NOT LISTED FOR SALE

1361 E 38th St Brooklyn, NY 11234

Marine Park Neighborhood

Estimated Value: $977,345 - $1,105,000

-- Bed
2 Baths
2,704 Sq Ft
$387/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $910,000 $337 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,317/month

Highlights

  • Multiple cooling system units
  • Back Yard
  • 2-minute walk to Sarsfield Playground
  • Heating System Uses Steam

About This Home

As of October 2023

First time on MARKET!!! Solid semi- detached brick 3 family house with a two-car garage for SALE in the very desirable Marine Park neighborhood. This home consists of a 4-bedroom apartment over 3 bedrooms, along with a 1-bedroom unit on ground floor, each unit has a full bath and parquet floors throughout. The property needs some work but has BRIGHT future and will be delivered vacant....

Last Agent to Sell the Property

Kevin Stile

Bergen Basin Realty LLC Listed on: 04/06/2023

Last Buyer's Agent

Kevin Stile

Bergen Basin Realty LLC Listed on: 04/06/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,853

Year Built

  • Built in 1925

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,704 Sq Ft Home
  • Parquet Flooring

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Shared Driveway

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 7816

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,853

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Walk-in
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1240
  • Building Length: 62.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Kings Hwy
  • Cross Street Name2: Avenue M
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 2704
  • Street Name I D X: 38th
  • Street Number I D X: 1361
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Flooring: Parquet
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 15
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: 110 V, Fuses
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: r5

Tax Info

  • Flip Tax Amount: 8853.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Oct 16, 2023
Sold by
Clark Ryan
Bought by
Chen Yu Yan
Seller's Agent
Kevin Stile
Bergen Basin Realty LLC
Buyer's Agent
Kevin Stile
Bergen Basin Realty LLC
List Price
$1,180,000
Sold Price
$910,000
Premium/Discount to List
-$270,000
-22.88%
Views
14
Current Estimated Value
$1,045,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,586
Avg. Annual Appreciation
7.38%
Original Mortgage
$590,000
Outstanding Balance
$578,529
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$467,057

Purchase Details

Closed on
Oct 20, 2021
Sold by
Jason Clark As Heir At Law and Nicholas Clark As Heir At Law
Bought by
Clark Ryan
Source: Public Records

Range of Values:

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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
Chen Yu Yan $910,000 --
Clark Ryan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yu Yan $590,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2023 10/16/23 Sold $910,000 -8.9% $337 / Sq Ft
05/30/2023 05/30/23 Price Changed $999,000 -15.3% $369 / Sq Ft
04/06/2023 04/06/23 For Sale $1,180,000 -- $436 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $9,281 $60,120 $12,900 $47,220
2024 $9,281 $70,740 $12,900 $57,840
2023 $8,853 $67,620 $12,900 $54,720
2022 $8,373 $60,660 $12,900 $47,760
2021 $8,032 $47,040 $12,900 $34,140
2020 $6,024 $39,660 $12,900 $26,760
2019 $7,762 $39,660 $12,900 $26,760
2018 $7,108 $36,327 $9,837 $26,490
2017 $6,825 $34,953 $12,160 $22,793
2016 $6,282 $32,976 $11,095 $21,881
2015 $3,757 $32,976 $9,552 $23,424
2014 $3,757 $32,089 $10,765 $21,324
Source: Public Records

Agents Affiliated with this Home

  • Kevin Stile

    Seller's Agent in 2023

    Kevin Stile

    Bergen Basin Realty LLC

    (917) 627-3169

    7 in this area

    34 Total Sales

    Kevin Stile
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 473059

Brooklyn Board of REALTORS®

APN: 07816-0015

New York Kings County Brooklyn 11234 Marine Park

1361 E 38th St, Brooklyn, NY

This home is located at 1361 E 38th St, Brooklyn, NY 11234 since 06 April 2023 and is currently estimated at $1,045,586, approximately $386 per square foot. This property was built in 1925. 1361 E 38th St is a home located in Kings County with nearby schools including P.S. 119 Amersfort, Andries Hudde School, and Midwood Catholic Academy.

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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