NOT LISTED FOR SALE

561 E 55th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $736,000 - $821,000

4 Beds
1 Bath
1,929 Sq Ft
$398/Sq Ft Est. Value

About This Home

This home is located at 561 E 55th St, Brooklyn, NY 11203 and is currently estimated at $768,530, approximately $398 per square foot. 561 E 55th St is a home located in Kings County with nearby schools including Ps 244 Richard R Green, I.S. 285 Meyer Levin, and Ivy Hill Preparatory Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
Adams Gail and Adams Justin
Bought by
Adams Justin O and Adams Osmond G
Current Estimated Value
$768,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$492,232
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$276,298

Purchase Details

Closed on
Jan 22, 2016
Sold by
Woodard Charles H and Woodard Deceased
Bought by
Adams Gail and Adams Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,428
Interest Rate
3.98%
Mortgage Type
New Conventional
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
Adams Justin O $109,000 --
Adams Gail $418,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Justin O $500,000
Closed Adams Gail $410,428
Previous Owner Woodard Charles H $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 $6,236 $40,020 $13,200 $26,820
2024 $6,236 $42,180 $13,200 $28,980
2023 $5,949 $46,680 $13,200 $33,480
2022 $5,603 $37,980 $13,200 $24,780
2021 $5,907 $32,460 $13,200 $19,260
2020 $4,430 $31,920 $13,200 $18,720
2019 $5,412 $30,840 $13,200 $17,640
2018 $4,976 $24,408 $8,832 $15,576
2017 $4,768 $23,389 $8,796 $14,593
2016 $4,366 $23,389 $11,883 $11,506
2015 $2,441 $22,853 $13,436 $9,417
2014 $2,441 $21,560 $13,454 $8,106
Source: Public Records

Map

New York Kings County Brooklyn 11203 East Flatbush

561 E 55th St, Brooklyn, NY

This home is located at 561 E 55th St, Brooklyn, NY 11203 and is currently estimated at $768,530, approximately $398 per square foot. 561 E 55th St is a home located in Kings County with nearby schools including Ps 244 Richard R Green, I.S. 285 Meyer Levin, and Ivy Hill Preparatory Charter School.

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.

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