5615 5th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,969,382
--
Bed
--
Bath
3,000
Sq Ft
$656/Sq Ft
Est. Value
About This Home
This home is located at 5615 5th Ave, Brooklyn, NY 11220 and is currently estimated at $1,969,382, approximately $656 per square foot. 5615 5th Ave 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
Sep 29, 2010
Sold by
Place Margaret and Sparano Edward
Bought by
M A P I S Inc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.22%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 30, 2009
Sold by
Edward Sparano Trustee Edward Sparano Tr and Janet Warnock Trustee Edward Sparano Tru
Bought by
Place Margaret and Sparano Edward
Purchase Details
Closed on
Dec 13, 2005
Sold by
Edward Sparano Co-Trustee
Bought by
Edward Sparano Trustee
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| M A P I S Inc | $1,000,000 | -- | |
| M A P I S Inc | $1,000,000 | -- | |
| Place Margaret | -- | -- | |
| Place Margaret | -- | -- | |
| Place Margaret | -- | -- | |
| Edward Sparano Trustee | -- | -- | |
| Edward Sparano Trustee | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | M A P I S Inc | $700,000 |
Source: Public Records
Tax History Compared to Growth
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 | $17,667 | $99,420 | $23,160 | $76,260 |
| 2024 | $17,667 | $87,960 | $23,160 | $64,800 |
| 2023 | $16,950 | $90,060 | $23,160 | $66,900 |
| 2022 | $15,718 | $80,460 | $23,160 | $57,300 |
| 2021 | $15,632 | $74,280 | $23,160 | $51,120 |
| 2020 | $9,359 | $89,460 | $23,160 | $66,300 |
| 2019 | $18,333 | $94,140 | $23,160 | $70,980 |
| 2018 | $17,335 | $82,680 | $22,894 | $59,786 |
| 2017 | $15,900 | $78,000 | $23,160 | $54,840 |
| 2016 | $11,681 | $121,500 | $15,750 | $105,750 |
| 2015 | $5,407 | $121,950 | $15,750 | $106,200 |
| 2014 | $5,407 | $113,400 | $15,750 | $97,650 |
Source: Public Records
Map
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