NOT LISTED FOR SALE

523 61st St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,403,000 - $1,539,000

-- Bed
-- Bath
2,820 Sq Ft
$523/Sq Ft Est. Value

About This Home

This home is located at 523 61st St, Brooklyn, NY 11220 and is currently estimated at $1,473,616, approximately $522 per square foot. 523 61st 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
Jan 23, 2019
Sold by
Liu Hong
Bought by
61 Street Brooklyn Llc
Current Estimated Value
$1,473,616

Purchase Details

Closed on
Jan 13, 2015
Sold by
Lin Yu and Shi Cheng Zuan
Bought by
Liu Hong

Purchase Details

Closed on
May 25, 2012
Sold by
Shi Cheng Zuan
Bought by
Lin Yu and Shi Cheng Zuan

Purchase Details

Closed on
Sep 26, 2007
Sold by
Chen Mei Qun
Bought by
Shi Cheng Zuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2001
Sold by
Crowe Michael J and Crowe Theresa
Bought by
Chen Mei Qun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
61 Street Brooklyn Llc -- --
Liu Hong $800,000 --
Lin Yu -- --
Lin Yu -- --
Shi Cheng Zuan $670,000 --
Shi Cheng Zuan $670,000 --
Chen Mei Qun $375,000 Fidelity National Title Ins
Chen Mei Qun $375,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shi Cheng Zuan $533,000
Previous Owner Chen Mei Qun $200,000
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 $8,016 $92,940 $16,440 $76,500
2024 $8,016 $83,220 $16,440 $66,780
2023 $7,648 $95,100 $16,440 $78,660
2022 $7,095 $77,820 $16,440 $61,380
2021 $7,057 $85,320 $16,440 $68,880
2020 $3,508 $82,800 $16,440 $66,360
2019 $6,958 $82,800 $16,440 $66,360
2018 $6,397 $31,380 $9,022 $22,358
2017 $6,037 $29,617 $9,232 $20,385
2016 $5,586 $27,945 $7,536 $20,409
2015 $3,370 $27,943 $8,239 $19,704
2014 $3,370 $27,717 $9,696 $18,021
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

523 61st St, Brooklyn, NY

This home is located at 523 61st St, Brooklyn, NY 11220 and is currently estimated at $1,473,616, approximately $522 per square foot. 523 61st 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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