NOT LISTED FOR SALE

Estimated Value: $473,000 - $636,000

2 Beds
1 Bath
-- Sq Ft
$499/mo HOA Fee

Last Sold November 29, 2020

Last sale price $605,000

Est. 13% decrease in value since last sale

Current estimated payment $3,844/month

2,067 Days on Market

Highlights

  • Pre War Building
  • 1-minute walk to 181 Street (1 Line)
  • Laundry Facilities
  • Entrance Foyer

About This Home

As of November 2020

Welcome to residence 506 comfortably perched in "The Belford". Easy to love and easy to live, enjoy a tranquil setting in this pet friendly, pre-war condo with a live in super, porter staff and building is also euipped with Amazon storage.

The home is pefectly sized. If you're looking for that cozy and loving charm, then no need to look any further! Quiet, airy and bright with the comfort of its' upgraded prewar style and flexible benefits of a condominium. This smartly layed out home is an ideal choice for sure!

This sweetheart of a home offers an open plan living/dining area, shared with a sizable windowed kitchen complete with island counter, stainless steel appliances, costum cabinets, it also has two good size bedrooms on opposite ends and great closet space. Did I mention the home boasts over 9 foot ceilings, charming wood floors and in-unit washer/dryer? Yes! all of this wrapped up in one amazing space!

The condominium is a conversion that started in 1990. To date it's about 80% +/- sold. Most units sold in the past seven years were sponsor owned that were tastefully transformed. All with new electrical wiring, plumbing, marble tiled bathrooms, gorgeous hardwood floors, boasting some awesome high ceilings ranging from over 9' to 13', walls were taken down to create open concept kitchens with eating island counters, custom cabinets with plenty of storage, pocket doors, paired with modern fixtures and reputable brand appliances and all homes equipped with European stackable washer/dryers. This is a wonderful opportunity for anyone looking for a solid investment with good appreciation. The location is spot on near all public transportation to downtown Manhattan. 'A' train ride to Columbus Circle is just 20 minutes. You have a myriad of mom and pop stores, trendy cafes and restaurants, farmers market, new supermarkets fully stocked with whole food and organic produce, parks, museums (Hispanic Society Museum & Library, Morris-Jumel Mansion and Cloisters Metropolitan Museum of Art). All of this in a well diverse community. Washington Heights is a very desired neighborhood rich in culture. It's wonderful in 'the Heights'.

Please note water is billed annually, approx $1,025..

Last Agent to Sell the Property

Ina Perez Walls

Compass License #10301210006 Listed on: 08/07/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,112

Year Built

  • Built in 1920

HOA Fees

  • $499 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Legal Lot and Block 7501 / 2164

Community Details

Overview

  • Washington Heights Subdivision
  • 6-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,112

Year Built

Built in 1920

Lot Details

0

HOA Fees

$499 per month

Listing Details

  • Cross Street: West 181st Street/West 182nd Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Washington Heights
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 499.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 6
  • Year Built: 1920

Tax Info

  • Tax Block: 2164
  • Tax Lot: 7501
  • Tax Annual: 5112.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Nov 20, 2020
Sold by
Shen Qi
Bought by
Matthews Clayton S and Matthews Randolph P
Seller's Agent
Ina Perez Walls
Compass
List Price
$605,000
Sold Price
$605,000
Current Estimated Value
$529,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,797
Avg. Annual Appreciation
-3.48%
Original Mortgage
$484,000
Outstanding Balance
$433,629
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$78,013

Purchase Details

Closed on
Jul 29, 2015
Sold by
Broadway 181 Realty Llc
Bought by
Shen Qi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 1998
Sold by
4260 Broadway Realty Co
Bought by
Araimo Deidre Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.89%
Mortgage Type
Seller Take Back
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
Matthews Clayton S $605,000 --
Shen Qi $400,000 --
Araimo Deidre Renee $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Clayton S $484,000
Previous Owner Shen Qi $320,000
Previous Owner Araimo Deidre Renee $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2020 11/29/20 Sold $605,000 0.0% --
10/02/2020 10/02/20 Pending -- -- --
02/03/2015 02/03/15 For Sale $605,000 -- --
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 $5,548 $45,710 $2,392 $43,318
2024 $5,548 $44,376 $2,392 $41,984
2023 $4,146 $43,611 $2,392 $41,219
2022 $3,815 $41,686 $2,392 $39,294
2021 $4,890 $39,859 $2,392 $37,467
2020 $3,968 $45,082 $2,392 $42,690
2019 $3,664 $44,202 $2,392 $41,810
2018 $4,293 $44,173 $2,392 $41,781
2017 $3,823 $36,436 $2,393 $34,043
2016 $3,660 $35,352 $2,393 $32,959
2015 $2,608 $27,308 $2,392 $24,916
2014 $2,608 $28,203 $2,392 $25,811
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10655967

Real Estate Board of New York (REBNY)

APN: 2164-1116