NOT LISTED FOR SALE

1240 38th St Brooklyn, NY 11218

Borough Park Neighborhood

Estimated Value: $1,225,000 - $1,415,000

-- Bed
-- Bath
1,148 Sq Ft
$1,156/Sq Ft Est. Value

About This Home

This home is located at 1240 38th St, Brooklyn, NY 11218 and is currently estimated at $1,326,927, approximately $1,155 per square foot. 1240 38th St is a home located in Kings County with nearby schools including P.S. 230 Doris L Cohen, I.S. 223 The Montauk, and Franklin Delano Roosevelt High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2005
Sold by
Rafaniello Gerard
Bought by
Reichman Martin
Current Estimated Value
$1,326,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$159,527
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,167,400

Purchase Details

Closed on
Jun 2, 1999
Sold by
Rafaniello Gerard
Bought by
Rafaniello Gerard
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
Reichman Martin $620,000 --
Reichman Martin $620,000 --
Rafaniello Gerard $65,000 Commonwealth Land Title Ins
Rafaniello Gerard -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichman Martin $300,000
Closed Reichman Martin $300,000
Previous Owner Rafaniello Gerard $200,000
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 $5,418 $45,660 $24,840 $20,820
2024 $5,418 $51,180 $24,840 $26,340
2023 $5,217 $60,660 $24,840 $35,820
2022 $4,862 $51,540 $24,840 $26,700
2021 $5,133 $44,460 $24,840 $19,620
2020 $2,470 $53,940 $24,840 $29,100
2019 $4,653 $55,260 $24,840 $30,420
2018 $4,304 $22,572 $12,836 $9,736
2017 $4,082 $21,496 $13,165 $8,331
2016 $3,987 $21,496 $11,194 $10,302
2015 $2,226 $20,851 $12,213 $8,638
2014 $2,226 $19,704 $13,845 $5,859
Source: Public Records

Map

New York Kings County Brooklyn 11218 Borough Park

1240 38th St, Brooklyn, NY

This home is located at 1240 38th St, Brooklyn, NY 11218 and is currently estimated at $1,326,927, approximately $1,155 per square foot. 1240 38th St is a home located in Kings County with nearby schools including P.S. 230 Doris L Cohen, I.S. 223 The Montauk, and Franklin Delano Roosevelt High School.

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