NOT LISTED FOR SALE

Estimated Value: $1,791,000 - $2,181,000

9 Beds
6 Baths
3,660 Sq Ft
$520/Sq Ft Est. Value

About This Home

This home is located at 245 Tompkins Ave, Brooklyn, NY 11216 and is currently estimated at $1,903,476, approximately $520 per square foot. 245 Tompkins Ave is a home located in Kings County with nearby schools including P.S. 25 Eubie Blake School, The Brooklyn Charter School, and Success Academy Charter School - Bed-Stuy Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Tompkins Park Realty Llc
Bought by
Gips Yisroel
Current Estimated Value
$2,059,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,528,768
Outstanding Balance
$1,456,684
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$539,289

Purchase Details

Closed on
May 23, 2013
Sold by
Clark Dwayne
Bought by
Tompkins Park Realty Llc

Purchase Details

Closed on
May 19, 2006
Sold by
697 Lafayette Llc
Bought by
Msimanga Themba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2005
Sold by
Msimanga Themba
Bought by
697 Lafayette Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
5.82%

Purchase Details

Closed on
Jun 10, 2004
Sold by
Bennett Delain G and Bennett Norman P
Bought by
Msimanga Themba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 1999
Sold by
Montgomery Roger
Bought by
Cromontia Delain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
10%
Mortgage Type
Seller Take Back
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.

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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.

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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
Gips Yisroel $1,670,000 --
Gips Yisroel $1,670,000 --
Tompkins Park Realty Llc $515,000 --
Tompkins Park Realty Llc $515,000 --
Msimanga Themba -- --
Msimanga Themba -- --
697 Lafayette Llc -- --
697 Lafayette Llc -- --
Msimanga Themba $180,000 --
Msimanga Themba $180,000 --
Cromontia Delain $135,000 First American Title Ins Co
Cromontia Delain $135,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gips Yisroel $1,528,768
Closed Gips Yisroel $1,528,768
Previous Owner Clark Dwayne $720,000
Previous Owner Clark Dwayne $180,000
Previous Owner Msimanga Themba $640,000
Previous Owner 697 Lafayette Llc $532,000
Previous Owner Msimanga Themba $84,000
Previous Owner Cromontia Delain $107,000
Closed 697 Lafayette Llc $0
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 $8,903 $115,200 $10,860 $104,340
2024 $8,903 $99,600 $10,860 $88,740
2023 $8,493 $102,540 $10,860 $91,680
2022 $8,296 $98,160 $10,860 $87,300
2021 $8,734 $85,500 $10,860 $74,640
2020 $4,096 $77,700 $10,860 $66,840
2019 $7,727 $70,140 $10,860 $59,280
2018 $7,104 $34,848 $5,345 $29,503
2017 $7,060 $34,632 $8,380 $26,252
2016 $6,914 $34,585 $9,766 $24,819
2015 $3,940 $32,628 $7,870 $24,758
2014 $3,940 $30,782 $8,904 $21,878
Source: Public Records

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