NOT LISTED FOR SALE

59 Palmetto St Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $874,000 - $1,353,000

-- Bed
-- Bath
1,622 Sq Ft
$690/Sq Ft Est. Value

About This Home

This home is located at 59 Palmetto St, Brooklyn, NY 11221 and is currently estimated at $1,119,786, approximately $690 per square foot. 59 Palmetto St is a home located in Kings County with nearby schools including P.S. 299 Thomas Warren Field, J.H.S. 291 Roland Hayes, and Brooklyn Excelsior Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2007
Sold by
Estate Of James M Galeassi
Bought by
Suc Jonel and Suc Jonel G
Current Estimated Value
$1,119,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Outstanding Balance
$323,390
Interest Rate
6.17%
Estimated Equity
$796,396

Purchase Details

Closed on
Apr 10, 2006
Sold by
Bushwick Central 2 Corp and Nyc Partnership Housing Development Fund
Bought by
Ruiz Louis I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,963
Interest Rate
6.37%
Source: Public Records

Range of Values:

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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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
Suc Jonel $490,000 --
Suc Jonel $490,000 --
Ruiz Louis I $286,460 --
Ruiz Louis I $286,460 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Louis I $200,000
Closed Ruiz Louis I $168,500
Open Espinosa Diego F $507,500
Closed Suc Jonel $390,000
Previous Owner Ruiz Louis I $34,963
Previous Owner Ruiz Louis I $216,600
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 $6,313 $49,320 $15,780 $33,540
2024 $6,313 $58,020 $15,780 $42,240
2023 $5,770 $70,980 $15,780 $55,200
2022 $5,142 $60,240 $15,780 $44,460
2021 $4,584 $57,600 $15,780 $41,820
2020 $1,809 $52,020 $15,780 $36,240
2019 $3,147 $52,020 $15,780 $36,240
2018 $2,591 $32,400 $9,609 $22,791
2017 $2,074 $32,157 $9,366 $22,791
2016 $2,074 $30,337 $11,926 $18,411
2015 $1,132 $28,620 $11,607 $17,013
2014 $1,132 $27,000 $10,262 $16,738
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bushwick

59 Palmetto St, Brooklyn, NY

This home is located at 59 Palmetto St, Brooklyn, NY 11221 and is currently estimated at $1,119,786, approximately $690 per square foot. 59 Palmetto St is a home located in Kings County with nearby schools including P.S. 299 Thomas Warren Field, J.H.S. 291 Roland Hayes, and Brooklyn Excelsior Charter School.

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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