$490,000
SOLD NOV 15, 2024
1 Bed
1 Bath
800 Sq Ft
$624/mo HOA Fee

Recently Sold

$612 Per Sq Ft

11% Below List Price

44 Days on Market

Highlights

  • City View
  • Community Storage Space
  • 4-minute walk to Travers Park
  • P.S. 212 Rated A-
  • High-Rise Condominium

About This Home

As of November 2024

Welcome home to this Massive, 1 Bedroom, 1 Bathroom CONDO, flooded with natural light, with CITY VIEWS and measuring approximately 800 Sq Ft. Located in the heart of the Jackson Heights Historic District, in the Top Tier of buildings, The Colton Condominium. Every Homeowner's and Investors Dream!

This magnificent home flows into a bright large open-concept living room & dining. The enormous sunny living room features original arches, built-in bookshelves and beautiful hardwood floors throughout. Adjacent to the dining space, the kitchen is equipped with a dishwasher for added convenience. The primary suite accommodates a King size bedroom set, 2 windows and 2 large closets. The windowed bathroom includes both a tub and stand-up shower.

This CONDO makes your investment dreams a reality! Condominiums are rare in Jackson Heights.

Voted #3 of the best neighborhoods to live in NYC by Curbed NY. This landmark building amenities include a Gym, Laundry Room, Bike Room, Elevators, 24/7 Live-in Super who is a Licensed Contractor, 24 Hour Surveillance Cameras and Wheelchair Access. Conveniently located within a short distance to transportation, shops, the farmers market and recently renovated Travers Park.

Subletting allowed!

Call or text me today to schedule a private viewing.

Last Agent to Sell the Property

Jenifer Tavarez

Corcoran Group License #10401284430 Listed on: 10/24/2024

Corcoran Group

Co-Listed By

Keith Wong

Corcoran Group License #10401259040

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,621

Year Built

  • Built in 1939

HOA Fees

  • $624 Monthly HOA Fees

Interior Spaces

  • 800 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling

Listing and Financial Details

  • Tax Block 01263

Community Details

Overview

  • 96 Units
  • High-Rise Condominium
  • Colton, The Condos
  • Jackson Heights Subdivision
  • 6-Story Property

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,621

Year Built

Built in 1939

Lot Details

0

HOA Fees

$624 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Jackson Heights
  • Entry Level: 6
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Fireplace: No
  • Living Area: 800.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Storage
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 624.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: COLTON, THE
  • Units: 96
  • Total Stories: 6
  • Year Built: 1939

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01263
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Nov 15, 2024
Sold by
Elrokhsy Nadia and Gaffney Conor
Bought by
Hall Samantha
Seller's Agent
Jenifer Tavarez
Corcoran Group
List Price
$549,000
Sold Price
$490,000
Premium/Discount to List
-$59,000
-10.75%
Views
3
Current Estimated Value
$489,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$171
Avg. Annual Appreciation
-5.87%

Purchase Details

Closed on
Apr 4, 2002
Sold by
Pereira Jose F
Bought by
Gaffney Conor and Elrokhsy Nadia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,700
Interest Rate
7.18%

Purchase Details

Closed on
Dec 15, 1995
Sold by
Columbia Fsb
Bought by
Pereira Jose F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
7.13%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $490,000 --
Deed -- --
Deed -- --
Deed $57,000 American Title Ins Co
Deed $57,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $110,000 No Value Available
Previous Owner $89,700 No Value Available
Previous Owner $42,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $490,000 -10.7% $613 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $549,000 -- $686 / 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 $3,621 $29,351 $4,617 $24,734
2024 $3,621 $28,962 $4,617 $24,345
2023 $3,504 $28,025 $4,617 $23,408
2022 $3,427 $28,006 $4,617 $23,389
2021 $3,364 $27,427 $4,617 $22,810
2020 $3,591 $32,197 $4,617 $27,580
2019 $3,424 $31,200 $4,617 $26,583
2018 $3,198 $25,147 $4,617 $20,530
2017 $2,941 $23,125 $4,617 $18,508
2016 $2,791 $23,125 $4,617 $18,508
2015 $1,682 $21,313 $4,617 $16,696
2014 $1,682 $20,642 $4,617 $16,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11008040

Real Estate Board of New York (REBNY)

APN: 01263-1084