505 Madison St Brooklyn, NY 11221
Bed-Stuy NeighborhoodEstimated Value: $1,561,901 - $2,375,000
Studio
--
Bath
2,520
Sq Ft
$783/Sq Ft
Est. Value
About This Home
This home is located at 505 Madison St, Brooklyn, NY 11221 and is currently estimated at $1,973,475, approximately $783 per square foot. 505 Madison St is a home located in Kings County with nearby schools including P.S. 308 Clara Cardwell, Ember Charter School, and La Cima Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 14, 2020
Sold by
Barrow Cecilia and Barrow Cynthia
Bought by
Barrow Patricia
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
$200,865
Outstanding Balance
$177,852
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$1,795,623
Purchase Details
Closed on
Jan 15, 2002
Sold by
Barrow Orpheus Est
Bought by
Barrow Patricia
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barrow Patricia | -- | -- | |
| Barrow Patricia | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barrow Patricia | $200,865 |
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 | $4,324 | $102,000 | $20,820 | $81,180 |
| 2024 | $4,324 | $95,520 | $20,820 | $74,700 |
| 2023 | $4,110 | $99,180 | $20,820 | $78,360 |
| 2022 | $4,033 | $93,540 | $20,820 | $72,720 |
| 2021 | $4,001 | $83,520 | $20,820 | $62,700 |
| 2019 | $3,704 | $69,900 | $20,820 | $49,080 |
| 2018 | $3,378 | $18,032 | $4,554 | $13,478 |
| 2017 | $3,376 | $18,032 | $5,294 | $12,738 |
| 2016 | $3,092 | $17,017 | $6,627 | $10,390 |
| 2015 | $1,832 | $16,869 | $9,866 | $7,003 |
| 2014 | $1,832 | $15,924 | $11,176 | $4,748 |
Source: Public Records
Map
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