NOT LISTED FOR SALE

7518 3rd Ave Brooklyn, NY 11209

Bay Ridge Neighborhood

Estimated Value: $1,620,968

Studio
-- Bath
2,970 Sq Ft
$546/Sq Ft Est. Value

About This Home

This home is located at 7518 3rd Ave, Brooklyn, NY 11209 and is currently estimated at $1,620,968, approximately $545 per square foot. 7518 3rd Ave 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
Oct 30, 2024
Sold by
Daniel K Reich Trustee Of The and Daniel K Reich Trustee Of Trust B Of Th
Bought by
7518 3Rd Avenue Llc
Current Estimated Value
$1,620,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,185,483
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$435,485

Purchase Details

Closed on
May 15, 2020
Sold by
Daniel K Reich Trustee Of and Peter Reich Trustee Of
Bought by
Daniel K Reich Trustee Of Trust B Of and Peter Reich Trustee Of Trust B Of

Purchase Details

Closed on
Aug 21, 2018
Sold by
Daniel K Reich As Trustee and Peter Reich As Trustee
Bought by
Daniel K Reich As Trustee and Peter Reich As Trustee

Purchase Details

Closed on
Aug 13, 2015
Sold by
Reich Daniel O and Reich Olive B
Bought by
The Daniel O Reich Living Trust and Olive B Reich As Trustee
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
7518 3Rd Avenue Llc $1,600,000 --
7518 3Rd Avenue Llc $1,600,000 --
Daniel K Reich Trustee Of Trust B Of -- --
Daniel K Reich Trustee Of Trust B Of -- --
Daniel K Reich Trustee Of Trust B Of -- --
Daniel K Reich As Trustee -- --
Daniel K Reich As Trustee -- --
Daniel K Reich As Trustee -- --
The Daniel O Reich Living Trust -- --
The Daniel O Reich Living Trust -- --
The Daniel O Reich Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7518 3Rd Avenue Llc $1,200,000
Closed 7518 3Rd Avenue Llc $1,200,000
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 $22,402 $217,800 $40,950 $176,850
2024 $22,402 $211,500 $40,950 $170,550
2023 $23,398 $224,100 $40,950 $183,150
2022 $22,311 $207,450 $40,950 $166,500
2021 $19,730 $184,500 $40,950 $143,550
2019 $24,423 $233,550 $40,950 $192,600
2018 $23,656 $245,700 $40,950 $204,750
2017 $22,160 $247,500 $40,950 $206,550
2016 $20,592 $221,400 $40,950 $180,450
2015 $11,087 $213,300 $40,950 $172,350
2014 $11,087 $197,100 $40,950 $156,150
Source: Public Records

Map

New York Kings County Brooklyn 11209 Bay Ridge

7518 3rd Ave, Brooklyn, NY

Not Listed for Sale

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.

Nearby Homes