NOT LISTED FOR SALE

55 Covert St Brooklyn, NY 11207

Bushwick Neighborhood

Estimated Value: $1,308,763 - $1,430,000

Studio
-- Bath
2,400 Sq Ft
$566/Sq Ft Est. Value

About This Home

This home is located at 55 Covert St, Brooklyn, NY 11207 and is currently estimated at $1,357,441, approximately $565 per square foot. 55 Covert St is a home located in Kings County with nearby schools including P.S./I.S. 045 Horace E. Greene, Evergreen Middle School for Urban Exploration, and Achievement First Bushwick Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Townhouse Rental Ii Llc
Bought by
Townhouse Rental Llc
Current Estimated Value
$1,357,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,543,905
Outstanding Balance
$40,190,874
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$38,833,433

Purchase Details

Closed on
Dec 5, 2022
Sold by
Covert Bushwick Realty Llc
Bought by
Townhouse Rental Ii Llc

Purchase Details

Closed on
Sep 24, 2014
Sold by
Torres Leoni
Bought by
Covert Bushwick Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
4.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Townhouse Rental Llc -- --
Townhouse Rental Ii Llc $1,250,000 --
Covert Bushwick Realty Llc $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townhouse Rental Llc $41,543,905
Previous Owner Covert Bushwick Realty Llc $590,000
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 $8,696 $83,940 $9,780 $74,160
2024 $8,696 $66,300 $9,780 $56,520
2023 $8,295 $80,520 $9,780 $70,740
2022 $7,693 $68,700 $9,780 $58,920
2021 $8,109 $74,520 $9,780 $64,740
2020 $4,001 $62,280 $9,780 $52,500
2019 $7,547 $60,840 $9,780 $51,060
2018 $6,939 $34,038 $5,570 $28,468
2017 $6,546 $32,112 $6,100 $26,012
2016 $6,419 $32,112 $6,914 $25,198
2015 $3,654 $31,869 $8,180 $23,689
2014 $3,654 $30,066 $8,342 $21,724
Source: Public Records

Map

New York Kings County Brooklyn 11207 Bushwick

55 Covert St, Brooklyn, NY

Not Listed for Sale

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