NOT LISTED FOR SALE

Estimated Value: $1,865,975 - $2,698,000

-- Bed
-- Bath
3,165 Sq Ft
$712/Sq Ft Est. Value

About This Home

This home is located at 71 Sherman St, Brooklyn, NY 11218 and is currently estimated at $2,254,744, approximately $712 per square foot. 71 Sherman St is a home located in Kings County with nearby schools including P.S. 154 The Windsor Terrace School, Brooklyn Urban Garden Charter School, and St. Joseph the Worker Catholic Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Us Bank Trust Na As Trustee For Lsf
Bought by
Durkee Savitri and Talen William
Current Estimated Value
$2,254,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,369,775
Outstanding Balance
$1,357,748
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$862,587

Purchase Details

Closed on
Sep 7, 2023
Sold by
Cohen Steven Esq
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Apr 29, 2004
Sold by
Sommers Wayne
Bought by
Faughnan Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1999
Sold by
Ficchi Michael J and Estate Of William N Sommers
Bought by
Sommers Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
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

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

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
Durkee Savitri $1,850,000 --
Us Bank Trust Na $1,073,808 --
Us Bank Trust Na $1,073,808 --
Faughnan Christian $218,000 --
Faughnan Christian $218,000 --
Sommers Wayne -- --
Sommers Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durkee Savitri $1,369,775
Previous Owner Faughnan Christian $635,800
Previous Owner Faughnan Christian $100,000
Previous Owner Faughnan Christian $102,010
Previous Owner Faughnan Christian $152,000
Previous Owner Sommers Wayne $60,000
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 $10,104 $145,140 $33,420 $111,720
2024 $10,104 $157,920 $33,420 $124,500
2023 $9,692 $183,240 $33,420 $149,820
2022 $9,399 $168,660 $33,420 $135,240
2021 $9,350 $141,480 $33,420 $108,060
2020 $4,648 $144,180 $33,420 $110,760
2019 $8,769 $129,360 $33,420 $95,940
2018 $8,107 $39,770 $10,624 $29,146
2017 $7,998 $39,234 $9,505 $29,729
2016 $7,401 $37,024 $11,300 $25,724
2015 $4,244 $37,024 $15,087 $21,937
2014 $4,244 $34,934 $17,081 $17,853
Source: Public Records

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