NOT LISTED FOR SALE

397 E 3rd St Brooklyn, NY 11218

Kensington Neighborhood

Estimated Value: $1,659,000 - $2,170,000

-- Bed
-- Bath
2,933 Sq Ft
$649/Sq Ft Est. Value

About This Home

This home is located at 397 E 3rd St, Brooklyn, NY 11218 and is currently estimated at $1,904,333, approximately $649 per square foot. 397 E 3rd St is a home located in Kings County with nearby schools including P.S. 179 Kensington, Ditmas Junior High school, and Brooklyn Prospect High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2021
Sold by
397 East 3Rd Street Residence Trust and F Rachel Wolff As Trustee
Bought by
Smith Chana M and Smith Mordechai Yaakov
Current Estimated Value
$1,904,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,000
Outstanding Balance
$798,650
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,105,683

Purchase Details

Closed on
Aug 1, 2002
Sold by
Stanley Cohen Trust #1 Jean Zimmer Trus
Bought by
397 East 3Rd Street Residence Trust

Purchase Details

Closed on
Jun 13, 1995
Sold by
Cohen Stanley
Bought by
Zimmer Jean and Stanley Cohen Trust #I
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
Smith Chana M $935,000 --
Smith Chana M $935,000 --
Smith Chana M $935,000 --
397 East 3Rd Street Residence Trust -- --
397 East 3Rd Street Residence Trust -- --
Zimmer Jean -- --
Zimmer Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Chana M $895,000
Closed Smith Chana M $895,000
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 $8,116 $148,980 $27,600 $121,380
2024 $8,116 $127,980 $27,600 $100,380
2023 $8,207 $113,100 $27,600 $85,500
2022 $7,788 $94,740 $27,600 $67,140
2021 $7,910 $87,240 $27,600 $59,640
2020 $3,586 $77,520 $27,600 $49,920
2019 $6,751 $61,620 $27,600 $34,020
2018 $6,567 $33,674 $14,436 $19,238
2017 $6,328 $32,512 $16,995 $15,517
2016 $5,951 $31,321 $17,111 $14,210
2015 $3,480 $29,744 $18,268 $11,476
2014 $3,480 $28,062 $16,831 $11,231
Source: Public Records

Map

New York Kings County Brooklyn 11218 Kensington

397 E 3rd St, Brooklyn, NY

Not Listed for Sale

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