89 Lancaster Ave Brooklyn, NY 11223
Gravesend NeighborhoodEstimated Value: $1,248,542 - $1,730,000
Studio
--
Bath
2,320
Sq Ft
$625/Sq Ft
Est. Value
About This Home
This home is located at 89 Lancaster Ave, Brooklyn, NY 11223 and is currently estimated at $1,449,636, approximately $624 per square foot. 89 Lancaster Ave is a home located in Kings County with nearby schools including P.S. 209 Margaret Mead, P.S. K225 - The Eileen E. Zaglin School, and Abraham Lincoln High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 4, 2009
Sold by
Seggio Louis B
Bought by
Chen Qi Yu and Lau Su Fan
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
$320,000
Outstanding Balance
$208,100
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,241,536
Purchase Details
Closed on
Jun 5, 2002
Sold by
Seggio Louis B Hr
Bought by
Seggio Louis B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.39%
Purchase Details
Closed on
Apr 15, 1995
Sold by
Palumbo Joann
Bought by
Palumbo Joann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Qi Yu | $720,000 | -- | |
| Chen Qi Yu | $720,000 | -- | |
| Seggio Louis B | -- | -- | |
| Seggio Louis B | -- | -- | |
| Palumbo Joann | $90,000 | Commonwealth Land Title | |
| Palumbo Joann | -- | Commonwealth Land Title Ins | |
| Palumbo Joann | -- | Commonwealth Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Qi Yu | $320,000 | |
| Closed | Chen Qi Yu | $320,000 | |
| Previous Owner | Seggio Louis B | $100,000 | |
| Previous Owner | Palumbo Joann | $90,000 |
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 | $9,822 | $92,220 | $13,020 | $79,200 |
| 2024 | $9,822 | $88,380 | $13,020 | $75,360 |
| 2023 | $9,408 | $93,840 | $13,020 | $80,820 |
| 2022 | $8,248 | $76,800 | $13,020 | $63,780 |
| 2021 | $9,151 | $69,960 | $13,020 | $56,940 |
| 2020 | $9,108 | $67,920 | $13,020 | $54,900 |
| 2019 | $8,476 | $61,440 | $13,020 | $48,420 |
| 2018 | $7,809 | $39,770 | $10,576 | $29,194 |
| 2017 | $7,369 | $37,621 | $8,075 | $29,546 |
| 2016 | $7,211 | $37,621 | $9,362 | $28,259 |
| 2015 | $4,061 | $37,024 | $13,791 | $23,233 |
| 2014 | $4,061 | $34,934 | $13,012 | $21,922 |
Source: Public Records
Map
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