NOT LISTED FOR SALE

307 Gates Ave Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $2,472,000 - $3,109,000

13 Beds
4 Baths
3,600 Sq Ft
$777/Sq Ft Est. Value

Sale Details

Date Sold: March 19, 2021

Last sale price $2,275,000 $632 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $15,449 / mo

128 Days on Market

Highlights

  • 0.08 Acre Lot
  • Wood Flooring
  • Home Office
  • Cathedral Ceiling
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of March 2021

Stunning 4 story Greek Revival Architecture Brownstone bordering Clinton Hill and Bedford-Stuyvesant Brooklyn. This is an owner's dream home with the ideal space in the owner's triplex over garden office space rental. The office space was once utilized as a Doctor's office. However, it can be utilized for any practice as the office structure still exists with a waiting room, receptionist area, offices, restroom, file and storage room. The owner's triplex features a parlor floor with 9 bedrooms and 3 bathrooms. The stunning living room is preserved with the original mantle, high ceilings hardwood flooring and floor to ceiling windows. It leads into the inviting formal dining room perfect for large gatherings. How many brownstones can you count with a two-car garage and a private driveway? This is the best of both worlds. Having the convenience and option with a place to park your car or take the trains.6 blocks from the Classon Avenue G train stop, and 6 blocks from Franklin Ave train

Last Agent to Sell the Property

Nadine Morency-Mohs

Jaymore Realty LLC Brokerage Phone: 718-216-0633 License #10491203159 Listed on: 07/31/2020

Last Buyer's Agent

Nadine Morency-Mohs

Jaymore Realty LLC Brokerage Phone: 718-216-0633 License #10491203159 Listed on: 07/31/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,724

Year Built

  • Built in 1901

Lot Details

  • 3,300 Sq Ft Lot
  • Lot Dimensions are 33x100
  • No Common Walls

Parking

  • 2 Car Attached Garage
  • Driveway

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 13 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Additional Homes

  • Accessory Dwelling Unit (ADU)

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 38 / 1974
  • Assessor Parcel Number 01974-0038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,724

Year Built

Built in 1901

Lot Details

3,300 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Property Condition: Fair
  • Levels: Three Or More
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 718-216-0633
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Cathedral Ceiling(s), Formal Dining, Entrance Foyer, Guest Quarters, Home Office, Legal Accessory Apartment, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 13
  • NumberOfKitchens: 1

Exterior Features

  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached, Driveway

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 33x100
  • Lot Size Sq Ft: 3300
  • Lot Size Units: Acres
  • Parcel Number: 01974-0038
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 6724
  • Tax Block: 1974
  • Tax Lot: 38
  • Tax Map Number: 01974-0038

MLS Schools

  • Middle School District: Brooklyn 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Mar 19, 2021
Sold by
Spooner Helen L
Bought by
Eubank Eliza Huger and Keverling Buisman
Seller's Agent
Nadine Morency-Mohs
Jaymore Realty LLC
Buyer's Agent
Nadine Morency-Mohs
Jaymore Realty LLC
List Price
$2,700,000
Sold Price
$2,275,000
Premium/Discount to List
-$425,000
-15.74%
Current Estimated Value
$2,798,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,338
Avg. Annual Appreciation
4.13%
Original Mortgage
$1,820,000
Outstanding Balance
$1,629,730
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,168,608
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eubank Eliza Huger $2,275,000 --
Eubank Eliza Huger $2,275,000 --
Eubank Eliza Huger $2,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eubank Eliza Huger $1,820,000
Closed Eubank Eliza Huger $1,820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $2,275,000 -9.0% $632 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
09/16/2020 09/16/20 Price Changed $2,500,000 -7.4% $694 / Sq Ft
07/30/2020 07/30/20 For Sale $2,700,000 -- $750 / Sq Ft
Source: OneKey® MLS

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 $8,580 $166,920 $27,480 $139,440
2024 $8,580 $159,600 $27,480 $132,120
2023 $7,681 $155,520 $27,480 $128,040
2022 $5,581 $156,120 $27,480 $128,640
2021 $7,097 $145,140 $27,480 $117,660
2020 $5,005 $145,740 $27,480 $118,260
2019 $6,300 $161,160 $27,480 $133,680
2018 $6,127 $31,518 $6,761 $24,757
2017 $6,033 $31,063 $10,515 $20,548
2016 $5,549 $29,306 $13,395 $15,911
2015 $3,315 $27,648 $10,254 $17,394
2014 $3,315 $26,265 $11,694 $14,571
Source: Public Records

Agents Affiliated with this Home

  • Nadine Morency-Mohs

    Seller's Agent in 2021

    Nadine Morency-Mohs

    Jaymore Realty LLC

    (718) 216-0633

    1 in this area

    40 Total Sales

    Nadine Morency-Mohs
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Map

Source: OneKey® MLS

MLS Number: KEY3238311

OneKey® MLS

APN: 01974-0038

New York Kings County Brooklyn 11216 Bed-Stuy

307 Gates Ave, Brooklyn, NY

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