NOT LISTED FOR SALE

87 E 38th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $728,318 - $810,000

2 Beds
2 Baths
2,242 Sq Ft
$342/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $718,000 $320 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,447/month

300 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Granite Countertops
  • Wood Flooring
  • Tudor Architecture
  • Skylights

About This Home

As of October 2024

Welcome to 87 E 38th Street, a well maintained single-family house in East Flatbush. Fully vacant. Great investment, new boiler was installed in 2017, Water heater installed in 2021, and a new roof was installed in 2015 then resealed in 2022. It is conveniently located half a block from Kings County & Downstate Medical Hospital. Prime location, two blocks away from 2 & 5 train, and near shopping area.

Last Agent to Sell the Property

Jenelle Fraser

Keller Williams Realty Liberty Brokerage Phone: 718-848-4700 License #10401283015 Listed on: 10/24/2023

Keller Williams Realty Liberty

Last Buyer's Agent

Jenelle Fraser

Keller Williams Realty Liberty Brokerage Phone: 718-848-4700 License #10401283015 Listed on: 10/24/2023

Keller Williams Realty Liberty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 1945

Lot Details

  • 2,242 Sq Ft Lot
  • Lot Dimensions are 22.42x100
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Tudor Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,242 Sq Ft Home
  • Skylights
  • Entrance Foyer
  • Storage
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Is 211 John Wilson Middle School
  • East Brooklyn Community High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 41 / 4843
  • Assessor Parcel Number 04843-0041

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,256

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Tudor
  • Property SubType: Single Family Residence
  • Year Built: 1945
  • New Construction: No
  • Attribution Contact: 718-848-4700
  • BuildingSize: 1795
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: First Floor Bedroom, Entrance Foyer, Granite Counters, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Inclusions: Awning,Dishwasher,Door Hardware
  • Total Bedrooms: 2
  • Living Area: 2242
  • Window Features: Skylight(s)
  • AtticDescription: None
  • SquareFootage: 2242.00
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached, Driveway, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 211 John Wilson

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 22.42x100
  • Lot Size Sq Ft: 2242
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04843-0041
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 5256
  • Tax Block: 4843
  • Tax Lot: 41
  • Tax Map Number: 04843-0041
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • High School: East Brooklyn Community High School
  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Oct 9, 2024
Sold by
Kong Pauline
Bought by
Freundlich Benjamin M and Freundlich Reinitz
Seller's Agent
Jenelle Fraser
Keller Williams Realty Liberty
Buyer's Agent
Jenelle Fraser
Keller Williams Realty Liberty
List Price
$750,000
Sold Price
$718,000
Premium/Discount to List
-$32,000
-4.27%
Views
128
Current Estimated Value
$766,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,080
Avg. Annual Appreciation
5.50%
Original Mortgage
$248,000
Outstanding Balance
$244,902
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$521,178

Purchase Details

Closed on
Jul 24, 2014
Sold by
Cohen Development Inc
Bought by
Kong Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2013
Sold by
Gayle Theresa
Bought by
Cohen Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2011
Sold by
Samo Management Llc
Bought by
Gayle Theresa

Purchase Details

Closed on
Jul 14, 2010
Sold by
Gayle Theresa
Bought by
Samo Management Llc

Purchase Details

Closed on
Jan 27, 2006
Sold by
Southerland Deidre
Bought by
Gayle Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.27%

Purchase Details

Closed on
Nov 29, 2005
Sold by
Meyers Milton and Southerland Deidre
Bought by
Southerland Deidre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1997
Sold by
Howard Krin Associates Inc
Bought by
Southerland Ferne

Purchase Details

Closed on
Dec 12, 1996
Sold by
Mitaritonna Emilia Corbisiero
Bought by
Howard Krin Associates Inc
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Freundlich Benjamin M $718,000 --
Freundlich Benjamin M $718,000 --
Kong Pauline $433,000 --
Kong Pauline $433,000 --
Cohen Development Inc $230,000 --
Cohen Development Inc $230,000 --
Gayle Theresa -- --
Gayle Theresa -- --
Samo Management Llc $260,000 --
Samo Management Llc $260,000 --
Gayle Theresa $310,000 --
Gayle Theresa $310,000 --
Southerland Deidre -- --
Southerland Deidre -- --
Southerland Ferne $160,000 American Title Ins Co
Southerland Ferne $160,000 American Title Ins Co
Howard Krin Associates Inc $95,000 Fidelity National Title
Howard Krin Associates Inc $95,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freundlich Benjamin M $248,000
Closed Freundlich Benjamin M $248,000
Previous Owner Kong Pauline $346,000
Previous Owner Cohen Development Inc $210,000
Previous Owner Gayle Theresa $62,000
Previous Owner Gayle Theresa $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2024 10/09/24 Sold $718,000 -2.3% $320 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
04/13/2024 04/13/24 Price Changed $735,000 -2.0% $328 / Sq Ft
03/05/2024 03/05/24 For Sale $750,000 +4.5% $335 / Sq Ft
02/27/2024 02/27/24 Off Market $718,000 -- --
10/24/2023 10/24/23 For Sale $750,000 0.0% $335 / Sq Ft
10/11/2023 10/11/23 For Sale $750,000 -- $335 / 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 $5,198 $43,440 $13,380 $30,060
2024 $5,198 $44,940 $13,380 $31,560
2023 $5,256 $47,460 $13,380 $34,080
2022 $5,127 $49,320 $13,380 $35,940
2021 $5,099 $45,900 $13,380 $32,520
2020 $2,391 $34,080 $13,380 $20,700
2019 $4,511 $34,080 $13,380 $20,700
2018 $4,396 $21,565 $7,585 $13,980
2017 $4,362 $21,400 $9,125 $12,275
2016 $3,726 $20,189 $11,427 $8,762
2015 $2,215 $19,047 $10,663 $8,384
2014 $2,215 $17,971 $10,662 $7,309
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jenelle Fraser

    Keller Williams Realty Liberty

    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3509839

OneKey® MLS

APN: 04843-0041

New York Kings County Brooklyn 11203 East Flatbush

87 E 38th St, Brooklyn, NY

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

OneKey® MLS The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes