523 61st St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,360,000 - $1,463,000
--
Bed
--
Bath
2,820
Sq Ft
$498/Sq Ft
Est. Value
About This Home
This home is located at 523 61st St, Brooklyn, NY 11220 and is currently estimated at $1,403,511, approximately $497 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
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%
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Home Values in the Area
Average Home Value in this Area
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 | $9,014 | |
| Previous Owner | Shi Cheng Zuan | $533,000 | |
| Previous Owner | Chen Mei Qun | $100,000 | |
| Previous Owner | Chen Mei Qun | $180,000 | |
| Previous Owner | Chen Mei Qun | $200,000 |
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 | $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
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