NOT LISTED FOR SALE

740 Lexington Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,316,000 - $1,956,000

-- Bed
-- Bath
2,142 Sq Ft
$737/Sq Ft Est. Value

About This Home

This home is located at 740 Lexington Ave, Brooklyn, NY 11221 and is currently estimated at $1,578,049, approximately $736 per square foot. 740 Lexington Ave is a home located in Kings County with nearby schools including P.S. 26 Jesse Owens, Brooklyn Excelsior Charter School, and Excellence Girls Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2017
Sold by
Southampton Equities Llc
Bought by
Garland Richard and Garland Robert
Current Estimated Value
$1,578,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,148,000
Outstanding Balance
$970,046
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$608,003

Purchase Details

Closed on
Dec 30, 2015
Sold by
Us Bank National Association
Bought by
Southampton Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2015
Sold by
Forman Ira J
Bought by
Us Bank National Association Not In It

Purchase Details

Closed on
Mar 15, 2011
Sold by
Penn Nisa
Bought by
Green William

Purchase Details

Closed on
Aug 8, 2007
Sold by
Saddoo Paulette
Bought by
Penn Nisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,600
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2006
Sold by
Mccord Brenda
Bought by
Saddoo Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,400
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2000
Sold by
Mccord Brenda
Bought by
Mccord Brenda

Purchase Details

Closed on
Aug 28, 1998
Sold by
Big M Management Corp
Bought by
Mccord Brenda and Wilson Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,850
Interest Rate
6.83%
Mortgage Type
FHA
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
Garland Richard $1,435,000 --
Garland Richard $1,435,000 --
Southampton Equities Llc $711,040 --
Southampton Equities Llc $711,040 --
Us Bank National Association Not In It -- --
Us Bank National Association Not In It -- --
Green William -- --
Green William -- --
Penn Nisa $628,300 --
Penn Nisa $628,300 --
Saddoo Paulette $529,400 --
Saddoo Paulette $529,400 --
Mccord Brenda -- --
Mccord Brenda -- --
Mccord Brenda $165,000 Fidelity National Title Ins
Mccord Brenda $165,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garland Richard $1,148,000
Closed Garland Richard $1,148,000
Previous Owner Southampton Equities Llc $600,000
Previous Owner Penn Nisa $502,600
Previous Owner Saddoo Paulette $529,400
Previous Owner Mccord Brenda $260,000
Previous Owner Mccord Brenda $15,000
Previous Owner Mccord Brenda $192,000
Previous Owner Mccord Brenda $164,850
Closed Penn Nisa $96,950
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 $6,006 $106,020 $22,980 $83,040
2024 $6,006 $105,420 $22,980 $82,440
2023 $5,751 $108,480 $22,980 $85,500
2022 $5,333 $97,140 $22,980 $74,160
2021 $5,524 $91,080 $22,980 $68,100
2020 $2,673 $87,600 $22,980 $64,620
2019 $5,213 $74,220 $22,980 $51,240
2018 $5,080 $24,921 $8,200 $16,721
2017 $2,191 $10,747 $4,776 $5,971
2016 $2,071 $10,358 $4,572 $5,786
2015 $1,223 $9,777 $5,535 $4,242
2014 $1,223 $9,254 $6,284 $2,970
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

740 Lexington Ave, Brooklyn, NY

This home is located at 740 Lexington Ave, Brooklyn, NY 11221 and is currently estimated at $1,578,049, approximately $736 per square foot. 740 Lexington Ave is a home located in Kings County with nearby schools including P.S. 26 Jesse Owens, Brooklyn Excelsior Charter School, and Excellence Girls 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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