NOT LISTED FOR SALE

732 Madison St Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,182,000 - $1,748,000

5 Beds
5 Baths
1,800 Sq Ft
$834/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $1,254,500 $697 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,710/month

Highlights

  • Deck
  • Fenced Yard
  • Back and Front Yard
  • Wood Flooring
  • Central Air

About This Home

As of December 2018

Madison Street, an updated, modern and stunning brick two family townhouse with one unit of 3 bed, 2 bath, and duplex 2 bed 3 bath, both units have access to the outdoor space. The property is in prime Bed-Stuy location near A, C and J trains, bars and restaurants. Both Units are fully upgraded with central heating/air, stainless-steel appliances, marble countertops with tile backsplash, dishwasher, hardwood and tile floors. The top floor has a large outdoor deck overlooking the backyard with views of nature. There's a modern layout that flows effortlessly from the open-style chefs kitchen with an island into the living and dining rooms. Designed with lots of cabinets and closet space, master bedrooms with en suites, this restored home has the functionality and style for a popular neighborhood. Conveniently located between Malcolm X Blvd. and Patchen Avenue, this home is located in District 16 and is zoned for P.S. 309 Elementary School and several Middle-High Schools to choose from. Property Delivered Vacant.

Last Agent to Sell the Property

Ruslan Mingazov

RE/MAX Edge License #10301217779 Listed on: 07/09/2018

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,829

Year Built

  • Built in 1899

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Fenced Yard
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 1647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,829

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance, Walk-in
  • Total Bathrooms: 5.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 2.00
  • Beds Total Level2: 2
  • Beds Total Level3: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 900
  • Building Length: 50.00
  • Building Width: 18.00
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Confirmed By M L S Y N: Yes
  • Cross Street: Malcolm X Blvd.
  • Cross Street Name2: Patchen Avenue
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other, None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Central Air, Deck, Dishwasher, Microwave, Refrigerator, Stove
  • Rooms Total Level1: 1
  • Rooms Total Level2: 5
  • Rooms Total Level3: 5
  • Fill Sq Ft Total: 1800
  • Building Stories: 2
  • Street Name I D X: Madison
  • Street Number I D X: 732
  • Building Style: Other
  • Year Built: 1899
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2000
  • Total Rooms: 11

Exterior Features

  • Yard: Back, Front, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 21
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 4829.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Dec 21, 2018
Sold by
Madison Development 26 Llc
Bought by
136 Washington St Llc
Seller's Agent
Ruslan Mingazov
RE/MAX Edge
Buyer's Agent
Ruslan Mingazov
RE/MAX Edge
Sold Price
$1,254,500
Current Estimated Value
$1,500,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,368
Avg. Annual Appreciation
2.29%

Purchase Details

Listed on
Nov 10, 2017
Closed on
Jan 8, 2018
Sold by
21St Mortgage Corporation
Bought by
Madison Development 26 Llc
Seller's Agent
Ruslan Mingazov
RE/MAX Edge
Buyer's Agent
Ruslan Mingazov
RE/MAX Edge
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.64%
Original Mortgage
$680,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2010
Sold by
Sharma Esq As Referee Jageshwar
Bought by
Homecomings Financial Llc and Homecoming Financ

Purchase Details

Closed on
Feb 8, 2006
Sold by
Myers Anthony
Bought by
Rembert Nellie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.17%

Purchase Details

Closed on
Aug 25, 2004
Sold by
Mclean Woodrow and Morman Emma
Bought by
Myers Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,960
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2001
Sold by
Homecomings Financial Llc
Bought by
21St Mortgage Corporation

Purchase Details

Closed on
Dec 21, 1997
Sold by
Morman Emma
Bought by
Morman Emma and Mclean Woodrow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
136 Washington St Llc $1,254,500 --
136 Washington St Llc $1,254,500 --
Madison Development 26 Llc $850,000 --
Madison Development 26 Llc $850,000 --
Homecomings Financial Llc $618,048 --
Homecomings Financial Llc $618,048 --
Rembert Nellie $650,000 --
Rembert Nellie $650,000 --
Myers Anthony $286,200 --
Myers Anthony $286,200 --
21St Mortgage Corporation -- --
21St Mortgage Corporation -- --
Morman Emma -- Commonwealth Land Title Ins
Morman Emma -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madison Development 26 Llc $680,000
Previous Owner Rembert Nellie $130,000
Previous Owner Rembert Nellie $520,000
Previous Owner Myers Anthony $57,240
Previous Owner Myers Anthony $228,960
Previous Owner Morman Emma $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $1,254,500 +47.6% $697 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
01/08/2018 01/08/18 Sold $850,000 -- $472 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $5,918 $59,760 $17,460 $42,300
2024 $5,918 $57,120 $17,460 $39,660
2023 $5,882 $65,940 $17,460 $48,480
2022 $5,386 $72,240 $17,460 $54,780
2021 $5,644 $67,380 $17,460 $49,920
2020 $2,647 $74,880 $17,460 $57,420
2019 $5,137 $70,980 $17,460 $53,520
2018 $4,975 $24,405 $5,741 $18,664
2017 $4,829 $23,690 $7,166 $16,524
2016 $4,468 $22,351 $8,000 $14,351
2015 $2,696 $21,086 $11,313 $9,773
2014 $2,696 $20,463 $9,335 $11,128
Source: Public Records

Agents Affiliated with this Home

  • Ruslan Mingazov

    Seller's Agent in 2018

    Ruslan Mingazov

    RE/MAX Edge

    (646) 241-8842

    1 in this area

    236 Total Sales

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 421847

Brooklyn Board of REALTORS®

APN: 01647-0021

New York Kings County Brooklyn 11221 Bed-Stuy

732 Madison St, Brooklyn, NY

This home is located at 732 Madison St, Brooklyn, NY 11221 since 09 July 2018 and is currently estimated at $1,500,868, approximately $833 per square foot. This property was built in 1899. 732 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.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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