NOT LISTED FOR SALE

447 W 18th St Unit 8C New York, NY 10011

Chelsea Neighborhood

Estimated Value: $2,427,000 - $3,111,000

2 Beds
2 Baths
1,400 Sq Ft
$1,360/mo HOA Fee

Last Sold April 16, 2019

Last sale price $2,160,000 $1,543 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $18,631/month

306 Days on Market

Highlights

  • City View
  • Central Air
  • 5-minute walk to 14th Street Park
  • P.S. 11 Sarah J. Garnet School Rated A
  • Laundry Facilities

About This Home

As of April 2019

Chelsea Modern is in the heart of Manhattan's sizzling West Chelsea Highline neighborhood. This stunning boutique development is located on West 18th Street just east of Tenth Avenue and the Highline Park. Spacious two bed with gorgeous light throughout the day facing south west. The interiors of this award winning building are equal to its architecture in design and luxury. Residences each have floor-to-ceiling windows, ceiling heights over 9 feet, maple floors, washer/dryers, advanced heating and cooling systems, and custom kitchens and baths designed by Audrey Matlock. The gourmet kitchens, with terrazzo floors, stainless steel and glass cabinetry, and polished quartzite countertops, are ideal for both quiet meals at home as well as for hosting dinner parties. Appliances by Viking, Miele and Sub-Zero were carefully chosen for both aesthetics and quality. A custom made rolling wine rack acts as additional entertaining and counter space. An oversized free standing Duravit soaking tub by Philippe Starck is the centerpiece for the spa-like five fixture master baths with limestone floors and Bianco Sivic marble slab countertops. Enjoy the additional outdoor space of the serene courtyard garden or the rooftop deck with grill and a dramatic view of The Empire State Building and the Hudson River. Friendly 24 hour doorman with cold storage for your deliveries from Fresh Direct or Chelsea Market or Whole foods. The building has a gym and you are also moments away from Chelsea Piers.

Last Agent to Sell the Property

Janet Wang

Corcoran Group License #30WA0866975 Listed on: 05/14/2018

Corcoran Group

Co-Listed By

Carrie Chiang

Corcoran Group License #30CH0809543

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,360

Year Built

  • Built in 2007

Lot Details

  • 10,716

HOA Fees

  • $1,360 Monthly HOA Fees

Interior Spaces

  • 1,400 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 716

Community Details

Overview

  • 47 Units
  • Chelsea Modern Condos
  • Chelsea/Hudson Yards Subdivision
  • 12-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,360

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,360 per month

Listing Details

  • Cross Street: 9 AVENUE and 10 AVENUE
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea/Hudson Yards
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Living Area: 1400.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1360.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 92.0 x 66.0

Building Info

  • New Construction: No
  • Building Name: Chelsea Modern
  • Units: 47
  • Total Stories: 12
  • Year Built: 2007

Tax Info

  • Tax Block: 716
  • Tax Annual: 21360.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Apr 17, 2019
Sold by
High Line West Llc
Bought by
Orkisz Mela and Orkisz Thomas
Seller's Agent
Janet Wang
Corcoran Group
List Price
$2,495,000
Sold Price
$2,160,000
Premium/Discount to List
-$335,000
-13.43%
Current Estimated Value
$2,642,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,204
Avg. Annual Appreciation
3.40%
Original Mortgage
$1,620,000
Outstanding Balance
$1,432,946
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,228,660

Purchase Details

Closed on
Oct 20, 2010
Sold by
447-453 West 18 Lp
Bought by
High Line West Llc
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
Orkisz Mela $2,160,000 --
High Line West Llc $1,853,215 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orkisz Mela $1,620,000
Closed Orkisz Mela $1,620,000
Previous Owner High Line West Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2019 04/16/19 Sold $2,160,000 -13.4% $1,543 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
05/14/2018 05/14/18 For Sale $2,495,000 -- $1,782 / 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 $32,140 $267,281 $10,568 $256,713
2024 $32,140 $257,077 $10,568 $246,509
2023 $31,391 $255,897 $10,568 $245,329
2022 $31,127 $260,638 $10,568 $250,070
2021 $30,122 $245,557 $10,568 $234,989
2020 $30,739 $271,862 $10,568 $261,294
2019 $29,324 $265,747 $10,568 $255,179
2018 $22,690 $246,615 $10,567 $236,048
2017 $21,919 $233,047 $10,568 $222,479
2016 $17,031 $251,987 $10,568 $241,419
2015 $4,753 $213,110 $10,568 $202,542
2014 $4,753 $215,306 $10,568 $204,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10410063

Real Estate Board of New York (REBNY)

APN: 0716-1237