616 Madison St Unit Building Brooklyn, NY 11221
Bed-Stuy NeighborhoodEstimated Value: $1,729,527 - $2,067,000
Studio
5
Baths
2,520
Sq Ft
$738/Sq Ft
Est. Value
About This Home
This home is located at 616 Madison St Unit Building, Brooklyn, NY 11221 and is currently estimated at $1,858,632, approximately $737 per square foot. 616 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
Mar 4, 2015
Sold by
Acholonu Rhonda Graves
Bought by
Downie Georgina
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
$930,000
Outstanding Balance
$712,023
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,146,609
Purchase Details
Closed on
Feb 21, 2012
Sold by
Jacqueline Streets As Executor Of The E
Bought by
Acholonu Tomachukwu N and Graves Acholonu Rhonda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,869
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Downie Georgina | $1,240,000 | -- | |
| Acholonu Tomachukwu N | $545,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Downie Georgina | $930,000 | |
| Previous Owner | Acholonu Tomachukwu N | $626,869 |
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 | $6,264 | $105,780 | $20,460 | $85,320 |
| 2024 | $6,264 | $90,060 | $20,460 | $69,600 |
| 2023 | $5,959 | $79,620 | $20,460 | $59,160 |
| 2022 | $5,593 | $87,240 | $20,460 | $66,780 |
| 2021 | $5,821 | $95,700 | $20,460 | $75,240 |
| 2020 | $2,863 | $93,480 | $20,460 | $73,020 |
| 2019 | $5,388 | $84,780 | $20,460 | $64,320 |
| 2018 | $4,925 | $25,620 | $5,867 | $19,753 |
| 2017 | $4,704 | $24,545 | $6,728 | $17,817 |
| 2016 | $4,532 | $24,220 | $7,289 | $16,931 |
| 2015 | $1,941 | $24,220 | $10,941 | $13,279 |
| 2014 | $1,941 | $23,174 | $12,565 | $10,609 |
Source: Public Records
Map
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