5207 7th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,615,292
--
Bed
--
Bath
5,477
Sq Ft
$295/Sq Ft
Est. Value
About This Home
This home is located at 5207 7th Ave, Brooklyn, NY 11220 and is currently estimated at $1,615,292, approximately $294 per square foot. 5207 7th Ave is a home located in Kings County with nearby schools including P.S. 94 The Henry Longfellow School, IS 220 John J. Pershing, and Franklin Delano Roosevelt High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 28, 2022
Sold by
Chan Yan Cheung and Lam Choi Nog
Bought by
5207 7Ave Inc
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
$45,239
Outstanding Balance
$43,958
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,586,310
Purchase Details
Closed on
Oct 28, 2013
Sold by
Zheng Shi Yu and Zheng Yan Yu
Bought by
Chan Yan Cheung and Lam Choi Nog
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.36%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 7, 2008
Sold by
Chu Kam Tung
Bought by
Zheng Shi Yu and Zheng Yan Yu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,242
Interest Rate
5.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 29, 2003
Sold by
Poon Pauline
Bought by
Chu Kam Tung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
5.89%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 5, 2003
Sold by
Hurtado Guillermina and Hurtado Julissa
Bought by
Poon Pauline
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 5, 1998
Sold by
Hurtado Edgar
Bought by
Hurtado Julissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.97%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 28, 1995
Sold by
Hurtado Guillermina
Bought by
Hurtado Guillermina and Hurtado Edgar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.89%
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 |
|---|---|---|---|
| 5207 7Ave Inc | -- | -- | |
| 5207 7Ave Inc | -- | -- | |
| Chan Yan Cheung | $990,000 | -- | |
| Chan Yan Cheung | $990,000 | -- | |
| Zheng Shi Yu | $795,000 | -- | |
| Zheng Shi Yu | $795,000 | -- | |
| Chu Kam Tung | $540,000 | -- | |
| Chu Kam Tung | $540,000 | -- | |
| Poon Pauline | $538,000 | -- | |
| Poon Pauline | $538,000 | -- | |
| Hurtado Julissa | -- | Commonwealth Land Title Ins | |
| Hurtado Julissa | -- | Commonwealth Land Title Ins | |
| Hurtado Guillermina | -- | First American Title Ins Co | |
| Hurtado Guillermina | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 5207 7Ave Inc | $45,239 | |
| Closed | 5207 7Ave Inc | $45,239 | |
| Previous Owner | Chan Yan Cheung | $1,500,000 | |
| Previous Owner | Chan Yan Cheung | $450,000 | |
| Previous Owner | Chu Kam Ttung | $240,242 | |
| Previous Owner | Chu Kam Tung | $378,000 | |
| Previous Owner | Poon Pauline | $300,000 | |
| Previous Owner | Hurtado Julissa | $180,000 | |
| Previous Owner | Hurtado Julissa | $140,000 | |
| Previous Owner | Hurtado Guillermina | $105,000 |
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 | $20,254 | $519,300 | $57,600 | $461,700 |
| 2024 | $20,254 | $441,180 | $57,600 | $383,580 |
| 2023 | $18,401 | $367,650 | $57,600 | $310,050 |
| 2022 | $16,993 | $306,450 | $57,600 | $248,850 |
| 2021 | $15,776 | $360,450 | $57,600 | $302,850 |
| 2020 | $7,755 | $450,450 | $57,600 | $392,850 |
| 2019 | $16,219 | $450,450 | $57,600 | $392,850 |
| 2018 | $15,436 | $121,362 | $12,417 | $108,945 |
| 2017 | $14,293 | $112,373 | $12,179 | $100,194 |
| 2016 | $9,511 | $73,772 | $40,346 | $33,426 |
| 2015 | $2,762 | $22,891 | $17,617 | $5,274 |
| 2014 | $2,762 | $22,690 | $15,176 | $7,514 |
Source: Public Records
Map
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