NOT LISTED FOR SALE

488 Lexington Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,376,000 - $2,135,791

-- Bed
-- Bath
2,880 Sq Ft
$621/Sq Ft Est. Value

About This Home

This home is located at 488 Lexington Ave, Brooklyn, NY 11221 and is currently estimated at $1,787,198, approximately $620 per square foot. 488 Lexington Ave is a home located in Kings County with nearby schools including P.S. 25 Eubie Blake School, Success Academy Charter School-NYC 9, and Unity Preparatory Charter School of Brooklyn.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2018
Sold by
Blake John S A
Bought by
Blake Chyanne D and Blake Jermaine
Current Estimated Value
$1,787,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,433
Outstanding Balance
$305,839
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$1,454,516

Purchase Details

Closed on
Aug 9, 2001
Sold by
Blake Paul A
Bought by
Blake John S A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.86%

Purchase Details

Closed on
Jan 23, 1996
Sold by
White Point Management Corp
Bought by
Blake Paul A and Blake John S A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
6.99%
Mortgage Type
FHA
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

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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
Blake Chyanne D $999,000 --
Blake John S A -- --
Blake Paul A $159,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blake Chyanne D $351,433
Previous Owner Blake S A John $465,000
Previous Owner Blake John S $40,000
Previous Owner Blake John S A $379,000
Previous Owner Blake John S A $261,850
Previous Owner Blake John S A $204,000
Previous Owner Blake Paul A $159,900
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 $4,716 $105,480 $17,820 $87,660
2024 $4,716 $83,340 $17,820 $65,520
2023 $4,601 $95,700 $17,820 $77,880
2022 $4,522 $84,900 $17,820 $67,080
2021 $4,609 $79,140 $17,820 $61,320
2020 $3,457 $81,660 $17,820 $63,840
2019 $2,548 $73,500 $17,820 $55,680
2018 $2,343 $11,493 $3,208 $8,285
2017 $2,343 $11,493 $3,951 $7,542
2016 $2,172 $10,866 $3,888 $6,978
2015 $1,308 $10,747 $5,185 $5,562
2014 $1,308 $10,152 $5,776 $4,376
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

488 Lexington Ave, Brooklyn, NY

This home is located at 488 Lexington Ave, Brooklyn, NY 11221 and is currently estimated at $1,787,198, approximately $620 per square foot. 488 Lexington Ave is a home located in Kings County with nearby schools including P.S. 25 Eubie Blake School, Success Academy Charter School-NYC 9, and Unity Preparatory Charter School of Brooklyn.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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