NOT LISTED FOR SALE

Estimated Value: $711,000 - $1,394,000

-- Bed
1 Bath
445 Sq Ft
1987 Built

Last Sold May 25, 2021

Last sale price $700,000 $1,573 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,383/month

Highlights

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

About This Home

As of May 2023

Get ready to come home every day to a remarkable private terrace, where you can escape from the fast-paced energy of New York City in this bright and airy alcove studio located in Chelsea. This residence boasts sun-drenched living spaces and a spacious open floor plan that seamlessly blends style and functionality. Step inside and be greeted by gleaming hardwood floors and freshly painted walls, adding to the home's modern and inviting vibe. With eastern and southern exposures, the natural light that streams into this apartment is simply unbeatable.

This recently renovated gem features a fully-equipped kitchen with top-of-the-line stainless-steel appliances, granite countertops, and plenty of cabinet space, making it the perfect place to prepare gourmet meals. The beautifully updated bathroom is a sanctuary in itself, complete with luxurious finishes that provide a spa-like experience.

With a desirable location, you'll enjoy easy access to some of the city's finest dining, shopping, and entertainment destinations. Don't miss out on the opportunity to make this incredible studio condo your own!

Last Agent to Rent the Property

Yimin Ge

Compass License #10301213790 Listed on: 04/26/2023

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,261

Year Built

  • Built in 1987

Home Design

  • Entry on the 8th floor

Interior Spaces

  • 1 Full Bathroom
  • 445 Sq Ft Home
  • Entrance Foyer
  • City Views

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Property Available on 6/1/23
  • 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

$8,261

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Owner Pays: All Utilities
  • Available Date: 2023-06-01

Listing Details

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

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 445.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Patio/Porch Features: Terrace

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

Listed on
Mar 5, 2021
Closed on
May 24, 2021
Sold by
Hoover Trustee Byron F
Bought by
Sun Tianhang
Seller's Agent
Glenn Norrgard
Sothebys International Realty
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Current Estimated Value
$895,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,344
Avg. Annual Appreciation
5.62%
Original Mortgage
$400,000
Outstanding Balance
$361,360
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$529,985

Purchase Details

Closed on
Feb 9, 2015
Sold by
Hoover Byron
Bought by
Byron F Hoover Living Trust and Byron F Hoover, Trustee

Purchase Details

Closed on
Nov 25, 2003
Sold by
Simha David
Bought by
Hoover Byron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2001
Sold by
Perlman Murray
Bought by
Simha David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.87%

Purchase Details

Closed on
Mar 5, 1999
Sold by
Lafauci Sylvia
Bought by
Perlman Murray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.83%

Purchase Details

Closed on
May 7, 1997
Sold by
Riley Debra A and Norcross Donna L
Bought by
Lafauci Sylvia

Purchase Details

Closed on
May 1, 1997
Sold by
Giannetto Joanne M and Giannetto Frank W
Bought by
Riley Debra A and Norcross Donna L
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
Sun Tianhang $700,000 --
Byron F Hoover Living Trust -- --
Hoover Byron $330,000 --
Simha David $310,000 First American Title Ins Co
Perlman Murray $174,000 Ticor Title Guarantee Compan
Lafauci Sylvia -- --
Riley Debra A $77,477 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Tianhang $400,000
Previous Owner Hoover Byron $264,000
Previous Owner Simha David $180,000
Previous Owner Perlman Murray $125,000
Closed Hoover Byron $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2023 05/24/23 Rented $3,800 0.0% --
04/27/2023 04/27/23 For Rent $3,800 0.0% --
05/25/2021 05/25/21 Sold $700,000 -3.4% $1,573 / Sq Ft View Prior Sale
04/09/2021 04/09/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $725,000 0.0% $1,629 / Sq Ft
07/11/2019 07/11/19 For Rent $3,300 -- --
07/11/2019 07/11/19 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 $8,261 $68,789 $9,260 $59,529
2024 $8,261 $66,079 $9,260 $56,819
2023 $6,577 $64,986 $9,260 $55,726
2022 $6,398 $63,381 $9,260 $54,121
2021 $7,579 $61,780 $9,260 $52,520
2020 $7,550 $68,476 $9,260 $59,216
2019 $7,326 $69,125 $9,260 $59,865
2018 $6,887 $66,708 $9,260 $57,448
2017 $6,252 $57,868 $9,260 $48,608
2016 $6,064 $52,167 $9,260 $42,907
2015 $3,003 $54,116 $9,260 $44,856
2014 $3,003 $47,495 $9,260 $38,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10849767

Real Estate Board of New York (REBNY)

APN: 0796-1030