NOT LISTED FOR SALE

718 Madison St Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,327,000 - $1,528,000

-- Bed
-- Bath
2,184 Sq Ft
$665/Sq Ft Est. Value

About This Home

This home is located at 718 Madison St, Brooklyn, NY 11221 and is currently estimated at $1,452,058, approximately $664 per square foot. 718 Madison St 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
Aug 23, 2024
Sold by
Caroline T Arruda Successor Co-Trustee and Gabrielle T. Arruda Successor Co-Truste
Bought by
Gabrielle T Arruda Trustee and The Arruda Family Trust
Current Estimated Value
$1,452,058

Purchase Details

Closed on
Jul 19, 2024
Sold by
Arruda Jose A and Arruda Nancy
Bought by
Jose A Arruda Trust and Jose A Arruda Trustee

Purchase Details

Closed on
Feb 11, 2016
Sold by
Rotimi Oruene
Bought by
Arruda Jose A and Arruda Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,300
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2002
Sold by
Willis Peter
Bought by
Rotimi Oruene

Purchase Details

Closed on
Feb 26, 2001
Sold by
Galit Development Corp
Bought by
Willis Peter and Rotimi Oruene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
6.96%

Purchase Details

Closed on
Dec 20, 2000
Sold by
Hud
Bought by
Galit Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 17, 1998
Sold by
Greene Drew
Bought by
Hud
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
Gabrielle T Arruda Trustee -- --
Jose A Arruda Trust -- --
Arruda Jose A $999,000 --
Arruda Jose A $999,000 --
Rotimi Oruene -- --
Rotimi Oruene -- --
Willis Peter $289,000 Fidelity National Title Ins
Willis Peter $289,000 Fidelity National Title Ins
Galit Development Corp $135,000 --
Galit Development Corp $135,000 --
Hud $500 --
Hud $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arruda Jose A $699,300
Previous Owner Rotimi Oruene $217,300
Previous Owner Willis Peter $274,000
Previous Owner Galit Development Corp $139,500
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 $3,108 $108,240 $17,760 $90,480
2024 $3,108 $103,500 $17,760 $85,740
2023 $3,106 $115,800 $17,760 $98,040
2022 $2,735 $105,120 $17,760 $87,360
2021 $2,217 $90,180 $17,760 $72,420
2020 $2,141 $91,740 $17,760 $73,980
2019 $2,698 $73,860 $17,760 $56,100
2018 $2,598 $12,746 $3,077 $9,669
2017 $2,453 $12,031 $4,583 $7,448
2016 $2,274 $11,373 $3,965 $7,408
2015 $1,149 $11,370 $5,313 $6,057
2014 $1,149 $10,747 $6,023 $4,724
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

718 Madison St, Brooklyn, NY

This home is located at 718 Madison St, Brooklyn, NY 11221 and is currently estimated at $1,452,058, approximately $664 per square foot. 718 Madison St 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.

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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