NOT LISTED FOR SALE

Estimated 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
$1,366,634

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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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
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

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 $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

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