432 E 98th St Unit 4 Brooklyn, NY 11212
East Flatbush Neighborhood
8
Beds
4
Baths
3,198
Sq Ft
2,749
Sq Ft Lot
Highlights
- Property is near public transit
- Park
- 5-minute walk to Saratoga Avenue
About This Home
As of December 2024ATTENTION INVESTORS! Don't miss out on this fantastic opportunity to acquire a 4-family semi-detached brick house in the sought-after neighborhood of Brownsville, Brooklyn. This property features a total of 8 bedrooms, 4 bathrooms, and a walk-out basement, providing ample space for multiple tenants or a large family. Currently occupied and available for cash purchase only, this property offers great potential for a savvy investor looking to capitalize on the booming real estate market in Brooklyn. While the house may require some minor renovations, it is attractively priced for a quick sale, presenting a lucrative chance for those with a keen eye for a profitable investment. Act now to secure this promising property and unlock its full earning potential in the vibrant market of Brooklyn. Don't let this prime opportunity slip through your fingers – schedule a viewing today! This property will be included the next Auction. Buyers must sign up and place bids though xome website. All auction properties are subject to a 5% buyer s premium pursuant to the Event Agreement and Auction Terms & Conditions minimums will apply . Buyers and buyers agent to verify any and all info. Occupants are not to be disturbed, This property is being sold occupied and could involve additional costs. Please refer to the purchase contract on the xome website for fees/costs paid by seller/buyer.
Last Agent to Sell the Property
AI Realty Brokerage LLC Brokerage Phone: 914-346-7674 License #10491210443 Listed on: 09/24/2024
Last Buyer's Agent
AI Realty Brokerage LLC Brokerage Phone: 914-346-7674 License #10491210443 Listed on: 09/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,176
Year Built
- Built in 1920
Parking
- On-Street Parking
Home Design
- Quadruplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Schools
- Contact Agent Elementary And Middle School
- Contact Agent High School
Additional Features
- Walk-Out Basement
- 2,749 Sq Ft Lot
- Property is near public transit
- No Cooling
Listing and Financial Details
- Assessor Parcel Number 04694-0055
Community Details
Overview
- 4 Units
Recreation
- Park
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2024
Closed on
Dec 12, 2024
Sold by
Us Bank National Assocition As Truste
Bought by
West Norwood Properties Llc
Seller's Agent
Arafat Ibrahim
AI Realty Brokerage LLC
Buyer's Agent
Arafat Ibrahim
AI Realty Brokerage LLC
List Price
$657,000
Sold Price
$657,500
Premium/Discount to List
$500
0.08%
Total Days on Market
28
Views
1
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
$22,500
Avg. Annual Appreciation
6.01%
Original Mortgage
$500,000
Outstanding Balance
$498,274
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$176,726
Purchase Details
Listed on
Sep 24, 2024
Closed on
Oct 17, 2024
Sold by
Simons Esq. As Referee Calvin J
Bought by
Us Bank National Association As Trust
Seller's Agent
Arafat Ibrahim
AI Realty Brokerage LLC
Buyer's Agent
Arafat Ibrahim
AI Realty Brokerage LLC
List Price
$657,000
Sold Price
$657,500
Premium/Discount to List
$500
0.08%
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$498,274
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$176,726
Purchase Details
Closed on
Mar 4, 2022
Sold by
Humphrey Gary
Bought by
Walcott Gladwyn
Purchase Details
Closed on
Jun 22, 2005
Sold by
France Vanessa
Bought by
Humphrey Gary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,940
Interest Rate
5.71%
Purchase Details
Closed on
Sep 25, 2000
Sold by
Walcott Gladwyn K
Bought by
France Vanessa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
11.02%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 11, 1997
Sold by
Dasilva Francis W
Bought by
Walcott Gladwyn K and Jones Jacquline S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
7.19%
Similar Homes in Brooklyn, NY
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $690,375 | -- | |
| Deed | $796,667 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $489,700 | -- | |
| Deed | $489,700 | -- | |
| Bargain Sale Deed | $336,000 | -- | |
| Bargain Sale Deed | $336,000 | -- | |
| Deed | $205,000 | -- | |
| Deed | $205,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $97,940 | No Value Available | |
| Previous Owner | $391,760 | Purchase Money Mortgage | |
| Previous Owner | $268,800 | Unknown | |
| Previous Owner | $194,750 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $657,500 | +0.1% | $206 / Sq Ft |
| 10/22/2024 10/22/24 | Pending | -- | -- | -- |
| 09/24/2024 09/24/24 | For Sale | $657,000 | -- | $205 / Sq Ft |
Source: OneKey® MLS
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 |
|---|---|---|---|---|
| 2024 | $10,649 | $149,400 | $13,950 | $135,450 |
| 2023 | $10,176 | $161,100 | $13,950 | $147,150 |
| 2022 | $9,398 | $166,500 | $13,950 | $152,550 |
| 2021 | $9,237 | $150,660 | $13,950 | $136,710 |
| 2020 | $4,267 | $122,040 | $13,950 | $108,090 |
| 2019 | $8,263 | $122,040 | $13,950 | $108,090 |
| 2018 | $8,116 | $63,811 | $8,753 | $55,058 |
| 2017 | $7,515 | $59,085 | $9,113 | $49,972 |
| 2016 | $7,467 | $57,920 | $11,152 | $46,768 |
| 2015 | $4,579 | $54,432 | $12,592 | $41,840 |
| 2014 | $4,579 | $50,400 | $13,950 | $36,450 |
Source: Public Records
Agents Affiliated with this Home
-
Arafat Ibrahim
Seller's Agent in 2024
Arafat Ibrahim
AI Realty Brokerage LLC
(914) 346-7674
1 in this area
71 Total Sales
Map
Source: OneKey® MLS
MLS Number: H6329533
APN: 04694-0055
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