720 54th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $1,250,961 - $1,534,000
            
                5
                Beds
            
            
            
                2
                Baths
            
            
            
                2,000
                Sq Ft
            
            
                
                    $719/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 720 54th St, Brooklyn, NY 11220 and is currently estimated at $1,438,740, approximately $719 per square foot. 720 54th 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 Franklin Delano Roosevelt High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Apr 19, 2019
            
        
                Sold by
            
            
                Cao Shimin and Li Suzhen
            
        
                Bought by
            
            
                Wu Chen Zhu and Wu Ye Xian
            
        
                            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
            
            
                $438,710
            
        
                Interest Rate
            
            
                4.3%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
                Estimated Equity
            
            
                $1,000,030
            
        Purchase Details
                Closed on
            
            
                Mar 3, 2015
            
        
                Sold by
            
            
                Au Wai Cheong
            
        
                Bought by
            
            
                Cao Shimin and Li Suzhen
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $390,000
            
        
                Interest Rate
            
            
                3.6%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Dec 29, 2013
            
        
                Sold by
            
            
                Au Kwun Choi and Au Lauren
            
        
                Bought by
            
            
                Au Daniel and Au Kelly
            
        Purchase Details
                Closed on
            
            
                Mar 16, 2009
            
        
                Sold by
            
            
                Au Kwun Choi and Au Wai Cheong
            
        
                Bought by
            
            
                Au Kwun Choi and Au Lauren
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Wu Chen Zhu | $950,000 | -- | |
| Cao Shimin | $650,000 | -- | |
| Au Daniel | -- | -- | |
| Au Kwun Choi | -- | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Wu Chen Zhu | $499,000 | |
| Previous Owner | Cao Shimin | $390,000 | 
                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 | $6,447 | $80,760 | $21,120 | $59,640 | 
| 2024 | $6,447 | $94,980 | $21,120 | $73,860 | 
| 2023 | $6,156 | $97,620 | $21,120 | $76,500 | 
| 2022 | $4,286 | $89,820 | $21,120 | $68,700 | 
| 2021 | $5,685 | $71,400 | $21,120 | $50,280 | 
| 2020 | $2,824 | $86,580 | $21,120 | $65,460 | 
| 2019 | $5,596 | $92,940 | $21,120 | $71,820 | 
| 2018 | $4,863 | $25,258 | $6,332 | $18,926 | 
| 2017 | $4,863 | $23,856 | $9,435 | $14,421 | 
| 2016 | $4,500 | $22,510 | $8,358 | $14,152 | 
| 2015 | $2,714 | $22,492 | $10,596 | $11,896 | 
                Source: Public Records
                    
            
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