1278 E 48th St Brooklyn, NY 11234
Flatlands NeighborhoodEstimated Value: $791,231 - $946,000
3
Beds
2
Baths
1,664
Sq Ft
$505/Sq Ft
Est. Value
About This Home
This home is located at 1278 E 48th St, Brooklyn, NY 11234 and is currently estimated at $840,808, approximately $505 per square foot. 1278 E 48th St is a home located in Kings County with nearby schools including P.S. 203 Floyd Bennett, Christian Heritage Academy, and Midwood Catholic Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 23, 2024
Sold by
Clarke Vera D
Bought by
Islam Khadija
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$346,962
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$493,846
Purchase Details
Closed on
Feb 14, 2003
Sold by
Clarke Marcia E and Clarke Vera
Bought by
Clarke Colin and Clarke Vera D
Purchase Details
Closed on
Jun 14, 1996
Sold by
Oci Mtg Corp
Bought by
Clarke Vera D and Clarke Marcia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.08%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Islam Khadija | $790,000 | -- | |
| Islam Khadija | $790,000 | -- | |
| Clarke Colin | -- | -- | |
| Clarke Colin | -- | -- | |
| Clarke Vera D | $160,000 | Ticor Title Guarantee Compan | |
| Clarke Vera D | $160,000 | Ticor Title Guarantee Compan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Islam Khadija | $350,000 | |
| Closed | Islam Khadija | $350,000 | |
| Previous Owner | Clarke Vera D | $144,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,688 | $49,560 | $8,040 | $41,520 |
| 2024 | $7,688 | $46,800 | $8,040 | $38,760 |
| 2023 | $7,334 | $51,360 | $8,040 | $43,320 |
| 2022 | $6,801 | $42,060 | $8,040 | $34,020 |
| 2021 | $6,764 | $38,280 | $8,040 | $30,240 |
| 2020 | $3,362 | $37,500 | $8,040 | $29,460 |
| 2019 | $6,673 | $41,460 | $8,040 | $33,420 |
| 2018 | $6,134 | $30,093 | $6,766 | $23,327 |
| 2017 | $5,787 | $28,390 | $6,605 | $21,785 |
| 2016 | $5,354 | $26,784 | $7,164 | $19,620 |
| 2015 | $3,011 | $26,784 | $8,366 | $18,418 |
| 2014 | $3,011 | $26,582 | $8,166 | $18,416 |
Source: Public Records
Map
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