NOT LISTED FOR SALE

7005 Colonial Rd Brooklyn, NY 11209

Bay Ridge Neighborhood

Estimated Value: $1,266,000 - $1,657,000

Studio
-- Bath
2,850 Sq Ft
$529/Sq Ft Est. Value

About This Home

This home is located at 7005 Colonial Rd, Brooklyn, NY 11209 and is currently estimated at $1,508,543, approximately $529 per square foot. 7005 Colonial Rd is a home located in Kings County with nearby schools including P.S. 102 The Bayview School, Junior High School 259 William McKinley, and Fort Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
Bachman As Disributee and Heir William
Bought by
Pan Qian
Current Estimated Value
$1,508,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$591,517
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$917,026
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

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

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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
Pan Qian $1,210,000 --
Pan Qian $1,210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Qian $600,000
Closed Pan Qian $600,000
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 $10,975 $88,320 $16,500 $71,820
2024 $10,975 $84,420 $16,500 $67,920
2023 $10,539 $91,020 $16,500 $74,520
2022 $9,416 $74,640 $16,500 $58,140
2021 $10,505 $80,940 $16,500 $64,440
2019 $9,529 $65,880 $16,500 $49,380
2018 $8,708 $45,950 $13,027 $32,923
2017 $8,416 $44,456 $10,790 $33,666
2016 $8,266 $44,456 $12,116 $32,340
2015 $4,620 $43,022 $12,802 $30,220
2014 $4,620 $40,587 $13,603 $26,984
Source: Public Records

Map

New York Kings County Brooklyn 11209 Bay Ridge

7005 Colonial Rd, Brooklyn, NY

Not Listed for Sale

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