NOT LISTED FOR SALE

388 E 54th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $664,496 - $912,000

6 Beds
3 Baths
2,952 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 12, 2013

Last sale price $365,000 $124 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,911/month

19 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Eat-In Kitchen

About This Home

As of March 2013

Lovely Three Family Brick With Private Drive-Way And Indoor Garage.Three Two Bedroom Apartment On Each Floor, Additional information: Appearance:Average,Interior Features:Lr/Dr

Last Agent to Sell the Property

Kenrick Kissoon

Homes of NY Realty Inc Brokerage Phone: 718-846-2400 License #10311203826 Listed on: 10/12/2012

Last Buyer's Agent

David Kissoon

Homes of NY Realty Inc License #30KI0767909

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,193

Year Built

  • Built in 1950

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20 x 100

Parking

  • Attached Garage

Home Design

  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • Eat-In Kitchen
  • Deck
  • Unfinished Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 25 / 4725
  • Assessor Parcel Number 04725-0025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,193

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1950
  • Attribution Contact: 718-846-2400
  • Structure Type: Townhouse
  • CurrentPrice: 365000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Full Bathrooms: 3
  • Basement: None, Unfinished
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Deck

Garage/Parking

  • Parking Description: Attached, Private

Utilities

  • Heating: Natural Gas, Radiant

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 20 X 100
  • Lot Size Sq Ft: 2000
  • Parcel Number: 04725-0025
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 4193
  • Tax Block: 4725
  • Tax Lot: 25

MLS Schools

  • Middle School District: Brooklyn 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2012
Closed on
Mar 12, 2013
Sold by
Ross Claude and Ross Natacha
Bought by
Gyamfi Emmanuel O
Seller's Agent
Kenrick Kissoon
Homes of NY Realty Inc
Buyer's Agent
David Kissoon
Homes of NY Realty Inc
List Price
$370,000
Sold Price
$365,000
Premium/Discount to List
-$5,000
-1.35%
Current Estimated Value
$816,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,124
Avg. Annual Appreciation
6.48%
Original Mortgage
$358,388
Outstanding Balance
$247,785
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$568,339

Purchase Details

Closed on
Apr 19, 2005
Sold by
Ross Claude
Bought by
Ross Claude and Ross Natacha

Purchase Details

Closed on
Sep 5, 2001
Sold by
Payamps Dionisio A
Bought by
Ross Claude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.7%

Purchase Details

Closed on
Apr 22, 1999
Sold by
Payamps Sharon
Bought by
Payamps Dionisio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,867
Interest Rate
7.49%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 1993
Sold by
Am Cars R Us Inc
Bought by
Citibank Na
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
Gyamfi Emmanuel O $365,000 --
Gyamfi Emmanuel O $365,000 --
Ross Claude -- --
Ross Claude -- --
Ross Claude $300,000 Stewart Title
Ross Claude $300,000 Stewart Title
Payamps Dionisio A -- Commonwealth Land Title Ins
Payamps Dionisio A -- Commonwealth Land Title Ins
Citibank Na -- --
Citibank Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gyamfi Emmanuel O $358,388
Closed Gyamfi Emmanuel O $358,388
Previous Owner Ross Claude $285,000
Previous Owner Payamps Dionisio A $14,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2013 03/12/13 Sold $365,000 -1.4% $124 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $370,000 -- $125 / Sq Ft
Source: OneKey® 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 $7,621 $53,940 $16,200 $37,740
2024 $7,621 $54,240 $16,200 $38,040
2023 $7,706 $63,180 $16,200 $46,980
2022 $7,187 $51,540 $16,200 $35,340
2021 $7,147 $39,780 $16,200 $23,580
2020 $3,352 $39,780 $16,200 $23,580
2019 $6,615 $31,620 $16,200 $15,420
2018 $6,482 $31,800 $12,161 $19,639
2017 $6,115 $30,000 $12,126 $17,874
2016 $5,658 $28,302 $15,344 $12,958
2015 $3,765 $26,700 $18,000 $8,700
2014 $3,765 $26,700 $18,000 $8,700
Source: Public Records

Agents Affiliated with this Home

  • Kenrick Kissoon

    Seller's Agent in 2013

    Kenrick Kissoon

    Homes of NY Realty Inc

    (347) 723-7158

    30 Total Sales

    Kenrick Kissoon
    Section Image
  • David Kissoon

    Buyer's Agent in 2013

    David Kissoon

    Homes of NY Realty Inc

    (917) 327-2829

    10 Total Sales

    David Kissoon
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: L2533762

OneKey® MLS

APN: 04725-0025

New York Kings County Brooklyn 11203 East Flatbush

388 E 54th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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