NOT LISTED FOR SALE

Estimated Value: $2,143,335 - $2,263,000

2 Beds
2 Baths
1,240 Sq Ft
2003 Built

Sale Details

Date Sold: October 17, 2019

Last sale price $1,910,000 $1,540 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,752 / mo

72 Days on Market

Highlights

  • Pre War Building
  • 5-minute walk to Spring Street (A,C,E Line)
  • Garden
  • P.S. 3 Charrette School Rated A
  • New Windows
  • 2-minute walk to Canal Park

About This Home

As of October 2019

JUST REDUCED!! Spectacular two bed, two bath 1240 sq ft West Soho condo with private 500 sq ft garden. E/S/W exposures, 10' ceilings, hardwood floors, oversized bedrooms, full sized washer/dryer, integrated home automation, video/intercom, baseboard heating and central a/c. The open kitchen, complete with Sub-Zero refrigerator, Viking beverage center, Bosch dishwasher and Viking range, is perfect for entertaining. Retreat to the spacious master suite, and unwind in the luxurious master bath, wrapped in Pietra Bedonia marble, with cherry cabinets, and topped off by an inviting deep Kohler soaking tub. Located in West Soho, at the crossroads of Soho, the West Village and Tribeca, 505 Greenwich has a 24 hr doorman/concierge, health club equipped with Peloton bikes, children's playroom, pet spa, bike room and private storage units. Google and Disney/ABC are moving to the neighborhood and so should you!

Last Agent to Sell the Property

Arlene Gutterson

Douglas Elliman Real Estate License #40GU1155339 Listed on: 05/13/2019

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,716

Year Built

  • Built in 2003

HOA Fees

  • $1,274 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 1st floor

Interior Spaces

  • 1,240 Sq Ft Home
  • New Windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Garden
  • No Cooling

Listing and Financial Details

  • Tax Block 594

Community Details

Overview

  • Soho Subdivision
  • 14-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,716

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

HOA Fees

$1,274 per month

Listing Details

  • Cross Street: Spring Street
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: SOHO
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1240.0
  • Living Area Units: Square Feet
  • Accessibility Features: Wheelchair Access
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1274.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Total Stories: 14
  • Year Built: 2003

Tax Info

  • Tax Block: 594
  • Tax Annual: 16716.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Oct 18, 2019
Sold by
Heilmann Sunghee
Bought by
Harid Shriram
Seller's Agent
Arlene Gutterson
Douglas Elliman Real Estate
List Price
$2,195,000
Sold Price
$1,910,000
Premium/Discount to List
-$285,000
-12.98%
Current Estimated Value
$2,193,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,084
Avg. Annual Appreciation
2.17%
Original Mortgage
$1,528,000
Outstanding Balance
$1,341,144
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$851,940

Purchase Details

Closed on
Feb 5, 2013
Sold by
Rymer Andrew
Bought by
Heilmann Sunghee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2006
Sold by
Plapinger Brett
Bought by
Rymer Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,083,750
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2005
Sold by
Greenwich Renwick Llc and % Metropolitan Housing Partners Llc
Bought by
Plapinger Brett
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
Harid Shriram $1,910,000 --
Harid Shriram $1,910,000 --
Heilmann Sunghee $1,635,000 --
Heilmann Sunghee $1,635,000 --
Rymer Andrew $1,445,000 --
Rymer Andrew $1,445,000 --
Plapinger Brett -- --
Plapinger Brett -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harid Shriram $1,528,000
Closed Harid Shriram $1,528,000
Previous Owner Heilmann Sunghee $1,000,000
Previous Owner Rymer Andrew $1,083,750
Closed Plapinger Brett $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2019 10/17/19 Sold $1,910,000 -13.0% $1,540 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $2,195,000 -- $1,770 / 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 $20,004 $164,131 $5,803 $158,328
2024 $20,004 $160,004 $5,803 $154,201
2023 $16,606 $164,091 $5,803 $158,288
2022 $15,964 $158,297 $5,803 $152,494
2021 $21,645 $176,450 $5,803 $170,647
2020 $18,502 $195,351 $5,803 $189,548
2019 $17,867 $190,960 $5,803 $185,157
2018 $20,429 $184,287 $5,803 $178,484
2017 $19,013 $164,997 $5,804 $159,193
2016 $17,982 $163,410 $5,803 $157,607
2015 $7,025 $154,934 $5,803 $149,131
2014 $7,025 $135,484 $5,803 $129,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10563685

Real Estate Board of New York (REBNY)

APN: 0594-1305

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