5118 4th Ave Brooklyn, NY 11220
Sunset Park Neighborhood
Studio
--
Bath
2,000
Sq Ft
5,000
Acres
About This Home
This home is located at 5118 4th Ave, Brooklyn, NY 11220. 5118 4th Ave is a home located in Kings County with nearby schools including P.S. 1 The Bergen, Our Lady Of Perpetual Help Catholic Academy, and Lutheran Elementary School Of Bay Ridge.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2017
Sold by
Varela Properties Llc and Varela
Bought by
5120 Realty Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,052,785
Outstanding Balance
$1,697,220
Interest Rate
3.89%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 6, 2009
Sold by
Varela Andrew
Bought by
Varela Properties Llc
Purchase Details
Closed on
Apr 23, 1999
Sold by
Union Sample Card Co Inc
Bought by
Varela Andrew
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 5120 Realty Corp | $5,500,000 | -- | |
| 5120 Realty Corp | $5,500,000 | -- | |
| 5120 Realty Corp | $5,500,000 | -- | |
| Varela Properties Llc | -- | -- | |
| Varela Properties Llc | -- | -- | |
| Varela Andrew | $220,000 | First American Title Ins Co | |
| Varela Andrew | $220,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 5120 Realty Corp | $2,052,785 | |
| Closed | 5120 Realty Corp | $2,052,785 |
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 | $20,658 | $211,500 | $31,500 | $180,000 |
| 2024 | $20,658 | $206,550 | $31,500 | $175,050 |
| 2023 | $20,734 | $207,000 | $31,500 | $175,500 |
| 2022 | $20,550 | $192,150 | $31,500 | $160,650 |
| 2021 | $17,132 | $160,200 | $31,500 | $128,700 |
| 2020 | $9,785 | $209,250 | $31,500 | $177,750 |
| 2019 | $17,884 | $205,200 | $31,500 | $173,700 |
| 2018 | $16,768 | $188,550 | $31,500 | $157,050 |
| 2017 | $15,603 | $150,750 | $31,500 | $119,250 |
| 2016 | $15,207 | $148,050 | $31,500 | $116,550 |
| 2015 | $8,175 | $157,950 | $31,500 | $126,450 |
| 2014 | $8,175 | $152,100 | $31,500 | $120,600 |
Source: Public Records
Map
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