NOT LISTED FOR SALE

551 61st St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,247,000 - $1,589,000

Studio
-- Bath
2,432 Sq Ft
$591/Sq Ft Est. Value

About This Home

This home is located at 551 61st St, Brooklyn, NY 11220 and is currently estimated at $1,436,276, approximately $590 per square foot. 551 61st St is a home located in Kings County with nearby schools including P.S. 506: The School of Journalism & Technology, Junior High School 227 Edward B Shallow, and Fort Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2005
Sold by
Cheng Pik Chun
Bought by
Cheng Vienna Pui and Cheng Wai
Current Estimated Value
$1,436,276

Purchase Details

Closed on
Jul 20, 1999
Sold by
Dombroski Stephen
Bought by
Cheng Pik Chun and Cheng Wai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.86%
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Cheng Vienna Pui $54,000 --
Cheng Pik Chun $272,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng Pik Chun $150,000
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
2025 $8,066 $92,340 $20,220 $72,120
2024 $8,066 $84,720 $20,220 $64,500
2023 $8,092 $84,600 $20,220 $64,380
2022 $7,481 $74,100 $20,220 $53,880
2021 $7,430 $80,880 $20,220 $60,660
2020 $3,475 $98,100 $20,220 $77,880
2019 $6,952 $84,600 $20,220 $64,380
2018 $6,709 $34,370 $11,892 $22,478
2017 $6,310 $32,426 $10,338 $22,088
2016 $5,806 $30,593 $9,004 $21,589
2015 $3,690 $28,862 $10,324 $18,538
2014 $3,690 $28,862 $9,865 $18,997
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

551 61st St, Brooklyn, NY

Not Listed for Sale

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