NOT LISTED FOR SALE

Estimated Value: $1,306,000 - $2,677,179

6 Beds
4.5 Baths
4,552 Sq Ft
$440/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $2,647,000 $582 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $11,841/month

122 Days on Market

Highlights

  • Wood Burning Fireplace
  • 2-minute walk to 163 Street-Amsterdam Avenue
  • 2-minute walk to Edgecombe Avenue Park

About This Home

As of June 2019

Step back in time and marvel at this restored, 4,500 square feet, 2-family 19ft townhome, overlooking the famed Morris Jumel Mansion. Harkening back to an era when craftsmanship and attention to detail defined lifestyle, yet updated for modern living. Owner's Triplex with 5 bedrooms and exclusive Garden Access. Renovated 1 Bedroom Investment property with stable income.

Townhouse Features: This illustrious High-Victorian Townhouse is brimming with original details: its beckoning Mahogany front doors lead to a sumptuous decorated hand-carved staircase in European cherry with a lion entry banister, original wainscoting throughout, 6 individually-crafted tiled fireplaces with mirrors, extravagantly decorated vintage tin ceilings which soar over 11ft high, new handmade wooden windows with working wood shutters on every floor, lovingly kept Herringbone parquet flooring, and delicately etched glass doors. Outside this elegant and spacious home is a 52-ft manicured garden with a fountain, a fully renovated front yard dressed in bluestone, including two raised flower beds, and a rare Edgecombe coat of arms at its entry!

Layout: This intelligent layout is the key to great living! The floorplan carries over 4,500 square feet of space over 4 luxurious floors with an additional finished basement /recreational room, 6 bedrooms and 4.5 baths inclusive of an income-earning apartment on the Garden floor with a separate entrance. For the owner's triplex, the renovated Kitchen is located on the Parlor floor level alongside the separate dining room, living room and half-bath. The large eat-in gourmet kitchen is spacious, stretching the full width of the house, with hand-made cabinets, granite counters, and a full walk-in pantry! Through handmade French doors, there is access on to a raised deck, from which steps lead to the 52ft garden. Indoor and outdoor living at its best! The living room has two large windows facing south with open views of the Park and the fabled cobblestone streets leading to the Mansion. The fantastic tin designed ceilings over 11ft high and a glorious sense of space make this Parlor floor such a rare find! On a cold night, light up the glowing woodstove and indulge. On a warm summer day, enjoy time in the garden and luxuriate in the sun! The 5 bedrooms and two full bathrooms are located on the top two floors above the Parlor floor. The opulent sun-filled Master Bedroom has parquet floors, three large working sash windows facing south, overlooking the Morris-Jumel Mansion and the mature trees of the Park, a high ceiling, abundance of light, a dressing room with a marble sink and amazing built-in tiger maple closets, and a working fireplace. The Master Bathroom has Carrera marble walls, a classic claw foot tub, separate shower and gorgeous large art deco Diamond black and white marble floor. On the same floor sits the second spacious bedroom, also with a well-appointed dressing room. The top floor has the remaining three bedrooms, a small kitchen, washer and dryer and gorgeous skylights filtering light in. Each of the bedrooms facing the front of the house has beautiful streaming light, all with breathtaking views of lush trees and open views.For added space, secure rental income, or multi-generational living, the Garden floor comprises a wonderfully light, fully modernized 1-Bedroom floor-through Apartment. The sunny living room features an original fireplace and mantle, and full-length recessed windows with shutters. The well-equipped kitchen boasts granite counters and a full set of hand-made closets. The quiet bedroom has sliding doors to the garden terrace. The bathroom has an over-sized tub as well as a large shower. A washer and dryer are discreetly plumbed in. The modernized full-height basement level has a large family/movie room or home office (plumbed for a wet bar), together with a full bathroom and separate storage, that may be used by the owners or annexed to the rental apartment.

The neighborhood: 427 West 162nd Street is located in one of New York's most storied neighborhoods, the Jumel Terrace Historic District, near the majestic Morris-Jumel Mansion and the remarkable cobblestoned Sylvan Terrace. In this quiet enclave, people have enjoyed the sublime wide streets, lush gardens, and trees stretching across lyrical townhouses for over 100 years. The house sits in the best position in the entire gorgeous tree-lined boulevard, overlooking the Park with no buildings in the way of sun-filled days. Steps from Columbia Presbyterian Hospital, the neighborhood is rich and alive in history. This is where George Washington, Paul Robeson, Thurgood Marshall, Duke Ellington, Count Basie, George Gershwin, and many other jazz Masters have called home. Today, the literature, art and music scene is still very much alive and tremendously vibrant: 427 West 162nd Street is a central feature in the famous movie "Still Alice". Add the modern-day conveniences - the upcoming NorthEnd food market, the revitalization of High Bridge Park and the newly renovated C train on the corner - with the many new fantastic restaurants that have arrived, and it becomes an unbeatable place to live and call home. "History is yours to make."

Co-Listed By

Jeffrey Krantz

Compass License #10301207474

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,415

Lot Details

  • 2,091

Home Design

Interior Spaces

  • 4,552 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 6 Bedrooms

Community Details

  • 2 Units
  • Washington Heights Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,415

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Washington Heights
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 4552.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
High Vanda
Bought by
Laura T High As Trustee and The 2023 Vanda Helena High Irrevocable T
Current Estimated Value
$2,002,545

Purchase Details

Listed on
Jan 22, 2019
Closed on
Jun 20, 2019
Sold by
Evans Richard J
Bought by
High Vanda
List Price
$2,795,000
Sold Price
$2,647,000
Premium/Discount to List
-$148,000
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.84%
Original Mortgage
$900,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2005
Sold by
Richmond Sonia
Bought by
Evans Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2004
Sold by
Clarke Reverend Winston
Bought by
Clarke Nancy and Clarke Reverend Winston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
5.73%

Purchase Details

Closed on
Jun 2, 1999
Sold by
Clarke Letha and Clarke Kevin
Bought by
Clarke Winston
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
Laura T High As Trustee -- --
Laura T High As Trustee -- --
High Vanda $2,647,000 --
High Vanda $2,647,000 --
Evans Richard J $1,252,000 --
Evans Richard J $1,252,000 --
Clarke Nancy -- --
Clarke Nancy -- --
Clarke Winston -- Titleserv
Clarke Winston -- Titleserv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner High Vanda $900,000
Previous Owner Evans Richard J $20,000
Previous Owner Evans Richard J $9,000
Previous Owner Evans Richard J $80,000
Previous Owner Evans Richard J $1,000,000
Previous Owner Clarke Nancy $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold $2,647,000 -5.3% $582 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $2,795,000 -- $614 / 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 $11,415 $56,831 $17,727 $39,104
2024 $11,415 $56,831 $34,080 $40,747
2023 $11,118 $54,743 $12,950 $41,793
2022 $10,332 $152,820 $34,080 $118,740
2021 $10,565 $138,840 $34,080 $104,760
2020 $10,024 $158,160 $34,080 $124,080
2019 $9,907 $158,880 $34,080 $124,800
2018 $9,002 $45,619 $9,297 $36,322
2017 $8,492 $43,130 $9,668 $33,462
2016 $8,053 $41,833 $11,693 $30,140
2015 $4,688 $39,466 $15,445 $24,021
2014 $4,688 $39,466 $18,537 $20,929
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10549375

Real Estate Board of New York (REBNY)

APN: 2110-0042