NOT LISTED FOR SALE

560-562 7th Ave Unit 2B Brooklyn, NY 11215

South Slope Neighborhood

Estimated Value: $858,000 - $1,224,000

-- Bed
-- Bath
911 Sq Ft
$1,073/Sq Ft Est. Value

About This Home

This home is located at 560-562 7th Ave Unit 2B, Brooklyn, NY 11215 and is currently estimated at $977,227, approximately $1,072 per square foot. 560-562 7th Ave Unit 2B is a home located in Kings County with nearby schools including Magnet School of Math Science & Design Technology, Hellenic Classical Charter School - Park Slope, and Al-Noor School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Gail E Tate As Trustee Of and The Gail E Tate Revocable Trust
Bought by
Tate Gail E and Tate Jessica Elyse
Current Estimated Value
$977,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Outstanding Balance
$361,668
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$620,850

Purchase Details

Closed on
Feb 23, 2018
Sold by
Tate Gail E
Bought by
Gail E Tate Revocable Trust Dated June and Gail E Tate As Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,504
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2016
Sold by
Lazarus Gail and Lazarus Kenneth
Bought by
Lazarus Gail and Tate Gail

Purchase Details

Closed on
Jun 21, 2007
Sold by
Kings Seventh Avenue Llc
Bought by
Lazarus Gail and Lazarus Kenneth
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
Tate Gail E -- --
Gail E Tate Revocable Trust Dated June -- --
Lazarus Gail -- --
Lazarus Gail $505,986 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tate Gail E $397,000
Closed Gail E Tate Revocable Trust Dated June $91,504
Previous Owner Tate Gail E $6,478
Previous Owner Lazarus Gail $13,320
Previous Owner Lararus Gail $2,166
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 $152 $86,089 $10,957 $75,132
2024 $152 $91,824 $10,957 $80,867
2023 $152 $84,851 $10,957 $73,894
2022 $148 $76,167 $10,957 $65,210
2021 $147 $69,030 $10,957 $58,073
2020 $152 $78,560 $10,957 $67,603
2019 $152 $79,798 $10,957 $68,841
2018 $155 $72,454 $10,957 $61,497
2017 $155 $66,760 $10,957 $55,803
2016 $157 $58,302 $10,957 $47,345
2015 $122 $49,637 $10,956 $38,681
2014 $122 $57,680 $10,957 $46,723
Source: Public Records

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