536 55th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,367,997 - $1,634,000
Studio
--
Bath
1,840
Sq Ft
$834/Sq Ft
Est. Value
About This Home
This home is located at 536 55th St, Brooklyn, NY 11220 and is currently estimated at $1,535,249, approximately $834 per square foot. 536 55th St is a home located in Kings County with nearby schools including P.S. 503: The School of Discovery, IS 220 John J. Pershing, and Fort Hamilton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 6, 2023
Sold by
Chen Fang and Chen Shan Hua
Bought by
Chen Fang and Chen Wei
Current Estimated Value
Purchase Details
Closed on
Jan 14, 2008
Sold by
Chen Fu Zhen and Yeung Shing Chiu
Bought by
Chen Fang and Chen Shan Hua
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Outstanding Balance
$332,935
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,202,314
Purchase Details
Closed on
May 12, 2005
Sold by
Chen Xue Mei and Zheng Shang Hua
Bought by
Chen Fu Zhen and Yeung Shing Chiu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.94%
Purchase Details
Closed on
Sep 29, 1999
Sold by
Mcgowan Dorothy and Mcgowan Sarah
Bought by
Chen Xue Mei and Zheng Shang Hua
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.48%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Fang | -- | -- | |
| Chen Fang | -- | -- | |
| Chen Fang | $760,000 | -- | |
| Chen Fang | $760,000 | -- | |
| Chen Fu Zhen | $725,000 | -- | |
| Chen Fu Zhen | $725,000 | -- | |
| Chen Xue Mei | $272,000 | -- | |
| Chen Xue Mei | $272,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Fang | $532,000 | |
| Closed | Chen Fang | $532,000 | |
| Previous Owner | Chen Fu Zhen | $80,000 | |
| Previous Owner | Chen Fu Zhen | $499,900 | |
| Previous Owner | Chen Xue Mei | $204,000 |
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 | $8,036 | $65,220 | $28,800 | $36,420 |
| 2024 | $8,036 | $74,160 | $28,800 | $45,360 |
| 2023 | $8,099 | $79,680 | $28,800 | $50,880 |
| 2022 | $7,640 | $74,400 | $28,800 | $45,600 |
| 2021 | $7,840 | $61,920 | $28,800 | $33,120 |
| 2020 | $7,480 | $57,360 | $28,800 | $28,560 |
| 2019 | $6,975 | $54,960 | $28,800 | $26,160 |
| 2018 | $6,774 | $33,231 | $13,575 | $19,656 |
| 2017 | $6,391 | $31,351 | $11,868 | $19,483 |
| 2016 | $6,240 | $31,216 | $13,810 | $17,406 |
| 2015 | $3,567 | $29,450 | $14,090 | $15,360 |
| 2014 | $3,567 | $27,786 | $15,081 | $12,705 |
Source: Public Records
Map
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