NOT LISTED FOR SALE

Estimated Value: $1,820,000 - $2,886,596

5 Beds
3 Baths
5,000 Sq Ft
$488/Sq Ft Est. Value

Last Sold February 08, 2016

Last sale price $2,675,000 $535 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $13,414/month

232 Days on Market

Highlights

  • Deck
  • 4-minute walk to 116 Street (2,3 Line)
  • Granite Countertops
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Skylights

About This Home

As of February 2016

* Just listed Amazing spacious renovated legal three family townhouse * Located in the historical Mt Morris District. A block from Mount Morris Park. * Spacious 5,000 sqft triplex 3,000 sq ft, and two apts of 1,000 sq ft each * Owner's triplex features four bdrm/three bath, 12' high ceilings, ample closet space, spacious kitchen, HGTV featured living room, fireplace, den/office, central air and a spacious immaculate backyard. The master bedroom has a spacious new bathroom with jacuzzi, stand up shower w/two large shower heads, and heated floors. * Two rental apartments upstairs are renovated. * The building has new electrical, plumbing, heating, gas boiler, and fire sprinkler systems. * This is the most attractive townhouse in the area, located in Harlem's most central location surrounded by Mount Morris Park, Whole Foods, neighborhood's best restaurants & shops. * Your taxes will be only $3,611.76. Lot dimensions: 18' x 101'

Last Agent to Sell the Property

Valon Nikci

Link NY Realty Brokerage Phone: 646-321-9428 License #10491202180 Listed on: 06/09/2015

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 1912 | Remodeled in 2002

Lot Details

  • Two or More Common Walls
  • Fenced

Parking

  • On-Street Parking

Interior Spaces

  • 5,000 Sq Ft Home
  • Skylights
  • Storage
  • Finished Basement
  • Walk-Out Basement
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Fire Sprinkler System

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • ADA Compliant
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,612

Year Built

Built in 1912 | Remodeled in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Accessibility Features: ADA Access
  • Year Built: 1912
  • Year Built Effective: 2002
  • Attribution Contact: 646-321-9428
  • Village: None
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2002

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen, Granite Counters, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 5000
  • Window Features: Skylight(s)
  • SquareFootage: 5000.00
  • SquareFootageSource: Municipality

Exterior Features

  • Fencing: Fenced
  • View: Other
  • Patio and Porch Features: Deck, Patio, Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Security: Security System, Fire Sprinkler System
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Near Public Transit
  • Property Attached: Yes

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 2
  • NumberOf4Bedrooms: 1

Tax Info

  • Tax Annual Amount: 3612
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Feb 8, 2016
Sold by
Brown Andre and Brown Latoya S
Bought by
Sosa Jorge R and Taylor John S
Seller's Agent
Valon Nikci
Link NY Realty
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$2,895,000
Sold Price
$2,675,000
Premium/Discount to List
-$220,000
-7.6%
Current Estimated Value
$2,442,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$232,601
Avg. Annual Appreciation
-0.93%
Original Mortgage
$1,605,000
Outstanding Balance
$1,280,307
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,162,092

Purchase Details

Closed on
Jul 6, 2009
Sold by
Brown Andre
Bought by
Baker Latoya S and Brown Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,827
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2002
Sold by
Brownstone Partners and Brownstone Aff
Bought by
Brown Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.8%
Source: Public Records

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
Sosa Jorge R $2,675,000 --
Baker Latoya S -- --
Brown Andre -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosa Jorge R $1,605,000
Previous Owner Baker Latoya S $628,827
Previous Owner Brown Andre $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2016 02/08/16 Sold $2,675,000 -7.6% $535 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
06/09/2015 06/09/15 For Sale $2,895,000 0.0% $579 / Sq Ft
07/14/2014 07/14/14 Rented $4,975 -9.5% --
06/14/2014 06/14/14 Under Contract -- -- --
06/04/2014 06/04/14 For Rent $5,500 -- --
Source: OneKey® MLS

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 $7,557 $39,881 $7,917 $31,964
2024 $7,557 $37,624 $33,480 $28,504
2023 $7,550 $37,177 $8,028 $29,149
2022 $7,422 $164,460 $33,480 $130,980
2021 $7,414 $176,700 $33,480 $143,220
2020 $7,035 $201,240 $33,480 $167,760
2019 $6,559 $156,060 $33,480 $122,580
2018 $6,315 $30,981 $6,367 $24,614
2017 $6,315 $30,981 $6,708 $24,273
2016 $5,143 $29,356 $8,581 $20,775
2014 $2,091 $26,128 $8,344 $17,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4526622

OneKey® MLS

APN: 1718-0011