NOT LISTED FOR SALE

262 Palmetto St Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,119,000 - $1,315,000

6 Beds
3 Baths
2,040 Sq Ft
$592/Sq Ft Est. Value

About This Home

This home is located at 262 Palmetto St, Brooklyn, NY 11221 and is currently estimated at $1,207,342, approximately $591 per square foot. 262 Palmetto 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
Jan 19, 2017
Sold by
262 Palmetto Llc
Bought by
Wu Shane
Current Estimated Value
$1,222,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$459,766
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$747,576

Purchase Details

Closed on
Oct 28, 2014
Sold by
Ramos Jose David
Bought by
262 Palmetto Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2005
Sold by
Griffith Kenneth L and Griffith Patsy
Bought by
Cruz Miriam and Toribio Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,280
Interest Rate
5.7%

Purchase Details

Closed on
Apr 19, 2000
Sold by
Griffith Kenneth L
Bought by
Griffith Kenneth L and Griffith Patsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,500
Interest Rate
8.5%

Purchase Details

Closed on
Jan 8, 1998
Sold by
Griffith Kenneth L
Bought by
Griffith Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.93%
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
Wu Shane $870,000 --
Wu Shane $870,000 --
Wu Shane $870,000 --
262 Palmetto Llc $400,000 --
262 Palmetto Llc $400,000 --
Cruz Miriam $466,400 --
Cruz Miriam $466,400 --
Griffith Kenneth L -- L I Title
Griffith Kenneth L -- L I Title
Griffith Kenneth L -- --
Griffith Kenneth L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Shane $560,000
Closed Wu Shane $560,000
Previous Owner 262 Palmetto Llc $325,000
Previous Owner Cruz Miriam $93,280
Previous Owner Cruz Miriam $373,120
Previous Owner Griffith Kenneth L $170,500
Previous Owner Griffith Kenneth L $157,500
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 $2,331 $82,140 $10,860 $71,280
2024 $2,331 $76,680 $10,860 $65,820
2023 $2,226 $72,180 $10,860 $61,320
2022 $2,066 $79,080 $10,860 $68,220
2021 $2,058 $67,980 $10,860 $57,120
2020 $1,021 $77,520 $10,860 $66,660
2019 $2,023 $70,920 $10,860 $60,060
2018 $1,862 $9,134 $1,301 $7,833
2017 $1,758 $8,626 $1,731 $6,895
2016 $1,629 $8,150 $2,208 $5,942
2015 $982 $8,133 $2,481 $5,652
2014 $982 $8,060 $2,514 $5,546
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bushwick

262 Palmetto St, Brooklyn, NY

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