398 Franklin Ave, Brooklyn NY 11238
2 br 2 ba 1,288 sqft Condo| $645,000 |
Price reduced by $30,000
OPEN HOUSE
Sunday Jul 12th, 2:07pm to 4:07pm
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | For Sale |
| Listing Type | Resale |
| MLS/Source ID | 48021 |
| Full bathrooms | 2 |
| Price/sqft | $501 |
| Days on Trulia | 180+ |
| ZIP code | 11238 |
| Neighborhood | Bedford - Stuyvesant |
| Total views (as of 7/9/09) |
239 |
Public Records
| Street # | 398 |
| Street | Franklin Ave |
| City | Brooklyn |
| ZIP code | 11238 |
| Year built | 1899 |
| Sqft | 2,768 sqft |
| Lot Size | 0.04 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 03/09/2009 | Price change | $645,000 | bondnewyork.com |
| 12/30/2008 | Price change | $675,000 | bondnewyork.com |
| 10/06/2008 | Price change | $685,000 | bondnewyork.com |
Contact info
Barbara Fears
Provided by: bondnewyork.com
Inquire about this property
Street view
This property
$645,000
$645,000
Similar homes for sale
$637,333
$637,333
Recently sold homes
$568,333
$568,333
Similar homes for sale
Average listing price is $637,333
Recently sold homes
Average sales price is $568,333
| This home | ||
|---|---|---|
| Listing price: | $645,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $637,333 | +1% |
| Avg. sales price: | $568,333 | +13% |
| Compared to Bedford - Stuyvesant | ||
|---|---|---|
| Avg. listing price: | $541,260 | +19% |
| Avg. sales price: | $404,807 | +59% |
| Avg. price/sqft: | $170 | +195% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Listing price: | $645,000 | |
| Compared to Brooklyn | ||
|---|---|---|
| Avg. listing price: | $663,814 | -3% |
| Avg. sales price: | $544,758 | +18% |
| Avg. price/sqft: | $277 | +81% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
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Clara Muhammad School
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Private | 0.17 | ||
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Ps 56 Lewis H Latimer
New York City Department Of Education |
Public | 0.19 | ||
| Ms. Pessoa is a very good and understanding teacher and helped my son such a great deal and she greatly appreciated | ||||
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Ps 3 Bedford Village
New York City Department Of Education |
Public | 0.19 | ||
| I had children that attended this school years ago, and even then, it was great. The teachers, the principal everybody was just beautiful. I really did… | ||||
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Bethel Elementary School
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Private | 0.31 | ||
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Tabernacle Elementary School
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Private | 0.33 | ||
View all schools in:
New York City Department Of Education
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:398 Franklin Ave, Brooklyn NY 11238 |
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Recent Q&A in Bedford - Stuyvesant, Brooklyn, NY
| Communities near 398 Franklin Ave, Brooklyn | ||||||||||||||
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This Condo located at 398 Franklin Ave, Brooklyn NY, 11238 is currently for sale and has been listed on Trulia for 278 days. This property is listed by bondnewyork.com for $645,000. 398 Franklin Ave has has 2 beds, 2 baths, and approximately 1,288 square feet. 398 Franklin Ave is in the Bedford - Stuyvesant neighborhood in Brooklyn and in ZIP Code 11238. The list price of $645,000 is 19% higher than the average list price of $541,260 for Bedford - Stuyvesant real estate, 2% lower than the average list price of $657,017 for 11238 real estate, and 3% lower than the average list price of $663,814 for Brooklyn, NY real estate. The price for this property is 59% higher than the average sales price of $404,807 for Bedford - Stuyvesant, 18% lower than the average sales price of $782,647 for 11238, and 18% higher than the average sales price of $544,758 for Brooklyn. The price per square foot for this property is $501, which is 195% higher than the average of $170 for Bedford - Stuyvesant, 19% higher than the average of $421 for 11238 and 81% higher than the average of $277 for Brooklyn.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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