NOT LISTED FOR SALE

1497 Gates Ave Brooklyn, NY 11237

Bushwick Neighborhood

Estimated Value: $1,049,026 - $1,575,000

-- Bed
-- Bath
3,375 Sq Ft
$408/Sq Ft Est. Value

About This Home

This home is located at 1497 Gates Ave, Brooklyn, NY 11237 and is currently estimated at $1,376,507, approximately $407 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
$1,376,507

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
$225,848
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,086,726

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
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
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 $29,208
Open Mendez Manuel $459,000
Closed Mendez Manuel $459,000
Previous Owner Kiran Holding Inc $400,000
Previous Owner Sandhu Gurbhej S $20,000
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 $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

New York Kings County Brooklyn 11237 Bushwick

1497 Gates Ave, Brooklyn, NY

This home is located at 1497 Gates Ave, Brooklyn, NY 11237 and is currently estimated at $1,376,507, approximately $407 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.

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