NOT LISTED FOR SALE

588 E 7th St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,620,000 - $2,091,000

-- Bed
-- Bath
2,525 Sq Ft
$733/Sq Ft Est. Value

About This Home

This home is located at 588 E 7th St, Brooklyn, NY 11218 and is currently estimated at $1,850,061, approximately $732 per square foot. 588 E 7th St is a home located in Kings County with nearby schools including P.S. 179 Kensington, Ditmas Junior High school, and Mesivta Torah Vodaath.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2022
Sold by
Hossain Shahanaz
Bought by
Ferdous Jannat and Hossain Shahanaz
Current Estimated Value
$1,850,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,200
Outstanding Balance
$677,365
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,172,696

Purchase Details

Closed on
Sep 24, 2014
Sold by
Begun Musammat and Begun Hossain
Bought by
Hossain Shahanaz

Purchase Details

Closed on
Apr 28, 2008
Sold by
Begun Mussamat and Hossain Sharif
Bought by
Begun Musammat and Hossain Balal

Purchase Details

Closed on
Dec 12, 2005
Sold by
Akhter Naseema and Wani Zouhoor
Bought by
Begum Musammat and Hossain Sharif

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,200
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2000
Sold by
Penn Herbert and Penn Aida Luz
Bought by
Akhter Naseema and Wani Zouhoor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,900
Interest Rate
7.88%
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
Ferdous Jannat -- --
Ferdous Jannat -- --
Hossain Shahanaz -- --
Hossain Shahanaz -- --
Begun Musammat -- --
Begun Musammat -- --
Begum Musammat $835,000 --
Begum Musammat $835,000 --
Akhter Naseema $330,000 --
Akhter Naseema $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferdous Jannat $728,200
Closed Ferdous Jannat $728,200
Previous Owner Begum Musammat $125,000
Previous Owner Begum Musammat $641,200
Previous Owner Akhter Naseema $322,900
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 $8,808 $98,640 $27,540 $71,100
2024 $8,808 $89,520 $27,540 $61,980
2023 $8,499 $89,460 $27,540 $61,920
2022 $7,882 $94,260 $27,540 $66,720
2021 $7,842 $82,800 $27,540 $55,260
2020 $3,898 $79,200 $27,540 $51,660
2019 $7,645 $80,640 $27,540 $53,100
2018 $7,109 $34,873 $9,820 $25,053
2017 $6,707 $32,901 $13,064 $19,837
2016 $6,208 $31,053 $16,651 $14,402
2015 $3,744 $31,053 $20,948 $10,105
2014 $3,744 $30,456 $18,019 $12,437
Source: Public Records

Map

New York Kings County Brooklyn 11218 Kensington

588 E 7th St, Brooklyn, NY

Not Listed for Sale

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