545 50th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,218,513 - $1,521,000
--
Bed
--
Bath
1,742
Sq Ft
$790/Sq Ft
Est. Value
About This Home
This home is located at 545 50th St, Brooklyn, NY 11220 and is currently estimated at $1,375,628, approximately $789 per square foot. 545 50th St is a home located in Kings County with nearby schools including P.S. 94 The Henry Longfellow School, Leep Dual Language Academy Charter School, and Our Lady Of Perpetual Help Catholic Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 9, 2009
Sold by
Sanchez Juan B and Sanchez Rosa M
Bought by
Chen Li Zhen
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
$480,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 1, 1996
Sold by
Ocean Management Corp
Bought by
Sanchez Juan B and Sanchez Rosa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
7.39%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 30, 1995
Sold by
545 50Th Street Realty Corp
Bought by
Ocean Management Corp
Purchase Details
Closed on
Jun 8, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
545 50Th Street Realty Corp
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Li Zhen | $693,000 | -- | |
| Chen Li Zhen | $693,000 | -- | |
| Sanchez Juan B | $175,000 | Commonwealth Land Title Ins | |
| Sanchez Juan B | $175,000 | Commonwealth Land Title Ins | |
| Ocean Management Corp | $95,000 | First American Title Ins Co | |
| Ocean Management Corp | $95,000 | First American Title Ins Co | |
| 545 50Th Street Realty Corp | $69,000 | -- | |
| 545 50Th Street Realty Corp | $69,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Li Zhen | $372,000 | |
| Closed | Chen Li Zhen | $480,000 | |
| Previous Owner | Profile Enterprises Lp | $10,584,160 | |
| Previous Owner | Sanchez Juan B | $24,459 | |
| Previous Owner | Sanchez Juan B | $60,000 | |
| Previous Owner | Sanchez Juan B | $5,265 | |
| Previous Owner | Sanchez Juan B | $174,800 |
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 | $6,477 | $83,100 | $23,400 | $59,700 |
| 2024 | $6,477 | $65,640 | $23,400 | $42,240 |
| 2023 | $6,490 | $77,760 | $23,400 | $54,360 |
| 2022 | $6,022 | $63,660 | $23,400 | $40,260 |
| 2021 | $5,994 | $57,480 | $23,400 | $34,080 |
| 2020 | $2,980 | $62,220 | $23,400 | $38,820 |
| 2019 | $5,621 | $59,640 | $23,400 | $36,240 |
| 2018 | $5,429 | $26,630 | $8,355 | $18,275 |
| 2017 | $5,124 | $25,137 | $10,191 | $14,946 |
| 2016 | $4,745 | $23,736 | $10,206 | $13,530 |
| 2015 | $2,640 | $23,736 | $12,323 | $11,413 |
| 2014 | $2,640 | $22,394 | $12,775 | $9,619 |
Source: Public Records
Map
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