NOT LISTED FOR SALE

Estimated Value: $829,559 - $1,043,000

2 Beds
2 Baths
1,040 Sq Ft
$753/mo HOA Fee

Last Sold January 18, 2023

Last sale price $849,000 $816 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,356/month

31 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 116 Street (2,3 Line)
  • 2-minute walk to A. Philip Randolph Square

About This Home

As of January 2023

Excellent value in a charming 2 bedroom, 2 bath condo nestled in vibrant South-West Harlem. Features of the apartment include newly refinished wood flooring, ducted central ac and heat and large windows with Western exposures. With this 1,040 sf home you are welcomed inside by a long gallery wall that offers exceptional space for artwork. An exposed brick wall and arched window overlooking trees in the living/dining area adds a ton of character to the graciously-sized open space, making it ideal for entertaining and relaxing.

The kitchen has a large eat-in island, stainless steel appliances, beautiful glass backsplash and granite countertops.

The en-suite master bedroom accommodates a king-sized bed, provides ample closet space and is easily furnished for your comfort. The sizeable second bedroom is a flexible space that could easily transition into a home office and is conveniently separated from the great room and master bedroom for privacy.

The Morellino at 159 West 118th Street is a boutique building that includes a fitness center, common outdoor rooftop, children's playroom, a virtual doorman system and a reception area/lobby. Located by a number of public transportation options, incredible restaurants, nightlife and shops this home is ideally located and becomes a peaceful retreat from the hustle and bustle of NYC.

Last Agent to Sell the Property

Whitney Osentoski

Brown Harris Stevens Residential Sales LLC License #40OS1071061 Listed on: 09/29/2022

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,760

Year Built

  • Built in 2011

Lot Details

  • 10,542

HOA Fees

  • $753 Monthly HOA Fees

Home Design

  • 1,040 Sq Ft Home
  • Pre War Building
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 35 Units
  • The Morellino Condos
  • Harlem Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 01903

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,760

Year Built

Built in 2011

Lot Details

0

HOA Fees

$753 per month

Listing Details

  • Cross Street: LENOX AVENUE and ADAM CLAYTON POWELL JR BOULEVARD
  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Harlem
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1040.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 753.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE MORELLINO
  • Units: 35
  • Total Stories: 6
  • Year Built: 2011

Tax Info

  • Tax Block: 01903
  • Tax Annual: 8760.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
Rasini Dominic M
Bought by
Dominic Martin Rasini As Trustee and The Revocable Trust Of Dominic Martin Ra
Current Estimated Value
$924,640

Purchase Details

Listed on
Sep 29, 2022
Closed on
Jan 18, 2023
Sold by
Jiang Zheng
Bought by
Rasini Dominic Martin
Seller's Agent
Whitney Osentoski
Brown Harris Stevens Residential Sales LLC
List Price
$849,000
Sold Price
$849,000
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$636,750
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2015
Sold by
Nemeth Joachim
Bought by
Jiang Zheng

Purchase Details

Closed on
Mar 20, 2014
Sold by
Gaia 118Th Street Llc
Bought by
Jiang Zheng and Nemeth Joachim
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
Dominic Martin Rasini As Trustee -- --
Rasini Dominic Martin $849,000 --
Jiang Zheng -- --
Jiang Zheng $741,286 --
Jiang Zheng $741,286 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rasini Dominic Martin $636,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2023 01/18/23 Sold $849,000 0.0% $816 / Sq Ft
01/01/2023 01/01/23 Off Market $849,000 -- --
11/01/2022 11/01/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $849,000 0.0% $816 / Sq Ft
12/21/2020 12/21/20 Rented -- -- --
09/25/2020 09/25/20 For Rent $3,100 -- --
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 $8,398 $71,182 $6,635 $64,547
2024 $8,398 $67,175 $6,635 $60,540
2023 $9,157 $74,648 $6,635 $68,013
2022 $8,765 $81,932 $6,635 $75,297
2021 $9,592 $80,533 $6,635 $73,898
2020 $9,227 $90,605 $6,635 $83,970
2019 $8,540 $87,819 $6,635 $81,184
2018 $8,195 $84,608 $6,635 $77,973
2017 $8,743 $74,657 $6,635 $68,022
2016 $7,747 $71,019 $6,634 $64,385
2015 $398 $59,305 $6,635 $52,670
2014 $398 $55,716 $6,635 $49,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10820946

Real Estate Board of New York (REBNY)

APN: 1903-1311