514 60th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,553,519
Studio
--
Bath
6,961
Sq Ft
$223/Sq Ft
Est. Value
About This Home
This home is located at 514 60th St, Brooklyn, NY 11220 and is currently estimated at $1,553,519, approximately $223 per square foot. 514 60th St is a home located in Kings County with nearby schools including P.S. 506: The School of Journalism & Technology, Junior High School 227 Edward B Shallow, and Fort Hamilton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 24, 2023
Sold by
Chen Martin and Chen Ying
Bought by
Chen Martin and Lin Jian Fen
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
$1,235,000
Outstanding Balance
$1,203,630
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$349,889
Purchase Details
Closed on
Oct 12, 2022
Sold by
Estate Of Joe Chen and Jian Fen Lin As Executor
Bought by
Chen Martin
Purchase Details
Closed on
Jun 16, 2015
Sold by
Chen Joe and Chen Ying
Bought by
Chen Joe and Chen Martin
Purchase Details
Closed on
Feb 14, 2013
Sold by
Chen Joe and Chen Ying
Bought by
Chen Joe and Chen Ying
Purchase Details
Closed on
Oct 29, 2008
Sold by
Chen Joe and Chen Ying
Bought by
Chen Joe and Chen Ying
Purchase Details
Closed on
Oct 11, 2006
Sold by
Chen Wu Hui Juan and Chen Rui Fang
Bought by
Chen Joe and Chen Ying
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Interest Rate
6.48%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 28, 1999
Sold by
Chen Zhi Hong
Bought by
Chen Zhi Hong and Wu Hui Juan
Purchase Details
Closed on
Sep 17, 1997
Sold by
Polese Richard D and Polese Helen D
Bought by
Chen Zhi Hong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
7.23%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Martin | -- | -- | |
| Chen Martin | -- | -- | |
| Chen Martin | -- | -- | |
| Chen Martin | -- | -- | |
| Chen Martin | -- | -- | |
| Chen Martin | -- | -- | |
| Chen Joe | -- | -- | |
| Chen Joe | -- | -- | |
| Chen Joe | -- | -- | |
| Chen Joe | -- | -- | |
| Chen Joe | -- | -- | |
| Chen Joe | $42,500 | -- | |
| Chen Joe | $42,500 | -- | |
| Chen Joe | $855,000 | -- | |
| Chen Joe | $855,000 | -- | |
| Chen Zhi Hong | -- | Commonwealth Land Title Ins | |
| Chen Zhi Hong | -- | Commonwealth Land Title Ins | |
| Chen Zhi Hong | $178,000 | Commonwealth Land Title Ins | |
| Chen Zhi Hong | $178,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Martin | $1,235,000 | |
| Closed | Chen Martin | $1,235,000 | |
| Previous Owner | Chen Joe | $684,000 | |
| Previous Owner | Chen Zhi Hong | $133,500 |
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 | $8,850 | $566,100 | $42,300 | $523,800 |
| 2024 | $8,850 | $592,200 | $42,300 | $549,900 |
| 2023 | $8,684 | $675,000 | $42,300 | $632,700 |
| 2022 | $8,377 | $562,500 | $42,300 | $520,200 |
| 2021 | $7,756 | $661,950 | $42,300 | $619,650 |
| 2020 | $3,517 | $727,650 | $42,300 | $685,350 |
| 2019 | $6,799 | $727,650 | $42,300 | $685,350 |
| 2014 | -- | $43,261 | $3,884 | $39,377 |
Source: Public Records
Map
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