540 85th St Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated Value: $1,186,852 - $1,330,000
Studio
--
Bath
1,558
Sq Ft
$824/Sq Ft
Est. Value
About This Home
This home is located at 540 85th St, Brooklyn, NY 11209 and is currently estimated at $1,283,463, approximately $823 per square foot. 540 85th St is a home located in Kings County with nearby schools including P.S./I.S. 104 The Fort Hamilton School, P.S. 264 Bay Ridge Elementary School for the Arts, and Fort Hamilton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 29, 2003
Sold by
Tiu Yu Fong
Bought by
Innab Imad
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
$368,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 16, 1996
Sold by
Lau Shu Chung
Bought by
Tiu Yu Fong
Purchase Details
Closed on
Jun 29, 1994
Sold by
Longo Frank J
Bought by
Lau Shu Chung and Tiu Yu Fong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
9.24%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Innab Imad | $460,000 | -- | |
| Innab Imad | $460,000 | -- | |
| Tiu Yu Fong | -- | -- | |
| Tiu Yu Fong | -- | -- | |
| Lau Shu Chung | $227,500 | Commonwealth Land Title Ins | |
| Lau Shu Chung | $227,500 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Innab Imad | $368,000 | |
| Previous Owner | Lau Shu Chung | $120,000 |
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 | $9,562 | $69,540 | $11,640 | $57,900 |
| 2024 | $9,562 | $65,100 | $11,640 | $53,460 |
| 2023 | $9,137 | $73,800 | $11,640 | $62,160 |
| 2022 | $8,583 | $60,420 | $11,640 | $48,780 |
| 2021 | $8,881 | $63,000 | $11,640 | $51,360 |
| 2020 | $4,399 | $62,520 | $11,640 | $50,880 |
| 2019 | $8,299 | $62,520 | $11,640 | $50,880 |
| 2018 | $7,642 | $37,490 | $6,281 | $31,209 |
| 2017 | $7,304 | $35,830 | $7,506 | $28,324 |
| 2016 | $7,030 | $35,167 | $8,571 | $26,596 |
| 2015 | $4,077 | $35,043 | $11,451 | $23,592 |
| 2014 | $4,077 | $33,060 | $12,960 | $20,100 |
Source: Public Records
Map
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