NOT LISTED FOR SALE

224 Gates Ave Brooklyn, NY 11238

Bed-Stuy Neighborhood

Estimated Value: $2,457,000 - $3,396,000

-- Bed
-- Bath
4,320 Sq Ft
$655/Sq Ft Est. Value

About This Home

This home is located at 224 Gates Ave, Brooklyn, NY 11238 and is currently estimated at $2,829,906, approximately $655 per square foot. 224 Gates Ave is a home located in Kings County with nearby schools including P.S. 56 Lewis H Latimer, Clara Muhammad School Of Masjid Khalifah, and Tabernacle Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Hatcher Veronica
Bought by
224 Gates Ave Llc
Current Estimated Value
$2,829,906

Purchase Details

Closed on
Feb 23, 2012
Sold by
Olivier Owen M
Bought by
Hatcher Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2001
Sold by
Monroe & Gates Inc
Bought by
Olivier Owen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.08%
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
224 Gates Ave Llc -- --
Hatcher Veronica $625,000 --
Olivier Owen M $380,500 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hatcher Veronica $468,750
Previous Owner Olivier Owen M $100,000
Previous Owner Olivier Owen M $317,200
Previous Owner Olivier Owen M $300,000
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 $6,372 $167,940 $20,400 $147,540
2024 $6,372 $157,740 $20,400 $137,340
2023 $6,443 $193,560 $20,400 $173,160
2022 $6,286 $158,400 $20,400 $138,000
2021 $6,251 $173,700 $20,400 $153,300
2020 $2,932 $210,600 $20,400 $190,200
2019 $5,531 $187,800 $20,400 $167,400
2018 $5,389 $26,438 $3,585 $22,853
2017 $5,349 $26,238 $5,614 $20,624
2016 $4,948 $24,753 $7,150 $17,603
2015 $2,985 $23,353 $9,105 $14,248
2014 $2,985 $22,032 $10,304 $11,728
Source: Public Records

Map

New York Kings County Brooklyn 11238 Bed-Stuy

224 Gates Ave, Brooklyn, NY

This home is located at 224 Gates Ave, Brooklyn, NY 11238 and is currently estimated at $2,829,906, approximately $655 per square foot. 224 Gates Ave is a home located in Kings County with nearby schools including P.S. 56 Lewis H Latimer, Clara Muhammad School Of Masjid Khalifah, and Tabernacle Elementary School.

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