NOT LISTED FOR SALE

541 E 40th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $612,000 - $776,000

5 Beds
1.5 Baths
1,406 Sq Ft
$512/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $670,000 $477 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,368/month

68 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Full Attic
  • Property is near public transit
  • Finished Attic
  • Formal Dining Room

About This Home

As of November 2022

Home Features Living Room, Formal Dining Room, Eat-In Kitchen, 5 Bedrooms, 1.5 Baths, Unfinished Basement, 2 Car Garage, And Back Yard

Last Agent to Sell the Property

Avryl Simpson

RE/MAX Southshore Realty License #30SI1166321 Listed on: 06/24/2022

RE/MAX Southshore Realty

Last Buyer's Agent

Avryl Simpson

RE/MAX Southshore Realty License #30SI1166321 Listed on: 06/24/2022

RE/MAX Southshore Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,486

Year Built

  • Built in 1920

Lot Details

  • 3,042 Sq Ft Lot
  • Lot Dimensions are 30.42x100
  • Zoning described as R4

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,406 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Oven

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Attic

  • Full Attic
  • Finished Attic

Location

  • Property is near public transit

Schools

  • Ps 208 Elsa Ebeling Elementary School
  • Brooklyn Science And Engineering Aca Middle School
  • Kurt Hahn Expeditionary Lrning Sch High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 59 / 4957
  • Assessor Parcel Number 04957-0059

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,486

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-276-4848
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Entrance Foyer
  • Living Area Units: Square Feet
  • Attic Description: Finished, Full
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Inclusions: A/C Units, Attic Fan, Chandelier(s), Dryer, Garage Door Opener, Garage Remote, Mailbox, Refrigerator, Shades/Blinds
  • Total Bedrooms: 5
  • Living Area: 1406.00
  • Kitchens: 1
  • Square Footage: 1406.00

Exterior Features

  • Construction Materials: Brick, Frame, Aluminum Siding
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached, Driveway

Utilities

  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Separate Hotwater Heater Detail: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Ps 208 Elsa Ebeling
  • Middle School: Brooklyn Science And Engineering Aca
  • High School: Kurt Hahn Expeditionary Lrning Sch
  • Middle School: Brooklyn Science And Engineering Aca

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Size Area: 0.0700
  • Lot Dimensions: 30.42x100
  • Lot Size Sq Ft: 3042.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04957-0059
  • Zoning Description: R4
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-11-28
  • Tax Annual Amount: 5486.00
  • Tax Block: 4957
  • Tax Lot: 59
  • Tax Map Number: 04957-0059

MLS Schools

  • Elementary School: Ps 208 Elsa Ebeling
  • High School: Kurt Hahn Expeditionary Lrning Sch
  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Nov 28, 2022
Sold by
Williams Ivory
Bought by
Bashar Jannatul and Bashar Millatul
Seller's Agent
Avryl Simpson
RE/MAX Southshore Realty
Buyer's Agent
Avryl Simpson
RE/MAX Southshore Realty
List Price
$725,000
Sold Price
$670,000
Premium/Discount to List
-$55,000
-7.59%
Views
39
Current Estimated Value
$720,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,561
Avg. Annual Appreciation
2.54%
Original Mortgage
$556,000
Outstanding Balance
$539,869
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$179,411

Purchase Details

Closed on
Dec 5, 2016
Sold by
Williams Evelyn
Bought by
Williams Ivory
Source: Public Records

Range of Values:

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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
Bashar Jannatul $670,000 --
Williams Ivory -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bashar Jannatul $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $670,000 -4.1% $477 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $699,000 -3.6% $497 / Sq Ft
06/24/2022 06/24/22 For Sale $725,000 -- $516 / Sq Ft
Source: OneKey® MLS

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 $6,572 $47,220 $14,400 $32,820
2024 $6,572 $42,180 $14,400 $27,780
2023 $6,269 $42,600 $14,400 $28,200
2022 $4,145 $37,200 $14,400 $22,800
2021 $5,486 $30,720 $14,400 $16,320
2020 $5,486 $31,680 $14,400 $17,280
2019 $5,411 $34,440 $14,400 $20,040
2018 $4,946 $25,724 $9,601 $16,123
2017 $4,647 $24,268 $11,179 $13,089
2016 $4,267 $22,896 $10,101 $12,795
2015 $2,542 $22,896 $13,862 $9,034
2014 $2,542 $22,723 $14,142 $8,581
Source: Public Records

Agents Affiliated with this Home

  • Avryl Simpson

    Seller's Agent in 2022

    Avryl Simpson

    RE/MAX

    (516) 850-7060

    1 in this area

    10 Total Sales

    Avryl Simpson
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Map

Source: OneKey® MLS

MLS Number: KEY3411162

OneKey® MLS

APN: 04957-0059

New York Kings County Brooklyn 11203 East Flatbush

541 E 40th St, Brooklyn, NY

This home is located at 541 E 40th St, Brooklyn, NY 11203 since 24 June 2022 and is currently estimated at $720,561, approximately $512 per square foot. This property was built in 1920. 541 E 40th St is a home located in Kings County with nearby schools including P.S. 208 Elsa Ebeling, I.S. 285 Meyer Levin, and Central Brooklyn Ascend Charter.

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