518 Lorimer St Unit Building Brooklyn, NY 11211
Williamsburg NeighborhoodEstimated Value: $1,991,234 - $2,490,000
Studio
3
Baths
2,100
Sq Ft
$1,045/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 $2,194,059, approximately $1,044 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 Northside 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
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
$1,229,212
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$964,847
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%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Popat Sudhir | $1,700,000 | -- | |
| 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
| 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 |
| 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
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