NOT LISTED FOR SALE

427 56th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,332,298 - $1,645,000

Studio
-- Bath
2,928 Sq Ft
$519/Sq Ft Est. Value

About This Home

This home is located at 427 56th St, Brooklyn, NY 11220 and is currently estimated at $1,519,825, approximately $519 per square foot. 427 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Ng Qiong Zhen and Ng Quon Chiu
Bought by
427 56 Street Llc
Current Estimated Value
$1,519,825

Purchase Details

Closed on
Feb 24, 1999
Sold by
Garcia Jaime
Bought by
Ng Quon Chiu and Ng Qiong Zhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.92%
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

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Quantarium

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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
427 56 Street Llc -- --
Ng Quon Chiu $230,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ng Quon Chiu $180,000
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 $7,916 $85,140 $16,380 $68,760
2024 $7,916 $86,880 $16,380 $70,500
2023 $7,600 $93,360 $16,380 $76,980
2022 $7,312 $95,820 $16,380 $79,440
2021 $7,412 $79,620 $16,380 $63,240
2019 $6,578 $86,100 $16,380 $69,720
2018 $6,059 $31,185 $7,656 $23,529
2017 $5,922 $30,522 $7,644 $22,878
2016 $5,792 $30,522 $9,227 $21,295
2015 $3,253 $29,012 $9,034 $19,978
2014 $3,253 $27,370 $9,510 $17,860
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

427 56th St, Brooklyn, NY

Not Listed for Sale

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