NOT LISTED FOR SALE

Estimated Value: $857,000 - $963,000

1 Bed
1 Bath
576 Sq Ft
1987 Built

Highlights

  • City View
  • 2-minute walk to 18 Street
  • Entrance Foyer
  • P.S. 11 Sarah J. Garnet School Rated A
  • Balcony
  • 1-minute walk to Chelsea Green

About This Home

As of July 2022

You will love living here. A wonderfully renovated unit with a large balcony in prime Chelsea. Meticulously renovated with a beautiful open kitchen, this bright and sun-flooded large one bedroom has an iconic NYC view that speaks to any true New Yorker. No lights needed throughout the day. The kitchen boasts high-end appliances and quartz countertops. The best part? Your own balcony with a view large enough for two chairs and a table for your morning coffee and alfresco dining.

The Atrium is a 45-unit boutique condo building in the heart of Chelsea, with 24-hour doorman and bike storage. Both the building and the apartment exemplify the notion of retreating to your own serenity in the middle of a hustle and bustle neighborhood. Chelsea is home to countless restaurants, bars, galleries, and other cultural institutions. You are also blocks away from the Highline, Union Square and Madison Square Park.

Last Agent to Rent the Property

Yimin Ge

Compass License #10301213790 Listed on: 06/22/2022

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,613

Year Built

  • Built in 1987

Home Design

  • Entry on the 8th floor

Interior Spaces

  • 576 Sq Ft Home
  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Property Available on 7/10/22
  • The owner pays for all utilities
  • Legal Lot and Block 7501 / 796

Community Details

Overview

  • Chelsea Subdivision
  • 15-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,613

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Owner Pays: All Utilities
  • Available Date: 2022-07-10

Listing Details

  • Cross Street: West 20th Street/West 21st Street
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Chelsea
  • Entry Level: 8
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 576.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 15
  • Year Built: 1987

Tax Info

  • Tax Block: 796
  • Tax Lot: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2023
Sold by
Sheth Aruna and Sheth Bijal
Bought by
Sheth Aruna and Sheth Bijal
Current Estimated Value
$905,257

Purchase Details

Closed on
Jul 21, 2006
Sold by
Terry Heath
Bought by
Sheth Aruna and Sheth Bijal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$247,836
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$657,421

Purchase Details

Closed on
Sep 24, 2002
Sold by
Song Douglas
Bought by
Terry Heath

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1997
Sold by
Sherman Richard and The Richard Sherman Revocable Trust
Bought by
Song Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1996
Sold by
Sherman Richard
Bought by
Sherman Richard and Richard Sherman Revocable Trust
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
Sheth Aruna -- --
Sheth Aruna -- --
Sheth Aruna $660,000 --
Sheth Aruna $660,000 --
Terry Heath -- --
Terry Heath -- --
Song Douglas $255,000 Title Service Nationwide
Song Douglas $255,000 Title Service Nationwide
Sherman Richard -- First American Title Ins Co
Sherman Richard -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheth Aruna $417,000
Closed Sheth Aruna $417,000
Previous Owner Terry Heath $452,000
Previous Owner Song Douglas $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Rented $4,800 0.0% --
06/22/2022 06/22/22 Price Changed $4,800 0.0% $8 / Sq Ft
06/22/2022 06/22/22 For Rent $4,800 0.0% --
03/20/2019 03/20/19 For Rent $4,800 -- --
03/20/2019 03/20/19 Rented -- -- --
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 $10,613 $88,371 $11,896 $76,475
2024 $10,613 $84,888 $11,896 $72,992
2023 $10,241 $83,484 $11,896 $71,588
2022 $9,962 $81,421 $11,896 $69,525
2021 $9,736 $79,365 $11,896 $67,469
2020 $9,699 $87,967 $11,896 $76,071
2019 $9,411 $88,800 $11,896 $76,904
2018 $8,847 $85,695 $11,895 $73,800
2017 $7,742 $74,339 $11,896 $62,443
2016 $7,486 $67,015 $11,896 $55,119
2015 $3,908 $69,519 $11,896 $57,623
2014 $3,908 $61,014 $11,896 $49,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10781738

Real Estate Board of New York (REBNY)

APN: 0796-1029