NOT LISTED FOR SALE

205 Gates Ave Brooklyn, NY 11238

Clinton Hill Neighborhood

Estimated Value: $2,245,745 - $3,097,000

Studio
-- Bath
3,588 Sq Ft
$704/Sq Ft Est. Value

About This Home

This home is located at 205 Gates Ave, Brooklyn, NY 11238 and is currently estimated at $2,524,686, approximately $703 per square foot. 205 Gates Ave is a home located in Kings County with nearby schools including P.S. 56 Lewis H Latimer, Success Academy Charter School-NYC 9, and New Visions Aim Charter High School I..

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Hemkar Parimal
Bought by
Cheng On Ki and Hemkar Parimal
Current Estimated Value
$2,524,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,932
Outstanding Balance
$301,055
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,223,631

Purchase Details

Closed on
Jun 6, 2012
Sold by
205 Gates Avenue Llc
Bought by
Hemkar Parimal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,103,425
Outstanding Balance
$756,369
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$1,768,317

Purchase Details

Closed on
Jan 21, 2010
Sold by
Malka Arye and Malka Liron
Bought by
205 Gates Avenue Llc

Purchase Details

Closed on
Jul 16, 2009
Sold by
205 Gates Avenue Llc
Bought by
Malka Arye and Malka Liron

Purchase Details

Closed on
Aug 18, 2008
Sold by
Ebanks Shari F
Bought by
A-Adar Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2002
Sold by
Ebanks Shari and Ebank Shari F
Bought by
Lopez Juan P

Purchase Details

Closed on
Apr 9, 1999
Sold by
Lopez Juan
Bought by
Ebanks Shari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Cheng On Ki -- --
Cheng On Ki -- --
Hemkar Parimal $1,150,000 --
Hemkar Parimal $1,150,000 --
205 Gates Avenue Llc -- --
205 Gates Avenue Llc -- --
Malka Arye -- --
Malka Arye -- --
A-Adar Properties Inc $400,000 --
205 Gates Avenue Llc -- --
A-Adar Properties Inc $400,000 --
205 Gates Avenue Llc -- --
Lopez Juan P -- --
Lopez Juan P -- --
Ebanks Shari $230,000 --
Ebanks Shari $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng On Ki $338,932
Closed Cheng On Ki $338,932
Open Hemkar Parimal $1,103,425
Closed Hemkar Parimal $1,103,425
Previous Owner A-Adar Properties Inc $320,000
Previous Owner Ebanks Shari $161,000
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 $16,501 $176,220 $11,160 $165,060
2024 $16,501 $150,540 $11,160 $139,380
2023 $16,033 $184,680 $11,160 $173,520
2022 $14,868 $157,620 $11,160 $146,460
2021 $15,055 $141,840 $11,160 $130,680
2020 $7,162 $171,960 $11,160 $160,800
2019 $14,322 $139,080 $11,160 $127,920
2018 $13,411 $65,787 $5,011 $60,776
2017 $12,652 $62,064 $5,505 $56,559
2016 $11,918 $59,616 $6,056 $53,560
2015 $7,062 $57,052 $6,521 $50,531
2014 $7,062 $57,052 $7,826 $49,226
Source: Public Records

Map

New York Kings County Brooklyn 11238 Clinton Hill

205 Gates Ave, Brooklyn, NY

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