NOT LISTED FOR SALE

Estimated Value: $498,810 - $746,000

2 Beds
1 Bath
647 Sq Ft
$511/mo HOA Fee

Last Sold January 15, 2014

Last sale price $545,000 $842 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,648/month

74 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Cathedral Parkway (110 Street) (A,B,C Line)
  • 1-minute walk to Electric Ladybug Garden
  • Laundry Facilities

About This Home

As of January 2014

Prime 2 Bedroom/1 Bath in The Park Central, a prewar boutique condominium. This charming apartment features 2 full bedrooms, open chef's kitchen with state of the art stainless steel appliances, windowed bath, 9' ceilings, cove moulding and brand new soundproofed hardwood floors. Enjoy all the features Central Harlem has to offer including proximity to both Central and Morningside Parks, all transportation, the newest clubs, and fine dining. J51 tax abatement until 2023. Pets are welcome.

Last Agent to Sell the Property

Nancy Simpson

Douglas Elliman Real Estate License #10301211893 Listed on: 10/01/2013

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1910

Lot Details

  • 4,443

HOA Fees

  • $511 Monthly HOA Fees

Home Design

  • 647 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Block 1826

Community Details

Overview

  • The Park Central Condos
  • Harlem Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,800

Year Built

Built in 1910

Lot Details

0

HOA Fees

$511 per month

Listing Details

  • Cross Street: W 111 St. & Frederic Douglass
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: HARLEM
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 647.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 511.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: The Park Central
  • Year Built: 1910

Tax Info

  • Tax Block: 1826
  • Tax Annual: 1800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2013
Closed on
Jan 15, 2014
Sold by
Becker Lee
Bought by
Lyons Michael Patrick
Seller's Agent
Nancy Simpson
Douglas Elliman Real Estate
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Current Estimated Value
$649,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,203
Avg. Annual Appreciation
1.54%

Purchase Details

Closed on
Sep 24, 2007
Sold by
220 West 111Th Street Llc % Tahl Propp
Bought by
Becker Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,800
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Lyons Michael Patrick $545,000 --
Lyons Michael Patrick $545,000 --
Becker Lee $486,000 --
Becker Lee $486,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Becker Lee $388,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $545,000 -5.2% $842 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
10/02/2013 10/02/13 For Sale $575,000 -- $889 / Sq Ft
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
2024 $6,418 $51,338 $5,014 $46,324
2023 $4,765 $50,126 $5,014 $45,112
2022 $6,072 $49,912 $5,014 $44,898
2021 $5,729 $46,702 $5,014 $41,688
2020 $5,657 $51,732 $5,014 $46,718
2019 $4,274 $50,574 $5,014 $45,560
2018 $4,569 $49,217 $5,014 $44,203
2017 $4,075 $39,983 $5,014 $34,969
2016 $3,828 $35,266 $5,014 $30,252
2015 $1,683 $28,150 $5,014 $23,136
2014 $1,683 $27,025 $5,015 $22,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10470756

Real Estate Board of New York (REBNY)

APN: 1826-1111