481 Madison St Brooklyn, NY 11221
Bed-Stuy NeighborhoodEstimated Value: $1,596,000 - $3,582,000
Studio
--
Bath
3,600
Sq Ft
$723/Sq Ft
Est. Value
About This Home
This home is located at 481 Madison St, Brooklyn, NY 11221 and is currently estimated at $2,604,007, approximately $723 per square foot. 481 Madison St is a home located in Kings County with nearby schools including P.S. 308 Clara Cardwell, Unity Preparatory Charter School of Brooklyn, and The Co-Op School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 12, 2024
Sold by
Williams Barbara
Bought by
Cypridge Llc
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
$600,000
Outstanding Balance
$592,088
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,011,919
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cypridge Llc | $1,600,000 | -- | |
| Cypridge Llc | $1,600,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cypridge Llc | $600,000 | |
| Closed | Cypridge Llc | $600,000 |
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 | $4,130 | $111,660 | $22,980 | $88,680 |
| 2024 | $4,130 | $101,280 | $22,980 | $78,300 |
| 2023 | $4,012 | $106,200 | $22,980 | $83,220 |
| 2022 | $3,675 | $89,340 | $22,980 | $66,360 |
| 2021 | $3,653 | $83,040 | $22,980 | $60,060 |
| 2019 | $3,588 | $73,620 | $22,980 | $50,640 |
| 2018 | $3,248 | $19,166 | $4,669 | $14,497 |
| 2017 | $3,042 | $18,093 | $5,794 | $12,299 |
| 2016 | $2,793 | $17,076 | $7,365 | $9,711 |
| 2015 | $1,839 | $17,067 | $8,888 | $8,179 |
| 2014 | $1,839 | $16,920 | $10,569 | $6,351 |
Source: Public Records
Map
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