514 55th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,359,000 - $1,661,000
Studio
--
Bath
2,516
Sq Ft
$600/Sq Ft
Est. Value
About This Home
This home is located at 514 55th St, Brooklyn, NY 11220 and is currently estimated at $1,509,546, approximately $599 per square foot. 514 55th 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 24, 2003
Sold by
Tang Lai Cheung
Bought by
Kuang Huang Ming and Kuang Yue Ling
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 4, 2000
Sold by
Court Angel L
Bought by
Tang Lai Cheung and Yu Cui Ling
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.21%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kuang Huang Ming | $480,000 | -- | |
| Tang Lai Cheung | $265,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kuang Huang Ming | $330,000 | |
| Previous Owner | Tang Lai Cheung | $99,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,913 | $92,580 | $27,660 | $64,920 |
| 2024 | $6,913 | $85,800 | $27,660 | $58,140 |
| 2023 | $7,103 | $75,840 | $27,660 | $48,180 |
| 2022 | $6,572 | $75,000 | $27,660 | $47,340 |
| 2021 | $6,897 | $71,160 | $27,660 | $43,500 |
| 2020 | $3,384 | $78,360 | $27,660 | $50,700 |
| 2019 | $6,370 | $65,460 | $27,660 | $37,800 |
| 2018 | $6,195 | $31,849 | $11,812 | $20,037 |
| 2017 | $5,853 | $30,184 | $12,650 | $17,534 |
| 2016 | $5,384 | $28,483 | $11,948 | $16,535 |
| 2015 | $3,215 | $28,132 | $15,323 | $12,809 |
| 2014 | $3,215 | $26,541 | $17,355 | $9,186 |
Source: Public Records
Map
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