NOT LISTED FOR SALE

Estimated Value: $1,814,630

-- Bed
-- Bath
2,000 Sq Ft
$907/Sq Ft Est. Value

About This Home

This home is located at 6116 5th Ave, Brooklyn, NY 11220 and is currently estimated at $1,814,630, approximately $907 per square foot. 6116 5th 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 15, 2024
Sold by
Sixty-One Sixteen Fifth Avenue Llc
Bought by
Gao Sze Llc
Current Estimated Value
$1,814,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$967,130
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$847,500

Purchase Details

Closed on
Aug 6, 2019
Sold by
Alex Zaharatos and Alex %
Bought by
Sixty-One Sixteen Fifth Avenue Llc

Purchase Details

Closed on
May 2, 2000
Sold by
Athineos Peter J
Bought by
Zaharatos Alex and Zaharatos Sousania
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
Gao Sze Llc $1,800,000 --
Gao Sze Llc $1,800,000 --
Sixty-One Sixteen Fifth Avenue Llc -- --
Sixty-One Sixteen Fifth Avenue Llc -- --
Zaharatos Alex $190,000 Title One
Zaharatos Alex $190,000 Title One
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Sze Llc $980,000
Closed Gao Sze Llc $980,000
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 $10,650 $79,680 $18,960 $60,720
2024 $10,650 $81,300 $18,960 $62,340
2023 $10,160 $83,760 $18,960 $64,800
2022 $9,074 $72,660 $18,960 $53,700
2021 $9,510 $70,380 $18,960 $51,420
2020 $9,510 $89,220 $18,960 $70,260
2019 $9,244 $89,220 $18,960 $70,260
2018 $8,867 $41,688 $10,632 $31,056
2017 $8,136 $39,912 $10,910 $29,002
2016 $7,528 $37,656 $11,887 $25,769
2015 $4,541 $37,656 $14,268 $23,388
2014 $4,541 $36,824 $16,743 $20,081
Source: Public Records

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