538 E 40th St Brooklyn, NY 11203
East Flatbush NeighborhoodEstimated payment $4,423/month
About This Home
Move-In Ready 3-Bedroom Gem on a Tree-Lined Street in East Flatbush
Nestled on a quiet, tree-lined street in the heart of East Flatbush, this beautifully updated 3-bedroom, 2-bath home offers the perfect blend of Brooklyn charm and modern comfort. From the moment you arrive, you'll appreciate the peaceful residential feel, all while being minutes from vibrant local amenities. The home features a private driveway, full garage, and a spacious backyard-ideal for relaxing or entertaining. Inside, enjoy an upgraded kitchen with contemporary finishes, two full bathrooms, and generous living spaces throughout. With brand-new mechanicals and a full-sized washer and dryer, this home is truly move-in ready. A rare opportunity to own a turn-key property on one of the neighborhood's most desirable blocks.
Listing Agent
Brown Harris Stevens Residential Sales LLC License #40AC1134177 Listed on: 04/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,000
Year Built
- Built in 1920
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100.00x20.00
Parking
- Garage
Home Design
- Entry on the 1st floor
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Additional Features
- 2-Story Property
- No Cooling
- Basement
Community Details
- Farragut Subdivision
Listing and Financial Details
- Legal Lot and Block 0028 / 04956
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,999 | $39,060 | $12,420 | $26,640 |
| 2024 | $5,999 | $42,000 | $12,420 | $29,580 |
| 2023 | $5,722 | $43,260 | $12,420 | $30,840 |
| 2022 | $5,307 | $38,700 | $12,420 | $26,280 |
| 2021 | $5,278 | $37,200 | $12,420 | $24,780 |
| 2020 | $2,624 | $29,880 | $12,420 | $17,460 |
| 2019 | $5,206 | $29,880 | $12,420 | $17,460 |
| 2018 | $4,786 | $23,480 | $10,873 | $12,607 |
| 2017 | $4,516 | $22,152 | $10,445 | $11,707 |
| 2016 | $4,178 | $20,901 | $11,180 | $9,721 |
| 2015 | $2,301 | $20,901 | $12,390 | $8,511 |
| 2014 | $2,301 | $20,740 | $12,294 | $8,446 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Sold | $740,000 | 0.0% | $1,285 / Sq Ft |
| 08/14/2025 08/14/25 | Price Changed | $740,000 | -1.3% | $1,285 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 04/21/2025 04/21/25 | For Sale | $750,000 | -- | $1,302 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $740,000 | -- | |
| Deed | $587,000 | -- | |
| Deed | $345,000 | -- | |
| Deed | $345,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $666,000 | Purchase Money Mortgage | |
| Previous Owner | $557,650 | New Conventional | |
| Previous Owner | $310,500 | Purchase Money Mortgage |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20017699
APN: 04956-0028
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RLS Data display by Homes.com LLC
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