NOT LISTED FOR SALE

Estimated Value: $1,660,000 - $1,995,000

Studio
-- Bath
2,700 Sq Ft
$690/Sq Ft Est. Value

About This Home

This home is located at 347 Gates Ave, Brooklyn, NY 11216 and is currently estimated at $1,863,000, approximately $690 per square foot. 347 Gates Ave is a home located in Kings County with nearby schools including P.S. 305 Dr. Peter Ray, Brooklyn Academy High School, and Clara Muhammad School Of Masjid Khalifah.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2019
Sold by
Williams Marcus and Williams Williemae
Bought by
Higby Laura Hall and Stubbs Rebecca Lynn
Current Estimated Value
$1,863,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,349,850
Outstanding Balance
$1,181,905
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$681,095

Purchase Details

Closed on
Aug 13, 2008
Sold by
Williams Lakeisha and Williams Marcus
Bought by
Williams Marcus and Williams Williemae

Purchase Details

Closed on
Jun 20, 2006
Sold by
Williams Williemae
Bought by
Williams Lakeisha and Williams Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 1995
Sold by
Williams Williemae
Bought by
Mcdonald George and Marshall Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.33%

Purchase Details

Closed on
Sep 22, 1995
Sold by
Mcdonald William and Williams Williemae
Bought by
Williams Williemae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.33%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Higby Laura Hall $1,500,000 --
Higby Laura Hall $1,500,000 --
Higby Laura Hall $1,500,000 --
Williams Marcus -- --
Williams Marcus -- --
Williams Lakeisha $675,000 --
Williams Lakeisha $675,000 --
Mcdonald George $160,000 American Title Ins Co
Mcdonald George $160,000 American Title Ins Co
Williams Williemae -- Commonwealth Land Title Ins
Williams Williemae -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higby Laura Hall $1,349,850
Closed Higby Laura Hall $1,349,850
Previous Owner Williams Lakeisha $540,000
Previous Owner Mcdonald George $120,000
Closed Williams Marcus $0
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 $4,649 $131,400 $15,720 $115,680
2024 $4,649 $115,200 $15,720 $99,480
2023 $4,665 $110,040 $15,720 $94,320
2022 $4,326 $95,400 $15,720 $79,680
2021 $4,302 $88,680 $15,720 $72,960
2020 $2,018 $90,660 $15,720 $74,940
2019 $3,742 $81,540 $15,720 $65,820
2018 $3,604 $19,141 $3,250 $15,891
2017 $3,381 $18,058 $4,121 $13,937
2016 $3,096 $17,037 $4,635 $12,402
2015 $1,835 $16,074 $3,539 $12,535
2014 $1,835 $16,074 $4,247 $11,827
Source: Public Records

Map

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