NOT LISTED FOR SALE

1556 E 53rd St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $703,000 - $842,000

Studio
-- Bath
1,392 Sq Ft
$540/Sq Ft Est. Value

About This Home

This home is located at 1556 E 53rd St, Brooklyn, NY 11234 and is currently estimated at $752,063, approximately $540 per square foot. 1556 E 53rd St is a home located in Kings County with nearby schools including P.S. 203 Floyd Bennett, Success Academy Charter School - Bergen Beach, and Midwood Catholic Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Akbar Nezam and Alli Bibi Fazaiel
Bought by
Budram Kunti and Budram Muneshwar Alvin
Current Estimated Value
$752,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,681
Outstanding Balance
$433,777
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$318,286

Purchase Details

Closed on
Mar 11, 1999
Sold by
Saviri Jean M
Bought by
Akbar Nezam and Alli Bibi Fazaiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,050
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 1997
Sold by
Bowman Ramona
Bought by
Saviri Jean M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Budram Kunti $550,000 --
Akbar Nezam $137,000 First American Title Ins Co
Saviri Jean M -- The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budram Kunti $475,681
Previous Owner Akbar Nezam $119,050
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $6,757 $38,160 $9,480 $28,680
2024 $6,757 $43,080 $9,480 $33,600
2023 $6,593 $38,940 $9,480 $29,460
2022 $6,358 $33,780 $9,480 $24,300
2021 $6,457 $34,980 $9,480 $25,500
2019 $5,864 $32,040 $9,480 $22,560
2018 $5,515 $27,054 $9,018 $18,036
2017 $5,410 $26,541 $8,255 $18,286
2016 $5,111 $25,567 $9,078 $16,489
2015 $3,020 $24,120 $10,500 $13,620
2014 $3,020 $23,361 $10,169 $13,192
Source: Public Records

Map

New York Kings County Brooklyn 11234 Flatlands

1556 E 53rd St, Brooklyn, NY

Not Listed for Sale

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