NOT LISTED FOR SALE

508 E 38th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $612,377 - $752,000

-- Bed
-- Bath
1,280 Sq Ft
$554/Sq Ft Est. Value

About This Home

This home is located at 508 E 38th St, Brooklyn, NY 11203 and is currently estimated at $709,094, approximately $553 per square foot. 508 E 38th St is a home located in Kings County with nearby schools including P.S. 198 Brooklyn, Andries Hudde School, and Central Brooklyn Ascend Charter.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Somwaru Aslim and Somwaru Bebe
Bought by
Alli Zaman and Somwaru Alli Shaheda
Current Estimated Value
$709,094

Purchase Details

Closed on
Apr 4, 2005
Sold by
Tang Joann C and Tang Kwan Po
Bought by
Chen Xi Lin and Qu Xiao Le

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Alli Zaman -- --
Chen Xi Lin $900,000 --
Chen Xi Lin $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Xi Lin $260,000
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 $5,479 $40,860 $12,420 $28,440
2024 $5,479 $43,020 $12,420 $30,600
2023 $5,211 $44,220 $12,420 $31,800
2022 $4,558 $40,980 $12,420 $28,560
2021 $4,704 $39,480 $12,420 $27,060
2020 $2,372 $30,300 $12,420 $17,880
2019 $4,707 $30,300 $12,420 $17,880
2018 $4,299 $22,549 $10,214 $12,335
2017 $4,037 $21,273 $10,217 $11,056
2016 $3,702 $20,071 $9,822 $10,249
2015 $2,201 $20,071 $12,544 $7,527
2014 $2,201 $19,917 $13,473 $6,444
Source: Public Records

Map

New York Kings County Brooklyn 11203 East Flatbush

508 E 38th St, Brooklyn, NY

Not Listed for Sale

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