NOT LISTED FOR SALE

516 Prospect Ave Brooklyn, NY 11215

Windsor Terrace Neighborhood

Estimated Value: $1,995,000 - $2,964,000

Studio
-- Bath
2,772 Sq Ft
$894/Sq Ft Est. Value

About This Home

This home is located at 516 Prospect Ave, Brooklyn, NY 11215 and is currently estimated at $2,479,500, approximately $894 per square foot. 516 Prospect Ave is a home located in Kings County with nearby schools including P.S. 154 The Windsor Terrace School, St. Joseph the Worker Catholic Academy, and Mesilas Bais Yaakov.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2009
Sold by
Palazzo Gregory
Bought by
Kumar Sanjiv and Mittal Sukriti
Current Estimated Value
$2,578,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Outstanding Balance
$425,566
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,053,934

Purchase Details

Closed on
Oct 2, 1996
Sold by
Palazzo Angelina
Bought by
Palazzo Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,708
Interest Rate
8.1%
Mortgage Type
FHA
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
Kumar Sanjiv $870,000 --
Kumar Sanjiv $870,000 --
Palazzo Gregory $115,000 --
Palazzo Gregory -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Sanjiv $696,000
Closed Kumar Sanjiv $696,000
Previous Owner Palazzo Gregory $111,708
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
2026 $4,577 $223,440 $28,800 $194,640
2025 $4,318 $235,560 $28,800 $206,760
2024 $4,318 $199,800 $28,800 $171,000
2023 $4,191 $176,580 $28,800 $147,780
2022 $3,947 $156,900 $28,800 $128,100
2021 $3,996 $163,740 $28,800 $134,940
2020 $1,986 $152,520 $28,800 $123,720
2019 $3,747 $128,340 $28,800 $99,540
2018 $3,505 $17,196 $3,875 $13,321
2017 $3,359 $16,478 $4,315 $12,163
2016 $3,163 $15,823 $5,593 $10,230
2015 $1,875 $15,823 $8,383 $7,440
2014 $1,875 $14,929 $9,495 $5,434
Source: Public Records

Map

New York Kings County Brooklyn 11215 Windsor Terrace

516 Prospect Ave, Brooklyn, NY

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