NOT LISTED FOR SALE

Estimated Value: $880,722 - $996,000

1 Bed
1.5 Baths
738 Sq Ft
$503/mo HOA Fee

Last Sold December 02, 2021

Last sale price $787,000 $1,066 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,930/month

104 Days on Market

Highlights

  • Balcony
  • 3-minute walk to Long Island City-Court Square
  • 3-minute walk to Court Square Park
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of December 2021

Unit 6D is a large one-bedroom condominium residence at 44-27 Purves Street in Long Island City. The unit consists of 738 interior square feet and a 51 square foot balcony. This unit is among a very limited number of one-bedroom units in Long Island City that offers a full bath within the bedroom and a separate powder room in the common area of the home. The purchase price includes a full height storage unit in the building. The tax exemption goes through June 30, 2023.

There is a large open kitchen with sandblasted basalt countertops, an island, a full height backsplash, and a stainless-steel appliance package consisting of a GE Profile drop in cooktop, a built-in oven, a dishwasher, an LG refrigerator, and a Sharp microwave.

There are beautiful hardwood floors throughout, a washer dryer, window treatments and large windows that bring in an abundance of natural light. There is a separate dining area. The ceiling height is more than nine feet. The large king size bedroom has a full bath with a deep soaking tub, Jerusalem gold marble flooring and walls, a custom vanity and radiant heated flooring. The bedroom has a walk-in closet and a large balcony. The powder room is beautifully finished with a tiled floor, tiled walls, and a bidet attachment.

The building consists of 14 floors and 56 condominium units. Onsite staffing includes concierge service from 7 am to 11 pm 7 days a week, a porter, and a superintendent. Amenities include a large fitness center, a media room, bicycle storage, a furnished roof deck with panoramic views of the Manhattan skyline and the surrounding area.

The building is in the heart of Court Square, LIC's fastest growing neighborhood. The 7, N, W, R, G, E, and M trains are across the street from the building's entrance and there are many highly regarded restaurants nearby, including M. Wells Steakhouse, lL Falco, LIC Market, Sapps, Luzzo's, Levante, Tacombi, Indie LIC. Five-minute walk to the new Trader Joe's and Target's newest store in One Court Square.

Last Agent to Sell the Property

Patrick Smith

Corcoran Group License #10301214708 Listed on: 07/15/2021

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 2006

Lot Details

  • 7,492

HOA Fees

  • $503 Monthly HOA Fees

Home Design

  • 738 Sq Ft Home
  • Entry on the 6th floor

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 64 Units
  • Purves Condominium Condos
  • Long Island City Subdivision
  • 14-Story Property

Listing and Financial Details

  • Tax Block 267

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,600

Year Built

Built in 2006

Lot Details

0

HOA Fees

$503 per month

Listing Details

  • Cross Street: JACKSON AVENUE and DEAD END
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Long Island City
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Appliances: Dryer, Washer
  • Living Area: 738.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 503.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: PURVES CONDOMINIUM
  • Units: 64
  • Total Stories: 14
  • Year Built: 2006

Tax Info

  • Tax Block: 267
  • Tax Annual: 3600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Dec 2, 2021
Sold by
Adam Musial As Trustee
Bought by
Kim Christopher Jimin and Youn Christine Yoon
Seller's Agent
Patrick Smith
Corcoran Group
List Price
$800,000
Sold Price
$787,000
Premium/Discount to List
-$13,000
-1.62%
Current Estimated Value
$917,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,931
Avg. Annual Appreciation
2.73%
Original Mortgage
$590,250
Outstanding Balance
$544,960
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$326,808

Purchase Details

Closed on
Jan 18, 2021
Sold by
Chow Helen and Musial Adam
Bought by
Chow Trustee Helen and Musial, Trustee, Adam

Purchase Details

Closed on
Oct 16, 2014
Sold by
Dorneanu Cornelia and Schweichler David
Bought by
Chow Helen and Musial Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2008
Sold by
Purves Street Associates Llc
Bought by
Dorneanu Cornelia and Schweichler David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,960
Interest Rate
6.17%
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
Kim Christopher Jimin $787,000 --
Chow Trustee Helen -- --
Chow Helen $675,000 --
Dorneanu Cornelia $392,874 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Christopher Jimin $590,250
Previous Owner Chow Helen $540,000
Previous Owner Dorneanu Cornelia $7,529
Previous Owner Dorneanu Cornelia $309,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $787,000 -1.6% $1,066 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $800,000 -- $1,084 / 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 $6,954 $58,116 $4,016 $54,100
2024 $6,954 $55,624 $4,016 $51,608
2023 $6,781 $54,236 $3,427 $50,809
2022 $5,138 $53,309 $4,016 $49,293
2021 $3,597 $47,411 $4,016 $43,395
2020 $2,318 $55,304 $4,016 $51,288
2019 $1,384 $54,380 $1,071 $53,309
2018 $278 $42,200 $1,071 $41,129
2017 $278 $39,273 $1,071 $38,202
2016 $282 $39,273 $1,071 $38,202
2014 $220 $38,469 $1,171 $37,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10732050

Real Estate Board of New York (REBNY)

APN: 00267-1020