347 Gates Ave Brooklyn, NY 11216
Bed-Stuy NeighborhoodEstimated 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
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%
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Home Values in the Area
Average Home Value in this Area
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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