NOT LISTED FOR SALE

Estimated Value: $1,922,000 - $2,357,000

-- Bed
-- Bath
2,116 Sq Ft
$1,010/Sq Ft Est. Value

About This Home

This home is located at 8515 Colonial Rd, Brooklyn, NY 11209 and is currently estimated at $2,136,792, approximately $1,009 per square foot. 8515 Colonial Rd is a home located in Kings County with nearby schools including P.S. 185 Walter Kassenbrock, IS 201 Madeleine Brennan Intermediate School, and Fort Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 1999
Sold by
Viola Joseph
Bought by
Alrassi Ghassan and Alrassi Zouka
Current Estimated Value
$2,085,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,500
Interest Rate
7.39%

Purchase Details

Closed on
Apr 13, 1998
Sold by
Cuadrado Albert
Bought by
Viola Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8.5%

Purchase Details

Closed on
Jul 15, 1997
Sold by
Viola Mildred
Bought by
Cuadrado Albert
Source: Public Records

Range of Values:

Collateral Analytics

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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
Alrassi Ghassan $550,000 --
Viola Joseph $450,000 Security Title & Guaranty Co
Cuadrado Albert $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alrassi Ghassan $900,000
Closed Alrassi Ghassan $250,000
Closed Alrassi Ghassan $279,000
Previous Owner Alrassi Ghassan $288,500
Previous Owner Viola Joseph $360,000
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 $13,918 $138,420 $26,760 $111,660
2024 $13,918 $109,320 $26,760 $82,560
2023 $13,280 $133,800 $26,760 $107,040
2022 $12,317 $122,760 $26,760 $96,000
2021 $11,958 $110,280 $26,760 $83,520
2020 $8,968 $87,180 $26,760 $60,420
2019 $11,787 $87,180 $26,760 $60,420
2018 $10,811 $54,493 $12,495 $41,998
2017 $10,181 $51,416 $15,804 $35,612
2016 $9,390 $48,522 $14,904 $33,618
2015 $5,630 $48,522 $15,927 $32,595
2014 $5,630 $48,121 $18,950 $29,171
Source: Public Records

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