NOT LISTED FOR SALE

247 Bay 7th St Brooklyn, NY 11228

Bath Beach Neighborhood

Estimated Value: $1,070,385 - $1,346,000

-- Bed
-- Bath
1,485 Sq Ft
$782/Sq Ft Est. Value

About This Home

This home is located at 247 Bay 7th St, Brooklyn, NY 11228 and is currently estimated at $1,161,596, approximately $782 per square foot. 247 Bay 7th St is a home located in Kings County with nearby schools including P.S. 229 Dyker, St Bernadette School, and Poly Prep Country Day School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Gong George and Lei Yan Ling
Bought by
Christine Gong As Trustee and George Gong As Trustee
Current Estimated Value
$1,161,596

Purchase Details

Closed on
Feb 20, 1997
Sold by
Mcelroy Frank and Mcelroy Mary
Bought by
Gong George and Lei Yan Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Christine Gong As Trustee -- --
Gong George $232,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gong George $70,000
Previous Owner Gong George $145,000
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 $5,885 $74,160 $11,820 $62,340
2024 $5,885 $65,340 $11,820 $53,520
2023 $5,598 $70,620 $11,820 $58,800
2022 $7,422 $63,780 $11,820 $51,960
2021 $7,395 $49,260 $11,820 $37,440
2020 $5,546 $52,200 $11,820 $40,380
2019 $6,843 $52,200 $11,820 $40,380
2018 $6,262 $32,180 $6,730 $25,450
2017 $6,260 $32,180 $8,076 $24,104
2016 $5,779 $30,456 $8,995 $21,461
2015 $3,442 $30,130 $11,203 $18,927
2014 $3,442 $28,425 $9,897 $18,528
Source: Public Records

Map

New York Kings County Brooklyn 11228 Bath Beach

247 Bay 7th St, Brooklyn, NY

This home is located at 247 Bay 7th St, Brooklyn, NY 11228 and is currently estimated at $1,161,596, approximately $782 per square foot. 247 Bay 7th St is a home located in Kings County with nearby schools including P.S. 229 Dyker, St Bernadette School, and Poly Prep Country Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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