Seller's Agent in 2023
George Herrera
Keller Williams Landmark II
(718) 968-5538
2 in this area
158 Total Sales
563 E 55th St Brooklyn, NY 11203
East Flatbush NeighborhoodEstimated Value: $798,615 - $897,000
3
Beds
2.5
Baths
1,929
Sq Ft
$440/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Window Unit Cooling System
- Hot Water Heating System
- Property is near public transit
- Park
- 4-minute walk to Harry Maze Playground
About This Home
As of October 2023DO NOT DISTURB OCCUPANTS. Excellent opportunity with tons of potential. The property type is a desirable one: brick row-house with 18x38 footprint, on an 18x100 lot, with 3 bedrooms, 1 full bath, 2 half-baths, full above grade walk-out basement that opens to the private back yard, and an attached garage and private driveway in the front, allowing space for 2 vehicles, or your typical "mother-daughter" use. The property has R4 zoning, is fully built out at 1,929 square feet and has low taxes. 40-50 minutes to Manhattan via car or transit. B7, B8, B47 and B48 bus lines very nearby. Harry Maze playground one block over, grocery stores within a few blocks, and P.S. 244 and I.S. 285 within 1/2 mile. Also nearby are a gym, Target, Canarsie Park, and the Wyckoff House Museum. The property does require work, and therefore cash buyers -- or buyers with a 203k loan or private lending if they choose to use financing -- will be preferred. With a touch of vision and the right investment, this property holds incredible potential as a primary home or lucrative investment. Don't miss out on this exceptional opportunity to shape it into something truly special!
Last Agent to Sell the Property
Keller Williams Landmark II License #10401224259 Listed on: 05/31/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,492
Year Built
- Built in 1940
Lot Details
- 1,800 Sq Ft Lot
- Lot Dimensions are 18x100
- Zoning described as R4
Parking
- 1 Car Garage
- Private Parking
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 1,929 Sq Ft Home
- 2-Story Property
- Oven
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Walk-Out Basement
- Partial Basement
Location
- Property is near public transit
Schools
- Ps 244 Richard R Green Elementary School
- Is 285 Meyer Levin Middle School
- Brooklyn Theatre Arts High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Oil
Community Details
- Park
Listing and Financial Details
- Exclusions: Refrigerator
- Legal Lot and Block 79 / 4776
- Assessor Parcel Number 04776-0079
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 29, 2024
Sold by
Bought by
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
$760,000
Outstanding Balance
$741,531
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$106,623
Purchase Details
Listed on
May 31, 2023
Closed on
Oct 2, 2023
Sold by
Bought by
Seller's Agent
George Herrera
Keller Williams Landmark II
Buyer's Agent
Karma Ghale
Keller Williams Landmark II
List Price
$524,999
Sold Price
$500,000
Premium/Discount to List
-$24,999
-4.76%
Views
247
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.53%
Purchase Details
Closed on
Dec 30, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $800,000 | -- | ||
| $800,000 | -- | ||
| $800,000 | -- | ||
| $500,000 | -- | ||
| $500,000 | -- | ||
| $500,000 | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $760,000 | ||
| Closed | $760,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/04/2023 10/04/23 | Sold | $500,000 | -4.8% | $259 / Sq Ft |
| 07/11/2023 07/11/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | For Sale | $524,999 | -- | $272 / Sq Ft |
Source: OneKey® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,103 | $46,860 | $13,560 | $33,300 |
| 2025 | $5,757 | $40,140 | $13,560 | $26,580 |
| 2024 | $5,757 | $44,760 | $13,560 | $31,200 |
| 2023 | $5,432 | $48,720 | $13,560 | $35,160 |
| 2022 | $5,492 | $40,140 | $13,560 | $26,580 |
| 2021 | $5,648 | $33,660 | $13,560 | $20,100 |
| 2019 | $4,997 | $32,220 | $13,560 | $18,660 |
| 2018 | $4,594 | $22,536 | $8,377 | $14,159 |
| 2017 | $4,594 | $22,536 | $10,859 | $11,677 |
| 2016 | $4,373 | $22,366 | $12,389 | $9,977 |
| 2015 | $2,441 | $21,100 | $13,012 | $8,088 |
| 2014 | $2,441 | $19,906 | $14,357 | $5,549 |
Source: Public Records
Agents Affiliated with this Home
-
George Herrera
-
Daniel Akerman
Seller Co-Listing Agent in 2023
Daniel Akerman
Keller Williams Landmark II
(646) 624-9302
1 in this area
30 Total Sales
-
Karma Ghale
Buyer's Agent in 2023
Karma Ghale
Keller Williams Landmark II
(347) 846-1200
2 in this area
44 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3481652
APN: 04776-0079
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