NOT LISTED FOR SALE

2974 Gerritsen Ave Brooklyn, NY 11229

Gerritsen Beach Neighborhood

Estimated Value: $866,000 - $1,136,000

-- Bed
-- Bath
2,274 Sq Ft
$415/Sq Ft Est. Value

About This Home

This home is located at 2974 Gerritsen Ave, Brooklyn, NY 11229 and is currently estimated at $944,731, approximately $415 per square foot. 2974 Gerritsen Ave is a home located in Kings County with nearby schools including P.S. 277 Gerritsen Beach, J.H.S. 278 Marine Park, and New Visions Charter High School for Advanced Math/ Science.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2017
Sold by
Murphy Premises Revocable Trust
Bought by
Murphy Michael
Current Estimated Value
$944,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$82,796
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$861,935
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Murphy Michael $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Michael $100,000
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 $7,795 $76,620 $15,960 $60,660
2024 $7,795 $60,540 $15,960 $44,580
2023 $7,441 $64,500 $15,960 $48,540
2022 $6,549 $56,220 $15,960 $40,260
2021 $6,823 $49,740 $15,960 $33,780
2020 $6,823 $41,580 $15,960 $25,620
2019 $6,766 $39,840 $15,960 $23,880
2018 $6,224 $30,532 $14,529 $16,003
2017 $5,872 $28,804 $12,540 $16,264
2016 $1,807 $27,174 $15,960 $11,214
2015 $964 $23,220 $7,980 $15,240
2014 $964 $23,220 $7,980 $15,240
Source: Public Records

Map

New York Kings County Brooklyn 11229 Gerritsen Beach

2974 Gerritsen Ave, Brooklyn, NY

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