NOT LISTED FOR SALE

197 E 56th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $625,000 - $776,000

1 Bed
-- Bath
-- Sq Ft
2,004 Sq Ft Lot

About This Home

Welcome to 197 East 56th Street.
Just renovated a spectacular one-bedroom, one-bath with spacious closets that exudes the warm glow of inviting elegance whilst maintaining practical living spaces with shared backyard.
The spacious and airy rooms are flooded with natural light.
Please note the unit does not come with a washer/dryer allowance. However, the neighborhood is home to several convenient laundry services that ensure this minor inconvenience.
Gas is included to rent.
Reach out today to schedule a personal tour.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2023
Sold by
Helen M Bowman Trust and Marilyn E Britt As Trustee
Bought by
197 East 56 Llc
Current Estimated Value
$709,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$403,360
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$306,182
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.

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
197 East 56 Llc $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 197 East 56 Llc $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 For Rent $2,700 -- --

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 $5,501 $35,760 $11,700 $24,060
2024 $5,501 $41,820 $11,700 $30,120
2023 $5,387 $43,740 $11,700 $32,040
2022 $4,636 $45,360 $11,700 $33,660
2021 $4,738 $38,040 $11,700 $26,340
2020 $4,738 $25,260 $11,700 $13,560
2019 $4,116 $25,260 $11,700 $13,560
2018 $1,594 $22,104 $10,190 $11,914
2017 $1,607 $22,104 $9,752 $12,352
2016 $1,515 $21,370 $10,685 $10,685
2015 $826 $20,161 $11,513 $8,648
2014 $826 $19,020 $13,020 $6,000
Source: Public Records

Map

New York Kings County Brooklyn 11203 East Flatbush

197 E 56th St, Brooklyn, NY

Not Listed for Sale

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