1497 Gates Ave Brooklyn, NY 11237
Bushwick NeighborhoodEstimated Value: $1,037,565 - $1,598,000
Studio
--
Bath
3,375
Sq Ft
$412/Sq Ft
Est. Value
About This Home
This home is located at 1497 Gates Ave, Brooklyn, NY 11237 and is currently estimated at $1,390,891, approximately $412 per square foot. 1497 Gates Ave is a home located in Kings County with nearby schools including P.S. 116 Elizabeth L Farrell, J.H.S. 291 Roland Hayes, and MESA Charter High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 28, 2004
Sold by
Kiran Holding Inc
Bought by
Mendez Manuel
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Outstanding Balance
$220,959
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,169,933
Purchase Details
Closed on
Sep 18, 2003
Sold by
Sandhu Gurbhej S
Bought by
Kiran Holding Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mendez Manuel | $525,428 | -- | |
| Mendez Manuel | $525,428 | -- | |
| Kiran Holding Inc | -- | -- | |
| Kiran Holding Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mendez Manuel | $459,000 | |
| Closed | Mendez Manuel | $459,000 | |
| Previous Owner | Kiran Holding Inc | $400,000 |
Source: Public Records
Tax History Compared to Growth
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 | $9,289 | $82,980 | $12,480 | $70,500 |
| 2024 | $9,289 | $87,360 | $12,480 | $74,880 |
| 2023 | $8,861 | $93,660 | $12,480 | $81,180 |
| 2022 | $8,641 | $74,400 | $12,480 | $61,920 |
| 2021 | $9,019 | $67,860 | $12,480 | $55,380 |
| 2020 | $4,274 | $81,960 | $12,480 | $69,480 |
| 2019 | $8,062 | $65,160 | $12,480 | $52,680 |
| 2018 | $7,412 | $36,360 | $6,699 | $29,661 |
| 2017 | $7,353 | $36,072 | $8,111 | $27,961 |
| 2016 | $7,139 | $35,712 | $7,762 | $27,950 |
| 2015 | $4,104 | $34,045 | $8,307 | $25,738 |
| 2014 | $4,104 | $32,118 | $9,402 | $22,716 |
Source: Public Records
Map
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