NOT LISTED FOR SALE

623 Gates Ave Unit 1 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $970,000 - $1,413,000

3 Beds
2 Baths
2,150 Sq Ft
$586/Sq Ft Est. Value

About This Home

This home is located at 623 Gates Ave Unit 1, Brooklyn, NY 11221 and is currently estimated at $1,260,541, approximately $586 per square foot. 623 Gates Ave Unit 1 is a home located in Kings County with nearby schools including P.S. 44 Marcus Garvey, Unity Preparatory Charter School of Brooklyn, and The Co-Op School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2006
Sold by
Worrell Sophia
Bought by
Moore Michael
Current Estimated Value
$1,260,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$66,910
Interest Rate
6.33%
Estimated Equity
$1,193,631

Purchase Details

Closed on
Jul 29, 2004
Sold by
Reaves Shaun
Bought by
Worrell Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2002
Sold by
Parkside Inc
Bought by
Reaves Shaun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,925
Interest Rate
5.96%
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.

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
Moore Michael $600,000 --
Moore Michael $600,000 --
Worrell Sophia $400,000 --
Worrell Sophia $400,000 --
Reaves Shaun $353,886 --
Reaves Shaun $353,886 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Michael $120,000
Closed Moore Michael $120,000
Open Moore Michael $480,000
Closed Moore Michael $480,000
Previous Owner Worrell Sophia $320,000
Previous Owner Reaves Shaun $287,925
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 $8,278 $79,740 $11,820 $67,920
2024 $8,278 $80,100 $11,820 $68,280
2023 $7,896 $70,800 $11,820 $58,980
2022 $7,762 $71,940 $11,820 $60,120
2021 $7,825 $78,900 $11,820 $67,080
2020 $3,660 $93,420 $11,820 $81,600
2019 $6,892 $92,340 $11,820 $80,520
2018 $6,307 $32,400 $4,022 $28,378
2017 $6,305 $32,400 $6,345 $26,055
2016 $6,118 $32,156 $8,503 $23,653
2015 $3,467 $30,337 $9,013 $21,324
2014 $3,467 $28,620 $9,331 $19,289
Source: Public Records

Map

New York Kings County Brooklyn 11221 Bed-Stuy

623 Gates Ave Unit 1, 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
Your Personal Tour Guide

Ask me questions while you tour the home.