NOT LISTED FOR SALE

388 E 48th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $876,818 - $1,074,000

4 Beds
2 Baths
2,836 Sq Ft
$342/Sq Ft Est. Value

About This Home

This home is located at 388 E 48th St, Brooklyn, NY 11203 and is currently estimated at $970,955, approximately $342 per square foot. 388 E 48th St is a home located in Kings County with nearby schools including Ps 135 Sheldon A Brookner, Agnes B. Hennessey School, and East Flatbush Community Research School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Abmc Enterprises Inc and Brown
Bought by
388 East 48 Llc
Current Estimated Value
$970,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Outstanding Balance
$601,379
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$369,576

Purchase Details

Closed on
Nov 29, 2023
Sold by
Abmc Enterprise Inc
Bought by
Brown Gail Suzanne and Coli Tarika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Outstanding Balance
$601,379
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$369,576

Purchase Details

Closed on
Oct 8, 2021
Sold by
Brown Christopher
Bought by
Abmc Enterprise Inc

Purchase Details

Closed on
Jun 22, 2021
Sold by
Small Alphonso and Small Cheryl
Bought by
Brown Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2009
Sold by
Small Alphonso
Bought by
Small Alphonso and Small Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,200
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage
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
388 East 48 Llc $875,000 --
Brown Gail Suzanne -- --
Abmc Enterprise Inc -- --
Brown Christopher $400,000 --
Brown Christopher $400,000 --
Brown Christopher $400,000 --
Small Alphonso -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 388 East 48 Llc $612,500
Previous Owner Brown Christopher $320,000
Previous Owner Small Alphonso $368,200
Source: Public Records

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 $6,217 $53,520 $18,000 $35,520
2024 $6,217 $50,340 $18,000 $32,340
2023 $6,228 $55,080 $18,000 $37,080
2022 $5,779 $50,940 $18,000 $32,940
2021 $5,753 $49,740 $18,000 $31,740
2020 $2,858 $33,540 $18,000 $15,540
2019 $5,396 $33,540 $18,000 $15,540
2018 $5,210 $25,557 $11,478 $14,079
2017 $4,918 $24,124 $11,768 $12,356
2016 $4,554 $22,780 $11,622 $11,158
2015 $2,745 $22,767 $13,911 $8,856
2014 $2,745 $21,496 $13,687 $7,809
Source: Public Records

Map

New York Kings County Brooklyn 11203 East Flatbush

388 E 48th St, Brooklyn, NY

Not Listed for Sale

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.

Nearby Homes