NOT LISTED FOR SALE

975 Madison St Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,101,000 - $1,185,000

5 Beds
5 Baths
2,100 Sq Ft
$548/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2023

Last sale price $999,999 $476 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,779 / mo

Highlights

  • Wood Flooring
  • 3-minute walk to Gates Avenue
  • Community Storage Space
  • Baseboard Heating
  • Private Driveway
  • Back and Front Yard

About This Home

As of October 2023

An exquisite 2 family house with a finished basement has just become available on the market! This stunning property boasts 5 bedrooms and 5 bathrooms, providing ample space for comfortable living. The house also features a private driveway for convenient parking.

Expect to be blown away by the elegant and tasteful design of this home. Every detail has been carefully considered to create a warm and inviting atmosphere that you'll be proud to call your own. Whether you're entertaining guests or relaxing with family, this house offers plenty of space to do so in comfort and style.

Stay tuned for professional pictures coming soon, which will showcase the true beauty and charm of this remarkable property. Don't miss out on this incredible opportunity to make this house your dream home!

Last Agent to Sell the Property

Parviz Latipzoda

Remax Top Nest Real Estate Listed on: 04/12/2023

Remax Top Nest Real Estate

Last Buyer's Agent

Parviz Latipzoda

Remax Top Nest Real Estate Listed on: 04/12/2023

Remax Top Nest Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,199

Year Built

  • Built in 1994

Lot Details

  • 2,133 Sq Ft Lot
  • Lot Dimensions are 100 x 21
  • Irregular Lot
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 1 Parking Space
  • Private Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 110 Volts
  • Electric Water Heater

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tax Block 3357

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,199

Year Built

Built in 1994

Lot Details

2,133 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 5.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 50.00
  • Building Width: 21.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Broadway
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Microwave, Refrigerator, Stove
  • Fill Sq Ft Total: 2100
  • Building Stories: 2
  • Street Name I D X: Madison
  • Year Built: 1994
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2133

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 149
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Electric

Lot Info

  • Lot Dimensions: 21113
  • Lot Size Irregular: Yes
  • Lot Size Length: 100
  • Lot Size Width: 21
  • Zoning: R6

Tax Info

  • Flip Tax Amount: 6199.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Oct 4, 2023
Sold by
Bought by
Seller's Agent
Parviz Latipzoda
Remax Top Nest Real Estate
Buyer's Agent
Parviz Latipzoda
Remax Top Nest Real Estate
List Price
$999,000
Sold Price
$999,999
Premium/Discount to List
$999
0.1%
Views
9
Current Estimated Value
$1,151,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,293
Avg. Annual Appreciation
5.34%
Original Mortgage
$799,999
Outstanding Balance
$778,515
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$372,777

Purchase Details

Closed on
Apr 17, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,393
Interest Rate
8.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$999,999 --
$212,500 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $799,999
Previous Owner $119,393
Closed $60,661
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/04/2023 10/04/23 Sold $999,999 +0.1% $476 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $999,000 -- $476 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,877 $59,460 $12,720 $46,740
2025 $6,877 $58,500 $12,720 $45,780
2024 $6,877 $53,580 $12,720 $40,860
2023 $6,684 $65,340 $12,720 $52,620
2022 $6,199 $62,160 $12,720 $49,440
2021 $6,364 $55,440 $12,720 $42,720
2019 $5,968 $65,700 $12,720 $52,980
2018 $5,591 $27,427 $4,132 $23,295
2017 $5,275 $25,878 $6,150 $19,728
2016 $5,038 $25,202 $8,083 $17,119
2015 $2,073 $23,776 $7,569 $16,207
2014 $2,073 $23,776 $7,870 $15,906
Source: Public Records

Agents Affiliated with this Home

  • Parviz Latipzoda

    Seller's Agent in 2023

    Parviz Latipzoda

    Remax Top Nest Real Estate

    (917) 847-7771

    3 in this area

    53 Total Sales

    Parviz Latipzoda
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 473202

Brooklyn Board of REALTORS®

APN: 03357-0149

New York Kings County Brooklyn 11221 Bushwick

975 Madison St, Brooklyn, NY

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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