616 48th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,230,171 - $1,410,000
Studio
--
Bath
1,824
Sq Ft
$726/Sq Ft
Est. Value
About This Home
This home is located at 616 48th St, Brooklyn, NY 11220 and is currently estimated at $1,323,543, approximately $725 per square foot. 616 48th 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
Jul 11, 2022
Sold by
Zheng Xiu Ling
Bought by
Zhang Kevin
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
$630,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 2, 2004
Sold by
Wang Meng Jin
Bought by
Zheng Xiu Ling
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,900
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 15, 1997
Sold by
Boyd James Robert
Bought by
Wang Meng Jin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.31%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Kevin | -- | -- | |
| Zheng Xiu Ling | $457,000 | -- | |
| Wang Meng Jin | $202,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zhang Kevin | $630,000 | |
| Previous Owner | Zheng Xiu Ling | $319,900 | |
| Previous Owner | Wang Meng Jin | $140,000 |
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 | $7,426 | $69,360 | $24,960 | $44,400 |
| 2024 | $7,426 | $72,660 | $24,960 | $47,700 |
| 2023 | $7,358 | $87,600 | $24,960 | $62,640 |
| 2022 | $6,536 | $79,860 | $24,960 | $54,900 |
| 2021 | $6,490 | $72,480 | $24,960 | $47,520 |
| 2020 | $3,225 | $76,080 | $24,960 | $51,120 |
| 2019 | $6,153 | $67,680 | $24,960 | $42,720 |
| 2018 | $5,857 | $30,190 | $11,163 | $19,027 |
| 2017 | $5,507 | $28,483 | $12,592 | $15,891 |
| 2016 | $5,062 | $26,872 | $10,181 | $16,691 |
| 2015 | $3,021 | $26,872 | $12,642 | $14,230 |
| 2014 | $3,021 | $25,677 | $14,502 | $11,175 |
Source: Public Records
Map
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