NOT LISTED FOR SALE

640 50th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,645,034

Studio
-- Bath
6,284 Sq Ft
$262/Sq Ft Est. Value

About This Home

This home is located at 640 50th St, Brooklyn, NY 11220 and is currently estimated at $1,645,034, approximately $261 per square foot. 640 50th 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 Our Lady Of Perpetual Help Catholic Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Chen Zhong Yong
Bought by
640 Chen Llc
Current Estimated Value
$1,645,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,730,000
Outstanding Balance
$1,536,945
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$108,089

Purchase Details

Closed on
Dec 26, 2006
Sold by
Flores Lucy Lopez and Lopez Marina
Bought by
Chen Zhong Yong

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
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 1998
Sold by
Lopez Marina
Bought by
Lopez Marina and Flores Lucy Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
640 Chen Llc -- --
640 Chen Llc -- --
640 Chen Llc -- --
Chen Zhong Yong $900,000 --
Chen Zhong Yong $900,000 --
Lopez Marina -- First American Title Ins Co
Lopez Marina -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 640 Chen Llc $1,730,000
Closed 640 Chen Llc $1,730,000
Previous Owner Chen Zhong Yong $630,000
Previous Owner Lopez Marina $90,000
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 $19,060 $520,650 $120,600 $400,050
2024 $19,060 $433,800 $120,600 $313,200
2023 $17,316 $402,750 $120,600 $282,150
2022 $12,953 $503,550 $120,600 $382,950
2021 $17,086 $592,650 $120,600 $472,050
2020 $5,876 $469,800 $120,600 $349,200
2019 $11,732 $437,850 $120,600 $317,250
2018 $5,920 $46,545 $11,669 $34,876
2017 $5,920 $46,545 $13,559 $32,986
2016 $5,814 $45,100 $15,616 $29,484
2015 $3,607 $41,761 $17,352 $24,409
2014 $3,607 $38,668 $16,502 $22,166
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

640 50th St, Brooklyn, NY

Not Listed for Sale

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