NOT LISTED FOR SALE

Estimated Value: $2,739,155

-- Bed
-- Bath
3,120 Sq Ft
$878/Sq Ft Est. Value

About This Home

This home is located at 614 Eastern Pkwy, Brooklyn, NY 11225 and is currently estimated at $2,739,155, approximately $877 per square foot. 614 Eastern Pkwy is a home located in Kings County with nearby schools including P.S. 138, Brooklyn Ascend Charter School, and Success Academy Charter School-NYC 9.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2016
Sold by
Bk Prop 614 Llc
Bought by
614 Eastern Parkway Llc
Current Estimated Value
$2,739,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$213,658
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$2,525,497

Purchase Details

Closed on
Aug 17, 2015
Sold by
The Mcmillan Family Limited Partnership
Bought by
Bk Prop 614 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2003
Sold by
Mcmillan George A
Bought by
The Mcmillan Family Limited Partnership
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

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

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
614 Eastern Parkway Llc $2,000,000 --
614 Eastern Parkway Llc $2,000,000 --
614 Eastern Parkway Llc $2,000,000 --
Bk Prop 614 Llc $1,350,000 --
Bk Prop 614 Llc $1,350,000 --
Bk Prop 614 Llc $1,350,000 --
The Mcmillan Family Limited Partnership -- --
The Mcmillan Family Limited Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 614 Eastern Parkway Llc $270,000
Closed 614 Eastern Parkway Llc $270,000
Previous Owner Bk Prop 614 Llc $1,170,000
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 $9,302 $105,060 $13,620 $91,440
2024 $9,302 $87,660 $13,620 $74,040
2023 $8,969 $78,480 $13,620 $64,860
2022 $8,713 $88,320 $13,620 $74,700
2021 $8,696 $85,680 $13,620 $72,060
2020 $4,119 $103,260 $13,620 $89,640
2019 $8,074 $108,720 $13,620 $95,100
2018 $7,502 $36,802 $5,532 $31,270
2017 $7,343 $36,022 $6,021 $30,001
2016 $5,730 $28,664 $9,062 $19,602
2015 $3,359 $27,043 $10,265 $16,778
2014 $3,359 $26,394 $12,031 $14,363
Source: Public Records

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