NOT LISTED FOR SALE

551 Lorimer St Brooklyn, NY 11211

Williamsburg Neighborhood

Estimated Value: $2,219,000 - $2,776,000

-- Bed
-- Bath
2,886 Sq Ft
$859/Sq Ft Est. Value

About This Home

This home is located at 551 Lorimer St, Brooklyn, NY 11211 and is currently estimated at $2,480,166, approximately $859 per square foot. 551 Lorimer St is a home located in Kings County with nearby schools including P.S. 17 Henry D Woodworth, Success Academy Charter School-NYC 9, and Northside Charter High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2011
Sold by
Nunziata Joseph and Nunziata Susan
Bought by
Nunziata James and Nunziata Joann
Current Estimated Value
$2,480,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,500
Outstanding Balance
$337,694
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,142,472

Purchase Details

Closed on
May 17, 2001
Sold by
Developer Inc
Bought by
Simcha Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2001
Sold by
Fay Industries Corp
Bought by
Developer Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Nunziata James -- --
Nunziata James -- --
Simcha Developers Llc -- --
Simcha Developers Llc -- --
Developer Inc -- --
Developer Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunziata James $499,500
Closed Nunziata James $499,500
Previous Owner Simcha Developers Llc $2,700,000
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
2025 $8,434 $168,780 $4,320 $164,460
2024 $8,434 $164,520 $4,320 $160,200
2023 $8,464 $201,180 $4,320 $196,860
2022 $7,849 $185,100 $4,320 $180,780
2021 $7,806 $181,020 $4,320 $176,700
2020 $7,407 $138,600 $4,320 $134,280
2019 $7,320 $138,600 $4,320 $134,280
Source: Public Records

Map

New York Kings County Brooklyn 11211 Williamsburg

551 Lorimer St, Brooklyn, NY

Not Listed for Sale

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