5616 7th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $3,808,899
--
Bed
--
Bath
3,120
Sq Ft
$1,221/Sq Ft
Est. Value
About This Home
This home is located at 5616 7th Ave, Brooklyn, NY 11220 and is currently estimated at $3,808,899, approximately $1,220 per square foot. 5616 7th Ave is a home located in Kings County with nearby schools including P.S. 105 The Blythebourne, IS 220 John J. Pershing, and Fort Hamilton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 23, 2018
Sold by
5616 7Th Avenue Realty Llc
Bought by
5616 United Property Llc
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
$1,450,000
Outstanding Balance
$1,243,122
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,565,777
Purchase Details
Closed on
Apr 27, 2017
Sold by
Custodio John J and Custodio Lary M
Bought by
5616 7Th Avenue Realty Llc
Purchase Details
Closed on
Apr 1, 1996
Sold by
Custodio John and Custodio Frances
Bought by
Custodio John J and Custodio Larry M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 5616 United Property Llc | $2,930,000 | -- | |
| 5616 United Property Llc | $2,930,000 | -- | |
| 5616 7Th Avenue Realty Llc | -- | -- | |
| 5616 7Th Avenue Realty Llc | -- | -- | |
| Custodio John J | -- | Commonwealth Land Title Ins | |
| Custodio John J | -- | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 5616 United Property Llc | $1,450,000 | |
| Closed | 5616 United Property Llc | $1,450,000 |
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 | $12,569 | $97,620 | $14,400 | $83,220 |
| 2024 | $12,569 | $96,960 | $14,400 | $82,560 |
| 2023 | $12,244 | $96,780 | $14,400 | $82,380 |
| 2022 | $8,699 | $89,340 | $14,400 | $74,940 |
| 2021 | $9,435 | $78,840 | $14,400 | $64,440 |
| 2020 | $7,076 | $94,980 | $14,400 | $80,580 |
| 2019 | $8,953 | $99,960 | $14,400 | $85,560 |
| 2018 | $8,335 | $40,886 | $7,070 | $33,816 |
| 2017 | $7,963 | $39,063 | $7,239 | $31,824 |
| 2016 | $7,469 | $37,362 | $8,310 | $29,052 |
| 2015 | $4,225 | $35,913 | $9,534 | $26,379 |
| 2014 | $4,225 | $35,664 | $10,275 | $25,389 |
Source: Public Records
Map
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