NOT LISTED FOR SALE

8314 5th Ave Brooklyn, NY 11209

Bay Ridge Neighborhood

Estimated Value: $2,234,482

-- Bed
-- Bath
3,728 Sq Ft
$599/Sq Ft Est. Value

About This Home

This home is located at 8314 5th Ave, Brooklyn, NY 11209 and is currently estimated at $2,234,482, approximately $599 per square foot. 8314 5th Ave is a home located in Kings County with nearby schools including P.S. 127 McKinley Park, IS 201 Madeleine Brennan Intermediate School, and Fort Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2015
Sold by
8314 Fifth Ave Realty Corp
Bought by
Chun Kwok Cheung Irrevocable Trust and Sit Kwan Cheung Irrevocable Trust
Current Estimated Value
$2,234,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$542,377
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$1,747,114
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
Chun Kwok Cheung Irrevocable Trust $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chun Kwok Cheung Irrevocable Trust $700,000
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 $10,755 $106,440 $19,380 $87,060
2024 $10,755 $101,400 $19,380 $82,020
2023 $10,388 $109,800 $19,380 $90,420
2022 $10,090 $95,400 $19,380 $76,020
2021 $10,435 $86,940 $19,380 $67,560
2020 $7,826 $92,760 $19,380 $73,380
2019 $9,334 $92,280 $19,380 $72,900
2018 $9,780 $42,624 $10,739 $31,885
2017 $8,586 $42,120 $11,375 $30,745
2016 $8,260 $41,320 $13,214 $28,106
2015 -- $38,983 $14,779 $24,204
2014 -- $37,185 $16,916 $20,269
Source: Public Records

Map

New York Kings County Brooklyn 11209 Bay Ridge

8314 5th Ave, Brooklyn, NY

This home is located at 8314 5th Ave, Brooklyn, NY 11209 and is currently estimated at $2,234,482, approximately $599 per square foot. 8314 5th Ave is a home located in Kings County with nearby schools including P.S. 127 McKinley Park, IS 201 Madeleine Brennan Intermediate School, and Fort Hamilton High School.

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