NOT LISTED FOR SALE

140 E 38th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $823,304 - $925,000

5 Beds
4 Baths
1,360 Sq Ft
$638/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $779,000 $573 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,032/month

33 Days on Market

About This Home

As of December 2018

Approved Short Sale Of $275,000 - Minimum Price., Additional information: Appearance:Very Good,Separate Hotwater Heater:N

Last Agent to Sell the Property

Linda Peng

Corcoran Group License #10301213787 Listed on: 10/11/2018

Corcoran Group

Co-Listed By

Dwayne Powell

Corcoran Group License #40PO1142742

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Parking

  • Garage

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 100.0 x 25.0

Community Details

  • 2 Units
  • Flatbush Subdivision

Listing and Financial Details

  • Tax Block 4858

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Flatbush
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 5

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 100.0 x 25.0

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1925

Tax Info

  • Tax Block: 4858

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
Dec 14, 2018
Sold by
Phang Sopheap and Schleicher Jena
Bought by
Ayam Laura and Zimin Aaron Shlomo
Seller's Agent
Linda Peng
Corcoran Group
List Price
$779,000
Sold Price
$779,000
Current Estimated Value
$868,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,076
Avg. Annual Appreciation
1.53%
Original Mortgage
$580,200
Outstanding Balance
$510,169
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$357,907

Purchase Details

Closed on
Nov 30, 2015
Sold by
Fary Homes Llc
Bought by
Phang Sopheap and Schleicher Jena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
3.77%

Purchase Details

Listed on
Sep 10, 2013
Closed on
Sep 4, 2014
Sold by
Lennon Llewellyn Anthony and Lennon Winston Anthony
Bought by
Fary Homes Llc
Seller's Agent
Jeffrey Langer
Weichert Realtors Langer Homes
Buyer's Agent
Jeffrey Langer
Weichert Realtors Langer Homes
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ayam Laura $850,000 --
Phang Sopheap $684,000 --
Fary Homes Llc $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayam Laura $580,200
Previous Owner Phang Sopheap $536,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2024 12/09/24 Off Market $295,000 -- --
12/14/2018 12/14/18 Sold $779,000 0.0% $573 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $779,000 +164.1% $573 / Sq Ft
09/04/2014 09/04/14 Sold $295,000 -1.3% $217 / Sq Ft View Prior Sale
10/18/2013 10/18/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $299,000 -- $220 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,284 $48,480 $12,900 $35,580
2024 $6,284 $38,280 $12,900 $25,380
2023 $5,995 $43,020 $12,900 $30,120
2022 $5,560 $35,220 $12,900 $22,320
2021 $5,530 $38,640 $12,900 $25,740
2020 $2,749 $35,820 $12,900 $22,920
2019 $5,450 $35,820 $12,900 $22,920
2018 $5,014 $24,598 $6,904 $17,694
2017 $4,731 $23,208 $7,724 $15,484
2016 $4,067 $21,896 $9,106 $12,790
2015 $2,421 $21,896 $10,369 $11,527
2014 $2,421 $21,728 $12,358 $9,370
Source: Public Records

Agents Affiliated with this Home

  • Linda Peng

    Seller's Agent in 2018

    Linda Peng

    Corcoran Group

    (646) 319-0192

    18 Total Sales

    Linda Peng
    Section Image
  • Dwayne Powell

    Seller Co-Listing Agent in 2018

    Dwayne Powell

    Corcoran Group

    (917) 309-2414

    19 Total Sales

    Dwayne Powell
    Section Image
  • Jeffrey Langer

    Seller's Agent in 2014

    Jeffrey Langer

    Weichert Realtors Langer Homes

    (917) 930-2072

    72 Total Sales

    Jeffrey Langer
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10498142

Real Estate Board of New York (REBNY)

APN: 04858-0015

New York Kings County Brooklyn 11203 East Flatbush

140 E 38th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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