NOT LISTED FOR SALE

5318 7th Ave Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $3,057,060

-- Bed
-- Bath
3,594 Sq Ft
$851/Sq Ft Est. Value

About This Home

This home is located at 5318 7th Ave, Brooklyn, NY 11220 and is currently estimated at $3,057,060, approximately $850 per square foot. 5318 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 Leep Dual Language Academy Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
5318 Llc
Bought by
5318 7 Ave Llc
Current Estimated Value
$3,057,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Outstanding Balance
$1,357,190
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,671,772

Purchase Details

Closed on
May 30, 2007
Sold by
Yee Albert Siu Kaw
Bought by
5318 Llc

Purchase Details

Closed on
Jul 23, 2001
Sold by
Yee Albert Siu Kaw
Bought by
Yee Albert Siu Kaw and Yee Barbara Yuen Yee

Purchase Details

Closed on
May 5, 1994
Sold by
Rodriguez Gilbert
Bought by
He Ji Ming and Li Yun
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
5318 7 Ave Llc $2,800,000 --
5318 Llc -- --
Yee Albert Siu Kaw -- --
He Ji Ming $20,825,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5318 7 Ave Llc $1,450,000
Closed 5318 7 Ave Llc $1,160,000
Closed 5318 7 Ave Llc $1,194,000
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 $11,022 $142,500 $27,960 $114,540
2024 $11,022 $116,940 $27,960 $88,980
2023 $11,079 $113,040 $27,960 $85,080
2022 $10,461 $101,880 $27,960 $73,920
2021 $8,244 $91,980 $27,960 $64,020
2020 $8,211 $91,920 $27,960 $63,960
2019 $7,655 $84,900 $27,960 $56,940
2018 $7,405 $36,325 $14,357 $21,968
2017 $7,039 $34,532 $14,629 $19,903
2016 $6,563 $32,831 $16,684 $16,147
2015 $3,434 $32,812 $16,044 $16,768
2014 $3,434 $26,872 $14,181 $12,691
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

5318 7th Ave, Brooklyn, NY

This home is located at 5318 7th Ave, Brooklyn, NY 11220 and is currently estimated at $3,057,060, approximately $850 per square foot. 5318 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 Leep Dual Language Academy Charter 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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