NOT LISTED FOR SALE

616 55th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,601,000 - $1,786,015

-- Bed
-- Bath
2,870 Sq Ft
$587/Sq Ft Est. Value

About This Home

This home is located at 616 55th St, Brooklyn, NY 11220 and is currently estimated at $1,684,754, approximately $587 per square foot. 616 55th St is a home located in Kings County with nearby schools including P.S. 105 The Blythebourne, IS 220 John J. Pershing, and Fort Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2025
Sold by
Lin Li Ming and Lin Wei Qun
Bought by
Lin Wei Qun and Lin Wei Yi
Current Estimated Value
$1,684,754

Purchase Details

Closed on
Apr 25, 2005
Sold by
Venuto John
Bought by
Lin Li Ming and Lin Wei Qun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
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
Lin Wei Qun -- --
Lin Li Ming $800,000 --
Lin Li Ming $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Li Ming $500,000
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 $9,436 $110,460 $25,620 $84,840
2024 $9,436 $90,420 $25,620 $64,800
2023 $9,541 $87,240 $25,620 $61,620
2022 $9,286 $78,660 $25,620 $53,040
2021 $9,236 $78,600 $25,620 $52,980
2020 $4,331 $83,040 $25,620 $57,420
2019 $8,189 $79,980 $25,620 $54,360
2018 $7,980 $39,148 $9,845 $29,303
2017 $7,902 $38,764 $13,933 $24,831
2016 $7,311 $36,572 $14,419 $22,153
2015 $4,411 $34,503 $14,594 $19,909
2014 $4,411 $32,624 $16,538 $16,086
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

616 55th St, Brooklyn, NY

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