

508 Marion St, Brooklyn, NY

This home is located at 508 Marion St, Brooklyn, NY 11233 and is currently estimated at $543,997, approximately $283 per square foot. 508 Marion St is a home located in Kings County with nearby schools including P.S. Is 155 Nicholas Herkimer, P.S./I.S. 137 Rachel Jean Mitchell, and P.S. 178 Saint Clair Mckelway.

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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