NOT LISTED FOR SALE

241 Franklin Ave Brooklyn, NY 11205

Bed-Stuy Neighborhood

Estimated Value: $2,252,000 - $4,089,000

-- Bed
-- Bath
5,420 Sq Ft
$570/Sq Ft Est. Value

About This Home

This home is located at 241 Franklin Ave, Brooklyn, NY 11205 and is currently estimated at $3,088,667, approximately $569 per square foot. 241 Franklin Ave is a home located in Kings County with nearby schools including P.S. 54 - Samuel C. Barnes, Community Partnership Charter School - Elementary School, and Bnos Square of Williamsburg.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2024
Sold by
241 Franklin Llc
Bought by
Lowy Shulem
Current Estimated Value
$2,920,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,080,597
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,008,070

Purchase Details

Closed on
Apr 11, 2013
Sold by
Henry Leroy
Bought by
241 Franklin Llc

Purchase Details

Closed on
May 1, 1996
Sold by
Henry Loraine
Bought by
Henry Leroy
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
Lowy Shulem -- --
Lowy Shulem -- --
241 Franklin Llc $200,000 --
241 Franklin Llc $200,000 --
Henry Leroy -- American Title Insurance Co
Henry Leroy -- American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowy Shulem $1,100,000
Closed Lowy Shulem $1,100,000
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 $17,570 $105,570 $15,120 $90,450
2024 $17,570 $87,480 $15,120 $72,360
2023 $3,071 $15,120 $15,120 $0
2022 $2,768 $14,640 $14,640 $0
2021 $3,000 $14,340 $14,340 $0
2020 $3,191 $15,120 $15,120 $0
2019 $2,975 $14,220 $14,220 $0
2018 $2,960 $14,520 $14,520 $0
2017 $3,694 $18,120 $18,120 $0
2016 $3,622 $18,120 $18,120 $0
2015 $8,241 $17,426 $17,426 $0
2014 $8,241 $16,440 $16,440 $0
Source: Public Records

Map

New York Kings County Brooklyn 11205 Bed-Stuy

241 Franklin Ave, Brooklyn, NY

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