This property
$360,000
$360,000
Similar homes for sale
$339,500
$339,500
Recently sold homes
$340,000
$340,000
723 Madison St, Brooklyn NY 11221
2,001 sqft Multi-Family Home|
Sold for $360,000 on Feb 27th, 2009 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | Sold |
| Price/sqft | $180 |
| Year built | 1899 |
| ZIP code | 11221 |
| Neighborhood | Bedford - Stuyvesant |
Public Records
| Street # | 723 |
| Street | Madison St |
| City | Brooklyn |
| ZIP code | 11221 |
| Year built | 1899 |
| Sqft | 2,001 sqft |
| Lot Size | 0.04 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 02/27/2009 | Sold | $360,000 | Public record |
Street view
Similar homes for sale
Average listing price is $339,500
Recently sold homes
Average sales price is $340,000
| This home | ||
|---|---|---|
| Sales price: | $360,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $339,500 | +6% |
| Avg. sales price: | $340,000 | +6% |
| Avg. price/sqft: | $138 | +30% |
| Compared to Bedford - Stuyvesant | ||
|---|---|---|
| Avg. listing price: | $541,260 | -33% |
| Avg. sales price: | $404,807 | -11% |
| Avg. price/sqft: | $170 | +6% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $360,000 | |
| Compared to Brooklyn | ||
|---|---|---|
| Avg. listing price: | $663,814 | -46% |
| Avg. sales price: | $544,758 | -34% |
| Avg. price/sqft: | $277 | -35% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
|
Ps 309 George E Wibecan
New York City Department Of Education |
Public | 0.2 | ||
| I am a former student of PS 309.It is a good school.There is much support from teachers and staff members to do your best.I graduated valedictorian from… | ||||
|
Brooklyn Excelsior Charter School
New York City Department Of Education |
Public | 0.25 | ||
| This school is a good school for you to really pick up your grades. I passed two of my state tests. I'm proud of my- self | ||||
|
La Cima Elementary Charter School
New York City Department Of Education |
Public | 0.25 | ||
|
Bedford Stuy Collegiate Cs
New York City Department Of Education |
Public | 0.25 | ||
|
Excellence Cs Of Bedford Stuy
New York City Department Of Education |
Public | 0.27 | ||
| Excellence is absolutely a great school and I would like to see the research on the schools that have soooo much parent involvement. How do those schools… | ||||
View all schools in:
New York City Department Of Education
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:723 Madison St, Brooklyn NY 11221 |
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| Communities near 723 Madison St, Brooklyn | ||||||||||||||
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This Multi-Family Home located at 723 Madison St, Brooklyn NY, 11221 sold for $360,000 on Feb 27, 2009. 723 Madison St is has approximately 2,001 square feet. The property has a lot size of 1,667 square feet and was built in 1899. 723 Madison St is in the Bedford - Stuyvesant neighborhood in Brooklyn, NY and in ZIP Code 11221. The most recent sale price of $360,000 is 6% higher than the average list price of $339,500 for similar homes for sale, 33% lower than the average list price of $541,260 for Bedford - Stuyvesant, 31% lower than the average list price of $525,223 for 11221, and 46% lower than the average list price of $663,814 for Brooklyn, NY. The most recent sale is 6% higher than the average sale price of $340,000 for similar homes for sale, 11% lower than the average sale price of $404,807 for Bedford - Stuyvesant sold homes, 5% lower than the average sale price of $380,431 for 11221 sold homes, and 46% lower than the average sale price of $544,758 for Brooklyn sold homes. 723 Madison St previously sold for $360,000 on Feb 27, 2009.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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