NOT LISTED FOR SALE

578 E 16th St Brooklyn, NY 11226

Ditmas Park Neighborhood

Estimated Value: $1,745,390 - $2,585,000

5 Beds
2 Baths
3,000 Sq Ft
$703/Sq Ft Est. Value

About This Home

This home is located at 578 E 16th St, Brooklyn, NY 11226 and is currently estimated at $2,109,348, approximately $703 per square foot. 578 E 16th St is a home located in Kings County with nearby schools including Ps 217 Colonel David Marcus School, Ditmas Junior High school, and Brooklyn Seventh-Day Adventist School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Soloway Alice
Bought by
Cash Lindsey and Welburn Elliott
Current Estimated Value
$2,109,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,161,688
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$947,660

Purchase Details

Closed on
Jul 4, 2001
Sold by
Mitchell Robert
Bought by
Soloway Alice
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
Cash Lindsey $1,555,000 --
Soloway Alice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cash Lindsey $1,200,000
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 $9,067 $102,060 $36,360 $65,700
2024 $9,067 $120,060 $36,360 $83,700
2023 $8,819 $132,120 $36,360 $95,760
2022 $8,305 $111,600 $36,360 $75,240
2021 $8,392 $119,400 $36,360 $83,040
2020 $6,294 $112,860 $36,360 $76,500
2019 $7,870 $124,560 $36,360 $88,200
2018 $7,377 $36,187 $15,197 $20,990
2017 $6,637 $34,669 $12,432 $22,237
2016 $6,195 $33,231 $14,995 $18,236
2015 $3,725 $31,351 $16,006 $15,345
2014 $3,725 $31,351 $17,935 $13,416
Source: Public Records

Map

New York Kings County Brooklyn 11226 Ditmas Park

578 E 16th St, Brooklyn, NY

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