NOT LISTED FOR SALE

1536 E 38th St Brooklyn, NY 11234

Marine Park Neighborhood

Estimated Value: $1,126,932 - $1,248,000

5 Beds
2 Baths
2,500 Sq Ft
$474/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $1,150,000 $460 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,089/month

Highlights

  • 4,000 Sq Ft lot
  • Wood Flooring
  • Porch
  • PS 222 Katherine R Snyder Rated A
  • Detached Garage
  • 3-minute walk to Sarsfield Playground

About This Home

As of June 2023

A SPECTACULAR SPACIOUS FULLY DETACHED TWO FAMILY HOUSE ON A RARE 40 X 100 LOT!!! TWO CAR DETACHED GARAGE!! THIS HOME IS IN GOOD CONDITION IT IS CLEAN AND UPDATED HARDWOOD FLOORS THROUGHOUT THE 1ST FLOOR APARTMENT IS A ONE BEDROOM EASILY CONVERTED TO 2 BEDROOMS THE 2ND UNIT IS A DUPLEX WITH 4 BEDROOMS EAT-IN KITCHEN, LARGE LIVING ROOM AND BEAUTIFUL BRIGHT SUN PORCH. THE TOP FLOOR HAS VAULTED CEILINGS ADDING TO THE APPEAL. THE REAR PATIO HAS PRIVACY FOR RELAXING AND PLENTY OF ROOM FOR ENTERTAINING WITH FAMILY AND FRIENDS. CONVENIENTLY LOCATED TO ALL TRANSPORTATION, SHOPPING AND SCHOOLS. GREAT INCOME POTENTIAL OR BRING YOUR VISION AND MAKE THIS YOUR DREAM ONE FAMILY HOME THIS HOME IS A GEM AND WILL NOT LAST!!

Last Agent to Sell the Property

Colleen Hunt

Listed on: 04/04/2023

Last Buyer's Agent

Colleen Hunt

Listed on: 04/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,141

Year Built

  • Built in 1910

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40
  • Back Yard

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Shared Driveway

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • 200+ Amp Service

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7699

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,141

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue P
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Porch
  • Rooms Total Level3: 2
  • Fill Sq Ft Total: 2500
  • Street Name I D X: 38th
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • Lot Sq Ft: 4000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 58
  • Roof: Shingle

Utilities

  • Air Conditioning Units: 0
  • Electric: 200 Amp, 220 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40
  • Zoning: R3-2

Tax Info

  • Flip Tax Amount: 9141.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Jun 16, 2023
Sold by
Fred A Ianelli As Trustee and The Ianelli Family Irrevocable Living Tr
Bought by
Kramer Avraham Betzalel and Kramer Chana
Seller's Agent
Colleen Hunt
Buyer's Agent
Colleen Hunt
List Price
$1,188,000
Sold Price
$1,150,000
Premium/Discount to List
-$38,000
-3.2%
Current Estimated Value
$1,184,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,983
Avg. Annual Appreciation
1.18%
Original Mortgage
$920,000
Outstanding Balance
$893,239
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$291,744

Purchase Details

Closed on
Aug 25, 1997
Sold by
Ianelli Dorothy and Ianelli Paul
Bought by
Ianelli Dorothy
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
Kramer Avraham Betzalel $1,150,000 --
Kramer Avraham Betzalel $1,150,000 --
Kramer Avraham Betzalel $1,150,000 --
Ianelli Dorothy -- Fidelity National Title Ins
Ianelli Dorothy -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Avraham Betzalel $920,000
Closed Kramer Avraham Betzalel $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $1,150,000 -3.2% $460 / Sq Ft
04/04/2023 04/04/23 For Sale $1,188,000 -- $475 / Sq Ft
04/02/2023 04/02/23 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 $10,555 $71,940 $15,540 $56,400
2024 $10,555 $68,760 $15,540 $53,220
2023 $10,165 $71,640 $16,200 $55,440
2022 $9,561 $69,060 $16,200 $52,860
2021 $9,341 $65,700 $16,200 $49,500
2020 $9,341 $52,260 $16,200 $36,060
2019 $8,868 $52,260 $16,200 $36,060
2018 $8,442 $42,875 $11,959 $30,916
2017 $7,946 $40,449 $13,384 $27,065
2016 $7,319 $38,160 $13,486 $24,674
2015 $4,383 $38,160 $16,567 $21,593
2014 $4,383 $36,494 $16,463 $20,031
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Colleen Hunt

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472951

Brooklyn Board of REALTORS®

APN: 07699-0058

New York Kings County Brooklyn 11234 Marine Park

1536 E 38th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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