NOT LISTED FOR SALE

Estimated Value: $2,277,000 - $2,991,000

-- Bed
-- Bath
2,312 Sq Ft
$1,148/Sq Ft Est. Value

About This Home

This home is located at 551 Saint Marks Ave, Brooklyn, NY 11216 and is currently estimated at $2,653,915, approximately $1,147 per square foot. 551 Saint Marks Ave is a home located in Kings County with nearby schools including Brooklyn Arts and Science Elementary School, Ebbets Field Middle School, and Explore Exceed Charter Lower School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2022
Sold by
Yarimkaya Cezmi and Yarimkaya Danielle
Bought by
Eva Ivanna Kassel Hoffman As Trustee and The Eva Ivanna Kassel Hoffman 2021 Revoc
Current Estimated Value
$2,653,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,072
Outstanding Balance
$319,010
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,212,574

Purchase Details

Closed on
Nov 14, 2019
Sold by
551 Bricks Llc
Bought by
Yarimkaya Cezmi and Yarimkaya Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2018
Sold by
Series 2006-Ff14 and The First Franklin Mortgage Loan Trust 2
Bought by
551 Bricks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2016
Sold by
Krohn Paul Esq
Bought by
First Franklin Mortgage Loan Trust 2006- and Mortgage Pass-Through Certificates Serie

Purchase Details

Closed on
Jul 7, 2006
Sold by
Baylor Michael D
Bought by
Cantey Matha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2005
Sold by
Rozario Elveriene
Bought by
Baylor Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.54%

Purchase Details

Closed on
Jun 10, 2004
Sold by
Blanding Jesse
Bought by
Rozario Elveriene
Source: Public Records

Range of Values:

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

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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
Eva Ivanna Kassel Hoffman As Trustee $2,800,000 --
Yarimkaya Cezmi $2,399,000 --
551 Bricks Llc $925,000 --
First Franklin Mortgage Loan Trust 2006- $1,266,697 --
Cantey Matha $750,000 --
Cantey Matha $750,000 --
Baylor Michael D $700,000 --
Baylor Michael D $700,000 --
Rozario Elveriene $440,000 --
Rozario Elveriene $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eva Ivanna Kassel Hoffman As Trustee $341,072
Previous Owner Yarimkaya Cezmi $474,000
Previous Owner 551 Bricks Llc $875,000
Previous Owner 551 Bricks Llc $250,000
Previous Owner Cantey Matha $200,000
Previous Owner Cantey Matha $150,000
Previous Owner Cantey Matha $600,000
Previous Owner Baylor Michael D $70,000
Previous Owner Baylor Michael D $560,000
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 $5,350 $132,720 $18,600 $114,120
2024 $5,350 $104,820 $18,600 $86,220
2023 $5,410 $92,640 $18,600 $74,040
2022 $3,977 $75,840 $18,600 $57,240
2021 $5,478 $83,160 $18,600 $64,560
2020 $862 $80,160 $18,600 $61,560
2019 $1,665 $88,680 $18,600 $70,080
2018 $1,623 $7,960 $1,446 $6,514
2017 $1,610 $7,899 $1,776 $6,123
2016 $1,490 $7,453 $2,169 $5,284
2015 $899 $7,032 $2,446 $4,586
2014 $899 $6,634 $2,769 $3,865
Source: Public Records

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