NOT LISTED FOR SALE

561 Jerome St Brooklyn, NY 11207

East New York Neighborhood

Estimated Value: $570,704 - $987,000

-- Bed
-- Bath
1,188 Sq Ft
$615/Sq Ft Est. Value

About This Home

This home is located at 561 Jerome St, Brooklyn, NY 11207 and is currently estimated at $730,426, approximately $614 per square foot. 561 Jerome St is a home located in Kings County with nearby schools including P.S. 13 Roberto Clemente, Liberty Avenue Middle School, and Vista Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2024
Sold by
Flowers Jr. Iii William P and Flowers Fredrick
Bought by
561 Jerome Llc
Current Estimated Value
$730,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,332
Outstanding Balance
$451,606
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,820

Purchase Details

Closed on
Nov 5, 2023
Sold by
561 Jerome Llc
Bought by
Flowers Jr. Iii William P and Flowers Fredrick

Purchase Details

Closed on
Mar 6, 2023
Sold by
Estate Of Mary Flowers and Flowers Fredrick
Bought by
561 Jerome Llc

Purchase Details

Closed on
Dec 17, 2008
Sold by
Flowers Mary and Flowers Frederick
Bought by
Flower Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
5.2%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 14, 2007
Sold by
Flowers Mary
Bought by
Flowers Fredrick and Flowers Mary
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
561 Jerome Llc $680,000 --
561 Jerome Llc $680,000 --
Flowers Jr. Iii William P -- --
Flowers Jr. Iii William P -- --
561 Jerome Llc -- --
561 Jerome Llc -- --
Flower Mary -- --
Flower Mary -- --
Flowers Fredrick -- --
Flowers Fredrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 561 Jerome Llc $458,332
Closed 561 Jerome Llc $458,332
Previous Owner Flower Mary $625,500
Previous Owner Flowers Mary $231,000
Previous Owner Flowers Mary $158,000
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 $2,885 $38,580 $10,080 $28,500
2024 $2,885 $45,420 $10,080 $35,340
2023 $2,757 $40,140 $10,080 $30,060
2022 $745 $38,880 $10,080 $28,800
2021 $978 $30,000 $10,080 $19,920
2020 $484 $30,240 $10,080 $20,160
2019 $959 $25,260 $10,080 $15,180
2018 $855 $11,313 $3,376 $7,937
2017 $1,879 $10,688 $3,780 $6,908
2016 $388 $10,090 $3,614 $6,476
2015 $169 $10,076 $3,595 $6,481
2014 $169 $9,975 $4,221 $5,754
Source: Public Records

Map

New York Kings County Brooklyn 11207 East New York

561 Jerome St, Brooklyn, NY

This home is located at 561 Jerome St, Brooklyn, NY 11207 and is currently estimated at $730,426, approximately $614 per square foot. 561 Jerome St is a home located in Kings County with nearby schools including P.S. 13 Roberto Clemente, Liberty Avenue Middle School, and Vista Academy.

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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