916 40th St Brooklyn, NY 11219
Borough Park NeighborhoodEstimated Value: $1,221,000 - $1,646,000
Studio
--
Bath
1,968
Sq Ft
$680/Sq Ft
Est. Value
About This Home
This home is located at 916 40th St, Brooklyn, NY 11219 and is currently estimated at $1,338,806, approximately $680 per square foot. 916 40th St is a home located in Kings County with nearby schools including P.S. 131 Brooklyn, I.S. 223 The Montauk, and Bnos Margulia Viznitz.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 14, 2026
Sold by
Chen Mei Jiao and Pan Li Wei
Bought by
Pan Li Jing and Pan Li Wei
Current Estimated Value
Purchase Details
Closed on
Aug 17, 2009
Sold by
Mei Deryck and Mei Elaine Luu
Bought by
Chen Mei Jiao and Pan Li Wei
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$316,764
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,022,042
Purchase Details
Closed on
Jul 2, 1998
Sold by
Mei Di Jia and Mei Xiu Li
Bought by
Mei Deryck and Mei Elaine Luu
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pan Li Jing | -- | -- | |
| Chen Mei Jiao | $660,000 | -- | |
| Chen Mei Jiao | $660,000 | -- | |
| Mei Deryck | -- | Commonwealth Land Title Ins | |
| Mei Deryck | -- | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Mei Jiao | $495,000 | |
| Closed | Chen Mei Jiao | $495,000 |
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 | $5,936 | $74,280 | $20,280 | $54,000 |
| 2024 | $5,936 | $82,200 | $20,280 | $61,920 |
| 2023 | $5,653 | $72,660 | $20,280 | $52,380 |
| 2022 | $3,969 | $61,740 | $20,280 | $41,460 |
| 2021 | $5,457 | $65,280 | $20,280 | $45,000 |
| 2020 | $2,710 | $66,720 | $20,280 | $46,440 |
| 2019 | $5,103 | $66,720 | $20,280 | $46,440 |
| 2018 | $4,669 | $24,364 | $6,868 | $17,496 |
| 2017 | $4,448 | $23,288 | $7,275 | $16,013 |
| 2016 | $4,244 | $22,780 | $9,494 | $13,286 |
| 2015 | $2,430 | $22,767 | $11,368 | $11,399 |
| 2014 | $2,430 | $21,496 | $10,649 | $10,847 |
Source: Public Records
Map
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