NOT LISTED FOR SALE

557 59th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,592,000 - $1,880,933

-- Bed
-- Bath
3,120 Sq Ft
$553/Sq Ft Est. Value

About This Home

This home is located at 557 59th St, Brooklyn, NY 11220 and is currently estimated at $1,723,983, approximately $552 per square foot. 557 59th St is a home located in Kings County with nearby schools including P.S. 506: The School of Journalism & Technology, IS 220 John J. Pershing, and Fort Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2011
Sold by
Draheim Michael
Bought by
Ni Ming Zhen and Ni Ziao Ping
Current Estimated Value
$1,723,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$335,421
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,388,562

Purchase Details

Closed on
Dec 10, 2001
Sold by
Draheim Michael
Bought by
Draheim Thomas and Draheim Michael
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

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
Ni Ming Zhen $975,000 --
Draheim Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ni Ming Zhen $490,000
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 $9,510 $95,100 $30,900 $64,200
2024 $9,510 $91,740 $30,900 $60,840
2023 $9,129 $98,820 $30,900 $67,920
2022 $8,966 $87,240 $30,900 $56,340
2021 $9,310 $87,480 $30,900 $56,580
2020 $4,357 $88,740 $30,900 $57,840
2019 $8,205 $84,180 $30,900 $53,280
2018 $7,576 $38,627 $19,755 $18,872
2017 $7,574 $38,627 $18,385 $20,242
2016 $7,361 $38,371 $17,739 $20,632
2015 $3,574 $36,500 $21,046 $15,454
2014 $3,574 $29,450 $16,795 $12,655
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

557 59th St, Brooklyn, NY

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