NOT LISTED FOR SALE

408 Franklin Ave Brooklyn, NY 11238

Bed-Stuy Neighborhood

Estimated Value: $2,853,000 - $4,086,160

6 Beds
7 Baths
4,050 Sq Ft
$878/Sq Ft Est. Value

About This Home

This home is located at 408 Franklin Ave, Brooklyn, NY 11238 and is currently estimated at $3,556,290, approximately $878 per square foot. 408 Franklin Ave is a home located in Kings County with nearby schools including P.S. 56 Lewis H Latimer, Clara Muhammad School Of Masjid Khalifah, and Brooklyn Waldorf School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2017
Sold by
245 Grafton Street Corp and Aruba Corp
Bought by
115 Kings Highway Corp
Current Estimated Value
$3,556,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,679,435
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,876,855

Purchase Details

Closed on
May 22, 2014
Sold by
Bonney Kofi N
Bought by
245 Grafton Street Corp and Aruba Corp

Purchase Details

Closed on
Oct 10, 2006
Sold by
Aruba Corp
Bought by
245 Grafton Street Corp and Aruba Corp

Purchase Details

Closed on
Sep 18, 2006
Sold by
Alten Inc
Bought by
Aruba Corp

Purchase Details

Closed on
Jun 28, 2006
Sold by
5Pg Llc
Bought by
Alten Inc

Purchase Details

Closed on
Jun 26, 2006
Sold by
Bonney Kofi N
Bought by
5Pg Llc

Purchase Details

Closed on
Feb 26, 2001
Sold by
Macaulay David
Bought by
Bonney Kofi N
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
115 Kings Highway Corp $2,075,000 --
115 Kings Highway Corp $2,075,000 --
115 Kings Highway Corp $2,075,000 --
245 Grafton Street Corp $429,250 --
245 Grafton Street Corp $429,250 --
245 Grafton Street Corp $429,250 --
245 Grafton Street Corp $115,000 --
245 Grafton Street Corp $115,000 --
Aruba Corp -- --
Aruba Corp -- --
Alten Inc $195,000 --
Alten Inc $195,000 --
5Pg Llc $82,000 --
5Pg Llc $82,000 --
Bonney Kofi N $32,000 Pyramid Title
Bonney Kofi N $32,000 Pyramid Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 115 Kings Highway Corp $2,000,000
Closed 115 Kings Highway Corp $2,000,000
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 $11,872 $253,860 $41,340 $212,520
2024 $11,872 $200,520 $41,340 $159,180
2023 $12,004 $187,260 $41,340 $145,920
2022 $11,377 $191,340 $41,340 $150,000
2021 $11,314 $209,880 $41,340 $168,540
2020 $5,306 $207,240 $41,340 $165,900
2019 $10,304 $170,880 $41,340 $129,540
2018 $10,041 $49,256 $17,253 $32,003
2017 $10,041 $49,256 $27,215 $22,041
2016 $9,722 $48,632 $24,281 $24,351
2014 $407 $10,847 $5,873 $4,974
Source: Public Records

Map

New York Kings County Brooklyn 11216 Bed-Stuy

408 Franklin Ave, 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.

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