NOT LISTED FOR SALE

498 Central Ave Unit 506 Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,629,948

7 Beds
4 Baths
2,925 Sq Ft
$557/Sq Ft Est. Value

About This Home

This home is located at 498 Central Ave Unit 506, Brooklyn, NY 11221 and is currently estimated at $1,629,948, approximately $557 per square foot. 498 Central Ave Unit 506 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 North Brooklyn Prep Charter School.

Range of Values:

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Value Increase
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Percent Increase
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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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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2016
Sold by
498 Central Avenue Corp
Bought by
Current Estimated Value
$1,629,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$740,882
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$889,066

Purchase Details

Closed on
Feb 19, 2015
Sold by
Mercado Frances and Terra Veronica
Bought by
498 Central Avenue Corp

Purchase Details

Closed on
Oct 29, 2009
Sold by
Galarza David and Mercado Frances
Bought by
Mercado Frances and Terra Veronica

Purchase Details

Closed on
Mar 5, 2007
Sold by
First Stage Inc
Bought by
Galarza David and Mercado Frances V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Bushwick, NY

  • Carlos Delgado Real Estate Agent - Keller Williams Landmark II

    Carlos Delgado

    Keller Williams Landmark II

    (347) 802-9380

    26 Total Sales

    1 in Bushwick

    $1,575,000 Price

    Carlos Delgado
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  • David Castle Real Estate Agent - Keller Williams Realty Greater

    David Castle

    Keller Williams Realty Greater

    (888) 961-6134

    24 Total Sales

    1 in Bushwick

    $785,000 Price

    David Castle
     Section Image
  • Cheryl Rosenthal Real Estate Agent - Realty Trends Corp

    Cheryl Rosenthal

    Responds Quickly

    Realty Trends Corp

    (516) 518-7267

    161 Total Sales

    2 in Bushwick

    $1,160,000 Price Range

    Cheryl Rosenthal
     Section Image
  • Jessica Akde Elmazi Real Estate Agent - Compass Greater NY LLC

    Jessica Akde Elmazi

    Compass Greater NY LLC

    (888) 904-8014

    240 Total Sales

    1 in Bushwick

    $695,000 Price

    Jessica Akde Elmazi
     Section Image
  • Samson Fong Real Estate Agent - Block & Lot Services Inc

    Samson Fong

    Block & Lot Services Inc

    (917) 924-1468

    14 Total Sales

    1 in Bushwick

    $1,660,000 Price

    Samson Fong
     Section Image
  • Steve Halpern Real Estate Agent - Compass

    Steve Halpern

    Compass

    (833) 246-3065

    43 Total Sales

    3 in Bushwick

    $615K - $1.2M Price Range

    Steve Halpern
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,280,000 --
498 Central Avenue Corp $610,000 --
Mercado Frances -- --
Galarza David $760,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $16,164
Open -- $960,000
Previous Owner Galarza David $555,000
Closed Galarza David $555,000
Previous Owner First Stage Inc $296,000
Previous Owner First Stage Inc $307,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,988 $74,100 $11,280 $62,820
2025 $8,479 $75,000 $11,280 $63,720
2024 $8,479 $88,260 $11,280 $76,980
2023 $8,089 $80,220 $11,280 $68,940
2022 $7,951 $65,820 $11,280 $54,540
2021 $8,146 $68,100 $11,280 $56,820
2020 $3,901 $57,540 $11,280 $46,260
2019 $7,360 $57,540 $11,280 $46,260
2018 $6,766 $33,192 $5,398 $27,794
2017 $6,766 $33,192 $5,799 $27,393
2016 $6,448 $32,256 $7,609 $24,647
2015 $3,850 $31,078 $7,973 $23,105
2014 $3,850 $29,319 $9,026 $20,293
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bushwick

498 Central Ave Unit 506, Brooklyn, NY

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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