NOT LISTED FOR SALE

1589 E 55th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $781,617 - $850,000

3 Beds
2 Baths
1,584 Sq Ft
$506/Sq Ft Est. Value

About This Home

This home is located at 1589 E 55th St, Brooklyn, NY 11234 and is currently estimated at $800,904, approximately $505 per square foot. 1589 E 55th 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
Sep 18, 2019
Sold by
Fortune Michael and Fortune Vania
Bought by
Ghumman Mohammad A
Current Estimated Value
$800,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,250
Outstanding Balance
$511,758
Interest Rate
3.6%
Estimated Equity
$289,146

Purchase Details

Closed on
Feb 4, 2013
Sold by
Pollina Joseph
Bought by
Fortune Michael and Fortune Vania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ghumman Mohammad A $615,000 --
Fortune Michael $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghumman Mohammad A $584,250
Previous Owner Fortune Michael $399,000
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 $6,039 $44,880 $7,920 $36,960
2024 $6,039 $44,340 $7,920 $36,420
2023 $6,060 $48,000 $7,920 $40,080
2022 $5,620 $39,240 $7,920 $31,320
2021 $5,589 $37,980 $7,920 $30,060
2020 $2,621 $42,120 $7,920 $34,200
2019 $4,949 $33,960 $7,920 $26,040
2018 $4,771 $24,866 $6,896 $17,970
2017 $4,482 $23,459 $7,355 $16,104
2016 $4,115 $22,132 $6,216 $15,916
2015 $2,680 $20,880 $8,820 $12,060
2014 $2,680 $20,880 $8,820 $12,060
Source: Public Records

Map

New York Kings County Brooklyn 11234 Flatlands

1589 E 55th St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes