NOT LISTED FOR SALE

348 Gates Ave Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,760,000 - $2,877,000

Studio
-- Bath
3,240 Sq Ft
$713/Sq Ft Est. Value

About This Home

This home is located at 348 Gates Ave, Brooklyn, NY 11216 and is currently estimated at $2,309,000, approximately $712 per square foot. 348 Gates Ave is a home located in Kings County with nearby schools including P.S. 305 Dr. Peter Ray, Brooklyn East Collegiate Charter School, and Brooklyn Academy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2016
Sold by
Bouman Cornelis and Florholmen-Bouman Ulla
Bought by
Levine Eve
Current Estimated Value
$2,305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,500
Outstanding Balance
$897,505
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,411,495

Purchase Details

Closed on
Jul 1, 2011
Sold by
Durity Clarence and Durity Millicent
Bought by
Bouman Cornelis and Florholmen-Bouman Ulla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,156
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 1999
Sold by
Durity Clarence
Bought by
Durity Clarence and Durity Millicent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.84%
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
Levine Eve $1,625,000 --
Levine Eve $1,625,000 --
Levine Eve $1,625,000 --
Bouman Cornelis $625,000 --
Bouman Cornelis $625,000 --
Durity Clarence -- Stewart Title Insurance Co
Durity Clarence -- Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Eve $1,137,500
Closed Levine Eve $1,137,500
Previous Owner Bouman Cornelis $609,156
Previous Owner Durity Clarence $144,000
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 $3,886 $108,780 $14,580 $94,200
2024 $3,886 $103,980 $14,580 $89,400
2023 $3,710 $119,160 $14,580 $104,580
2022 $3,447 $121,080 $14,580 $106,500
2021 $3,431 $93,480 $14,580 $78,900
2020 $1,705 $103,500 $14,580 $88,920
2019 $3,373 $108,000 $14,580 $93,420
2018 $3,104 $15,225 $2,229 $12,996
2017 $2,933 $14,389 $2,808 $11,581
2016 $2,406 $13,584 $3,580 $10,004
2015 $1,417 $13,584 $3,732 $9,852
2014 $1,417 $13,436 $4,431 $9,005
Source: Public Records

Map

New York Kings County Brooklyn 11216 Bed-Stuy

348 Gates Ave, Brooklyn, NY

Not Listed for Sale

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