NOT LISTED FOR SALE

Estimated Value: $863,536 - $991,000

4 Beds
1 Bath
2,080 Sq Ft
$451/Sq Ft Est. Value

About This Home

This home is located at 61 Nichols Ave, Brooklyn, NY 11208 and is currently estimated at $938,884, approximately $451 per square foot. 61 Nichols Ave is a home located in Kings County with nearby schools including P.S. 7 - Abraham Lincoln, Westridge Elementary School, and Is 171 Abraham Lincoln.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2017
Sold by
Ny 9422 Corp
Bought by
Chen Fenzhen and Zhu Xiurong
Current Estimated Value
$938,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Outstanding Balance
$437,757
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$501,127

Purchase Details

Closed on
Mar 30, 2017
Sold by
Gutierrez
Bought by
Ny 9422 Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2011
Sold by
Gutierrez Chastity and Gutierrez Kristi
Bought by
Gutierrez Chastity and Osback Chastity

Purchase Details

Closed on
Mar 30, 2005
Sold by
Heredia Nelson
Bought by
Gutierrez Chastity

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2002
Sold by
Ramirez Nilda M
Bought by
Tejeda Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,550
Interest Rate
6.82%

Purchase Details

Closed on
Mar 27, 1998
Sold by
Madruga Felix M
Bought by
Ramirez Nilda M

Purchase Details

Closed on
Dec 1, 1997
Sold by
Rojas Ana
Bought by
Madruga Felix M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Chen Fenzhen $870,000 --
Ny 9422 Corp $411,500 --
Gutierrez Chastity -- --
Gutierrez Chastity $450,000 --
Tejeda Wilson -- --
Heredia Nelson -- --
Ramirez Nilda M $210,000 --
Madruga Felix M $120,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Fenzhen $522,000
Previous Owner Ny 9422 Corp $495,000
Previous Owner Gutierrez Chastity $405,000
Previous Owner Heredia Nelson $302,550
Previous Owner Madruga Felix M $119,000
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 $6,517 $48,960 $16,620 $32,340
2024 $6,517 $51,600 $16,620 $34,980
2023 $6,589 $56,220 $16,620 $39,600
2022 $6,265 $49,560 $16,620 $32,940
2021 $6,328 $45,480 $16,620 $28,860
2020 $4,469 $45,300 $16,620 $28,680
2019 $5,656 $45,300 $16,620 $28,680
2018 $5,512 $27,038 $11,046 $15,992
2017 $5,331 $26,154 $13,799 $12,355
2016 $5,009 $25,056 $11,925 $13,131
2015 $2,976 $23,638 $13,457 $10,181
2014 $2,976 $22,532 $15,388 $7,144
Source: Public Records

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