NOT LISTED FOR SALE

Estimated Value: $532,000 - $693,000

1 Bed
1 Bath
852 Sq Ft
$577/mo HOA Fee

Last Sold November 01, 2019

Last sale price $650,000 $763 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,930/month

74 Days on Market

Highlights

  • South Facing Home
  • 5-minute walk to Harlem-125Th Street Station
  • 1-minute walk to Collyer Brothers Park

About This Home

As of November 2019

Lovely, Spacious (852sf) one bedroom at the boutique Madison Condominium in East Harlem. This wonderful home is located on the ground floor of this small boutique friendly community of owners. The large master suite includes a separate dressing area the size of a small second bedroom. The kitchen boasts granite counters, hardwood floors, cherry wood cabinets, crown molding. The appliances (dishwasher, refrigerator, microwave, oven) are stainless steel. The bathtub is a Jacuzzi tub, which is great for relaxing and unwinding after a busy day. The home has great closet space including two very large and spacious closets in the dressing area, a large entry closet and a linen closet. The building has a shared garden courtyard in the rear of the complex (great for entertaining and grilling!) and a rooftop where you can casually catch sunrise or sunset. Laundry machines are located in the basement. There is also access to a separate storage space. It is centrally located a short 5 minute walk to all of the major trains 2,3,4,5,6 and Metro North at 128th and Madison. Major retail and great restaurants located nearby! You will love it here!!! Please note that there is a monthly assessment for major capital work of $146.25 per month through 2021. These upgrades are desigend to enhance the building and add value to the building.The building has a 25-year 421A tax abatement that runs through 2032.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $156

Year Built

  • Built in 2006

Lot Details

  • 2,004

HOA Fees

  • $577 Monthly HOA Fees

Home Design

  • 852 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Washer Dryer Allowed
  • South Facing Home

Community Details

  • 12 Units
  • The Madison Condos
  • East Harlem Subdivision

Listing and Financial Details

  • Tax Block 01753

Property Details

Home Type

Condominium

Est. Annual Taxes

$156

Year Built

Built in 2006

Lot Details

0

HOA Fees

$577 per month

Listing Details

  • Cross Street: Madison and Fifth Aven.
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Harlem
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 852.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 577.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE MADISON
  • Units: 12
  • Year Built: 2006

Tax Info

  • Tax Block: 01753
  • Tax Annual: 156.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Nov 1, 2019
Sold by
Ruiz Brittany and Simpson James
Bought by
Nepotu Tatiana
List Price
$685,000
Sold Price
$650,000
Premium/Discount to List
-$35,000
-5.11%
Current Estimated Value
$630,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,893
Avg. Annual Appreciation
-0.52%
Original Mortgage
$520,000
Outstanding Balance
$457,921
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,186

Purchase Details

Listed on
Apr 6, 2016
Closed on
Nov 3, 2016
Sold by
Saint-Victor Nick
Bought by
Ruiz Brittany and Simpson James
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$538,650
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2006
Sold by
23 East 128Th Street Llc
Bought by
Saint-Victor Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,750
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Nepotu Tatiana $650,000 --
Ruiz Brittany $598,500 --
Saint-Victor Nick $441,090 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nepotu Tatiana $520,000
Previous Owner Ruiz Brittany $538,650
Previous Owner Saint-Victor Nick $369,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2019 11/01/19 Sold $650,000 -5.1% $763 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $685,000 +17.1% $804 / Sq Ft
11/03/2016 11/03/16 Sold $585,000 -2.3% $585 / Sq Ft View Prior Sale
10/04/2016 10/04/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $599,000 -- $599 / 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 $145 $65,056 $5,371 $59,685
2024 $145 $61,202 $5,371 $55,831
2023 $143 $57,568 $5,371 $52,197
2022 $142 $50,238 $5,371 $44,867
2021 $143 $49,132 $5,371 $43,761
2020 $145 $55,735 $5,371 $50,364
2019 $147 $54,029 $5,371 $48,658
2018 $148 $44,456 $5,372 $39,084
2017 $148 $37,694 $5,371 $32,323
2016 $150 $31,628 $5,371 $26,257
2015 $117 $27,836 $5,371 $22,465
2014 $117 $26,225 $5,372 $20,853
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10020955

Real Estate Board of New York (REBNY)

APN: 1753-1001