NOT LISTED FOR SALE

490 Lorimer St Unit 1 B Brooklyn, NY 11211

Williamsburg Neighborhood

Estimated Value: $865,000 - $867,000

-- Bed
2 Baths
718 Sq Ft
$1,206/Sq Ft Est. Value

About This Home

This home is located at 490 Lorimer St Unit 1 B, Brooklyn, NY 11211 and is currently estimated at $866,000, approximately $1,206 per square foot. 490 Lorimer St Unit 1 B is a home located in Kings County with nearby schools including P.S. 132 The Conselyea School and Bnos Chayil.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Hesy Diamond Llc
Bought by
Powell Michael
Current Estimated Value
$866,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$591,871
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$349,302
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
Powell Michael $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Michael $595,000
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
2024 $8,599 $68,782 $16,614 $52,168
Source: Public Records

Map

New York Kings County Brooklyn 11206 Williamsburg

490 Lorimer St Unit 1 B, Brooklyn, NY

This home is located at 490 Lorimer St Unit 1 B, Brooklyn, NY 11211 and is currently estimated at $866,000, approximately $1,206 per square foot. 490 Lorimer St Unit 1 B is a home located in Kings County with nearby schools including P.S. 132 The Conselyea School and Bnos Chayil.

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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