NOT LISTED FOR SALE

705 Prospect Place Brooklyn, NY 11216

Crown Heights Neighborhood

Estimated Value: $539,241

-- Bed
-- Bath
2,640 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 705 Prospect Place, Brooklyn, NY 11216 and is currently priced at $539,241, approximately $204 per square foot. 705 Prospect Place is a home located in Kings County with nearby schools including P.S. 138, Success Academy Prospect Heights, and New Visions Aim Charter High School I..

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Column A Realty Llc
Bought by
Prospect Place Brooklyn Llc
Current Estimated Value
$539,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,670,750
Outstanding Balance
$7,570,206
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2001
Sold by
Wells Fargo Bank Minnesota National Assn and Bankers Trust Company Of California Na
Bought by
Segreti Joseph

Purchase Details

Closed on
Jul 31, 2000
Sold by
Reznick Russell
Bought by
Norwest Bank Minnesota Na and Delta Funding Home Equity Loan Tr 1997-2
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
Prospect Place Brooklyn Llc $4,050,000 --
Prospect Place Brooklyn Llc $4,050,000 --
Segreti Joseph $180,000 --
Segreti Joseph $180,000 --
Norwest Bank Minnesota Na $152,500 --
Norwest Bank Minnesota Na $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prospect Place Brooklyn Llc $7,670,750
Closed Prospect Place Brooklyn Llc $3,629,250
Closed Prospect Place Brooklyn Llc $7,670,750
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 $7,310 -- -- --
2024 $7,310 $76,950 $76,950 $0
2023 $5,976 $81,000 $81,000 $0
2022 $4,565 $85,050 $85,050 $0
2021 $2,988 $89,550 $89,550 $0
2020 $2,988 $12,540 $12,540 $0
2019 $2,761 $13,200 $13,200 $0
2018 $3,907 $19,166 $4,039 $15,127
2017 $3,688 $18,093 $4,072 $14,021
2016 $3,414 $17,076 $5,028 $12,048
2015 $2,059 $17,067 $7,180 $9,887
2014 $2,059 $16,123 $7,893 $8,230
Source: Public Records

Map

New York Kings County Brooklyn 11216 Crown Heights

705 Prospect Place, Brooklyn, NY

This home is located at 705 Prospect Place, Brooklyn, NY 11216 and is currently priced at $539,241, approximately $204 per square foot. 705 Prospect Place is a home located in Kings County with nearby schools including P.S. 138, Success Academy Prospect Heights, and New Visions Aim Charter High School I..

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