1506 E 56th St Brooklyn, NY 11234
Flatlands NeighborhoodEstimated Value: $800,000 - $876,000
--
Bed
--
Bath
1,792
Sq Ft
$468/Sq Ft
Est. Value
About This Home
This home is located at 1506 E 56th St, Brooklyn, NY 11234 and is currently estimated at $837,966, approximately $467 per square foot. 1506 E 56th St is a home located in Kings County with nearby schools including P.S. 203 Floyd Bennett, Success Academy Charter School - Bergen Beach, and Yeshivah of Crown Heights.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 17, 2008
Sold by
Russo Aurora E and Russo James R
Bought by
Simmons Harrison and Simmons Harrison M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,813
Outstanding Balance
$307,740
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$530,226
Purchase Details
Closed on
Jun 10, 2003
Sold by
Russo James
Bought by
Russo Aurora E and Russo James R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,504
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 7, 2001
Sold by
Benjamin Diane
Bought by
Russo James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,446
Interest Rate
7.18%
Purchase Details
Closed on
Jul 9, 1998
Sold by
Benjamin Diane
Bought by
Benjamin Diane
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Simmons Harrison | $475,000 | -- | |
| Simmons Harrison | $475,000 | -- | |
| Russo Aurora E | -- | -- | |
| Russo Aurora E | -- | -- | |
| Russo James | -- | -- | |
| Russo James | -- | -- | |
| Benjamin Diane | -- | Commonwealth Land Title Ins | |
| Benjamin Diane | -- | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Simmons Harrison | $468,813 | |
| Closed | Simmons Harrison | $468,813 | |
| Previous Owner | Russo Aurora E | $37,504 | |
| Previous Owner | Russo James | $226,446 |
Source: Public Records
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 | $7,197 | $51,660 | $11,700 | $39,960 |
| 2024 | $7,197 | $52,500 | $11,700 | $40,800 |
| 2023 | $7,277 | $60,240 | $11,700 | $48,540 |
| 2022 | $6,866 | $52,380 | $11,700 | $40,680 |
| 2021 | $6,891 | $45,300 | $11,700 | $33,600 |
| 2020 | $3,311 | $35,100 | $11,700 | $23,400 |
| 2019 | $6,246 | $35,100 | $11,700 | $23,400 |
| 2018 | $6,087 | $29,859 | $9,467 | $20,392 |
| 2017 | $5,843 | $28,663 | $9,653 | $19,010 |
| 2016 | $5,455 | $27,288 | $10,434 | $16,854 |
| 2015 | $3,261 | $26,374 | $12,718 | $13,656 |
| 2014 | $3,261 | $24,883 | $11,344 | $13,539 |
Source: Public Records
Map
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