5424 7th Ave Brooklyn, NY 11220
Sunset Park Neighborhood
--
Bed
--
Bath
4,000
Sq Ft
1,612
Sq Ft Lot
About This Home
This home is located at 5424 7th Ave, Brooklyn, NY 11220. 5424 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
Sep 6, 2017
Sold by
Wong Kam Sang
Bought by
Kam Sang Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,202
Outstanding Balance
$640,668
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 29, 2003
Sold by
Liu Wei Guang and Wong Kam Sang
Bought by
Wong Kam Sang
Purchase Details
Closed on
Sep 18, 1997
Sold by
Reda Ralph
Bought by
Liu Wei Guang and Wong Kam Sang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
7.19%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kam Sang Corp | -- | -- | |
| Kam Sang Corp | -- | -- | |
| Wong Kam Sang | -- | -- | |
| Wong Kam Sang | -- | -- | |
| Liu Wei Guang | $261,000 | -- | |
| Reda Ralph | $80,000 | -- | |
| Reda Ralph | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kam Sang Corp | $767,202 | |
| Closed | Kam Sang Corp | $767,202 | |
| Previous Owner | Reda Ralph | $181,000 |
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 | $9,344 | $126,300 | $16,620 | $109,680 |
| 2024 | $9,344 | $122,760 | $16,620 | $106,140 |
| 2023 | $8,914 | $112,740 | $16,620 | $96,120 |
| 2022 | $8,659 | $98,760 | $16,620 | $82,140 |
| 2021 | $8,626 | $89,460 | $16,620 | $72,840 |
| 2020 | $4,285 | $93,540 | $16,620 | $76,920 |
| 2019 | $8,110 | $81,360 | $16,620 | $64,740 |
| 2018 | $7,456 | $36,576 | $8,966 | $27,610 |
| 2017 | $7,368 | $36,144 | $9,499 | $26,645 |
| 2016 | $6,828 | $34,156 | $10,776 | $23,380 |
| 2015 | $4,112 | $34,137 | $12,918 | $21,219 |
| 2014 | $4,112 | $32,308 | $14,671 | $17,637 |
Source: Public Records
Map
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