885 E 7th St Brooklyn, NY 11230
Midwood NeighborhoodEstimated Value: $1,195,000 - $1,404,000
5
Beds
2
Baths
1,394
Sq Ft
$912/Sq Ft
Est. Value
About This Home
This home is located at 885 E 7th St, Brooklyn, NY 11230 and is currently estimated at $1,270,830, approximately $911 per square foot. 885 E 7th St is a home located in Kings County with nearby schools including P.S. 134, Ditmas Junior High school, and Brooklyn Dreams Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 9, 2022
Sold by
Korenblit Ettil and Korenblit Mordechai
Bought by
Li Linghuo and Wang Ru
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
$285,000
Outstanding Balance
$272,474
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$998,356
Purchase Details
Closed on
Sep 19, 2017
Sold by
Mandel Debra and Mandel Tzvi
Bought by
Korenblit Ettil and Korenblit Mordechai
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 3, 2005
Sold by
Estate Of Enid Durant % Angell And Bli
Bought by
Mandel Debra and Mandel Tzvi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Li Linghuo | $1,040,000 | -- | |
| Korenblit Ettil | $825,000 | -- | |
| Mandel Debra | $520,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Li Linghuo | $285,000 | |
| Previous Owner | Korenblit Ettil | $742,500 | |
| Previous Owner | Mandel Debra | $300,000 |
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 | $7,916 | $74,520 | $20,520 | $54,000 |
| 2024 | $7,916 | $71,220 | $20,520 | $50,700 |
| 2023 | $7,939 | $64,680 | $20,520 | $44,160 |
| 2022 | $7,725 | $59,220 | $20,520 | $38,700 |
| 2021 | $7,766 | $64,980 | $20,520 | $44,460 |
| 2020 | $3,642 | $68,280 | $20,520 | $47,760 |
| 2019 | $6,871 | $60,120 | $20,520 | $39,600 |
| 2018 | $6,641 | $32,577 | $12,421 | $20,156 |
| 2017 | $6,573 | $32,246 | $11,845 | $20,401 |
| 2016 | $6,148 | $30,752 | $13,641 | $17,111 |
| 2015 | $3,669 | $29,012 | $14,680 | $14,332 |
| 2014 | $3,669 | $27,370 | $16,614 | $10,756 |
Source: Public Records
Map
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