NOT LISTED FOR SALE

540 55th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,646,000 - $1,984,271

-- Bed
-- Bath
2,760 Sq Ft
$639/Sq Ft Est. Value

About This Home

This home is located at 540 55th St, Brooklyn, NY 11220 and is currently estimated at $1,764,568, approximately $639 per square foot. 540 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
May 7, 2021
Sold by
Weng Fei Yan and Weng Feiyan
Bought by
Weng Feiyan and Weng Zhentong
Current Estimated Value
$1,764,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,986
Outstanding Balance
$4,531
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,713,546

Purchase Details

Closed on
Jun 25, 2015
Sold by
Greco Joseph
Bought by
Weng Fei Yan and Weng Zhen Tong

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
Outstanding Balance
$416,907
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,301,170
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Weng Feiyan -- --
Weng Fei Yan $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weng Feiyan $4,986
Open Weng Fei Yan $533,000
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 $10,248 $106,320 $28,800 $77,520
2024 $10,248 $84,000 $28,800 $55,200
2023 $10,150 $79,620 $28,800 $50,820
2022 $9,412 $78,180 $28,800 $49,380
2021 $9,361 $80,400 $28,800 $51,600
2020 $2,324 $86,640 $28,800 $57,840
2019 $8,895 $81,540 $28,800 $52,740
2018 $8,613 $42,250 $14,824 $27,426
2017 $8,247 $40,457 $16,457 $24,000
2016 $5,694 $28,483 $16,756 $11,727
2015 $3,215 $28,464 $16,261 $12,203
2014 $3,215 $26,872 $15,809 $11,063
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

540 55th St, Brooklyn, NY

This home is located at 540 55th St, Brooklyn, NY 11220 and is currently estimated at $1,764,568, approximately $639 per square foot. 540 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.

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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