NOT LISTED FOR SALE

2055 E 55th St Brooklyn, NY 11234

Mill Basin Neighborhood

Estimated Value: $657,691 - $758,000

3 Beds
1 Bath
1,248 Sq Ft
$569/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $550,000 $441 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,156/month

Highlights

  • Wood Flooring
  • Brick Front
  • Heating System Uses Steam
  • Ps 207 Elizabeth G Leary Rated A-
  • Garden

About This Home

As of May 2021

Semi/Detached Duplex 1 Family in great location Old Mill Basins, steps away from Kings Plaza. Excellent room size, large bedrooms and a large backyard. Home recently updated and is close to transportation and shopping, Belt Parkway, Marine Park And also features a finished basement and bar area.

Last Agent to Sell the Property

Raymond Parasmo

Brooklyn Real Property, Inc Listed on: 01/04/2021

Co-Listed By

Anita Yeung

Brooklyn Real Property, Inc

Last Buyer's Agent

Raymond Parasmo

Brooklyn Real Property, Inc Listed on: 01/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,368

Year Built

  • Built in 1920

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Garden
  • Back and Front Yard
  • Property is zoned R5

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Frame Construction
  • Brick Front

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Stove
  • Finished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

Listing and Financial Details

  • Tax Block 8547

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,368

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 36.00
  • Building Width: 16.00
  • Co List Office Mls Id: 117351
  • Co List Office Phone: (718) 272-8988
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue T
  • Cross Street Name2: Avenue U
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Patio Garden, Refrigerator, Stove
  • Fill Sq Ft Total: 1248
  • Building Stories: 2
  • Street Name I D X: 55
  • Building Style: Duplex
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Brick Face
  • Foundation Details: Poured Concrete
  • Lot Number: 22
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2800.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Multi Family

  • Insurance Expense: 1500.00

Tax Info

  • Flip Tax Amount: 4368.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
May 26, 2021
Sold by
Charles Curtis C and Charles Donna E
Bought by
Zhao Baochan and Zhao Shenqin
Seller's Agent
Raymond Parasmo
Brooklyn Real Property, Inc
Buyer's Agent
Raymond Parasmo
Brooklyn Real Property, Inc
Sold Price
$550,000
Current Estimated Value
$710,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,673
Avg. Annual Appreciation
5.74%
Original Mortgage
$467,500
Outstanding Balance
$423,263
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,410

Purchase Details

Closed on
Jun 30, 2000
Sold by
Progress Equities Inc
Bought by
Charles Curtis C and Charles Donna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
8.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 1999
Sold by
Federal National Mortgage Association
Bought by
Progress Equities Inc

Purchase Details

Closed on
Aug 19, 1999
Sold by
Crossland Mtg Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 3, 1995
Sold by
Turem Allen M
Bought by
Slitchenko Tamilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,046
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhao Baochan $550,000 --
Charles Curtis C $223,500 Old Republic Natl Title Ins
Progress Equities Inc $143,000 --
Federal National Mortgage Association -- Chicago Title Insurance Co
Slitchenko Tamilla $148,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Baochan $467,500
Previous Owner Charles Curtis C $221,600
Previous Owner Slitchenko Tamilla $141,046
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $550,000 -- $441 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $5,310 $39,000 $9,600 $29,400
2024 $5,310 $39,000 $9,600 $29,400
2023 $5,326 $40,440 $9,600 $30,840
2022 $4,942 $39,000 $9,600 $29,400
2021 $4,619 $36,900 $9,600 $27,300
2020 $3,464 $36,060 $9,600 $26,460
2019 $4,316 $32,100 $9,600 $22,500
2018 $4,157 $21,854 $5,172 $16,682
2017 $3,905 $20,628 $6,536 $14,092
2016 $3,581 $19,461 $7,539 $11,922
2015 $2,145 $18,360 $7,980 $10,380
2014 $2,145 $18,360 $7,980 $10,380
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Raymond Parasmo

    Brooklyn Real Property, Inc

    (917) 543-4200

    1 in this area

    18 Total Sales

    Raymond Parasmo
    Section Image
  • Anita Yeung

    Seller Co-Listing Agent in 2021

    Anita Yeung

    Brooklyn Real Property, Inc

    (718) 272-8988

    1 in this area

    23 Total Sales

    Anita Yeung
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 446320

Brooklyn Board of REALTORS®

APN: 08547-0022

New York Kings County Brooklyn 11234 Mill Basin

2055 E 55th St, Brooklyn, NY

Not Listed for Sale

Detached

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