NOT LISTED FOR SALE

Estimated Value: $2,069,000 - $3,169,000

-- Bed
-- Bath
4,012 Sq Ft
$698/Sq Ft Est. Value

Last Sold November 30, 2012

Current estimated payment $16,568/month

178 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 125 Street (2,3 Line)
  • Laundry Facilities
  • Intercom

About This Home

As of November 2012

IN CONTRACT. From the moment you step into the entry hall, you will appreciate the attention to detail and quality craftsmanship of this customized home. Tastefully restored with modernized layouts, this townhouse is located on a sunny tree lined block within the proposed extension of the Mount Morris Park Historic District. The elegant brownstone facade boasts restored ornate Victorian details and south facing light throughout the day. The house was designed in the 1880s by well known firm Heins & La Farge, architects of the nearby Cathedral of Saint John the Divine and the original NYC subway system. Architect James Hadley oversaw a two year renovation completed in 2006. Recent upgrades include a 2-story building extension with chef kitchen and all new electrical wiring and mechanicals. Sophisticated small duct system by Unico efficiently distributes central heat and air conditioning without comprising ceiling heights. The dimensions of the building are 19 x 60 totaling 4,400 livable square feet, excluding the full cellar with plenty of storage space. The 4 story townhouse is comprised of an owner duplex on the 1st and 2nd floors, a garden floor 2-bedroom apartment and a 3rd floor 1-bedroom apartment. Currently the two rentals generate over $50,000 annual income. However, the 3rd floor unit could easily be incorporated to establish an owners triplex. Each apartment is separately metered for electric, domestic water and air conditioning. The dramatic parlor floor is ideal for entertaining. The living space, dining room and kitchen flow graciously to the exterior deck and lushly appointed garden. The windowed kitchen features custom wood cabinets, granite countertops, a commercial Wolf range and exhaust system, and Bosch stainless steel appliances. The 2nd floor master suite includes a spacious bedroom with 4 closets, 2 full baths, and 2 original fireplaces. An adjacent office/family room can easily be converted to a separate bedroom.

Co-Listed By

Robert Pair

Harlem Lofts Inc License #31PA1003506

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,055

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 18.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 4-Story Property
  • Intercom

Community Details

  • Mt. Morris Park Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 20 / 1907

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,055

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Cross Street: Lenox Avenue/Adam Clayton Powell Boulevard
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Mt. Morris Park
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Heating: Building Natural Gas

Lot Info

  • Lot Size Dimensions: 18.0 x 100.0

Building Info

  • Total Stories: 4
  • Year Built: 1880

Tax Info

  • Tax Block: 1907
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2012
Closed on
Dec 27, 2012
Sold by
Caplin Cynthia
Bought by
Lobenthal Nicholas W and Von Ferstel Alexandra F
Current Estimated Value
$2,800,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$937,090
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,863,177

Purchase Details

Closed on
Mar 7, 2003
Sold by
Warfield Chester A and Warfield Paulette
Bought by
Caplin Cynthia and Caplin Noah
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
Lobenthal Nicholas W $2,250,000 --
Caplin Cynthia $827,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lobenthal Nicholas W $1,350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold -- -- --
10/31/2012 10/31/12 Pending -- -- --
05/06/2012 05/06/12 For Sale -- -- --
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 $22,055 $109,810 $35,853 $73,957
2024 $22,055 $109,810 $48,720 $71,459
2023 $21,294 $104,850 $36,607 $68,243
2022 $20,453 $123,360 $52,140 $71,220
2021 $20,376 $132,540 $52,140 $80,400
2020 $19,370 $205,020 $52,140 $152,880
2019 $19,143 $200,160 $52,140 $148,020
2018 $17,811 $87,375 $22,918 $64,457
2017 $16,903 $82,921 $23,036 $59,885
2016 $15,639 $78,228 $27,500 $50,728
2015 $9,215 $73,800 $38,935 $34,865
2014 $9,215 $73,800 $46,717 $27,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10062078

Real Estate Board of New York (REBNY)

APN: 1907-0020