572 Bay Ridge Ave Brooklyn, NY 11220
Bay Ridge NeighborhoodEstimated Value: $839,000 - $1,254,000
--
Bed
--
Bath
1,184
Sq Ft
$907/Sq Ft
Est. Value
About This Home
This home is located at 572 Bay Ridge Ave, Brooklyn, NY 11220 and is currently estimated at $1,074,415, approximately $907 per square foot. 572 Bay Ridge Ave is a home located in Kings County with nearby schools including P.S./I.S. 30 - The Mary White Ovington School, Fort Hamilton High School, and Lutheran Elementary School Of Bay Ridge.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 19, 2021
Sold by
Moharrem Ahmed and Moharrem Sara
Bought by
Moharrem Ahmed and Moharrem Sara
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
$433,732
Outstanding Balance
$394,397
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$680,018
Purchase Details
Closed on
Dec 14, 2011
Sold by
Bakke Steven
Bought by
Moharrem Ahmed and Moharrem Sara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,125
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 11, 2001
Sold by
Johnson Edith
Bought by
Bakke Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.08%
Purchase Details
Closed on
Sep 16, 1994
Sold by
Johnson Edith
Bought by
Johnson Edith and Jonasson Jon O
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Moharrem Ahmed | -- | -- | |
Moharrem Ahmed | -- | -- | |
Moharrem Ahmed | $625,000 | -- | |
Moharrem Ahmed | $625,000 | -- | |
Bakke Steven | $160,000 | Commonwealth Land Title Ins | |
Bakke Steven | $160,000 | Commonwealth Land Title Ins | |
Johnson Edith | -- | -- | |
Johnson Edith | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Moharrem Ahmed | $433,732 | |
Closed | Moharrem Ahmed | $433,732 | |
Closed | Moharrem Ahmed | $568,125 | |
Previous Owner | Bakke Steven | $25,000 | |
Previous Owner | Bakke Steven | $144,000 |
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 | $7,081 | $52,980 | $11,040 | $41,940 |
2024 | $7,081 | $50,820 | $11,040 | $39,780 |
2023 | $6,810 | $44,640 | $11,040 | $33,600 |
2022 | $6,351 | $46,320 | $11,040 | $35,280 |
2021 | $6,695 | $50,820 | $11,040 | $39,780 |
2020 | $6,531 | $52,140 | $11,040 | $41,100 |
2019 | $6,146 | $52,140 | $11,040 | $41,100 |
Source: Public Records
Map
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