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1216 Jerome Street

1216 Jerome Street, Brooklyn, NY 11239
Property in East New York
Sold Jan 15, 2021
$547,190
$292,125 by Mers
Mortgage Due Jan 15, 2051
1216 Jerome Street in Brooklyn, NY was first built in 2017 and is 7 years old. This has been categorized as a residential property type. 1216 Jerome Street has 1,640 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 206 ft and the linear feet between the front and back of the lot is 1,237. In total, the area measurement of the land is 2,456 square feet.

Learn more about the property and building on this page. The property was last sold in Dec 18, 2020 for $547,190. That's $333.65 per sqft. 1216 Jerome Street was last assessed in 2023. The total value of the property was assessed at $23,760. Specifically, the land the property is located on was valued at $13,260. While improvements on the property were assessed at a total of $10,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $866. The initial tax year of delinquency was in 2020. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,456
  • Lot Size Depth Feet: 1,237
  • Lot Size Frontage Feet: 206
  • Total Building Area: 1,640
  • Gross Building Area: 1,640
  • Building Area: 1,640
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.056
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TAVAREZ KENIA
  • Previous Owner : NEHEMIAH SPRING CRK AFFORDABLE HMOWNRSHP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 107001

Zoning

  • Zoning: R6

Geography

  • Account Number: 3-04452-0209
  • District: 05
  • Section: 1403
  • Parcel: 04452-0209
  • Block: 4452
  • Lot: 209
  • Latitude: 40.654
  • Longitude: -73.8771

    Address

  • Full Address: 1216 Jerome St
  • Address - House Number: 1216
  • Address - Street Name: Jerome
  • Address - Suffix Type: St
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C060
  • 4-Digit Zip Code: 5735
  • Zip Code: 11239

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $866
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2756
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 60
  • Final Value: 676,637
  • High Value: 863,174
  • Low Value: 490,100

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $536,625
  • First Open Lien Mortgage Lender: MERS
  • First Open Lien Mortgage Recording Date: Jan 15, 2021
  • First Open Lien Mortgage Loan Amount: $292,125
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 15, 2051
  • Second Open Lien Mortgage Lender: M&T BANK
  • Second Open Lien Mortgage Recording Date: Jan 15, 2021
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Loan Due Date: Jan 15, 2051
  • Third Open Lien Mortgage Lender: THE CITY OF NEW YORK
  • Third Open Lien Mortgage Recording Date: Jan 15, 2021
  • Third Open Lien Mortgage Loan Amount: $197,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Third Open Lien Mortgage Loan Due Date: Jan 15, 2051
  • Fourth Open Lien Mortgage Lender: NEW YORK STATE AFFORDABLE HOUS
  • Fourth Open Lien Mortgage Recording Date: Jan 15, 2021
  • Fourth Open Lien Mortgage Loan Amount: $32,500
  • Fourth Open Lien Mortgage Term: 360
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Fourth Open Lien Mortgage Loan Due Date: Jan 15, 2051

    Market Valuation

  • Market Total Value: $396,000
  • Market Land Value: $221,000
  • Market Improvement Value: $175,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,760
  • Assessed Land Value: $13,260
  • Assessed Improvements Value: $10,500

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Transaction ID: 11813485259
  • Current Sale Price: $547,190
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021000017791

    Last Sale Mortgage

  • First Mortgage Lender: MERS
  • First Mortgage Transaction Date: Jan 15, 2021
  • First Mortgage Loan Amount: $292,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Eastern Brooklyn



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Frequently Asked Questions

What neighborhood is 1216 Jerome Street located in?
The 1216 Jerome Street is a located in the neighborhood of East New York in Eastern Brooklyn, Brooklyn.
What is the average sales price for listings in 1216 Jerome Street?
The average sales price for units in 1216 Jerome Street is $0 currently.

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