Seller's Agent in 2022
Kelly Wu
RE/MAX Edge
(917) 345-6368
9 in this area
208 Total Sales
951 55th St Brooklyn, NY 11219
Borough Park NeighborhoodEstimated Value: $1,406,000 - $1,537,000
6
Beds
3
Baths
1,630
Sq Ft
$899/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Heating System Uses Steam
- 4-minute walk to Rappaport Playground
- P.S. 160 William T Sampson School Rated A-
- Back Yard
About This Home
As of October 2022Attention Builders and Investors!!! A block away from super busy location 8th Ave business district of Sunset Park. Attached 2 family brick house; 2 stories and finished basement with separate entrance. The first floor and the second floor both feature 3 bedrooms with 1 full bathroom, kitchen, living room, and dining room. Building size: 20×42,Lot size: 20×100. Zoning R6. Annual property tax $7,237. Usable floor area as built 1622 Sq Ft. Residential FAR 2.43 which is 4,867 Sq Ft. Facility FAR 4.8 which is 9,600 Sq Ft. Please confirm with your architect for the allowable residential and facility FAR. Near N train Fort Hamilton Pkwy and 8 Ave station. Short distance away from school, supermarket, restaurants, pharmacy, and gyms. Convenient to all. The house is currently vacant and convenient to show.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,237
Year Built
- Built in 1910
Lot Details
- 2,003 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Asphalt Roof
Interior Spaces
- 1,630 Sq Ft Home
- 2-Story Property
- Stove
- Finished Basement
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 5673
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2022
Closed on
Oct 24, 2022
Sold by
Chan Fion Seng-Fong and Chan Ida San
Bought by
951 Z & W Llc
Seller's Agent
Kelly Wu
RE/MAX Edge
Buyer's Agent
Kelly Wu
RE/MAX Edge
Sold Price
$1,200,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,788
Avg. Annual Appreciation
7.30%
Original Mortgage
$530,000
Outstanding Balance
$513,353
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$952,435
Purchase Details
Closed on
Jun 11, 1998
Sold by
Chan Sio Hei
Bought by
Chan Fion Seng Fong and Chan Ida San In
Purchase Details
Closed on
Jan 22, 1997
Sold by
Anderson Richard L
Bought by
Chan Sio Hei and Chan Siu Kei Ng
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.78%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 951 Z & W Llc | $1,200,000 | -- | |
| Chan Fion Seng Fong | -- | -- | |
| Chan Sio Hei | $170,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 951 Z & W Llc | $530,000 | |
| Previous Owner | Chan Sio Hei | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/24/2022 10/24/22 | Sold | $1,200,000 | -- | $736 / Sq Ft |
| 03/31/2022 03/31/22 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
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 | $8,085 | $77,940 | $27,120 | $50,820 |
| 2024 | $8,085 | $74,520 | $27,120 | $47,400 |
| 2023 | $7,712 | $77,640 | $28,260 | $49,380 |
| 2022 | $7,581 | $74,280 | $28,260 | $46,020 |
| 2021 | $7,630 | $75,780 | $28,260 | $47,520 |
| 2020 | $5,723 | $73,260 | $28,260 | $45,000 |
| 2019 | $7,017 | $59,280 | $28,260 | $31,020 |
| 2018 | $6,451 | $31,646 | $12,589 | $19,057 |
| 2017 | $6,451 | $31,646 | $11,326 | $20,320 |
| 2016 | $6,040 | $30,213 | $12,070 | $18,143 |
| 2015 | $3,601 | $29,565 | $13,781 | $15,784 |
| 2014 | $3,601 | $27,954 | $15,570 | $12,384 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Wu
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 460379
APN: 05673-0069
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