NOT LISTED FOR SALE

Estimated Value: $489,000 - $788,000

-- Bed
1 Bath
571 Sq Ft
$463/mo HOA Fee

Last Sold July 22, 2019

Last sale price $470,000 $823 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,721/month

97 Days on Market

Highlights

  • City View
  • 4-minute walk to 110 Street (4,6 Line)
  • Community Garden
  • P.S. 83 Luis Munoz Rivera Rated A-
  • Terrace
  • 5-minute walk to Poor Richards Playground

About This Home

As of July 2019

This must-see gem is one of the most unique studios in East Harlem. Previously owned and designed by architects, this unit has been featured in multiple articles including in the New York Times.

With a rare tax abatement through 2031 and a deeded storage unit included (23 sq. ft), this stunning 571 sq. ft studio is outfitted with architectural touches throughout. Equipped with a custom designed sleeping loft and raised ceiling over the loft area, this unit also boasts tailor-made steps to the loft that double as additional storage. Wide plank maple flooring, a large walk-in closet, and 10-foot ceilings round out this exceptional space.

The large well-appointed kitchen boasts a breakfast bar, granite countertops, deep sink, an abundance of cabinets, and stainless-steel appliances. The refrigerator, dishwasher, and range are brand new. Additional features include a roomy marble bathroom, extra deep bath, independently controlled heating and a/c, and a 60 sq. ft balcony.

Building Amenities Include:

- Dual-entry video security system

- Elevator

- Laundry facility

- Common garden & BBQ area

- Full-time super

- Recently renovated common areas with high-end finishes

- Storage unit included

- Bike room

- Pet friendly building

This unit is conveniently located four blocks to Central Park and Museum Mile. Two blocks from the 6 train, five blocks to the 2/3 express trains, and also near MetroNorth. You will enjoy shopping at the expansive East River Shopping Center minutes away where you?ll find Costco, Target, Starbucks, Old Navy, Marshall?s, Aldi, Planet Fitness, and more. You?ll find nearby classic local restaurants (Amor Cubano, Rao?s, Ricardo Steak House, El Paso Mexican Restaurant, Patsy's), and cafes (Bosie Tea & Bakery, Dear Mama Coffee, Savoy Bakery). The blossoming neighborhood makes this unit in the coveted Roosevelt Lane Condominiums a fantastic investment, and a stunning place to call home.

Last Agent to Sell the Property

Reggie Douglas

R New York License #10401268670 Listed on: 02/18/2019

R New York

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $168

Year Built

  • Built in 2004

Lot Details

  • 5,053

HOA Fees

  • $463 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

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

Additional Features

  • Terrace
  • North Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 1661

Community Details

Overview

  • Roosevelt Lane Condominium Condos
  • East Harlem Subdivision
  • 7-Story Property

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$168

Year Built

Built in 2004

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Cross Street: Third Avenue/Second Avenue
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Harlem
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 571.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Garden
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 463.0
  • 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
  • Building Name: Roosevelt Lane Condominium
  • Total Stories: 7
  • Year Built: 2004

Tax Info

  • Tax Block: 1661
  • Tax Lot: 7501
  • Tax Annual: 168.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Jul 22, 2019
Sold by
Arndt Sylvianna
Bought by
Shao Ziyun
Seller's Agent
Reggie Douglas
R New York
List Price
$470,000
Sold Price
$470,000
Current Estimated Value
$609,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,664
Avg. Annual Appreciation
4.27%
Original Mortgage
$220,000
Outstanding Balance
$192,740
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$416,924

Purchase Details

Closed on
Oct 15, 2013
Sold by
Brumder Kathleen K and Pereira Jorge F
Bought by
Arndt Sylvianna

Purchase Details

Closed on
Feb 4, 2010
Sold by
Brumder Kathleen K
Bought by
Brumder Kathleen K and Pereira Jorge F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2005
Sold by
Hse Realty Llc
Bought by
Brumder Kathleen K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shao Ziyun $470,000 --
Arndt Sylvianna $380,000 --
Arndt Sylvianna $380,000 --
Brumder Kathleen K -- --
Brumder Kathleen K -- --
Brumder Kathleen K $290,612 --
Brumder Kathleen K $290,612 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shao Ziyun $220,000
Previous Owner Brumder Kathleen K $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2019 07/22/19 Sold $470,000 0.0% $823 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $470,000 +23.7% $823 / Sq Ft
05/06/2014 05/06/14 Sold -- -- -- View Prior Sale
04/06/2014 04/06/14 Pending -- -- --
05/07/2013 05/07/13 For Sale $380,000 -- $664 / 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
2025 $161 $92,965 $3,484 $89,481
2024 $161 $89,996 $3,484 $86,512
2023 $161 $83,404 $3,484 $79,920
2022 $157 $82,358 $3,484 $78,874
2021 $158 $80,546 $3,484 $77,062
2020 $160 $87,961 $3,484 $84,477
2019 $161 $90,261 $3,484 $86,777
2018 $163 $87,111 $3,484 $83,627
2017 $163 $76,310 $3,485 $72,825
2016 $166 $76,156 $3,484 $72,672
2015 $129 $67,807 $3,484 $64,323
2014 $129 $64,895 $3,485 $61,410
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10540472

Real Estate Board of New York (REBNY)

APN: 1661-1016