NOT LISTED FOR SALE

540 Monroe St Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,438,000 - $1,816,000

-- Bed
-- Bath
3,120 Sq Ft
$540/Sq Ft Est. Value

About This Home

This home is located at 540 Monroe St, Brooklyn, NY 11221 and is currently estimated at $1,685,333, approximately $540 per square foot. 540 Monroe St is a home located in Kings County with nearby schools including P.S. 308 Clara Cardwell, La Cima Charter School, and The Co-Op School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 1998
Sold by
Jackson Franklin
Bought by
Montgomery Bobby and Montgomery Shirley
Current Estimated Value
$1,685,333

Purchase Details

Closed on
Aug 16, 1993
Sold by
Neptune Management Corp
Bought by
Park Lane Management Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.21%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Montgomery Bobby -- Chicago Title Insurance Co
Park Lane Management Corp -- Uslife Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery Bobby $255,109
Closed Montgomery Shirley $160,000
Previous Owner Jackson Franklin $155,000
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 $2,590 $105,120 $22,920 $82,200
2024 $2,590 $83,040 $22,920 $60,120
2023 $2,599 $95,160 $22,920 $72,240
2022 $1,331 $80,340 $22,920 $57,420
2021 $2,397 $70,560 $22,920 $47,640
2020 $2,397 $80,460 $22,920 $57,540
2019 $2,248 $76,800 $22,920 $53,880
2018 $2,174 $10,663 $2,631 $8,032
2017 $2,051 $10,060 $3,383 $6,677
2016 $1,898 $9,492 $3,757 $5,735
2015 $1,145 $8,956 $5,311 $3,645
2014 $1,145 $8,956 $6,371 $2,585
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

540 Monroe St, Brooklyn, NY

This home is located at 540 Monroe St, Brooklyn, NY 11221 and is currently estimated at $1,685,333, approximately $540 per square foot. 540 Monroe St is a home located in Kings County with nearby schools including P.S. 308 Clara Cardwell, La Cima Charter School, and The Co-Op School.

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