NOT LISTED FOR SALE

887 Lafayette Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,932,000 - $2,304,000

10 Beds
6 Baths
3,496 Sq Ft
$623/Sq Ft Est. Value

About This Home

This home is located at 887 Lafayette Ave, Brooklyn, NY 11221 and is currently estimated at $2,176,667, approximately $622 per square foot. 887 Lafayette Ave is a home located in Kings County with nearby schools including P.S. 25 Eubie Blake School, Bedford Stuyvesant New Beginnings Charter School, and Success Academy Charter School-NYC 9.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Ruben Lea
Bought by
Ruben Shlomo
Current Estimated Value
$2,176,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Outstanding Balance
$1,648,852
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$527,815

Purchase Details

Closed on
Aug 1, 2014
Sold by
887 Lafayette Avenue Llc
Bought by
Ruben Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2013
Sold by
King John E
Bought by
887 Lafayette Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2006
Sold by
Patel Divyesh R
Bought by
King John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.79%

Purchase Details

Closed on
Dec 20, 2004
Sold by
Marin Arcangel
Bought by
Patel Divyesh R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
380 City Inc
Bought by
Marin Arcangel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2003
Sold by
Livingstone Wendy
Bought by
380 City Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2003
Sold by
David Livingstone By Guardian Wendy Livingsto
Bought by
Livingstone Wendy
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ruben Shlomo -- --
Ruben Shlomo -- --
Ruben Lea -- --
Ruben Lea -- --
887 Lafayette Avenue Llc $400,000 --
887 Lafayette Avenue Llc $400,000 --
King John E $750,000 --
King John E $750,000 --
Patel Divyesh R $725,000 --
Patel Divyesh R $725,000 --
Marin Arcangel $760,000 --
Marin Arcangel $760,000 --
380 City Inc $355,000 --
380 City Inc $355,000 --
Livingstone Wendy -- --
Livingstone Wendy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruben Shlomo $1,680,000
Closed Ruben Shlomo $1,680,000
Closed Ruben Lea $470,000
Closed Ruben Lea $645,000
Previous Owner 887 Lafayette Avenue Llc $200,000
Previous Owner 887 Lafayette Avenue Llc $340,000
Previous Owner King John E $675,000
Previous Owner Patel Divyesh R $580,000
Previous Owner Marin Arcangel $570,000
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
2024 $4,109 $108,120 $22,440 $85,680
2023 $3,922 $119,340 $22,440 $96,900
2022 $3,640 $130,740 $22,440 $108,300
2021 $3,626 $100,920 $22,440 $78,480
2020 $1,802 $91,080 $22,440 $68,640
2019 $3,566 $75,780 $22,440 $53,340
2018 $3,280 $16,092 $5,293 $10,799
2017 $3,097 $15,194 $4,488 $10,706
2016 $2,871 $14,360 $5,726 $8,634
2015 $1,729 $14,354 $7,994 $6,360
2014 $1,729 $14,206 $8,691 $5,515
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

887 Lafayette Ave, Brooklyn, NY

This home is located at 887 Lafayette Ave, Brooklyn, NY 11221 and is currently estimated at $2,176,667, approximately $622 per square foot. 887 Lafayette Ave is a home located in Kings County with nearby schools including P.S. 25 Eubie Blake School, Bedford Stuyvesant New Beginnings Charter School, and Success Academy Charter School-NYC 9.

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.

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