NOT LISTED FOR SALE

518 Lorimer St Unit Building Brooklyn, NY 11211

Williamsburg Neighborhood

Estimated Value: $1,719,000 - $2,257,000

-- Bed
3 Baths
2,100 Sq Ft
$985/Sq Ft Est. Value

About This Home

This home is located at 518 Lorimer St Unit Building, Brooklyn, NY 11211 and is currently estimated at $2,069,398, approximately $985 per square foot. 518 Lorimer St Unit Building is a home located in Kings County with nearby schools including P.S. 132 The Conselyea School, Success Academy Charter School-NYC 9, and MESA Charter High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Tabala Timothy
Bought by
Popat Sudhir and Smith Douglas J
Current Estimated Value
$2,069,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Outstanding Balance
$1,234,555
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$834,843

Purchase Details

Closed on
Nov 12, 1998
Sold by
Masessa Edward
Bought by
Tabala Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
6.74%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Popat Sudhir $1,700,000 --
Popat Sudhir $1,700,000 --
Tabala Timothy $74,000 First American Title Ins Co
Tabala Timothy -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Popat Sudhir $1,360,000
Closed Popat Sudhir $1,360,000
Previous Owner Tabala Timothy $129,500
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 $5,360 $101,760 $16,260 $85,500
2024 $5,360 $111,780 $16,260 $95,520
2023 $5,114 $115,560 $16,260 $99,300
2022 $5,027 $120,480 $16,260 $104,220
2021 $5,259 $131,220 $16,260 $114,960
2020 $3,944 $136,440 $16,260 $120,180
2019 $4,653 $136,440 $16,260 $120,180
2018 $4,277 $20,983 $2,508 $18,475
2017 $4,277 $20,983 $3,957 $17,026
2016 $4,163 $20,824 $5,259 $15,565
2015 $2,387 $19,646 $7,438 $12,208
2014 $2,387 $18,535 $5,967 $12,568
Source: Public Records

Map

New York Kings County Brooklyn 11211 Williamsburg

518 Lorimer St Unit Building, Brooklyn, NY

This home is located at 518 Lorimer St Unit Building, Brooklyn, NY 11211 and is currently estimated at $2,069,398, approximately $985 per square foot. 518 Lorimer St Unit Building is a home located in Kings County with nearby schools including P.S. 132 The Conselyea School, Success Academy Charter School-NYC 9, and MESA Charter High School.

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