1223 Jerome Street

1223 Jerome Street in Brooklyn, NY was first built in 2017 and is 7 years old. This has been categorized as a residential property type. 1223 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 200 ft and the linear feet between the front and back of the lot is 410. In total, the area measurement of the land is 1,998 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1223 Jerome Street sold most recently in May 2, 2019 for a total of $495,000. If you work out the math, that's approximately a cost of $301.83 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,480 in taxes each year. 1223 Jerome Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,680. If we break it down further, the land itself was valued at $10,800. Improvements to the property, however, were assessed at a total of $26,880. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.