NOT LISTED FOR SALE

Estimated Value: $549,000 - $729,539

1 Bed
1 Bath
-- Sq Ft
$315/mo HOA Fee

Last Sold October 31, 2014

Last sale price $495,000

Est. 21% increase in value since last sale

Current estimated payment $3,448/month

100 Days on Market

About This Home

As of October 2014

Calling all cash buyers! Mint condition CONDO with extremely low monthly charges and 3 blocks to Central Park 110th Street. Nearby express transportation makes getting downtown a breeze. Now is your opportunity to invest in a newly constructed, affordable CONDO in Manhattan's hottest emerging area. With construction completed in 2011, the property boasts central A/C, hardwood floors, quality finishes, and yields a 5% cap rate. Building amenities include a virtual doorman, Wi-Fi Roofdeck with gas grill and view of Central Park. With 23 YEARS remaining on the TAX ABATEMENT and low common charges, this a fabulous investment or primary residence. With a new generation of students, professionals and new businesses flocking to the area, Northern Manhattan has become an especially attractive place, with its mix of culture, history and affordability. Book your private showing today!

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36

HOA Fees

  • $315 Monthly HOA Fees

Home Design

  • Entry on the 99th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Community Details

  • 12 Units
  • Lantern, The Condos
  • Harlem Subdivision
  • 6-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$36

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Cross Street: Lenox Ave/St. Nicholas Av
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: HARLEM
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 315.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: LANTERN, THE
  • Units: 12
  • Total Stories: 6

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Oct 31, 2014
Sold by
Jobe Olga B
Bought by
Between The Parks Llc
List Price
$475,000
Sold Price
$495,000
Premium/Discount to List
$20,000
4.21%
Current Estimated Value
$597,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,976
Avg. Annual Appreciation
2.06%

Purchase Details

Closed on
Jan 19, 2012
Sold by
The Lantern Condo Llc
Bought by
Jobe Olga B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,794
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Between The Parks Llc $495,000 --
Jobe Olga B $402,795 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jobe Olga B $383,794
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $495,000 +4.2% --
10/01/2014 10/01/14 Pending -- -- --
06/22/2014 06/22/14 For Sale $475,000 -- --
Source: Real Estate Board of New York (REBNY)

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 $36 $104,614 $11,595 $93,019
2024 $36 $98,393 $11,595 $86,798
2023 $36 $97,767 $11,595 $86,172
2022 $36 $93,055 $11,595 $81,460
2021 $36 $96,552 $11,595 $84,957
2020 $36 $105,424 $11,595 $93,829
2019 $36 $102,774 $11,595 $91,179
2018 $37 $99,166 $11,595 $87,571
2017 $37 $80,982 $11,595 $69,387
2016 $38 $73,105 $11,595 $61,510
2015 $29 $68,356 $11,595 $56,761
2014 $29 $64,381 $11,596 $52,785
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10079561

Real Estate Board of New York (REBNY)

APN: 1823-1203