NOT LISTED FOR SALE

587 E 38th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $857,000 - $1,463,000

-- Bed
-- Bath
2,210 Sq Ft
$477/Sq Ft Est. Value

About This Home

This home is located at 587 E 38th St, Brooklyn, NY 11203 and is currently estimated at $1,054,299, approximately $477 per square foot. 587 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
Oct 15, 2010
Sold by
El Corderu Bey David and Lamb Meriam
Bought by
Iqbal Qamar
Current Estimated Value
$1,054,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Outstanding Balance
$256,158
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$798,141

Purchase Details

Closed on
Mar 3, 2006
Sold by
El Corderu Bey David
Bought by
El Corderu Bey David and Lamb Meriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Watts Gregory
Bought by
587 East 38 Realty Llc

Purchase Details

Closed on
Jun 7, 2000
Sold by
Chase Manhattan Mtg Corp
Bought by
North East 1St Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.5%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Iqbal Qamar $485,000 --
Iqbal Qamar $485,000 --
El Corderu Bey David -- --
El Corderu Bey David -- --
587 East 38 Realty Llc $265,000 --
587 East 38 Realty Llc $265,000 --
North East 1St Properties $175,000 Commonwealth Land Title Ins
North East 1St Properties $175,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iqbal Qamar $387,000
Closed Iqbal Qamar $387,000
Previous Owner El Corderu Bey David $375,000
Previous Owner North East 1St Properties $165,000
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 $7,254 $63,660 $17,940 $45,720
2024 $7,254 $62,580 $17,940 $44,640
2023 $7,335 $66,360 $17,940 $48,420
2022 $6,866 $65,220 $17,940 $47,280
2021 $7,110 $50,340 $17,940 $32,400
2020 $3,336 $42,060 $17,940 $24,120
2019 $6,296 $36,660 $17,940 $18,720
2018 $6,135 $30,097 $13,614 $16,483
2017 $5,843 $28,663 $13,890 $14,773
2016 $5,628 $28,154 $13,688 $14,466
2015 $3,261 $26,572 $16,551 $10,021
2014 $3,261 $25,081 $16,489 $8,592
Source: Public Records

Map

New York Kings County Brooklyn 11203 East Flatbush

587 E 38th St, Brooklyn, NY

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