Seller's Agent in 2020
Mitchell Duong
Momentum Real Estate LLC
(718) 382-0005
22 Total Sales
543 55th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,201,000 - $1,531,000
5
Beds
3
Baths
2,076
Sq Ft
$659/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Baseboard Heating
- 1-minute walk to Rainbow Playground
- IS 220 John J. Pershing Rated A
- Back and Front Yard
About This Home
As of October 2020Brick attached house situated in one of the most sought-after location . Sunset Park! This 2 family consists of 3 levels living space above ground plus basement, building size 18x40, on the lot of 18x100. Conveniently located less than 2 blocks away from the N/R train station, bus stations on 5th Avenue, yet also less than 3 blocks away from the Brooklyn Chinatown. Near Park. This property won’t last long, seller is ready to hear bids and offers.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,664
Year Built
- Built in 1920
Lot Details
- 1,800 Sq Ft Lot
- Lot Dimensions are 100 x 18
- Back and Front Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2,076 Sq Ft Home
- 3-Story Property
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Stove
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 824
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2020
Closed on
Oct 8, 2020
Sold by
Dubois Pierre
Bought by
Lin Wei
Seller's Agent
Mitchell Duong
Momentum Real Estate LLC
Buyer's Agent
Mandy Shi
Momentum Real Estate LLC
Sold Price
$1,188,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,959
Avg. Annual Appreciation
2.83%
Original Mortgage
$830,000
Outstanding Balance
$736,895
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$631,064
Purchase Details
Closed on
Oct 4, 2005
Sold by
Dubois Isabelle and Dubois Pierre
Bought by
Dubois Pierre
Purchase Details
Closed on
Dec 17, 1997
Sold by
Pergola Mildred
Bought by
Dubois Pierre and Dubois Isabelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.85%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Wei | $1,188,000 | -- | |
| Lin Wei | $1,188,000 | -- | |
| Dubois Pierre | -- | -- | |
| Dubois Pierre | -- | -- | |
| Dubois Pierre | $200,000 | Commonwealth Land Title Ins | |
| Dubois Pierre | $200,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Wei | $830,000 | |
| Closed | Lin Wei | $830,000 | |
| Previous Owner | Dubois Pierre | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2020 10/09/20 | Sold | $1,188,000 | -- | $572 / Sq Ft |
| 02/17/2020 02/17/20 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
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 | $66,120 | $21,300 | $44,820 |
| 2024 | $7,772 | $68,700 | $21,300 | $47,400 |
| 2023 | $7,764 | $80,880 | $21,300 | $59,580 |
| 2022 | $7,232 | $73,920 | $21,300 | $52,620 |
| 2021 | $7,193 | $69,060 | $21,300 | $47,760 |
| 2020 | $6,826 | $72,540 | $21,300 | $51,240 |
| 2019 | $6,746 | $64,620 | $21,300 | $43,320 |
| 2018 | $6,494 | $31,856 | $10,290 | $21,566 |
| 2017 | $6,154 | $30,190 | $9,401 | $20,789 |
| 2016 | $5,694 | $28,483 | $10,051 | $18,432 |
| 2015 | $3,215 | $26,872 | $11,923 | $14,949 |
| 2014 | $3,215 | $26,872 | $13,234 | $13,638 |
Source: Public Records
Agents Affiliated with this Home
-
Mitchell Duong
-
Mandy Shi
M
Buyer's Agent in 2020
Mandy Shi
Momentum Real Estate LLC
(718) 382-0001
12 in this area
69 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 436801
APN: 00824-0068
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