Seller's Agent in 2025
Phillip Acha
Brown Harris Stevens Residential Sales LLC
(646) 678-6203
1 in this area
5 Total Sales
538 E 40th St Brooklyn, NY 11203
East Flatbush Neighborhood
3
Beds
2.5
Baths
576
Sq Ft
2,000
Sq Ft Lot
About This Home
As of August 2025Move-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.
Last Agent to Sell the Property
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
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2025
Closed on
Aug 13, 2025
Sold by
Miranda Michael and Miranda Naimah
Bought by
Morales Vazquez Alberto and Salinas Morales Irene
Seller's Agent
Phillip Acha
Brown Harris Stevens Residential Sales LLC
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%
Views
113
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
-$4,943
Avg. Annual Appreciation
-2.07%
Original Mortgage
$666,000
Outstanding Balance
$664,260
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$70,797
Purchase Details
Closed on
Jul 9, 2019
Sold by
Lilavois-Raymond Valencia and Lilavois-Raymond Wilkens R
Bought by
Miranda Michael and Miranda Naimah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,650
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 27, 2006
Sold by
Raymond Lucie and Raymond Wilfrid
Bought by
Raymond Wilkens and Raymond Valencia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
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 | $740,000 | -- | |
| Deed | $587,000 | -- | |
| Deed | $587,000 | -- | |
| Deed | $345,000 | -- | |
| Deed | $345,000 | -- |
Source: Public Records
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: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 |
Source: Real Estate Board of New York (REBNY)
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 |
|---|---|---|---|---|
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Phillip Acha
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20017699
APN: 04956-0028
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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