NOT LISTED FOR SALE

Estimated Value: $1,498,000 - $2,681,484

Studio
-- Bath
3,068 Sq Ft
$655/Sq Ft Est. Value

About This Home

This home is located at 511A Monroe St, Brooklyn, NY 11221 and is currently estimated at $2,010,871, approximately $655 per square foot. 511A Monroe St is a home located in Kings County with nearby schools including P.S. 308 Clara Cardwell, La Cima Charter School, and Ember Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2023
Sold by
Townhouse Rental Ii Llc
Bought by
Townhouse Rental Llc
Current Estimated Value
$2,010,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,595,812
Outstanding Balance
$48,529,315
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$46,518,444

Purchase Details

Closed on
Apr 28, 2023
Sold by
511 M Holdings Llc
Bought by
Townhouse Rental Ii Llc

Purchase Details

Closed on
Feb 24, 2021
Sold by
Binun Llc
Bought by
511 M Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$707,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2018
Sold by
Blue Charise and Wells Fargo Bank National Association
Bought by
Binun Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2008
Sold by
David Chidekel Esq Referee
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Dec 27, 2004
Sold by
Callender Joseph
Bought by
Hodge Lucina

Purchase Details

Closed on
Apr 7, 2004
Sold by
Burns Rosalyn
Bought by
Callender Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2000
Sold by
Callender Joseph
Bought by
Burns Rosalyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1995
Sold by
Santoro Frank and Santoro John
Bought by
Santoro Frank and Santoro John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Townhouse Rental Llc -- --
Townhouse Rental Llc -- --
Townhouse Rental Llc -- --
Townhouse Rental Ii Llc $2,490,000 --
Townhouse Rental Ii Llc $2,490,000 --
Townhouse Rental Ii Llc $2,490,000 --
511 M Holdings Llc -- --
511 M Holdings Llc -- --
511 M Holdings Llc -- --
Binun Llc $900,000 --
Binun Llc $900,000 --
Blue Charise $400,000 --
Binun Llc $900,000 --
Blue Charise $400,000 --
Wells Fargo Bank National Association $481,179 --
Wells Fargo Bank National Association $481,179 --
Hodge Lucina -- --
Hodge Lucina -- --
Callender Joseph $460,000 --
Callender Joseph $460,000 --
Burns Rosalyn G -- Trump Title Insurance Agency
Burns Rosalyn G -- Trump Title Insurance Agency
Santoro Frank -- Ticor Title Guarantee Compan
Santoro Frank -- Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townhouse Rental Llc $49,595,812
Closed Townhouse Rental Llc $49,595,812
Previous Owner 511 M Holdings Llc $707,500
Previous Owner Binun Llc $1,100,000
Previous Owner Callender Joseph $368,000
Previous Owner Burns Rosalyn G $247,500
Previous Owner Santoro Frank $100,000
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 $8,033 $100,320 $21,840 $78,480
2024 $8,033 $79,260 $21,840 $57,420
2023 $8,079 $87,840 $21,840 $66,000
2022 $7,670 $91,260 $21,840 $69,420
2021 $7,814 $100,080 $21,840 $78,240
2020 $4,549 $85,260 $21,840 $63,420
2019 $4,272 $80,220 $21,840 $58,380
2018 $4,126 $20,242 $6,281 $13,961
2017 $3,895 $19,108 $6,289 $12,819
2016 $3,605 $18,032 $7,588 $10,444
2015 $2,174 $18,014 $11,353 $6,661
2014 $2,174 $17,017 $12,874 $4,143
Source: Public Records

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