NOT LISTED FOR SALE

587 Van Buren St Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,235,314 - $1,891,000

5 Beds
4 Baths
2,040 Sq Ft
$703/Sq Ft Est. Value

About This Home

This home is located at 587 Van Buren St, Brooklyn, NY 11221 and is currently estimated at $1,434,329, approximately $703 per square foot. 587 Van Buren St is a home located in Kings County with nearby schools including P.S. 274 The Kosciusko School, Brooklyn Excelsior Charter School, and Excelsior Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Townhouse Rental Ii Llc
Bought by
Townhouse Rental Llc
Current Estimated Value
$1,674,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,543,905
Outstanding Balance
$40,498,371
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$38,798,975

Purchase Details

Closed on
Dec 28, 2022
Sold by
587 Van Buren Llc
Bought by
Townhouse Rental Ii Llc

Purchase Details

Closed on
Jun 28, 2021
Sold by
Collazo Nora
Bought by
587 Van Buren Llc

Purchase Details

Closed on
Dec 20, 2004
Sold by
Collazo Elizabeth and Collazo Nora
Bought by
Collazo Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.73%

Purchase Details

Closed on
Sep 12, 1995
Sold by
Santiago Heriberto
Bought by
Collazo Elizabeth and Collazo Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,919
Interest Rate
7.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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
Townhouse Rental Llc -- --
Townhouse Rental Llc -- --
Townhouse Rental Ii Llc $1,950,000 --
Townhouse Rental Ii Llc $1,950,000 --
587 Van Buren Llc $865,000 --
587 Van Buren Llc $865,000 --
Collazo Nora -- --
Collazo Nora -- --
Collazo Elizabeth $160,000 --
Collazo Elizabeth $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townhouse Rental Llc $41,543,905
Closed Townhouse Rental Llc $41,543,905
Previous Owner Collazo Nora $300,000
Previous Owner Collazo Elizabeth $159,919
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 $1,021 $87,600 $13,560 $74,040
2024 $1,021 $73,140 $13,560 $59,580
2023 $974 $71,280 $13,560 $57,720
2022 $908 $69,480 $13,560 $55,920
2021 $904 $74,220 $13,560 $60,660
2020 $449 $56,580 $13,560 $43,020
2019 $886 $56,580 $13,560 $43,020
2018 $815 $3,997 $1,071 $2,926
2017 $772 $3,788 $1,089 $2,699
2016 $716 $3,580 $1,335 $2,245
2015 $431 $3,580 $1,499 $2,081
2014 $431 $3,530 $1,558 $1,972
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bushwick

587 Van Buren St, Brooklyn, NY

This home is located at 587 Van Buren St, Brooklyn, NY 11221 and is currently estimated at $1,434,329, approximately $703 per square foot. 587 Van Buren St is a home located in Kings County with nearby schools including P.S. 274 The Kosciusko School, Brooklyn Excelsior Charter School, and Excelsior Elementary 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.

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