NOT LISTED FOR SALE

Estimated Value: $181,000 - $202,000

1 Bed
1 Bath
680 Sq Ft
1890 Built

Last Sold February 28, 2017

Last sale price $51,000 $75 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $1,179/month

280 Days on Market

Highlights

  • Home fronts a sound
  • Property is near public transit
  • Walking Distance to Water
  • 24-Hour Security
  • Ranch Style House
  • Public Transportation

About This Home

As of February 2017

Light, bright amazing loft in super desirable complex! A very short walk to Seaside Park, Univ Bridgeport, Amtrak & Metro North, Port Jefferson Ferry. Just a few hundred feet from I-95 and Route 8/25 ramps. Gated, secure parking in front of unit. Soaring ceilings, big windows, hardwoods and exposed brick throughout. Washer included in huge bathroom. Very low utility costs. Property taxes scheduled to drop substantially starting in July 2016. Can be an excellent investment opportunity as rents in this complex are very strong..

Last Agent to Sell the Property

Paul Krumins

Higgins Group Real Estate License #RES.0769178 Listed on: 04/02/2016

Higgins Group Real Estate

Last Buyer's Agent

Andrei Balaj

Higgins Group Real Estate License #RES.0793677

Higgins Group Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,477

Year Built

  • Built in 1890

Parking

  • Paved Parking

Home Design

  • 680 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Masonry Siding

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Roosevelt Elementary School
  • Bassick High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Washer
  • Walking Distance to Water
  • Home fronts a sound
  • Property is near public transit

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include grounds maintenance, property management, security service
  • 140 Units
  • Lofts On Lafayette Community

Pet Policy

  • Pets Allowed

Additional Features

  • Public Transportation
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,477

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Neighborhood: South End
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: Yes
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 680
  • Public Record Living Room Sq Ft: 680
  • Total Sq Ft: 680
  • Year Built: 1890
  • Nearby Amenities: Public Transportation
  • Remarks Public Addendum: This is a Short Sale. Commission amount dependent on Lender decision - will be split 50/50. One commission due and payable upon receipt of Funds at Closing.
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 680
  • Directions: Lafayette to Gregory. Entrance is thru first gate on Gregory.
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Main
  • Attic: No
  • Street Number Modifier: 325

Exterior Features

  • Exterior Siding: Brick
  • Waterfront Description: L. I. Sound Frontage, Walk to Water
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Assigned Parking, Paved, Security

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Property Management, Security Service
  • Complex Name: Lofts on Lafayette
  • Levels In Unit: 1
  • HOA Fees: 315
  • HOA: Yes
  • Property Manager Email: Mary@pyramidREgroup.com
  • Property Manager Name: Pyramid
  • Property Manager Phone: (203) 348-8566

Schools

  • Elementary School: Roosevelt
  • Middle School: Per Board of Ed
  • High School: Bassick
  • Intermediate School: Per Board of Ed

Lot Info

  • Lot Description: Level Lot, Fence - Full
  • Zoning: RES BB
  • Property Info: Gated Community

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 1477
  • Total Assessed Value: 27160
  • Mil Rate Base: 54.370
  • Mil Rate Total: 54.370
  • Assessor Parcel Number: 2533223

Multi Family

  • Total Num Of Units: 140

MLS Schools

  • Elementary School: Roosevelt
  • Middle Jr High School: Per Board of Ed
  • High School: Bassick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Saleh Tarek
Bought by
Tks Lafayett Llc
Current Estimated Value
$192,381

Purchase Details

Closed on
Jun 8, 2018
Sold by
Polshikov Alex
Bought by
Saleh Tarek

Purchase Details

Closed on
Feb 20, 2007
Sold by
Lancaster Gate Llc
Bought by
Papaelias Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,900
Interest Rate
6.24%
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
Tks Lafayett Llc -- None Available
Tks Lafayett Llc -- None Available
Saleh Tarek $65,000 --
Papaelias Amy $205,000 --
Papaelias Amy $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Papaelias Amy $161,900
Previous Owner Papaelias Amy $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $51,000 -15.0% $75 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
04/02/2016 04/02/16 For Sale $60,000 0.0% $88 / Sq Ft
05/29/2012 05/29/12 Rented $1,200 0.0% --
04/29/2012 04/29/12 Under Contract -- -- --
03/28/2012 03/28/12 For Rent $1,200 -- --
Source: SmartMLS

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 $1,961 $45,130 $0 $45,130
2024 $1,961 $45,130 $0 $45,130
2023 $1,961 $45,130 $0 $45,130
2022 $1,961 $45,130 $0 $45,130
2021 $1,961 $45,130 $0 $45,130
2020 $1,466 $27,160 $0 $27,160
2019 $1,466 $27,160 $0 $27,160
2018 $1,477 $27,160 $0 $27,160
2017 $1,477 $27,160 $0 $27,160
2016 $1,477 $27,160 $0 $27,160
2015 $5,290 $125,360 $0 $125,360
2014 $5,290 $125,360 $0 $125,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99139475

SmartMLS

APN: BRID-000525-000001-000109