NOT LISTED FOR SALE

6018 7th Ave Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,687,141

-- Bed
-- Bath
5,095 Sq Ft
$331/Sq Ft Est. Value

About This Home

This home is located at 6018 7th Ave, Brooklyn, NY 11220 and is currently estimated at $1,687,141, approximately $331 per square foot. 6018 7th Ave is a home located in Kings County with nearby schools including P.S. 971 School of Math, Science, and Healthy Living, Junior High School 227 Edward B Shallow, and Fort Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2006
Sold by
Cho Chi Hong and Cho Chi Kong
Bought by
6018 7Th Ave Llc
Current Estimated Value
$1,687,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$373,748
Interest Rate
6.37%
Mortgage Type
Commercial
Estimated Equity
$1,313,393

Purchase Details

Closed on
Feb 20, 2001
Sold by
Cho Chi Kong
Bought by
Cho Chi Hong
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
6018 7Th Ave Llc $870,000 --
6018 7Th Ave Llc $870,000 --
Cho Chi Hong $150,000 First American Title Ins Co
Cho Chi Hong -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6018 7Th Ave Llc $650,000
Closed 6018 7Th Ave Llc $650,000
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 $15,699 $572,850 $128,700 $444,150
2024 $15,699 $537,480 $128,700 $408,780
2023 $13,794 $671,850 $128,700 $543,150
2022 $12,047 $660,150 $128,700 $531,450
2021 $11,159 $776,700 $128,700 $648,000
2020 $5,293 $628,560 $128,700 $499,860
2019 $10,134 $628,560 $128,700 $499,860
2018 $10,038 $115,703 $28,429 $87,274
2017 $9,570 $108,191 $28,155 $80,036
2016 $9,437 $102,423 $29,411 $73,012
2015 $6,934 $99,962 $31,109 $68,853
2014 $6,934 $94,272 $35,198 $59,074
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

6018 7th Ave, Brooklyn, NY

This home is located at 6018 7th Ave, Brooklyn, NY 11220 and is currently estimated at $1,687,141, approximately $331 per square foot. 6018 7th Ave is a home located in Kings County with nearby schools including P.S. 971 School of Math, Science, and Healthy Living, Junior High School 227 Edward B Shallow, and Fort Hamilton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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