896 Gates Ave Brooklyn, NY 11221
Bed-Stuy NeighborhoodEstimated Value: $1,366,000 - $1,811,000
Studio
--
Bath
2,800
Sq Ft
$568/Sq Ft
Est. Value
About This Home
This home is located at 896 Gates Ave, Brooklyn, NY 11221 and is currently estimated at $1,589,285, approximately $567 per square foot. 896 Gates Ave is a home located in Kings County with nearby schools including P.S. 309 George E. Wibecan Preparatory Academy, La Cima Charter School, and Brooklyn Excelsior Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 28, 2015
Sold by
Williams Sobrina
Bought by
896 Gates Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$477,193
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,112,092
Purchase Details
Closed on
Jan 27, 2004
Sold by
Bethel Prayer Ministries International (
Bought by
Williams Sobrina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 8, 1996
Sold by
Richardson Dorothy
Bought by
Budhai Sheila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,850
Interest Rate
7.75%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 896 Gates Llc | $830,000 | -- | |
| Williams Sobrina | $425,000 | -- | |
| Budhai Sheila | $142,000 | Commonwealth Land Title Ins | |
| Green Wendy | $205,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 896 Gates Llc | $600,000 | |
| Previous Owner | Williams Sobrina | $382,500 | |
| Previous Owner | Green Wendy | $202,850 |
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 | $4,221 | $105,360 | $21,660 | $83,700 |
| 2024 | $4,221 | $89,820 | $21,660 | $68,160 |
| 2023 | $4,043 | $86,880 | $21,660 | $65,220 |
| 2022 | $3,791 | $83,460 | $21,660 | $61,800 |
| 2021 | $2,854 | $91,560 | $21,660 | $69,900 |
| 2020 | $1,832 | $85,920 | $21,660 | $64,260 |
| 2019 | $3,664 | $76,080 | $21,660 | $54,420 |
| 2018 | $3,381 | $16,588 | $6,713 | $9,875 |
| 2017 | $3,226 | $15,823 | $7,286 | $8,537 |
| 2016 | $2,675 | $14,929 | $9,276 | $5,653 |
| 2015 | $1,581 | $14,596 | $10,217 | $4,379 |
| 2014 | $1,581 | $14,596 | $8,683 | $5,913 |
Source: Public Records
Map
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