495 Madison St Brooklyn, NY 11221
Bed-Stuy NeighborhoodEstimated Value: $1,573,000 - $2,230,000
Studio
--
Bath
3,360
Sq Ft
$552/Sq Ft
Est. Value
About This Home
This home is located at 495 Madison St, Brooklyn, NY 11221 and is currently estimated at $1,854,005, approximately $551 per square foot. 495 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
May 16, 2019
Sold by
Clarke Karin K
Bought by
Padma Realty 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
$1,215,000
Outstanding Balance
$1,061,597
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$792,408
Purchase Details
Closed on
Mar 17, 2000
Sold by
Gayle Leninston and Baxter Faithlyn
Bought by
Clarke Karin K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,220
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 |
|---|---|---|---|
| Padma Realty Llc | $1,620,000 | -- | |
| Padma Realty Llc | $1,620,000 | -- | |
| Clarke Karin K | $340,000 | -- | |
| Clarke Karin K | $340,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Padma Realty Llc | $1,215,000 | |
| Closed | Padma Realty Llc | $1,215,000 | |
| Previous Owner | Clarke Karin K | $337,220 |
Source: Public Records
Tax History Compared to Growth
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 | $1,143 | $94,440 | $23,700 | $70,740 |
| 2024 | $1,143 | $111,120 | $23,700 | $87,420 |
| 2023 | $1,091 | $113,280 | $23,700 | $89,580 |
| 2022 | $1,073 | $98,160 | $23,700 | $74,460 |
| 2021 | $822 | $102,600 | $23,700 | $78,900 |
| 2019 | $700 | $88,680 | $23,700 | $64,980 |
| 2018 | $615 | $4,478 | $1,167 | $3,311 |
| 2017 | $613 | $4,478 | $1,414 | $3,064 |
| 2016 | $575 | $4,428 | $1,727 | $2,701 |
| 2015 | $290 | $4,178 | $2,445 | $1,733 |
| 2014 | $290 | $3,954 | $2,777 | $1,177 |
Source: Public Records
Map
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