388 E 3rd St Unit 3 Brooklyn, NY 11218
Kensington NeighborhoodEstimated Value: $1,801,364
2
Beds
1
Bath
1,000
Sq Ft
$1,801/Sq Ft
Est. Value
About This Home
As of August 2020Remodeled 2 Bedrooms 1 Bath
Around 1,000 SF
Stainless Steel Appliances
Granite Countertop
Floor-Through Apartment
5 Large Closets
7 Windows
East, West, South & North Window Exposures
3rd Floor, Top Floor
Available: Now
Pets: Cats ok
Heat & Hot Water Included
Floor Plans Available (see last picture)
Video Tour Available on YouTube (search by address) or Tours Available upon request
Property Details
Home Type
- Apartment
Year Built
- 1930
Home Design
- 1,000 Sq Ft Home
- Entry on the 3rd floor
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Community Details
- Kensington Subdivision
Listing and Financial Details
- Property Available on 8/10/20
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2020
Closed on
Jun 11, 2020
Sold by
Shafiq Mohammed A
Bought by
Akter Ruma and Shafiq Mohammed A
Sold Price
$2,500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,798,864
Purchase Details
Closed on
May 26, 2020
Sold by
Akter Ruma
Bought by
Shafiq Mohammed A
Purchase Details
Closed on
Mar 9, 2020
Sold by
Akter Ruma and Alam Shafiq
Bought by
Akter Ruma
Purchase Details
Closed on
Jun 21, 2011
Bought by
Akter Ruma and Alam Shafiq
Purchase Details
Closed on
Oct 18, 2006
Sold by
Giambrone Maddalena
Bought by
Alam Mohamed Z and Alam Shafiq
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Akter Ruma | -- | -- | |
| Shafiq Mohammed A | -- | -- | |
| Akter Ruma | -- | -- | |
| Akter Ruma | -- | -- | |
| Alam Mohamed Z | $895,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Alam Mohamed Z | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2020 08/10/20 | Rented | -- | -- | -- |
| 07/11/2020 07/11/20 | Under Contract | -- | -- | -- |
| 05/19/2020 05/19/20 | For Rent | $2,500 | -- | -- |
Source: Real Estate Board of New York (REBNY)
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 | $8,596 | $125,760 | $29,280 | $96,480 |
| 2024 | $8,596 | $99,360 | $29,280 | $70,080 |
| 2023 | $8,692 | $87,840 | $29,280 | $58,560 |
| 2022 | $8,376 | $89,280 | $29,280 | $60,000 |
| 2021 | $8,332 | $78,780 | $29,280 | $49,500 |
| 2020 | $3,955 | $76,740 | $29,280 | $47,460 |
| 2019 | $7,461 | $61,020 | $29,280 | $31,740 |
| 2018 | $7,270 | $35,665 | $14,173 | $21,492 |
| 2017 | $7,127 | $34,963 | $16,081 | $18,882 |
| 2016 | $6,595 | $32,992 | $17,654 | $15,338 |
| 2015 | $3,978 | $31,503 | $19,694 | $11,809 |
| 2014 | $3,978 | $29,721 | $16,029 | $13,692 |
Source: Public Records
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10651995
APN: 05354-0018
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