Seller's Agent in 2025
Kevin Stile
Bergen Basin Realty LLC
(917) 627-3169
9 in this area
32 Total Sales
1487 E 55th St Brooklyn, NY 11234
Flatlands Neighborhood
3
Beds
1
Bath
980
Sq Ft
1,800
Sq Ft Lot
Highlights
- Wood Flooring
- Multiple cooling system units
- Back Yard
- Detached Garage
- Heating System Uses Steam
About This Home
As of January 2025Prime Old Mill Basin LOCATION!!! First time on the market, 1 family semi-detached 3-bedroom duplex, the first floor consists of a large living room, dining room and kitchen. Plus 1 full bathroom on the second level and a full basement (unfinished). There are hardwood floors throughout the home and 1 car garage with a shared driveway. The house is close to shopping and transportation and house of worships. It will not last long!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,414
Year Built
- Built in 1925
Lot Details
- 1,800 Sq Ft Lot
- Lot Dimensions are 100 x 18
- Back Yard
- Property is zoned R3-2
Home Design
- 980 Sq Ft Home
- Flat Roof Shape
- Poured Concrete
- Wood Frame Construction
- Rubber Roof
- Aluminum Siding
Flooring
- Wood
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- Detached Garage
- Shared Driveway
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- Tax Block 7880
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2023
Closed on
Jan 16, 2025
Sold by
Estate Of Michael Cooper and John Cannon As Executor
Bought by
Faraze Mohammed and Fatema Mst Kanis
Seller's Agent
Kevin Stile
Bergen Basin Realty LLC
Buyer's Agent
Maria Binyaminova
Bergen Basin Realty LLC
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%
Views
270
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,905
Avg. Annual Appreciation
13.71%
Original Mortgage
$400,000
Outstanding Balance
$396,365
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$214,540
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $540,000 | -- | |
| Deed | $540,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | Purchase Money Mortgage | |
| Closed | $400,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2025 01/16/25 | Sold | $540,000 | -6.7% | $551 / Sq Ft |
| 01/29/2024 01/29/24 | Price Changed | $579,000 | -3.3% | $591 / Sq Ft |
| 10/05/2023 10/05/23 | For Sale | $599,000 | -- | $611 / Sq Ft |
| 10/05/2023 10/05/23 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,613 | $35,040 | $9,180 | $25,860 |
| 2024 | $5,613 | $35,040 | $9,180 | $25,860 |
| 2023 | $5,414 | $32,520 | $9,180 | $23,340 |
| 2022 | $5,064 | $32,700 | $9,180 | $23,520 |
| 2021 | $5,339 | $27,960 | $9,180 | $18,780 |
| 2020 | $4,004 | $28,860 | $9,180 | $19,680 |
| 2019 | $4,872 | $28,860 | $9,180 | $19,680 |
| 2018 | $4,528 | $22,213 | $8,209 | $14,004 |
| 2017 | $4,309 | $21,139 | $7,966 | $13,173 |
| 2016 | $4,206 | $21,139 | $8,694 | $12,445 |
| 2015 | $2,157 | $20,551 | $10,068 | $10,483 |
| 2014 | $2,157 | $19,407 | $8,503 | $10,904 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Stile
-
Maria Binyaminova
M
Buyer's Agent in 2025
Maria Binyaminova
Bergen Basin Realty LLC
(718) 763-4110
2 in this area
12 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 477335
APN: 07880-0025
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