283 S 5th St Brooklyn, NY 11211
Williamsburg NeighborhoodEstimated Value: $1,465,000
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                5,349
                Sq Ft
            
            
                
                    $274/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 283 S 5th St, Brooklyn, NY 11211 and is currently priced at $1,465,000, approximately $273 per square foot. 283 S 5th St is a home located in Kings County with nearby schools including P.S. 319, Williamsburg Collegiate Charter School, and Success Academy Williamsburg.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Mar 9, 2023
            
        
                Sold by
            
            
                283 South Fifth Street Llc
            
        
                Bought by
            
            
                Marcy Corner 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
            
            
                $1,850,000
            
        
                Outstanding Balance
            
            
                $1,791,816
            
        
                Interest Rate
            
            
                6.12%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Feb 3, 2006
            
        
                Sold by
            
            
                Downer William
            
        
                Bought by
            
            
                283 South Fifth Street Llc
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Marcy Corner Llc | $1,350,000 | -- | |
| Marcy Corner Llc | $1,350,000 | -- | |
| 283 South Fifth Street Llc | -- | -- | |
| 283 South Fifth Street Llc | -- | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Marcy Corner Llc | $1,850,000 | |
| Closed | Marcy Corner Llc | $1,850,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $9,382 | $499,500 | $127,800 | $371,700 | 
| 2024 | $9,382 | $468,720 | $127,800 | $340,920 | 
| 2023 | $8,476 | $390,600 | $127,800 | $262,800 | 
| 2022 | $5,907 | $458,100 | $127,800 | $330,300 | 
| 2021 | $7,312 | $508,500 | $127,800 | $380,700 | 
| 2020 | $3,595 | $556,200 | $127,800 | $428,400 | 
| 2019 | $7,280 | $565,380 | $127,800 | $437,580 | 
| 2018 | $6,802 | $53,478 | $14,506 | $38,972 | 
| 2017 | $6,298 | $49,519 | $15,609 | $33,910 | 
| 2016 | $5,911 | $45,852 | $18,061 | $27,791 | 
| 2015 | $3,838 | $45,852 | $21,667 | $24,185 | 
| 2014 | $3,838 | $44,404 | $23,012 | $21,392 | 
                Source: Public Records
                    
            
        Map
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