NOT LISTED FOR SALE

494 Gates Ave Unit A Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,580,720 - $2,050,000

1 Bed
1 Bath
500 Sq Ft
$3,601/Sq Ft Est. Value

About This Home

This home is located at 494 Gates Ave Unit A, Brooklyn, NY 11216 and is currently estimated at $1,800,680, approximately $3,601 per square foot. 494 Gates Ave Unit A is a home located in Kings County with nearby schools including P.S. 305 Dr. Peter Ray, Brooklyn East Collegiate Charter School, and Unity Preparatory Charter School of Brooklyn.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2019
Sold by
Akther Firoja and Kalam Mohammad A
Bought by
Akther Firoja and Kalam Mohammad A
Current Estimated Value
$1,800,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,648
Outstanding Balance
$323,666
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,477,014
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Akther Firoja -- --
Akther Firoja $810,145 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akther Firoja $368,648
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 $1,322 $102,840 $12,120 $90,720
2024 $1,322 $81,240 $12,120 $69,120
2023 $1,501 $71,820 $12,120 $59,700
2022 $1,491 $58,800 $12,120 $46,680
2021 $1,519 $45,420 $12,120 $33,300
2020 $482 $45,960 $12,120 $33,840
2019 $0 $12,120 $12,120 $0
2018 $0 $2,605 $2,605 $0
2017 $0 $2,458 $2,458 $0
2016 $340 $2,320 $2,320 $0
2015 -- $2,211 $2,211 $0
2014 -- $2,211 $2,211 $0
Source: Public Records

Map

New York Kings County Brooklyn 11216 Bed-Stuy

494 Gates Ave Unit A, Brooklyn, NY

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