NOT LISTED FOR SALE

706 Washington Ave Brooklyn, NY 11238

Prospect Heights Neighborhood

Estimated Value: $1,331,415

-- Bed
-- Bath
2,352 Sq Ft
$566/Sq Ft Est. Value

About This Home

This home is located at 706 Washington Ave, Brooklyn, NY 11238 and is currently estimated at $1,331,415, approximately $566 per square foot. 706 Washington Ave is a home located in Kings County with nearby schools including P.S. 9 The Sarah Smith Garnet School, Explore Exceed Charter Lower School, and Luria Academy of Brooklyn.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2008
Sold by
706 Washington Avenue Corp
Bought by
706 Washington Llc
Current Estimated Value
$1,331,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Outstanding Balance
$341,971
Interest Rate
6.4%
Mortgage Type
Commercial
Estimated Equity
$989,444

Purchase Details

Closed on
Apr 5, 2007
Sold by
Drummond Peaches
Bought by
706 Washington Avenue Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 1998
Sold by
Collymore John H and Harrison Joy G
Bought by
Drummond Peaches

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.74%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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
706 Washington Llc $760,000 --
706 Washington Llc $760,000 --
706 Washington Avenue Corp -- --
706 Washington Avenue Corp -- --
Drummond Peaches $130,000 --
Drummond Peaches $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 706 Washington Llc $515,000
Closed 706 Washington Llc $515,000
Previous Owner 31 Vanderbilt Avenue Corp $450,000
Previous Owner Drummond Peaches $257,775
Previous Owner Drummond Peaches $190,000
Previous Owner Drummond Peaches $93,000
Closed 706 Washington Avenue Corp $0
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 $5,098 $156,300 $9,480 $146,820
2024 $5,098 $141,120 $9,480 $131,640
2023 $5,054 $124,740 $9,480 $115,260
2022 $4,700 $97,920 $9,480 $88,440
2021 $4,675 $83,820 $9,480 $74,340
2020 $2,213 $53,040 $9,480 $43,560
2019 $4,424 $46,140 $9,480 $36,660
2018 $4,227 $20,736 $5,111 $15,625
2017 $4,000 $19,621 $5,184 $14,437
2016 $3,701 $18,511 $5,873 $12,638
2015 $2,233 $17,625 $6,710 $10,915
2014 $2,233 $17,625 $8,048 $9,577
Source: Public Records

Map

New York Kings County Brooklyn 11238 Prospect Heights

706 Washington Ave, Brooklyn, NY

This home is located at 706 Washington Ave, Brooklyn, NY 11238 and is currently estimated at $1,331,415, approximately $566 per square foot. 706 Washington Ave is a home located in Kings County with nearby schools including P.S. 9 The Sarah Smith Garnet School, Explore Exceed Charter Lower School, and Luria Academy of Brooklyn.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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