1278 Madison St Brooklyn, NY 11221
Bushwick NeighborhoodEstimated Value: $1,171,537 - $1,583,000
Studio
--
Bath
2,700
Sq Ft
$506/Sq Ft
Est. Value
About This Home
This home is located at 1278 Madison St, Brooklyn, NY 11221 and is currently estimated at $1,366,634, approximately $506 per square foot. 1278 Madison St is a home located in Kings County with nearby schools including P.S. 106 Edward Everett Hale, J.H.S. 291 Roland Hayes, and Achievement First North Brooklyn Prep Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 12, 2020
Sold by
Aguilar Victorino Garcia and Mejia Efren Aguilar
Bought by
Mejia Efren Aguilar and Mejia Fabiola
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
$408,000
Outstanding Balance
$360,170
Interest Rate
3.1%
Mortgage Type
Unknown
Estimated Equity
$1,006,464
Purchase Details
Closed on
Dec 10, 2008
Sold by
Burgos Castaniola
Bought by
Aguilar Victorino Garcia and Mejia Efren Aguilar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,661
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 9, 2005
Sold by
Martinez Belgica
Bought by
Burgos Castaniola and Dominguez Audy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 13, 2002
Sold by
Martinez Belgica
Bought by
Martinez Belgica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
6.61%
Purchase Details
Closed on
Jun 14, 1996
Sold by
Bnei Brak Inc
Bought by
Martinez Belgica and Pena Marisol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,900
Interest Rate
8.08%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 22, 1996
Sold by
Oci Mtg Corp
Bought by
Bnei Brak Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mejia Efren Aguilar | -- | -- | |
| Aguilar Victorino Garcia | $475,000 | -- | |
| Burgos Castaniola | $499,000 | -- | |
| Martinez Belgica | -- | -- | |
| Martinez Belgica | $166,000 | Commonwealth Land Title Ins | |
| Bnei Brak Inc | $28,000 | Ticor Title Guarantee Compan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mejia Efren Aguilar | $408,000 | |
| Previous Owner | Aguilar Victorino Garcia | $467,661 | |
| Previous Owner | Burgos Castaniola | $399,200 | |
| Previous Owner | Martinez Belgica | $201,000 | |
| Previous Owner | Martinez Belgica | $165,900 |
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 | $2,563 | $82,860 | $13,380 | $69,480 |
| 2024 | $2,563 | $72,420 | $13,380 | $59,040 |
| 2023 | $2,445 | $76,860 | $13,380 | $63,480 |
| 2022 | $2,268 | $61,260 | $13,380 | $47,880 |
| 2021 | $2,391 | $47,280 | $13,380 | $33,900 |
| 2020 | $1,179 | $54,960 | $13,380 | $41,580 |
| 2019 | $2,225 | $54,960 | $13,380 | $41,580 |
| 2018 | $2,045 | $10,034 | $2,380 | $7,654 |
| 2017 | $1,930 | $9,469 | $2,022 | $7,447 |
| 2016 | $1,893 | $9,469 | $2,636 | $6,833 |
| 2015 | $1,077 | $9,394 | $2,946 | $6,448 |
| 2014 | $1,077 | $8,863 | $3,337 | $5,526 |
Source: Public Records
Map
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