NOT LISTED FOR SALE

541 Gates Ave Unit 8 Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $740,000 - $951,718

Studio
-- Bath
924 Sq Ft
$888/Sq Ft Est. Value

About This Home

This home is located at 541 Gates Ave Unit 8, Brooklyn, NY 11216 and is currently estimated at $820,930, approximately $888 per square foot. 541 Gates Ave Unit 8 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
Aug 27, 2024
Sold by
Johnson Barbara
Bought by
Mitchell Jennifer and Raphael Jordan
Current Estimated Value
$820,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2009
Sold by
539 Gates Llc
Bought by
Johnson Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,656
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage
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.

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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

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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
Mitchell Jennifer $777,000 --
Johnson Barbara $250,000 --
Johnson Barbara $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Jennifer $616,000
Previous Owner Johnson Barbara $241,656
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 $1,108 $31,795 $2,609 $29,186
2024 $1,108 $36,550 $2,609 $33,941
2023 $1,120 $44,848 $2,609 $42,239
2022 $1,101 $41,347 $2,609 $38,738
2021 $1,161 $39,294 $2,609 $36,685
2020 $577 $34,304 $2,609 $31,695
2019 $1,154 $29,827 $2,609 $27,218
2018 $1,124 $21,082 $1,608 $19,474
2017 $1,124 $20,628 $1,698 $18,930
2016 $1,103 $19,461 $1,962 $17,499
2015 $753 $18,360 $2,272 $16,088
2014 $753 $17,569 $2,609 $14,960
Source: Public Records

Map

New York Kings County Brooklyn 11216 Bed-Stuy

541 Gates Ave Unit 8, Brooklyn, NY

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.

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