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405 Schroeders Avenue

405 Schroeders Avenue, Brooklyn, NY 11239
Property in East New York
Sold Jan 15, 2021
$547,190
$257,500 by City Of New York
Mortgage Due Jan 15, 2051
Local assessors in Brooklyn, NY have categorized 405 Schroeders Avenue as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 1,863 square feet. The linear feet between the front and back of the lot was measured at 920 ft and the front of the lot was measured at 203 ft. If we look only at the heated or air conditioned part of the building, then 405 Schroeders Avenue has a total of 1,660 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 405 Schroeders Avenue was last sold in Dec 18, 2020 for $547,190. According to our calculations, that's $329.63 per sqft. Current property owners are expected to pay $2,332 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 405 Schroeders Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $37,200. To break that down further, the land itself was valued at $10,080. While improvements to the property were assessed at a total of $27,120. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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: 1,863
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 203
  • Total Building Area: 1,660
  • Gross Building Area: 1,660
  • Building Area: 1,660
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.043
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OWENS TRACEY A
  • 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: 3-04452-0223
  • District: 05
  • Section: 1403
  • Parcel: 04452-0223
  • Block: 4452
  • Lot: 223
  • Latitude: 40.6533
  • Longitude: -73.877

    Address

  • Full Address: 405 Schroeders Ave
  • Address - House Number: 405
  • Address - Street Name: Schroeders
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C050
  • 4-Digit Zip Code: 2256
  • Zip Code: 11239

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,332
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2763
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 671,389
  • High Value: 856,901
  • Low Value: 485,878

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $546,425
  • First Open Lien Mortgage Lender: CITY OF NEW YORK
  • First Open Lien Mortgage Recording Date: Jan 15, 2021
  • First Open Lien Mortgage Loan Amount: $257,500
  • 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: MERS
  • Second Open Lien Mortgage Recording Date: Jan 15, 2021
  • Second Open Lien Mortgage Loan Amount: $233,925
  • 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: M&T BANK
  • Third Open Lien Mortgage Recording Date: Jan 15, 2021
  • Third Open Lien Mortgage Loan Amount: $15,000
  • 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: $40,000
  • 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: $620,000
  • Market Land Value: $168,000
  • Market Improvement Value: $452,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,200
  • Assessed Land Value: $10,080
  • Assessed Improvements Value: $27,120

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Transaction ID: 11813485260
  • Current Sale Price: $547,190
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021000018074

    Last Sale Mortgage

  • First Mortgage Lender: CITY OF NEW YORK
  • First Mortgage Transaction Date: Jan 15, 2021
  • First Mortgage Loan Amount: $257,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 405 Schroeders Avenue located in?
The 405 Schroeders Avenue is a located in the neighborhood of East New York in Eastern Brooklyn, Brooklyn.
What is the average sales price for listings in 405 Schroeders Avenue?
The average sales price for units in 405 Schroeders Avenue is $0 currently.

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