NOT LISTED FOR SALE

297 E 98th St Brooklyn, NY 11212

Brownsville Neighborhood

Estimated Value: $877,704

5 Beds
2 Baths
2,750 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $775,000 $282 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,928/month

70 Days on Market

Highlights

  • No HOA
  • Heating System Uses Natural Gas
  • 2-minute walk to Saratoga Avenue

About This Home

As of July 2021

Charming Mixed Used Property in the Heart Of Brownsville . Close to All . Modern throughout just in need of a touch of paint and minor TLC . Huge basement too many extras to mention , this property is a must see.

Last Agent to Sell the Property

Karen Smith Anderson

1st Kander Realty Inc License #10311205616 Listed on: 07/28/2021

Last Buyer's Agent

Karen Smith Anderson

1st Kander Realty Inc License #10311205616 Listed on: 07/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1939

Lot Details

  • 1,525

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / 3580
  • Assessor Parcel Number 610100 1203-3580-14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,000

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1939
  • Directions: Turn left onto Howard ave , Turn left onto E 98th street
  • Above Grade Finished Sq Ft: 2750.0
  • Lot Size: 1533
  • New Construction: No
  • Possession Possession Legacy: 2 weeks after closing
  • Sale Detail Seller Contribution: No
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Total Bedrooms: 5
  • Living Area: 2750.0
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Construction Type: Brick
  • Waterfront: No
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Nyc Geog Dist #22 - Brooklyn

Lot Info

  • Parcel #: 610100 1203-3580-14

Tax Info

  • Tax Annual Amount: 4000.0
  • Tax Block: 3580
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Jul 27, 2021
Sold by
Mcleod Multi Services Inc
Bought by
297 East 98Th St Llc
Seller's Agent
Karen Smith Anderson
1st Kander Realty Inc
Buyer's Agent
Karen Smith Anderson
1st Kander Realty Inc
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$877,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,704
Avg. Annual Appreciation
2.84%
Original Mortgage
$700,000
Outstanding Balance
$633,763
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,941

Purchase Details

Closed on
May 19, 2016
Sold by
Jeffrey Lennard
Bought by
Mcleod Multi Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2001
Sold by
Bryan Patricia Harris
Bought by
Jeffrey Lennard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
7.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 1996
Sold by
Bryan Gatfred and Russi Paul A
Bought by
Bryan Patricia Harris
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
297 East 98Th St Llc $775,000 --
297 East 98Th St Llc $775,000 --
297 East 98Th St Llc $775,000 --
Mcleod Multi Services Inc $250,000 --
Mcleod Multi Services Inc $250,000 --
Mcleod Multi Services Inc $250,000 --
Jeffrey Lennard $173,000 Judicial Title
Jeffrey Lennard $173,000 Judicial Title
Bryan Patricia Harris -- --
Bryan Patricia Harris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 297 East 98Th St Llc $700,000
Closed 297 East 98Th St Llc $700,000
Previous Owner Mcleod Multi Services Inc $162,500
Previous Owner Jeffrey Lennard $138,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2021 07/28/21 Price Changed $775,000 0.0% $282 / Sq Ft
07/28/2021 07/28/21 For Sale $775,000 0.0% $282 / Sq Ft
07/27/2021 07/27/21 Sold $775,000 +29.2% $282 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $600,000 -7.0% $218 / Sq Ft
05/20/2021 05/20/21 Price Changed $645,000 -4.4% $235 / Sq Ft
05/04/2021 05/04/21 For Sale $675,000 -- $245 / Sq Ft
Source: Global MLS

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 $4,118 $52,560 $7,800 $44,760
2024 $4,118 $52,200 $7,800 $44,400
2023 $4,164 $54,000 $7,800 $46,200
2022 $4,061 $47,640 $7,800 $39,840
2021 $4,039 $42,840 $7,800 $35,040
2020 $2,020 $35,340 $7,800 $27,540
2019 $3,574 $30,720 $7,800 $22,920
2018 $3,483 $17,085 $5,201 $11,884
2017 $3,456 $16,953 $5,537 $11,416
2016 $3,197 $15,994 $5,146 $10,848
2015 $1,929 $15,091 $5,821 $9,270
2014 $1,929 $14,238 $6,449 $7,789
Source: Public Records

Agents Affiliated with this Home

  • Karen Smith Anderson

    Seller's Agent in 2021

    Karen Smith Anderson

    1st Kander Realty Inc

    (718) 971-4111

    1 in this area

    23 Total Sales

    Karen Smith Anderson
    Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202117483

Global MLS

APN: 03580-0014

New York Kings County Brooklyn 11212 Brownsville

297 E 98th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



Local REALTOR® - Todd Siegel, Broker - (888)-952-6393

Nearby Homes