618 47th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,198,274 - $1,697,000
Studio
--
Bath
1,970
Sq Ft
$720/Sq Ft
Est. Value
About This Home
This home is located at 618 47th St, Brooklyn, NY 11220 and is currently estimated at $1,417,819, approximately $719 per square foot. 618 47th St is a home located in Kings County with nearby schools including P.S. 169 Sunset Park, IS 220 John J. Pershing, and Leep Dual Language Academy Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2024
Sold by
Juan And Margarita Estrella Trust and Juan Estrella As Lifetime
Bought by
Chin Nicole Garmin and Li Alex
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
$499,000
Outstanding Balance
$492,895
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$924,924
Purchase Details
Closed on
Jul 23, 2007
Sold by
612 W 47 Llc
Bought by
612-618 West 47Th Street Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chin Nicole Garmin | $1,160,000 | -- | |
| Chin Nicole Garmin | $1,160,000 | -- | |
| 612-618 West 47Th Street Partners Llc | $3,000,000 | -- | |
| 612-618 West 47Th Street Partners Llc | $3,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chin Nicole Garmin | $499,000 | |
| Closed | Chin Nicole Garmin | $499,000 | |
| Previous Owner | 612-618 West 47Th Street Partners Llc | $3,750,000 |
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 | $7,664 | $94,260 | $26,760 | $67,500 |
| 2024 | $7,664 | $92,880 | $26,760 | $66,120 |
| 2023 | $7,750 | $96,900 | $26,760 | $70,140 |
| 2022 | $7,524 | $87,720 | $26,760 | $60,960 |
| 2021 | $7,484 | $82,260 | $26,760 | $55,500 |
| 2020 | $3,517 | $74,340 | $26,760 | $47,580 |
| 2019 | $6,652 | $72,900 | $26,760 | $46,140 |
| 2018 | $6,482 | $31,798 | $12,799 | $18,999 |
| 2017 | $6,403 | $31,408 | $11,278 | $20,130 |
| 2016 | $5,924 | $29,635 | $12,996 | $16,639 |
| 2015 | $3,574 | $28,016 | $15,223 | $12,793 |
| 2014 | $3,574 | $26,499 | $16,604 | $9,895 |
Source: Public Records
Map
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