NOT LISTED FOR SALE

Estimated Value: $509,000 - $927,000

1 Bed
1 Bath
658 Sq Ft
2006 Built

Sale Details

Date Sold: July 17, 2018

Last sale price $758,000 $1,152 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,177 / mo

154 Days on Market

Highlights

  • Rooftop Deck
  • New Windows
  • East Facing Home
  • P.S. 116 Mary Lindley Murray Rated A-
  • Laundry Facilities
  • 3-minute walk to UNICEF Garden

About This Home

As of July 2018

Residence 5A is a sun-blasted and generously sized 1 bedroom nestled in theTurtle Bay and Midtown East location that has low inventory and an exponential, trajectory of appreciation.

The renovated open, eat-in kitchen with stainless steel appliances, custom-cabinetry, dishwasher and granite counterspace naturally flows into the dining area and living space. Floor-to-ceiling windows in both the living area and bedroom bathe the entire apartment in natural sunlight and storage is plenty with 3 total closets including a walk-in. The layout offers the flexibility of both a grand 1 bedroom for a permanent resident or pied-a-terre or easily convertible to two bedrooms as an investment property to maximize rent roll.

845 Second Avenue is a boutique condominium that offers extreme privacy with only 2 residences per floor, roof deck with calming city views, virtual security, elevator and central laundry.

With the approval of Mayor de Blasio and the city in 2017, Midtown East is slated for a rezoning that will add 6.6 million new office spaces, 28,000 new permanent jobs and revamping of public spaces.

If there was ever a time to purchase in Midtown East, it would be now and today.
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,884

Year Built

  • Built in 2006

Lot Details

  • East Facing Home

HOA Fees

  • $478 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 658 Sq Ft Home
  • New Windows

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Legal Lot and Block 23 / 1319

Community Details

Overview

  • Turtle Bay Subdivision
  • 10-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,884

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$478 per month

Listing Details

  • Cross Street: East 45th Street/East 46th Street
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 5
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Living Area: 658.0
  • Living Area Units: Square Feet
  • Accessibility Features: Wheelchair Access
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden, Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 478.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 10
  • Year Built: 2006

Tax Info

  • Tax Block: 1319
  • Tax Lot: 23
  • Tax Annual: 7884.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2017
Closed on
Jul 10, 2018
Sold by
Elshourbagi Iman
Bought by
Chang Jeff and Chang Waraluk
List Price
$758,000
Sold Price
$758,000
Current Estimated Value
$705,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,359
Avg. Annual Appreciation
-0.93%
Original Mortgage
$375,000
Outstanding Balance
$324,994
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$380,648

Purchase Details

Listed on
Oct 2, 2017
Closed on
Oct 2, 2017
Sold by
Barnett Marvin
Bought by
Elshourbagi Iman
List Price
$925,000
Sold Price
$925,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.28%

Purchase Details

Closed on
Dec 21, 2006
Sold by
845 Second Llc
Bought by
Barnett Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,719
Interest Rate
6.24%
Source: Public Records
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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
Chang Jeff $758,000 --
Elshourbagi Iman $925,000 --
Barnett Marvin $609,524 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Jeff $375,000
Previous Owner Barnett Marvin $119,719
Previous Owner Barnett Marvin $478,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2018 07/17/18 Sold $758,000 0.0% $1,152 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $758,000 -18.1% $1,152 / Sq Ft
10/02/2017 10/02/17 Sold $925,000 0.0% $1,406 / Sq Ft View Prior Sale
10/02/2017 10/02/17 For Sale $925,000 -- $1,406 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $10,792 $86,725 $22,184 $64,541
2024 $10,792 $86,320 $22,184 $64,136
2023 $10,429 $85,013 $22,184 $62,829
2022 $10,184 $87,642 $22,184 $65,458
2021 $9,492 $77,378 $22,184 $55,194
2020 $10,267 $85,734 $22,184 $63,550
2019 $9,834 $84,986 $22,184 $62,802
2018 $9,229 $80,469 $22,183 $58,286
2017 $8,621 $81,339 $22,184 $59,155
2016 $8,074 $79,044 $22,183 $56,861
2015 $5,599 $64,047 $22,183 $41,864
2014 $5,599 $57,913 $22,184 $35,729
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10043627

Real Estate Board of New York (REBNY)

APN: 1319-1208

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