NOT LISTED FOR SALE

491 Madison St Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $2,797,000 - $3,032,000

-- Bed
-- Bath
3,360 Sq Ft
$883/Sq Ft Est. Value

About This Home

This home is located at 491 Madison St, Brooklyn, NY 11221 and is currently estimated at $2,967,878, approximately $883 per square foot. 491 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
Dec 18, 2024
Sold by
Wright Dornell and Wright George
Bought by
Afghahi Behrooz and Baradaranfallahkheir Navid
Current Estimated Value
$2,967,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,299,853
Outstanding Balance
$1,292,023
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,675,855

Purchase Details

Closed on
Feb 9, 2006
Sold by
Wright Dornell T
Bought by
Wright Dornell and Wright George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Graham Janet
Bought by
Wright Dornell T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,620
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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

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
Afghahi Behrooz $2,995,000 --
Wright Dornell $412,500 --
Wright Dornell $412,500 --
Wright Dornell T $318,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Afghahi Behrooz $1,299,853
Previous Owner Wright Dornell T $1,225,000
Previous Owner Wright Dornell $253,419
Previous Owner Wright Dornell $6,377
Previous Owner Wright Dornell $412,500
Previous Owner Wright Dornell T $312,620
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 $5,958 $141,900 $23,700 $118,200
2024 $5,958 $112,080 $23,700 $88,380
2023 $5,806 $108,840 $23,700 $85,140
2022 $5,700 $107,940 $23,700 $84,240
2021 $5,979 $118,380 $23,700 $94,680
2020 $1,638 $107,520 $23,700 $83,820
2019 $3,080 $90,060 $23,700 $66,360
2018 $2,806 $15,225 $3,956 $11,269
2017 $2,804 $15,225 $4,815 $10,410
2016 $2,705 $15,083 $5,807 $9,276
2015 $1,513 $14,230 $7,091 $7,139
2014 $1,513 $13,436 $8,036 $5,400
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

491 Madison St, Brooklyn, NY

This home is located at 491 Madison St, Brooklyn, NY 11221 and is currently estimated at $2,967,878, approximately $883 per square foot. 491 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.

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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