NOT LISTED FOR SALE

Estimated Value: $887,966 - $1,186,000

1 Bed
1 Bath
787 Sq Ft
$745/mo HOA Fee

Last Sold August 28, 2018

Last sale price $1,275,000 $1,620 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $7,048/month

198 Days on Market

Highlights

  • Balcony
  • 4-minute walk to 96 Street (A,B,C Line)
  • North Facing Home
  • P.S. 163 - Alfred E. Smith Rated A
  • Laundry Facilities

About This Home

As of August 2018

Live next to Central Park in this one bedroom condo with a home office on a high floor. Beautiful northern light illuminates the apartment throughout the day. Step out onto the balcony for Central Park views. The renovated kitchen features stainless steel appliances with a gray silestone countertop. The renovated bath boasts marble floors, a deep soaking tub by Kohler and a Restoration Hardware medicine cabinet. The Olmstead is a full service, well maintained building with a 24 hour concierge. Other building amenities include: a fitness center, a yoga studio, a lounge, a laundry room, a play room, a library, a bike room, a garden courtyard and a playground. Private parking and private storage are available, but there is a wait list. This building is ideally situated next to the Columbus Square retail shopping complex offering: Whole Foods, Starbucks, Home Goods, a 24 hour Duane Reade, TJ Maxx, Sephora, Michaels, Modell's, banks and great restaurants. You will be close to the B, C, and 1, 2, 3 trains along with the cross town bus on 96th Street.

Last Listed By

Julia Boland

Corcoran Group License #30BO1121740 Listed on: 01/11/2018

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,504

Year Built

  • Built in 1961

Lot Details

  • 2.59

HOA Fees

  • $745 Monthly HOA Fees

Home Design

  • 787 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • North Facing Home

Listing and Financial Details

  • Tax Block 1833

Community Details

Overview

  • 414 Units
  • The Olmstead Condos
  • Upper West Side Subdivision
  • 19-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,504

Year Built

Built in 1961

Lot Details

0

HOA Fees

$745 per month

Listing Details

  • Cross Street: CENTRAL PARK WEST and COLUMBUS AVENUE
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper West Side
  • Entry Level: 16
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Living Area: 787.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 745.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 322.0 x 373.0

Building Info

  • New Construction: No
  • Building Name: The Olmstead
  • Units: 414
  • Total Stories: 19
  • Year Built: 1961

Tax Info

  • Tax Block: 1833
  • Tax Annual: 3504.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Aug 28, 2018
Sold by
Kandaswamy Deepak
Bought by
Chandrashekhara Divya Kurthakoti and Sethumadhavan Lakshminarasimhan
Seller's Agent
Julia Boland
Corcoran Group
List Price
$1,300,000
Sold Price
$1,275,000
Premium/Discount to List
-$25,000
-1.92%
Total Days on Market
198
Current Estimated Value
$1,022,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$252,258
Avg. Annual Appreciation
-3.23%
Original Mortgage
$680,000
Outstanding Balance
$597,842
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$424,900

Purchase Details

Listed on
May 21, 2015
Closed on
Aug 21, 2015
Sold by
Hapke Laura
Bought by
Kandaswamy Deepak
Seller's Agent
Gregory Cooper
Douglas Elliman Real Estate
List Price
$940,000
Sold Price
$970,000
Premium/Discount to List
$30,000
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$670,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2002
Sold by
Tober Steven
Bought by
Hapke Laura

Range of Values:

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Average Value
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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
Chandrashekhara Divya Kurthakoti $1,225,000 --
Kandaswamy Deepak $970,000 --
Hapke Laura -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandrashekhara Divya Kurthakoti $680,000
Previous Owner Kandaswamy Deepak $670,000
Previous Owner Tober Steven $51,733
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $1,275,000 -1.9% $1,620 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $1,300,000 +34.0% $1,652 / Sq Ft
08/24/2015 08/24/15 Sold $970,000 +3.2% $1,233 / Sq Ft
07/25/2015 07/25/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $940,000 -- $1,194 / 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
2024 $7,590 $60,708 $16,853 $43,855
2023 $5,743 $60,410 $16,853 $43,557
2022 $5,514 $61,107 $16,853 $44,254
2021 $6,615 $55,848 $16,853 $38,995
2020 $4,899 $62,844 $16,853 $45,991
2019 $4,502 $60,395 $16,853 $43,542
2018 $5,275 $50,574 $16,853 $33,721
2017 $4,749 $39,983 $16,853 $23,130
2016 $4,544 $39,597 $16,853 $22,744
2015 $2,320 $39,767 $16,853 $22,914
2014 $2,320 $37,445 $16,853 $20,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10098762

Real Estate Board of New York (REBNY)

APN: 1833-1316