NOT LISTED FOR SALE

Estimated Value: $710,000 - $768,000

2 Beds
2 Baths
1,413 Sq Ft
$516/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $635,000 $449 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,655/month

69 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • End Unit
  • Property is near public transit
  • 1 Fireplace
  • 4-minute walk to Hawkins Park

About This Home

As of March 2022

Welcome to "On The Sound". A private gated, waterfront community located in the sought after area of City Island offering great restaurants, shopping and outdoor recreation. This light filled ground level no step unit features two bedrooms and two bathrooms with an open layout and 11' ceilings. A warm and inviting gas fireplace encompasses this entertaining space while double doors lead to a private patio and yard. State of the art kitchen showcases custom white maple wood cabinetry along with Caesarstone counters and GE stainless steel appliances. The master bedroom suite encompasses two large closets with custom built ins and an expansive master bath with carrera white marble and double sink vanity. The remaining bedroom is nice sized and has access to the hall bathroom. Pantry and laundry in unit. This new development offers a private garage, clubhouse with fitness center and party room along with an in ground heated pool. True resort living at its best!

Last Agent to Sell the Property

Clarissa Rosado

William Raveis Real Estate License #40RO1047398 Listed on: 11/14/2021

William Raveis Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,431

Year Built

  • Built in 2018

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $501 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Blown-In Insulation
  • HardiePlank Type

Interior Spaces

  • 1,413 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Wood Flooring
  • No Attic
  • Eat-In Kitchen
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • ADA Compliant
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 05643-1107

Community Details

Overview

  • Association fees include ground maintenance, exterior maintenance, snow removal, trash, sewer
  • Stillman Association
  • On The Sound Subdivision
  • On The Sound Community

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,431

Year Built

Built in 2018

Lot Details

0

HOA Fees

$501 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Townhouse
  • Property SubType: Condominium
  • Levels: One
  • Subdivision Name: On The Sound
  • Development Name: On The Sound
  • Accessibility Features: ADA Access
  • Year Built: 2018
  • Attribution Contact: 914-723-1331
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Entrance Foyer, Master Bath, Pantry
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Attic Description: None
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: None
  • Stories: 1
  • Entry Level: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 1413.00
  • Square Footage: 1413.00

Exterior Features

  • Construction Materials: Blown-In Insulation, HardiPlank Type

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Laundry Features: In Unit
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Snow Removal, Trash, Sewer
  • Management: Stillman
  • Association Amenities: Gated
  • Association Fee: 501.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Association/Amenities

  • Community Features: Pool, Trash Collection, Gated

Fee Information

  • Additional Fee: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Location Description: End
  • Lot Features: Near Public Transit
  • Parcel Number: 05643-1107
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Pets Allowed: Yes
  • Renting Allowed: Yes

Tax Info

  • Close Date: 2022-03-24
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 3431.00
  • Tax Map Number: 05643-1107

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2021
Closed on
Mar 23, 2022
Sold by
Chen Gong
Bought by
Franzone Adam
Seller's Agent
Clarissa Rosado
William Raveis Real Estate
List Price
$715,000
Sold Price
$635,000
Premium/Discount to List
-$80,000
-11.19%
Current Estimated Value
$728,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,497
Avg. Annual Appreciation
3.68%
Original Mortgage
$476,250
Outstanding Balance
$447,402
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,585

Purchase Details

Closed on
Nov 27, 2018
Sold by
City Island Reserve Llc
Bought by
Chen Gong
Source: Public Records

Range of Values:

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Average Value
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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
Franzone Adam $635,000 --
Chen Gong $537,636 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzone Adam $476,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold $635,000 -11.2% $449 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
11/14/2021 11/14/21 For Sale $715,000 -- $506 / Sq Ft
Source: OneKey® MLS

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 $3,679 $19,417 $2,420 $16,997
2024 $3,679 $18,318 $2,720 $15,598
2023 $3,510 $17,281 $2,968 $14,313
2022 $3,255 $16,303 $3,271 $13,032
2021 $0 $16,304 $3,271 $13,033
2020 $3,451 $16,303 $3,271 $13,032
2019 $3,320 $15,869 $3,271 $12,598
2017 $2,963 $14,537 $3,243 $11,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6154368

OneKey® MLS

APN: 05643-1107