NOT LISTED FOR SALE

494 Lexington Ave Unit 2 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,094,000 - $1,321,000

2 Beds
-- Bath
1,920 Sq Ft
$640/Sq Ft Est. Value

About This Home

This home is located at 494 Lexington Ave Unit 2, Brooklyn, NY 11221 and is currently estimated at $1,229,130, approximately $640 per square foot. 494 Lexington Ave Unit 2 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 25, 2019
Sold by
Richburg Betty
Bought by
Elrington Shena and Eneanya Obinna
Current Estimated Value
$1,229,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,550
Outstanding Balance
$671,055
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$558,075
Source: Public Records

Range of Values:

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
Elrington Shena $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elrington Shena $175,000
Open Elrington Shena $764,550
Previous Owner Richburg Betty $381,982
Previous Owner Richburg Betty $65,000
Previous Owner Richburg Betty $143,450
Closed Richburg Betty $35,893
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 $6,968 $61,740 $22,320 $39,420
2024 $6,968 $72,600 $22,320 $50,280
2023 $7,045 $64,800 $22,320 $42,480
2022 $6,873 $62,520 $22,320 $40,200
2021 $6,835 $58,020 $22,320 $35,700
2020 $5,127 $58,440 $22,320 $36,120
2019 $5,755 $57,840 $22,320 $35,520
2018 $5,595 $28,909 $9,976 $18,933
2017 $5,549 $28,690 $10,791 $17,899
2016 $5,101 $27,067 $12,324 $14,743
2015 $2,563 $25,536 $12,031 $13,505
2014 $2,563 $24,091 $12,573 $11,518
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

494 Lexington Ave Unit 2, Brooklyn, NY

This home is located at 494 Lexington Ave Unit 2, Brooklyn, NY 11221 and is currently estimated at $1,229,130, approximately $640 per square foot. 494 Lexington Ave Unit 2 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.

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