NOT LISTED FOR SALE

1187 Gates Ave Unit Building Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,063,537 - $1,472,000

-- Bed
3 Baths
1,824 Sq Ft
$685/Sq Ft Est. Value

About This Home

This home is located at 1187 Gates Ave Unit Building, Brooklyn, NY 11221 and is currently estimated at $1,250,134, approximately $685 per square foot. 1187 Gates Ave Unit Building is a home located in Kings County with nearby schools including P.S. 075 Mayda Cortiella, J.H.S. 291 Roland Hayes, and Brooklyn Excelsior Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2019
Sold by
Harris Jerry
Bought by
Reyes Alberto and Reyes Alexandra
Current Estimated Value
$1,250,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Outstanding Balance
$677,240
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$524,393

Purchase Details

Closed on
Jun 30, 1998
Sold by
Harris Glenn
Bought by
Harris Jerry

Purchase Details

Closed on
Mar 6, 1996
Sold by
Bonds Sallie
Bought by
Harris Glenn
Source: Public Records

Range of Values:

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
Reyes Alberto $960,000 --
Harris Jerry $167,000 Chicago Title Insurance Co
Harris Glenn -- Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Alberto $768,000
Previous Owner Harris Jerry $127,453
Previous Owner Harris Jerry $416,245
Previous Owner Harris Jerry $119,524
Previous Owner Harris Jerry $70,000
Previous Owner Harris Jerry $347,000
Previous Owner Harris Jerry $26,162
Previous Owner Harris Jerry $226,413
Previous Owner Harris Jerry $12,500
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 $2,216 $67,200 $16,620 $50,580
2024 $2,216 $65,880 $16,620 $49,260
2023 $2,117 $80,040 $16,620 $63,420
2022 $1,598 $75,840 $16,620 $59,220
2021 $2,325 $58,560 $16,620 $41,940
2020 $1,835 $54,900 $16,620 $38,280
2019 $1,150 $54,900 $16,620 $38,280
2018 $1,030 $8,686 $2,650 $6,036
2017 $1,199 $8,210 $2,285 $5,925
2016 $1,078 $7,761 $2,886 $4,875
2015 $630 $7,761 $3,248 $4,513
2014 $630 $7,663 $3,505 $4,158
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bushwick

1187 Gates Ave Unit Building, Brooklyn, NY

This home is located at 1187 Gates Ave Unit Building, Brooklyn, NY 11221 and is currently estimated at $1,250,134, approximately $685 per square foot. 1187 Gates Ave Unit Building is a home located in Kings County with nearby schools including P.S. 075 Mayda Cortiella, J.H.S. 291 Roland Hayes, and Brooklyn Excelsior Charter School.

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.

Nearby Homes