NOT LISTED FOR SALE

Estimated Value: $521,000 - $590,895

2 Beds
1 Bath
629 Sq Ft
$882/Sq Ft Est. Value

About This Home

This home is located at 940 40th St Unit 3B, Brooklyn, NY 11219 and is currently estimated at $554,724, approximately $881 per square foot. 940 40th St Unit 3B 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
May 2, 2022
Sold by
He Huirong and Zheng Ji He
Bought by
Lin Guang Hui and You Xiu Ju
Current Estimated Value
$554,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$280,137
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$266,984

Purchase Details

Closed on
Aug 18, 2017
Sold by
Myw Realty Llc
Bought by
He Huirong and Zheng Ji He

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Lin Guang Hui $490,000 --
He Huirong $486,720 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Guang Hui $294,000
Previous Owner He Huirong $180,000
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 $180 $46,764 $5,841 $40,923
2024 $180 $38,961 $5,841 $33,120
2023 $177 $38,367 $5,841 $32,526
2022 $176 $37,679 $5,842 $31,837
2021 $174 $44,326 $5,842 $38,484
2020 $180 $43,032 $5,842 $37,190
2019 $180 $40,105 $5,842 $34,263
2018 $0 $33,412 $5,843 $27,569
Source: Public Records

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