NOT LISTED FOR SALE

497 Central Ave Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,029,367 - $1,380,000

Studio
-- Bath
1,960 Sq Ft
$577/Sq Ft Est. Value

About This Home

This home is located at 497 Central Ave, Brooklyn, NY 11221 and is currently estimated at $1,131,592, approximately $577 per square foot. 497 Central Ave is a home located in Kings County with nearby schools including P.S. 106 Edward Everett Hale, J.H.S. 291 Roland Hayes, and Achievement First Bushwick Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Egc 94 Llc
Bought by
497 Central Llc
Current Estimated Value
$1,131,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2018
Sold by
497 Central Llc
Bought by
Egc 94 Llc

Purchase Details

Closed on
Dec 4, 2017
Sold by
Egc 94 Llc
Bought by
497 Central Llc

Purchase Details

Closed on
Feb 2, 2016
Sold by
Ie Kings Corp
Bought by
Egc 94 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2015
Sold by
Versaci Bruno and Versaci Ebony
Bought by
Ie Kings Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2014
Sold by
Versaci Ebony and Versaci Bruno
Bought by
497 Central Ave Corp

Purchase Details

Closed on
Mar 7, 2014
Sold by
Versaci Ebony
Bought by
Blue Avalon Corp

Purchase Details

Closed on
Nov 8, 2006
Sold by
Greene Desmond and Greene Tilmattie
Bought by
Versaci Bruno and Versaci Ebony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.39%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Nyc Partnership Housing Development Fund
Bought by
Greene Desmond and Greene Tilmattie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,700
Interest Rate
6.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
497 Central Llc -- --
497 Central Llc -- --
Egc 94 Llc -- --
Egc 94 Llc -- --
497 Central Llc -- --
497 Central Llc -- --
Egc 94 Llc -- --
Egc 94 Llc -- --
Ie Kings Corp $355,000 --
Versaci Bruno -- --
Ie Kings Corp $355,000 --
Versaci Bruno -- --
497 Central Ave Corp $508,000 --
497 Central Ave Corp $508,000 --
Blue Avalon Corp -- --
Versaci Bruno $630,000 --
Versaci Bruno $630,000 --
Greene Desmond $234,500 --
Greene Desmond $234,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 497 Central Llc $690,000
Previous Owner Egc 94 Llc $300,000
Previous Owner Ie Kings Corp $350,000
Previous Owner Versaci Bruno $126,000
Previous Owner Versaci Bruno $504,000
Previous Owner Greene Desmond $174,700
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 $6,894 $60,420 $13,740 $46,680
2024 $6,894 $65,100 $13,740 $51,360
2023 $6,971 $57,540 $13,740 $43,800
2022 $6,800 $62,340 $13,740 $48,600
2021 $6,763 $68,340 $13,740 $54,600
2020 $3,172 $57,240 $13,740 $43,500
2019 $5,983 $57,240 $13,740 $43,500
2018 $5,786 $28,603 $5,431 $23,172
2017 $4,953 $28,386 $7,947 $20,439
2016 $4,290 $26,780 $9,049 $17,731
2015 $1,535 $25,266 $7,535 $17,731
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bushwick

497 Central Ave, Brooklyn, NY

Not Listed for Sale

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