NOT LISTED FOR SALE

Estimated Value: $875,000 - $974,000

1 Bed
1 Bath
823 Sq Ft
1961 Built

Sale Details

Date Sold: November 26, 2019

Last sale price $860,000 $1,045 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,567 / mo

161 Days on Market

Highlights

  • Community Garden
  • Central Air
  • Laundry Facilities
  • River School (The) Rated A
  • Garage
  • 4-minute walk to Vincent F Albano Jr Playground

About This Home

As of November 2019

This home has huge windows in both living and bedroom allowing unobstructed views into private gardens and city skyline.The south facing apartment fills with sun light. Even on a cloudy day, light fills the rooms. Open updated kitchen - craft wood cabinets with upper and lower lighting, Thermador range, Bosch dishwasher, LG refrigerator, convection/microwave and tile floor..Dining area in close proximity to open kitchen making entertaining a effortless. Closets galore. Two new air conditioner digital units. Upgraded electricity. INVESTOR FRIENDLY. Relatively low monthly fees; move in ready thereby no additional renovation costs - no loss of down time for renovations. Additional storage in basement available for rent. State of the art fitness center. Acres of private gardens to relax or have a run, a game or two of basket ball, ping pong, Adorable children's playground.Building provides tables and chairs for outdoor dining or a sharing of wine and cheese. Full service building, 24-hour doormen. New beautiful lobby. Package room with cleaning service. Laundry room, bike room. Easy transportation East River ferries. Loads of restaurants in neighborhood. Multiplex theater, and Fairway steps away. Trader Joe's a block away. There is an assessment of $99 & ($59 ending Aug/ 31, 2020)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,656

Year Built

  • Built in 1961

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 823 Sq Ft Home
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • South Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 936

Community Details

Overview

  • Kips Bay Subdivision
  • 21-Story Property

Amenities

  • Community Garden
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,656

Year Built

Built in 1961

Lot Details

0 Sq Ft Lot

HOA Fees

$650 per month

Listing Details

  • Cross Street: Second Avenue/First Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Dining Area
  • Living Area: 823.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 650.0
  • 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
  • Total Stories: 21
  • Year Built: 1961

Tax Info

  • Tax Block: 936
  • Tax Lot: 7501
  • Tax Annual: 7656.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Oct 21, 2019
Sold by
Voloudakis Chris and Voloudakis Effie
Bought by
Ju-Yol Kwon Joshua and Wong Karen
List Price
$860,000
Sold Price
$860,000
Current Estimated Value
$924,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,452
Avg. Annual Appreciation
1.15%
Original Mortgage
$773,914
Outstanding Balance
$677,988
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$246,464

Purchase Details

Closed on
Nov 4, 2010
Sold by
Mah Jeffrey
Bought by
Voloudakis Chris and Voloudakis Effie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 1999
Sold by
Lin Ellen H
Bought by
Mah Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.65%
Source: Public Records
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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
Ju-Yol Kwon Joshua $860,000 --
Voloudakis Chris $693,600 --
Mah Jeffrey $305,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ju-Yol Kwon Joshua $773,914
Previous Owner Voloudakis Chris $350,000
Previous Owner Mah Jeffrey $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $860,000 0.0% $1,045 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $860,000 -- $1,045 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $11,781 $95,773 $18,419 $77,354
2024 $11,781 $94,235 $18,419 $75,816
2023 $9,462 $93,499 $18,420 $75,079
2022 $9,147 $94,794 $18,420 $76,374
2021 $10,616 $86,543 $18,420 $68,123
2020 $8,696 $95,855 $18,420 $77,435
2019 $8,220 $93,700 $18,420 $75,280
2018 $9,360 $82,201 $18,420 $63,781
2017 $9,483 $87,269 $18,421 $68,848
2016 $9,162 $72,122 $18,420 $53,702
2015 $4,906 $67,618 $18,420 $49,198
2014 $4,906 $67,512 $18,420 $49,092
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10572029

Real Estate Board of New York (REBNY)

APN: 0936-4086

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