This property
$400,000
$400,000
Similar homes for sale
$418,500
$418,500
Recently sold homes
$381,167
$381,167
499 Lake St, Brooklyn NY 11223
1,804 sqft Multi-Family Home|
Sold for $400,000 on May 11th, 2009 |
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Description provided by Realty Trac.
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Similar homes for sale
Average listing price is $418,500
Recently sold homes
Average sales price is $381,167
| This home | ||
|---|---|---|
| Sales price: | $400,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $418,500 | -4% |
| Avg. sales price: | $381,167 | +5% |
| Avg. price/sqft: | $179 | +24% |
| Compared to Gravesend | ||
|---|---|---|
| Avg. listing price: | $476,064 | -16% |
| Avg. sales price: | $586,154 | -32% |
| Avg. price/sqft: | $324 | -31% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $400,000 | |
| Compared to Brooklyn | ||
|---|---|---|
| Avg. listing price: | $663,814 | -40% |
| Avg. sales price: | $544,758 | -27% |
| Avg. price/sqft: | $277 | -20% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
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Bambi Academy
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Private | 0.09 | ||
| My son's learning the next grade's curriculum. He is a year ahead in his studies. Great school! | ||||
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Ps 95 The Gravesend
New York City Department Of Education |
Public | 0.26 | ||
| It has gotten worse, not better..The principle has to go. | ||||
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Ps 216 Arturo Toscanini
New York City Department Of Education |
Public | 0.29 | ||
| I like this school. They should have more activities aftre school during all year not just last 3 month of school. | ||||
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Our Lady Of Grace School
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Catholic | 0.34 | ||
| My son went there last year, and there is no way we are pulling him out. The teachers are great. | ||||
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Ahi Ezer Yeshiva School
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Private | 0.55 | ||
View all schools in:
New York City Department Of Education
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:499 Lake St, Brooklyn NY 11223 |
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Recent Q&A in Gravesend, Brooklyn, NY
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This Multi-Family Home located at 499 Lake St, Brooklyn NY, 11223 sold for $400,000 on May 11, 2009. 499 Lake St is has approximately 1,804 square feet. The property has a lot size of 2,635 square feet and was built in 1940. 499 Lake St is in the Gravesend neighborhood in Brooklyn, NY and in ZIP Code 11223. The most recent sale price of $400,000 is 4% lower than the average list price of $418,500 for similar homes for sale, 16% lower than the average list price of $476,064 for Gravesend, 35% lower than the average list price of $611,866 for 11223, and 40% lower than the average list price of $663,814 for Brooklyn, NY. The most recent sale is 5% higher than the average sale price of $381,167 for similar homes for sale, 32% lower than the average sale price of $586,154 for Gravesend sold homes, 31% lower than the average sale price of $580,705 for 11223 sold homes, and 40% lower than the average sale price of $544,758 for Brooklyn sold homes. 499 Lake St previously sold for $400,000 on May 11, 2009.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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