NOT LISTED FOR SALE

579 Madison St Unit Building Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,826,789 - $2,722,000

-- Bed
4 Baths
2,700 Sq Ft
$782/Sq Ft Est. Value

About This Home

This home is located at 579 Madison St Unit Building, Brooklyn, NY 11221 and is currently estimated at $2,110,947, approximately $781 per square foot. 579 Madison St Unit Building 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
Sep 18, 2023
Sold by
Bowen Christopher A
Bought by
Christopher A Bowen Revocable Trust and Christopher A Bowen Trustee
Current Estimated Value
$2,110,947

Purchase Details

Closed on
May 24, 2021
Sold by
Carlo Frank and Pannone Iva
Bought by
Bowen Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,287
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2018
Sold by
Chestnut and Stephanie N
Bought by
Carlo Frank and Pannone Iva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,052,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2015
Sold by
Franklin Adrian L and Franklin Edward
Bought by
Franklin Adrian L and Franklin Edward
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
Christopher A Bowen Revocable Trust -- --
Christopher A Bowen Revocable Trust -- --
Bowen Christopher $2,325,000 --
Bowen Christopher $2,325,000 --
Carlo Frank $1,315,000 --
Carlo Frank $1,315,000 --
Franklin Adrian L -- --
Franklin Adrian L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowen Christopher $234,287
Previous Owner Carlo Frank $285,561
Previous Owner Carlo Frank $1,052,000
Previous Owner Franklin Edward S $50,000
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 $5,008 $97,380 $21,060 $76,320
2024 $5,008 $92,760 $21,060 $71,700
2023 $5,013 $99,780 $21,060 $78,720
2022 $4,649 $91,080 $21,060 $70,020
2021 $4,629 $70,920 $21,060 $49,860
2020 $3,472 $85,980 $21,060 $64,920
2019 $4,347 $85,560 $21,060 $64,500
2018 $4,303 $20,571 $5,154 $15,417
2016 $3,665 $18,331 $9,113 $9,218
2015 $2,208 $18,312 $8,604 $9,708
2014 $2,208 $17,317 $9,759 $7,558
Source: Public Records

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