NOT LISTED FOR SALE

557 Nostrand Ave Unit 1 Brooklyn, NY 11216

Crown Heights Neighborhood

Estimated Value: $995,640

-- Bed
-- Bath
3,867 Sq Ft
$257/Sq Ft Est. Value

About This Home

This home is located at 557 Nostrand Ave Unit 1, Brooklyn, NY 11216 and is currently estimated at $995,640, approximately $257 per square foot. 557 Nostrand Ave Unit 1 is a home located in Kings County with nearby schools including Brooklyn Arts and Science Elementary School, Leadership Preparatory Bedford Stuyvesant Charter School, and The Co-op School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2011
Sold by
557 Nostrand Ave Management Corp and Kaufman %
Bought by
Nostrand 557 Management Inc
Current Estimated Value
$995,640

Purchase Details

Closed on
Sep 10, 2009
Sold by
Gellman Lance K and % Day Pitney Llp
Bought by
557 Nostrand Ave Management Corp

Purchase Details

Closed on
Nov 4, 2004
Sold by
John T Walsh Enterprises Llc
Bought by
557 Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2004
Sold by
Roache Esq Mootzie Michel
Bought by
John T Walsh Enterprises Llc
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nostrand 557 Management Inc -- --
557 Nostrand Ave Management Corp $520,000 --
557 Realty Corp $590,000 --
John T Walsh Enterprises Llc $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 557 Realty Corp $59,000
Previous Owner 557 Realty Corp $440,000
Previous Owner Hightower Callie $188,000
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 $24,056 $434,700 $83,700 $351,000
2024 $24,056 $390,600 $83,700 $306,900
2023 $21,856 $428,850 $83,700 $345,150
2022 $20,184 $421,200 $83,700 $337,500
2021 $20,237 $337,050 $83,700 $253,350
2020 $9,640 $367,650 $83,700 $283,950
2019 $18,668 $371,700 $83,700 $288,000
2018 $17,432 $137,051 $33,943 $103,108
2017 $16,141 $126,902 $35,282 $91,620
2016 $16,360 $126,902 $37,348 $89,554
2015 $9,835 $122,965 $40,624 $82,341
2014 $9,835 $113,857 $44,867 $68,990
Source: Public Records

Map

New York Kings County Brooklyn 11216 Crown Heights

557 Nostrand Ave Unit 1, Brooklyn, NY

This home is located at 557 Nostrand Ave Unit 1, Brooklyn, NY 11216 and is currently estimated at $995,640, approximately $257 per square foot. 557 Nostrand Ave Unit 1 is a home located in Kings County with nearby schools including Brooklyn Arts and Science Elementary School, Leadership Preparatory Bedford Stuyvesant Charter School, and The Co-op School.

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.

Nearby Homes