NOT LISTED FOR SALE

Estimated Value: $817,000 - $994,767

3 Beds
2 Baths
1,414 Sq Ft
0.35 Acres

Last Sold May 19, 2023

Last sale price $1,037,500 $734 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $5,689/month

Highlights

  • 15,138 Sq Ft lot
  • Eat-In Kitchen
  • South Facing Home
  • Community Garden
  • Garden
  • 2-minute walk to Poor Richards Playground

About This Home

As of August 2023

This sun drenched duplex loft apartment at the Magnolia Mansion Lofts offers 14 ft. high ceilings, south-west facing oversized windows, washer/dryer in unit, hardwood floors and over 1,400 +/- square feet of living space. The modern kitchen with an island features granite counters, kitchen aid appliances and a pantry looking onto an expansive living and dining area ideal for entertaining. There is space for 3 bedrooms on the second floor and a nook for the home office on the first floor. The second floor has a spacious master bedroom adjacent to the bathroom equipped with a washer and dryer.

The Magnolia Mansion Lofts offer shared outdoor space, video intercoms, rooftop and a super. The building is located within walking distance of the subway and major transportation, Museum Mile, and restaurants. Service pets are permitted. Available for immediate occupancy.

Please EMAIL listing agent for showings.

Represents current apartment configuration, which may not conform to official legal documentation. Tenants should consult with their legal or architectural professionals to determine legal use parameters.

Last Agent to Rent the Property

Mae Bagai

Sothebys International Realty License #10301212420 Listed on: 05/23/2023

Sothebys International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,580

Year Built

  • Built in 1889

Lot Details

  • South Facing Home
  • Garden

Home Design

  • 1,414 Sq Ft Home
  • Entry on the 3rd floor

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit

Listing and Financial Details

  • Property Available on 6/1/23
  • Legal Lot and Block 7501 / 01680

Community Details

Overview

  • 33 Units
  • Magnolia Mansion Condos
  • East Harlem Subdivision
  • Property has 2 Levels

Amenities

  • Community Garden

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,580

Year Built

Built in 1889

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2023-06-01

Listing Details

  • Exposures: South
  • Property SubType: Duplex
  • Property Type: Residential Lease
  • Neighborhood: East Harlem
  • Entry Level: 3
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Features: Eat-in Kitchen, Elevator, Kitchen Window
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area: 1414.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit

Condo/Co-op/Association

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

Lot Info

  • Lot Size Units: Square Feet
  • Lot Features: Garden
  • Lot Size Area: 15138.0
  • Lot Size Dimensions: 150.0 x 100.92

Building Info

  • New Construction: No
  • Building Name: Magnolia Mansion
  • Units: 33
  • Total Stories: 6
  • Year Built: 1889

Tax Info

  • Tax Block: 01680
  • Tax Lot: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
May 19, 2023
Sold by
Castano Emanuele
Bought by
Tourondel Laurent
Seller's Agent
Mae Bagai
Sothebys International Realty
List Price
$1,150,000
Sold Price
$1,037,500
Premium/Discount to List
-$112,500
-9.78%
Current Estimated Value
$909,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$128,058
Avg. Annual Appreciation
-5.30%

Purchase Details

Closed on
Oct 14, 2016
Sold by
Tourondel Laurent
Bought by
Castano Emanuele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2001
Sold by
Aleppo Pine Llc
Bought by
Tourondel Laurent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
7.15%
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
Tourondel Laurent $1,037,500 --
Castano Emanuele $1,050,000 --
Tourondel Laurent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castano Emanuele $800,000
Previous Owner Tourondel Laurent $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2023 08/22/23 Rented $5,000 0.0% --
06/22/2023 06/22/23 Under Contract -- -- --
05/23/2023 05/23/23 For Rent $5,000 0.0% --
05/19/2023 05/19/23 Sold $1,037,500 -9.8% $734 / Sq Ft View Prior Sale
02/15/2023 02/15/23 For Sale $1,150,000 +9.5% $813 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
06/16/2018 06/16/18 Sold $1,050,000 -4.5% $743 / Sq Ft View Prior Sale
05/17/2018 05/17/18 Pending -- -- --
06/09/2016 06/09/16 For Sale $1,100,000 -- $778 / 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 $10,580 $85,381 $8,058 $77,323
2024 $10,580 $84,625 $8,058 $76,567
2023 $10,221 $83,318 $8,058 $75,260
2022 $10,335 $84,473 $8,058 $76,415
2021 $9,807 $79,947 $8,058 $71,889
2020 $9,731 $88,542 $8,058 $80,484
2019 $8,809 $86,554 $8,058 $78,496
2018 $8,030 $85,627 $8,057 $77,570
2017 $7,315 $65,590 $8,057 $57,533
2016 $7,183 $63,778 $8,058 $55,720
2015 $3,992 $47,702 $8,057 $39,645
2014 $3,992 $52,980 $8,057 $44,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10928321

Real Estate Board of New York (REBNY)

APN: 1680-1016