NOT LISTED FOR SALE

705 Madison St Unit 3 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,648,000 - $2,202,000

-- Bed
2 Baths
3,600 Sq Ft
$538/Sq Ft Est. Value

About This Home

This home is located at 705 Madison St Unit 3, Brooklyn, NY 11221 and is currently estimated at $1,935,667, approximately $537 per square foot. 705 Madison St Unit 3 is a home located in Kings County with nearby schools including P.S. 309 George E. Wibecan Preparatory Academy, La Cima Charter School, and Ember Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Chang Michael Lin and Chang Zheng
Bought by
705 Madison Llc
Current Estimated Value
$1,935,667

Purchase Details

Closed on
Aug 23, 2016
Sold by
Gillis B Belinda
Bought by
Chang Michael Lin and Zheng Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2002
Sold by
Brower-Anders Nellie
Bought by
Gills Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,665
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
705 Madison Llc -- --
Chang Michael Lin $1,250,000 --
Gills Belinda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Michael Lin $937,500
Previous Owner Gills Belinda $148,665
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 $2,762 $120,960 $21,060 $99,900
2024 $2,762 $125,700 $21,060 $104,640
2023 $2,765 $119,700 $21,060 $98,640
2022 $2,567 $116,280 $21,060 $95,220
2021 $2,556 $117,180 $21,060 $96,120
2020 $1,917 $98,400 $21,060 $77,340
2019 $2,398 $83,760 $21,060 $62,700
2018 $2,312 $11,344 $2,416 $8,928
2017 $2,184 $10,716 $2,780 $7,936
2016 $2,023 $10,119 $3,545 $6,574
2015 $1,219 $10,101 $5,295 $4,806
2014 $1,219 $9,552 $6,008 $3,544
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

705 Madison St Unit 3, Brooklyn, NY

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