NOT LISTED FOR SALE

551 Lorimer St Brooklyn, NY 11211

Williamsburg Neighborhood

Estimated Value: $2,458,632 - $3,315,000

Studio
-- Bath
2,886 Sq Ft
$1,029/Sq Ft Est. Value

About This Home

This home is located at 551 Lorimer St, Brooklyn, NY 11211 and is currently estimated at $2,969,158, approximately $1,028 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2011
Sold by
Bought by
Current Estimated Value
$2,969,158

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
$332,587
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,636,571

Purchase Details

Closed on
May 17, 2001
Sold by
Bought by

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
Bought by
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $499,500
Closed $499,500
Previous Owner $2,700,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,434 $165,360 $4,320 $161,040
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

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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