NOT LISTED FOR SALE

983 Madison St Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $974,733 - $1,083,000

7 Beds
5 Baths
2,100 Sq Ft
$497/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2012

Last sale price $440,000 $210 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $5,864 / mo

56 Days on Market

Highlights

  • Contemporary Architecture
  • 4-minute walk to Gates Avenue
  • Formal Dining Room
  • Wood Flooring
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of June 2012

Owner Is Motivated. 2 Family Attached Brick Features Formal Living And Dining Room, Eat In Kitchen And 1.5 Bathrooms. 2 Bedrooms On The 1st Floor And 3 Bedrooms On The 2nd Floor. Basement Is Full Finished, Tiled Floors And Lighting Tracks. Owner Is Motivated. Call Now!

Last Agent to Sell the Property

Eddie Rodriguez

Brokerage Phone: 516-437-8080 License #30RO0874300 Listed on: 01/05/2012

Last Buyer's Agent

SCARLETT VASQUEZ

Keller Williams Landmark II License #10401208854

Keller Williams Landmark II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,067

Year Built

  • Built in 1994

Lot Details

  • 2,133 Sq Ft Lot
  • Lot Dimensions are 21 x 100
  • Two or More Common Walls

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 146 / 3357
  • Assessor Parcel Number 03357-0146

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,067

Year Built

Built in 1994

Lot Details

2,133 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1994
  • New Construction: No
  • Attribution Contact: 516-437-8080
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 7
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Steam, Natural Gas
  • Sewer: Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 21 X 100
  • Lot Size Sq Ft: 2133
  • Parcel Number: 03357-0146
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 2067
  • Tax Block: 3357
  • Tax Lot: 146
  • Tax Map Number: 03357-0146

MLS Schools

  • Middle School District: Brooklyn 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2012
Closed on
Jun 14, 2012
Sold by
Seda David
Bought by
Chavarro Jacqueline
Seller's Agent
Eddie Rodriguez
Buyer's Agent
SCARLETT VASQUEZ
Keller Williams Landmark II
List Price
$479,000
Sold Price
$440,000
Premium/Discount to List
-$39,000
-8.14%
Current Estimated Value
$1,043,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,433
Avg. Annual Appreciation
6.41%
Original Mortgage
$404,000
Outstanding Balance
$279,329
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$764,104

Purchase Details

Closed on
Apr 19, 1995
Sold by
Nyc Partnership Housing Development Fund
Bought by
Seda David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,736
Interest Rate
8.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chavarro Jacqueline $440,000 --
Seda David $212,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavarro Jacqueline $404,000
Previous Owner Seda David $125,736
Closed Seda David $53,901
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2012 06/14/12 Sold $440,000 -8.1% $210 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $479,000 -- $228 / Sq Ft
Source: OneKey® MLS

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 $3,984 $58,500 $12,900 $45,600
2024 $3,984 $53,580 $12,900 $40,680
2023 $3,760 $65,340 $12,900 $52,440
2022 $3,381 $62,160 $12,900 $49,260
2021 $3,445 $55,440 $12,900 $42,540
2020 $1,587 $65,700 $12,900 $52,800
2019 $4,964 $65,700 $12,900 $52,800
2018 $4,612 $27,427 $4,191 $23,236
2017 $4,724 $25,878 $6,237 $19,641
2016 $4,505 $25,202 $8,197 $17,005
2015 $2,073 $23,776 $7,613 $16,163
2014 $2,073 $23,776 $7,870 $15,906
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Eddie Rodriguez

    Section Image

  • S

    Buyer's Agent in 2012

    SCARLETT VASQUEZ

    Keller Williams Landmark II

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY2457246

OneKey® MLS

APN: 03357-0146

New York Kings County Brooklyn 11221 Bushwick

983 Madison St, Brooklyn, NY

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