NOT LISTED FOR SALE

412 Gates Ave Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $2,014,000 - $2,362,000

Studio
-- Bath
4,800 Sq Ft
$456/Sq Ft Est. Value

About This Home

This home is located at 412 Gates Ave, Brooklyn, NY 11216 and is currently estimated at $2,188,000, approximately $455 per square foot. 412 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
Aug 24, 2010
Sold by
Restored Homes Housing Development Fund
Bought by
Hewitt Christine
Current Estimated Value
$2,188,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,787
Outstanding Balance
$299,487
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,888,513

Purchase Details

Closed on
Oct 15, 2008
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Restored Homes Housing Development Fund

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2007
Sold by
Kamaras Esq As Referee Philip L
Bought by
Secretary Of Housing And Urban Developme and Three Advantage Court

Purchase Details

Closed on
May 1, 1999
Sold by
No Exit Place Realty Corp
Bought by
Advance Local Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,750
Interest Rate
7.77%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 1999
Sold by
Stueben Hill Management Corp
Bought by
Atwater Carle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,750
Interest Rate
7.77%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hewitt Christine $627,500 --
Restored Homes Housing Development Fund $350,000 --
Secretary Of Housing And Urban Developme $750,119 --
Advance Local Development Corp $265,000 Stewart Title Insurance Co
Atwater Carle $140,000 --
Steuben Hill Management Corp $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hewitt Christine $452,787
Previous Owner Restored Homes Housing Development Fund $350,000
Previous Owner Advance Local Development Corp $352,750
Previous Owner Steuben Hill Management Corp $160,000
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 $12,545 $158,820 $7,200 $151,620
2024 $12,545 $127,620 $7,200 $120,420
2023 $11,967 $156,600 $7,200 $149,400
2022 $11,098 $171,600 $7,200 $164,400
2021 $11,037 $132,480 $7,200 $125,280
2020 $5,487 $160,620 $7,200 $153,420
2019 $608 $128,940 $7,200 $121,740
2018 $654 $49,105 $3,209 $45,896
2017 $974 $46,326 $4,776 $41,550
2016 $833 $43,704 $4,169 $39,535
2015 -- $43,704 $4,689 $39,015
2014 -- $43,376 $4,814 $38,562
Source: Public Records

Map

New York Kings County Brooklyn 11216 Bed-Stuy

412 Gates Ave, Brooklyn, NY

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes