85 E 16th St Brooklyn, NY 11226
Prospect Park South NeighborhoodEstimated Value: $4,022,000 - $4,740,000
--
Bed
--
Bath
4,685
Sq Ft
$911/Sq Ft
Est. Value
About This Home
This home is located at 85 E 16th St, Brooklyn, NY 11226 and is currently estimated at $4,269,437, approximately $911 per square foot. 85 E 16th St is a home located in Kings County with nearby schools including P.S. 249 - The Caton.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 16, 2021
Sold by
85 Buckingham Revocable Trust
Bought by
Brown Carl D and Brown Elizabeth A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,532,098
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,737,339
Purchase Details
Closed on
Mar 19, 2012
Sold by
Minkowitz Frances
Bought by
85 Buckingham Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 16, 1996
Sold by
Minkowitz Frances
Bought by
Frances Minkowitz
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brown Carl D | $3,625,000 | -- | |
| 85 Buckingham Revocable Trust | $1,800,000 | -- | |
| Frances Minkowitz | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brown Carl D | $2,800,000 | |
| Previous Owner | 85 Buckingham Revocable Trust | $900,000 |
Source: Public Records
Tax History Compared to Growth
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 | $18,486 | $298,980 | $57,360 | $241,620 |
| 2024 | $18,486 | $236,160 | $57,360 | $178,800 |
| 2023 | $18,253 | $208,200 | $57,360 | $150,840 |
| 2022 | $17,480 | $226,500 | $57,360 | $169,140 |
| 2021 | $17,621 | $205,380 | $57,360 | $148,020 |
| 2020 | $8,381 | $189,120 | $57,360 | $131,760 |
| 2019 | $16,044 | $150,360 | $57,360 | $93,000 |
| 2018 | $15,268 | $74,898 | $34,441 | $40,457 |
| 2017 | $13,346 | $65,469 | $32,446 | $33,023 |
| 2016 | $12,449 | $62,274 | $32,964 | $29,310 |
| 2015 | $6,205 | $59,259 | $31,368 | $27,891 |
| 2014 | $6,205 | $56,415 | $31,386 | $25,029 |
Source: Public Records
Map
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