NOT LISTED FOR SALE

5502 5th Ave Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $4,233,296

-- Bed
-- Bath
5,885 Sq Ft
$719/Sq Ft Est. Value

About This Home

This home is located at 5502 5th Ave, Brooklyn, NY 11220 and is currently estimated at $4,233,296, approximately $719 per square foot. 5502 5th Ave is a home located in Kings County with nearby schools including P.S. 503: The School of Discovery, IS 220 John J. Pershing, and Fort Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Fu Hua 888 Corp
Bought by
Phil Emily Real Estate Inc
Current Estimated Value
$4,233,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,501
Outstanding Balance
$39,061
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,194,235

Purchase Details

Closed on
Jul 22, 2019
Sold by
Sutton Realty Llc and %
Bought by
Fu Hua 888 Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,437
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2000
Sold by
Sutton Marc
Bought by
Sutton Realty Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Phil Emily Real Estate Inc $3,600,000 --
Phil Emily Real Estate Inc $3,600,000 --
Fu Hua 888 Corp $3,375,000 --
Fu Hua 888 Corp $3,375,000 --
Sutton Realty Llc -- Chicago Title
Sutton Realty Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phil Emily Real Estate Inc $43,501
Closed Phil Emily Real Estate Inc $43,501
Previous Owner Fu Hua 888 Corp $808,437
Source: Public Records

Tax History Compared to Growth

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
2024 $62,573 $572,850 $45,450 $527,400
2023 $45,847 $430,650 $45,450 $385,200
2022 $44,284 $411,750 $45,450 $366,300
2021 $39,022 $366,300 $45,450 $320,850
2020 $24,873 $476,550 $45,450 $431,100
2019 $45,542 $493,650 $45,450 $448,200
2018 $43,489 $472,050 $45,450 $426,600
2017 $40,574 $468,000 $22,500 $445,500
2016 $38,423 $437,850 $22,500 $415,350
2015 $11,396 $350,100 $22,500 $327,600
2014 $11,396 $339,750 $22,500 $317,250
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

5502 5th Ave, Brooklyn, NY

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