NOT LISTED FOR SALE

Estimated Value: $1,597,637 - $2,600,000

Studio
-- Bath
2,160 Sq Ft
$895/Sq Ft Est. Value

About This Home

This home is located at 361 Gates Ave, Brooklyn, NY 11216 and is currently estimated at $1,932,909, approximately $894 per square foot. 361 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
Feb 24, 2011
Sold by
New Gates Management Corp
Bought by
Etline Adam and Karplus Marisa
Current Estimated Value
$1,932,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$410,037
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,522,872

Purchase Details

Closed on
Jun 11, 2009
Sold by
Clark Erica and % Diamond Law Group
Bought by
New Gates Management Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2006
Sold by
Derevaughn Hamlet
Bought by
Clark Erica and King Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.24%

Purchase Details

Closed on
Feb 18, 2004
Sold by
Robinson Hercules
Bought by
Derevaughn Hamlet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1999
Sold by
Russell Yolanda Bass
Bought by
Bass Iseah and Robinson Hercules

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.1%
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
Etline Adam $750,000 --
Etline Adam $750,000 --
New Gates Management Corp $300,000 --
New Gates Management Corp $300,000 --
Clark Erica $1,187,500 --
Clark Erica $1,187,500 --
Derevaughn Hamlet $320,000 --
Derevaughn Hamlet $320,000 --
Bass Iseah -- --
Bass Iseah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Etline Adam $600,000
Closed Etline Adam $600,000
Previous Owner New Gates Management Corp $255,000
Previous Owner Clark Erica $400,000
Previous Owner Clark Erica $645,300
Previous Owner Derevaughn Hamlet $304,000
Previous Owner Bass Iseah $45,000
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 $3,210 $108,780 $15,960 $92,820
2024 $3,210 $85,920 $15,960 $69,960
2023 $3,100 $80,760 $15,960 $64,800
2022 $2,912 $84,600 $15,960 $68,640
2021 $2,948 $79,560 $15,960 $63,600
2020 $1,380 $90,780 $15,960 $74,820
2019 $2,737 $100,380 $15,960 $84,420
2018 $2,533 $13,888 $3,081 $10,807
2017 $2,422 $13,353 $4,673 $8,680
2016 $2,258 $12,844 $6,068 $6,776
2015 $1,300 $12,173 $5,424 $6,749
2014 $1,300 $12,072 $5,379 $6,693
Source: Public Records

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