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418 East 17th Street

418 East 17th Street, Brooklyn, NY 11226
Property in Flatbush
Sold Feb 11, 2022
$1,590,000
$1,272,000 by Citizens Bank, N.a.
Mortgage Due Feb 11, 2052
Sold Mar 15, 2019
$1,400,000
$1,100,000 by Wells Fargo Bank, N.a.
Mortgage
418 East 17th Street in Brooklyn, NY was first built in 1910 and is 114 years old. This has been categorized as a residential property type. There are a total of 3 floors. 418 East 17th Street has 2,099 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 350 ft and the linear feet between the front and back of the lot is 750. In total, the area measurement of the land is 2,625 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. 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, 418 East 17th Street sold most recently in Jan 20, 2022 for a total of $1,590,000. If you work out the math, that's approximately a cost of $757.50 per sqft. Before that, the property was also sold for $1,400,000 in Mar 7, 2019. 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 $7,186 in taxes each year. 418 East 17th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $106,320. If we break it down further, the land itself was valued at $26,760. Improvements to the property, however, were assessed at a total of $79,560. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,625
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,099
  • Gross Building Area: 2,099
  • Building Area: 2,099
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,099
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.06
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LINDIE PATRICK
  • Current Owner 2: TENGCO TAMMY
  • Previous Owner : LACARRUBBA JASON M
  • Owner Before Previous Owner: SEEPERSAUD RAYMOND
  • Owner Before Previous Owner 2: SEEPERSAUD SADHANA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 052000

Zoning

  • Zoning: R4A

Geography

  • Account Number: 3-05158-0027
  • District: 14
  • Section: 1603
  • Parcel: 05158-0027
  • Block: 5158
  • Lot: 27
  • Municipality: FLATBUSH
  • Latitude: 40.6403
  • Longitude: -73.9635

    Address

  • Full Address: 418 E 16th St
  • Address - House Number: 418
  • Street Direction: E
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C019
  • 4-Digit Zip Code: 5601
  • Zip Code: 11226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,186

    Appraisal Valuation

  • Standard Deviation: 0.2587
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 1,577,363
  • High Value: 1,985,560
  • Low Value: 1,169,166

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,272,000
  • First Open Lien Mortgage Lender: CITIZENS BANK, N.A.
  • First Open Lien Mortgage Recording Date: Feb 11, 2022
  • First Open Lien Mortgage Loan Amount: $1,272,000
  • 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: Feb 11, 2052

    Market Valuation

  • Market Total Value: $1,772,000
  • Market Land Value: $446,000
  • Market Improvement Value: $1,326,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,320
  • Assessed Land Value: $26,760
  • Assessed Improvements Value: $79,560

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 20, 2022
  • Current Sale Recording Date: Feb 11, 2022
  • Current Sale Transaction ID: 11879518598
  • Current Sale Price: $1,590,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2022000066912
  • Previous Sale Recording Date: Mar 15, 2019
  • Previous Sale Contract Date: Mar 07, 2019
  • Previous Sale Amount: $1,400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK, N.A.
  • First Mortgage Transaction Date: Feb 11, 2022
  • First Mortgage Loan Amount: $1,272,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK, N.A.
  • Previous Mortgage Transaction Date: Mar 15, 2019
  • Previous Mortgage Loan Amount: $1,100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Central Brooklyn



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Frequently Asked Questions

What neighborhood is 418 East 17th Street located in?
The 418 East 17th Street is a located in the neighborhood of Flatbush in Central Brooklyn, Brooklyn.
What is the average sales price for listings in 418 East 17th Street?
The average sales price for units in 418 East 17th Street is $0 currently.

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