487 Madison St Brooklyn, NY 11221
Bed-Stuy NeighborhoodEstimated Value: $1,613,602 - $2,095,000
Studio
--
Bath
3,024
Sq Ft
$600/Sq Ft
Est. Value
About This Home
This home is located at 487 Madison St, Brooklyn, NY 11221 and is currently estimated at $1,815,651, approximately $600 per square foot. 487 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
Jan 28, 2005
Sold by
Rock Realty Usa Inc
Bought by
Ogg Nicole and Reynoso Jose A
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
$722,000
Outstanding Balance
$363,983
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,451,668
Purchase Details
Closed on
Jan 22, 1998
Sold by
Austin Cynthia
Bought by
Austin Cynthia
Purchase Details
Closed on
May 8, 1996
Sold by
Gunther Steven
Bought by
Austin Cynthia and Gant Loretta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
8.21%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Ogg Nicole | $760,000 | -- | |
| Ogg Nicole | $760,000 | -- | |
| Austin Cynthia | -- | -- | |
| Austin Cynthia | -- | -- | |
| Austin Cynthia | $215,000 | -- | |
| Austin Cynthia | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ogg Nicole | $722,000 | |
| Closed | Ogg Nicole | $722,000 | |
| Previous Owner | Austin Cynthia | $209,600 |
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 | $4,936 | $99,660 | $17,520 | $82,140 |
| 2024 | $4,936 | $99,660 | $17,520 | $82,140 |
| 2023 | $4,715 | $104,400 | $17,520 | $86,880 |
| 2022 | $4,377 | $100,740 | $17,520 | $83,220 |
| 2021 | $4,358 | $98,340 | $17,520 | $80,820 |
| 2020 | $2,164 | $82,200 | $17,520 | $64,680 |
| 2019 | $4,284 | $73,080 | $17,520 | $55,560 |
| 2018 | $3,944 | $19,347 | $3,909 | $15,438 |
| 2017 | $3,724 | $18,270 | $5,057 | $13,213 |
| 2016 | $3,450 | $17,256 | $5,501 | $11,755 |
| 2015 | $2,079 | $17,241 | $7,673 | $9,568 |
| 2014 | $2,079 | $17,067 | $9,110 | $7,957 |
Source: Public Records
Map
Nearby Homes
- 475 Madison St
- 490A Monroe St
- 583 Putnam Ave Unit 4
- 583 Putnam Ave Unit 3
- 514 Monroe St
- 621 Putnam Ave
- 521 Monroe St
- 582 Quincy St
- 482 Jefferson Ave Unit TWNHSE
- 482 Jefferson Ave
- 470 Jefferson Ave
- 479 Hancock St
- 487 Hancock St
- 493 Hancock St
- 667 Putnam Ave Unit 1
- 577 Jefferson Ave
- 460 Hancock St
- 456 Hancock St
- 567 Quincy St
- 549 Monroe St
- 487 Madison St Unit 1
- 487 Madison St Unit 2
- 485 Madison St
- 485 Madison St Unit PARLOR
- 485 Madison St Unit 3
- 489 Madison St
- 483 Madison St
- 491 Madison St Unit 2
- 491 Madison St Unit PH
- 491 Madison St Unit MULTI
- 491 Madison St
- 481 Madison St
- 491A Madison St
- 479 Madison St
- 493 Madison St
- 477 Madison St
- 495 Madison St
- 495 Madison St
- 495 Madison St Unit 4
- 319 Marcus Garvey Blvd
Your Personal Tour Guide
Ask me questions while you tour the home.