NOT LISTED FOR SALE

1168 Madison St Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,161,000 - $1,311,000

5 Beds
2 Baths
2,850 Sq Ft
$430/Sq Ft Est. Value

About This Home

This home is located at 1168 Madison St, Brooklyn, NY 11221 and is currently estimated at $1,225,600, approximately $430 per square foot. 1168 Madison St is a home located in Kings County with nearby schools including J.H.S. 291 Roland Hayes, I.S. 349 The School of Math, Science and Technology, and Achievement First North Brooklyn Prep Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
Krystal Realty Llc
Bought by
Patel Hiren
Current Estimated Value
$1,225,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$739,140
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$486,460

Purchase Details

Closed on
Jul 3, 2018
Sold by
Mclaren Mavis
Bought by
Krystal Realty Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Patel Hiren $1,100,000 --
Krystal Realty Llc $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Hiren $825,000
Previous Owner Mclaren Mavis $938,250
Previous Owner Mclaren Mavis $660,000
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 $7,476 $66,840 $12,480 $54,360
2024 $7,476 $64,200 $12,480 $51,720
2023 $7,284 $71,640 $12,480 $59,160
2022 $6,755 $61,380 $12,480 $48,900
2021 $7,122 $57,300 $12,480 $44,820
2020 $3,292 $76,860 $12,480 $64,380
2019 $6,196 $76,860 $12,480 $64,380
2018 $5,795 $29,890 $7,025 $22,865
2017 $5,449 $28,200 $6,059 $22,141
2016 $5,328 $28,200 $8,181 $20,019
2015 $2,989 $27,399 $8,927 $18,472
2014 $2,989 $25,850 $8,700 $17,150
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bushwick

1168 Madison St, Brooklyn, NY

This home is located at 1168 Madison St, Brooklyn, NY 11221 and is currently estimated at $1,225,600, approximately $430 per square foot. 1168 Madison St is a home located in Kings County with nearby schools including J.H.S. 291 Roland Hayes, I.S. 349 The School of Math, Science and Technology, and Achievement First North Brooklyn Prep Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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