NOT LISTED FOR SALE

Estimated Value: $1,191,000 - $1,447,000

5 Beds
1 Bath
2,283 Sq Ft
$596/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $730,000 $320 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $7,588/month

41 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Heating System Uses Steam
  • IS 220 John J. Pershing Rated A
  • Open Floorplan
  • 3-minute walk to Martin Luther Playground

About This Home

As of April 2017

This home is located at 262 56th St, Brooklyn, NY 11220 since 01 November 2016 and is currently estimated at $1,360,877, approximately $596 per square foot. This property was built in 1899. 262 56th St is a home located in Kings County with nearby schools including P.S. 503: The School of Discovery, IS 220 John J. Pershing, and Fort Hamilton High School.

Last Agent to Sell the Property

Sonia Chiaruttini

Casandra Properties, Inc Listed on: 11/01/2016

Co-Listed By

Mario Minelli

Casandra Properties, Inc

Last Buyer's Agent

Mario Minelli

Tom Crimmins Realty, Ltd. License #10301211653

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,656

Year Built

  • Built in 1899

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 20x100.17
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,283 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Oil
  • Heating System Uses Steam
  • 220 Volts

Community Details

  • Located In Heart Of Sunset Park. Walk To Nyu Lutheran. Sold 'As Is' Subdivision

Listing and Financial Details

  • Legal Lot and Block 0031 / 00837
  • Assessor Parcel Number 00837-0031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,656

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Sub Type: Two Family - Attached
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Lot Size: 20x100.17
  • Co List Office Mls Id: o04901
  • Subdivision Name: Located in heart of Sunset Park. Walk to NYU Lutheran. Sold 'As Is'
  • Directions: 56th St between 2nd & 3rd Ave.
  • Architectural Style: Colonial
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1899
  • General Property Info:Style2: Colonial
  • ContractLocation Information:List PriceSqFt2: 427.07
  • ContractLocation Information:End Unit: No
  • General Property Info:Tax Abated: No
  • General Property Info:Year Built Description: Approx
  • General Property Info:Condition: Good
  • General Property Info:Apartment Desc: 2BR, EIK, LR, Full Bath
  • General Property Info Handicap Access: No
  • Special Features: None
  • Stories: 3
  • Year Built: 1899

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: Full
  • Dining Room:Combination: Yes
  • Kitchen:Eat In: Yes
  • Living Room:Combination2: Yes
  • Main Bath:Full Bath: Yes
  • Primary Bedroom:Shared Bath: Yes
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Lot Features: Back
  • Construction Type: Vinyl Siding
  • General Property Info:Waterview: No
  • Yard:Back: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage Location: None
  • Parking:On Street: Yes

Utilities

  • Heating: Steam, Oil
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat System:Steam: Yes
  • Siding:Vinyl Siding: Yes
  • Heat Source:Oil: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 2003.0
  • Lot Size Units: Square Feet
  • Parcel #: 00837-0031
  • Zoning: R6-B
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2003.0
  • General Property Info:Lot Dim: 20x100.17

Rental Info

  • General Property Info Main Unit Lease: No

Tax Info

  • Tax Annual Amount: 2656.22
  • Tax Block: 00837
  • Tax Lot: 0031
  • General Property Info:Taxes2: 2656.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2017
Sold by
Shan Franklin
Bought by
Lam Yuk Ying and Ng Chi Hang
Current Estimated Value
$1,360,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$718,000
Outstanding Balance
$599,581
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$761,296

Purchase Details

Listed on
Nov 1, 2016
Closed on
Apr 3, 2017
Sold by
Torres Frances
Bought by
Shan Franklin
Seller's Agent
Sonia Chiaruttini
Casandra Properties, Inc
Buyer's Agent
Mario Minelli
Tom Crimmins Realty, Ltd.
List Price
$995,000
Sold Price
$730,000
Premium/Discount to List
-$265,000
-26.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Dec 3, 2003
Sold by
Torres Maria and Torres Santos
Bought by
Torres Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
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
Lam Yuk Ying $898,000 --
Shan Franklin $730,000 --
Torres Frances $250,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Yuk Ying $718,000
Previous Owner Torres Frances $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2017 04/03/17 Sold $730,000 -26.6% $320 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $995,000 -- $436 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $5,576 $82,980 $16,380 $66,600
2024 $5,576 $70,020 $16,380 $53,640
2023 $5,319 $62,640 $16,380 $46,260
2022 $5,028 $52,800 $16,380 $36,420
2021 $5,097 $56,400 $16,380 $40,020
2020 $2,534 $61,200 $16,380 $44,820
2019 $5,030 $51,840 $16,380 $35,460
2018 $3,104 $15,225 $4,756 $10,469
2017 $2,933 $14,389 $4,355 $10,034
2016 $2,716 $13,584 $5,551 $8,033
2015 $1,637 $13,584 $5,219 $8,365
2014 $1,637 $13,436 $4,979 $8,457
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Staten Island Multiple Listing Service

MLS Number: 1105827

Staten Island Multiple Listing Service

APN: 00837-0031