NOT LISTED FOR SALE

571 55th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,122,000 - $1,366,665

6 Beds
3 Baths
2,394 Sq Ft
$521/Sq Ft Est. Value

About This Home

This home is located at 571 55th St, Brooklyn, NY 11220 and is currently estimated at $1,248,416, approximately $521 per square foot. 571 55th St is a home located in Kings County with nearby schools including P.S. 94 The Henry Longfellow School, IS 220 John J. Pershing, and Leep Dual Language Academy Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2024
Sold by
Kui Miu Chun and Kui Miu-Chun
Bought by
Wang Shaoqing
Current Estimated Value
$1,248,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Outstanding Balance
$695,521
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$552,895
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Wang Shaoqing $1,100,000 --
Wang Shaoqing $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Shaoqing $705,000
Closed Wang Shaoqing $705,000
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 $7,397 $72,780 $21,720 $51,060
2024 $7,397 $69,600 $21,720 $47,880
2023 $7,479 $78,900 $21,720 $57,180
2022 $7,296 $64,560 $21,720 $42,840
2021 $7,256 $70,800 $21,720 $49,080
2019 $6,420 $65,460 $21,720 $43,740
2018 $6,256 $30,688 $10,154 $20,534
2017 $6,208 $30,455 $9,367 $21,088
2016 $5,744 $28,732 $10,937 $17,795
2015 $3,246 $27,108 $11,695 $15,413
2014 $3,246 $25,574 $12,481 $13,093
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

571 55th St, Brooklyn, NY

Not Listed for Sale

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