538 56th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,447,000 - $1,821,000
Studio
--
Bath
3,012
Sq Ft
$541/Sq Ft
Est. Value
About This Home
This home is located at 538 56th St, Brooklyn, NY 11220 and is currently estimated at $1,628,950, approximately $540 per square foot. 538 56th 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
Jan 12, 2016
Sold by
Chen Rong Fu and Chen Shan Tong
Bought by
Lin Xiu and Liu Zhi Jie
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
$770,000
Outstanding Balance
$609,320
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,019,630
Purchase Details
Closed on
Apr 14, 2008
Sold by
Mercedes Sorrentino As Trustee and Patricia Santiago As Trustee
Bought by
Chen Rong Fu and Chen Shan Tong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
6.22%
Purchase Details
Closed on
May 10, 2006
Sold by
Bernabe Delia
Bought by
Bernabe Delia and Delia Bernabe Living Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Xiu | $1,250,000 | -- | |
| Lin Xiu | $1,250,000 | -- | |
| Lin Xiu | $1,250,000 | -- | |
| Chen Rong Fu | $960,000 | -- | |
| Chen Rong Fu | $960,000 | -- | |
| Bernabe Delia | -- | -- | |
| Bernabe Delia | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Xiu | $770,000 | |
| Closed | Lin Xiu | $770,000 | |
| Previous Owner | Chen Rong Fu | $74,700 | |
| Previous Owner | Chen Rong Fu | $645,300 |
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 | $7,772 | $82,620 | $30,540 | $52,080 |
| 2024 | $7,772 | $94,920 | $30,540 | $64,380 |
| 2023 | $7,429 | $95,880 | $30,540 | $65,340 |
| 2022 | $6,895 | $95,100 | $30,540 | $64,560 |
| 2021 | $6,861 | $83,460 | $30,540 | $52,920 |
| 2020 | $3,373 | $82,380 | $30,540 | $51,840 |
| 2019 | $6,746 | $69,240 | $30,540 | $38,700 |
| 2018 | $6,214 | $30,484 | $11,334 | $19,150 |
| 2017 | $5,867 | $28,782 | $12,896 | $15,886 |
| 2016 | $5,431 | $27,169 | $12,260 | $14,909 |
| 2015 | $3,275 | $26,872 | $13,400 | $13,472 |
| 2014 | $3,275 | $26,872 | $15,167 | $11,705 |
Source: Public Records
Map
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