NOT LISTED FOR SALE

Estimated Value: $1,792,000 - $2,691,000

-- Bed
-- Bath
2,000 Sq Ft
$1,113/Sq Ft Est. Value

About This Home

This home is located at 562 Prospect Ave, Brooklyn, NY 11215 and is currently estimated at $2,225,491, approximately $1,112 per square foot. 562 Prospect Ave is a home located in Kings County with nearby schools including P.S. 154 The Windsor Terrace School, Brooklyn Urban Garden Charter School, and St. Joseph the Worker Catholic Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2024
Sold by
Mchugh Patricia and Mchugh Seamus
Bought by
562 Prospect Llc
Current Estimated Value
$2,225,491

Purchase Details

Closed on
Sep 7, 2012
Sold by
Mchugh Seamus
Bought by
Mchugh Patricia and Mchugh Seamus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,065
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2002
Sold by
Mchugh Nuala M and Mchugh Sean M
Bought by
Mchugh Seamus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1999
Sold by
Mchugh Nuala M
Bought by
Mchugh Nuala M and Mchugh Sean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,800
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
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
562 Prospect Llc -- --
562 Prospect Llc -- --
Mchugh Patricia -- --
Mchugh Patricia -- --
Mchugh Seamus -- --
Mchugh Seamus -- --
Mchugh Nuala M -- --
Mchugh Nuala M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mchugh Patricia $60,065
Previous Owner Mchugh Seamus $350,000
Previous Owner Mchugh Nuala M $307,500
Previous Owner Mchugh Nuala M $285,000
Previous Owner Mchugh Nuala M $169,800
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 $7,225 $135,600 $28,200 $107,400
2024 $7,225 $135,960 $28,200 $107,760
2023 $6,898 $120,180 $28,200 $91,980
2022 $6,401 $109,320 $28,200 $81,120
2021 $6,372 $111,000 $28,200 $82,800
2020 $3,167 $105,360 $28,200 $77,160
2019 $6,271 $116,520 $28,200 $88,320
2018 $5,770 $28,305 $7,031 $21,274
2017 $5,447 $26,722 $6,789 $19,933
2016 $5,044 $25,230 $6,918 $18,312
2015 $2,821 $25,230 $9,002 $16,228
2014 $2,821 $24,980 $9,871 $15,109
Source: Public Records

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