524 61st St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,297,000 - $1,600,000
--
Bed
--
Bath
2,836
Sq Ft
$491/Sq Ft
Est. Value
About This Home
This home is located at 524 61st St, Brooklyn, NY 11220 and is currently estimated at $1,392,253, approximately $490 per square foot. 524 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
Apr 21, 2022
Sold by
Lin Jian Zhong and Lin Qin
Bought by
Lin Jian Zhong and Lin Qin
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
$400,000
Outstanding Balance
$379,693
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,012,560
Purchase Details
Closed on
Oct 25, 2007
Sold by
O'Brien James J and O'Brien Sharon Hall
Bought by
Lin Jian Zhong and Lin Qin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 16, 1998
Sold by
Obrien James J
Bought by
Obrien James J and Obrien Sharon Hall
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Jian Zhong | -- | -- | |
| Lin Jian Zhong | -- | -- | |
| Lin Jian Zhong | $750,000 | -- | |
| Lin Jian Zhong | $750,000 | -- | |
| Obrien James J | -- | Commonwealth Land Title Ins | |
| Obrien James J | -- | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Jian Zhong | $400,000 | |
| Closed | Lin Jian Zhong | $400,000 | |
| Closed | Lin Jian Zhong | $533,850 | |
| Previous Owner | Obrien James J | $80,000 |
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 | $8,987 | $87,840 | $18,240 | $69,600 |
| 2024 | $8,987 | $86,880 | $18,240 | $68,640 |
| 2023 | $8,886 | $100,380 | $18,240 | $82,140 |
| 2022 | $6,500 | $85,800 | $18,240 | $67,560 |
| 2021 | $8,668 | $82,740 | $18,240 | $64,500 |
| 2020 | $4,085 | $87,840 | $18,240 | $69,600 |
| 2019 | $7,752 | $86,940 | $18,240 | $68,700 |
| 2018 | $7,373 | $37,630 | $9,509 | $28,121 |
| 2017 | $7,319 | $37,376 | $11,910 | $25,466 |
| 2016 | $6,786 | $35,494 | $9,617 | $25,877 |
| 2015 | $4,033 | $33,718 | $11,500 | $22,218 |
| 2014 | $4,033 | $32,046 | $11,450 | $20,596 |
Source: Public Records
Map
Nearby Homes