488 E 98th St Brooklyn, NY 11212
East Flatbush NeighborhoodEstimated Value: $1,195,214
Studio
--
Bath
3,280
Sq Ft
$364/Sq Ft
Est. Value
About This Home
This home is located at 488 E 98th St, Brooklyn, NY 11212 and is currently estimated at $1,195,214, approximately $364 per square foot. 488 E 98th St is a home located in Kings County with nearby schools including P.S. 165 Ida Posner, P.S. 156 Waverly, and P.S. 178 Saint Clair Mckelway.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2022
Sold by
Stephen Zeitlin Esq. Referee
Bought by
488 East 98 Enterprises Llc
Current Estimated Value
Purchase Details
Closed on
Mar 28, 2018
Sold by
Evs Equity Group Llc
Bought by
488 East 98 Llc
Purchase Details
Closed on
Mar 31, 2009
Sold by
488 East 98Th Street Corp
Bought by
Evs Equity Group Llc
Purchase Details
Closed on
Sep 29, 2000
Sold by
Austin Raymond
Bought by
488 East 98Th Street Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.78%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 28, 1997
Sold by
Kerr Errol M and Kerr Catherine F
Bought by
Kerr Errol M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
7.77%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 488 East 98 Enterprises Llc | $1,092,065 | -- | |
| 488 East 98 Enterprises Llc | $1,092,065 | -- | |
| 488 East 98 Enterprises Llc | $1,092,065 | -- | |
| 488 East 98 Llc | -- | -- | |
| 488 East 98 Llc | -- | -- | |
| 488 East 98 Llc | -- | -- | |
| Evs Equity Group Llc | -- | -- | |
| Evs Equity Group Llc | -- | -- | |
| 488 East 98Th Street Corp | -- | First American Title Ins Co | |
| 488 East 98Th Street Corp | -- | First American Title Ins Co | |
| Kerr Errol M | $35,000 | New York Title Res | |
| Kerr Errol M | -- | New York Title Res |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 488 East 98Th Street Corp | $168,000 | |
| Previous Owner | Kerr Errol M | $178,750 |
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 | $11,695 | $175,050 | $8,100 | $166,950 |
| 2024 | $11,695 | $161,100 | $8,100 | $153,000 |
| 2023 | $11,475 | $177,750 | $8,100 | $169,650 |
| 2022 | $11,090 | $153,450 | $8,100 | $145,350 |
| 2021 | $10,295 | $136,755 | $8,100 | $128,655 |
| 2020 | $9,328 | $132,750 | $8,100 | $124,650 |
| 2019 | $9,075 | $110,700 | $8,100 | $102,600 |
| 2018 | $9,152 | $71,955 | $6,318 | $65,637 |
| 2017 | $8,868 | $69,724 | $7,051 | $62,673 |
| 2016 | $8,323 | $64,560 | $7,218 | $57,342 |
| 2015 | $8,049 | $59,778 | $7,472 | $52,306 |
| 2014 | $8,049 | $55,350 | $8,100 | $47,250 |
Source: Public Records
Map
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