NOT LISTED FOR SALE

555 56th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,430,000 - $1,729,000

-- Bed
-- Bath
3,270 Sq Ft
$481/Sq Ft Est. Value

About This Home

This home is located at 555 56th St, Brooklyn, NY 11220 and is currently estimated at $1,572,333, approximately $480 per square foot. 555 56th St 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
Feb 11, 2019
Sold by
Chan Lap On and Chen Yang Yi
Bought by
Chan Family Irrevocable Trust and Eldon Ka Fung Chan As Trustee
Current Estimated Value
$1,572,333

Purchase Details

Closed on
Sep 15, 2014
Sold by
Chen Yang Ying
Bought by
Chen Shike and Yang Ying Chen Irrevocable Trust

Purchase Details

Closed on
Apr 22, 1996
Sold by
Peng Song Yue and Li Cui Mei
Bought by
Chan Lap On and Chen Yang Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.81%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chan Family Irrevocable Trust -- --
Chan Family Irrevocable Trust -- --
Chen Shike -- --
Chen Shike -- --
Chan Lap On -- --
Chan Lap On -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Lap On $140,000
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 $9,462 $100,860 $29,880 $70,980
2024 $9,462 $94,020 $29,880 $64,140
2023 $9,095 $83,100 $29,880 $53,220
2022 $4,034 $85,860 $29,880 $55,980
2021 $4,239 $83,940 $29,880 $54,060
2020 $4,289 $86,040 $29,880 $56,160
2019 $4,106 $85,020 $29,880 $55,140
2018 $7,607 $37,318 $14,154 $23,164
2017 $7,237 $35,500 $13,801 $21,699
2016 $3,375 $33,768 $15,177 $18,591
2015 $1,535 $33,768 $16,126 $17,642
2014 $1,535 $28,837 $14,100 $14,737
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

555 56th St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes