NOT LISTED FOR SALE

Estimated Value: $1,153,000 - $1,407,000

1 Bed
1 Bath
732 Sq Ft
$747/mo HOA Fee

Last Sold September 09, 2014

Last sale price $1,300,000 $1,776 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,673/month

123 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to 72 Street (A,B,C Line)
  • Laundry Facilities
  • P.S. 87 William Sherman Rated A
  • Central Air
  • 5-minute walk to Verdi Square

About This Home

As of September 2014

Property:


Mark this tranquil retreat to come home to in the heart of the upper west side. On a most
preferred Manhattan block, this jewel is just steps from Central Park. The bright one bedroom condominium is on a high floor and has breathtaking western sunset views. Original high beamed ceilings make this unique to the building's other one bedrooms, offering an open spacious feeling. The large rooms are complimented with abundant roomy closets and beautiful hardwood floors. Kitchen with stainless steel appliances (Subzero and Bertazzoni) opens to dining and living room, The old fine architecture combined with modern detail extends throughout the building offering a special effect unlike other residences in Manhattan.


Building:


This magnificent landmark building combines original stately architecture with modern finishes. The Olcott is a prestigious legendary residence with an elegant lobby and the following amenities: 24 hour Doormen and Concierge, Fitness Room, Private Dining Room, Television Room, Roof Deck, Laundry Room on each floor, Cold Storage, Private Storage, Playroom and Bike-room.
The Olcott was built in 1925 and was until recent years famous for the Manhattan Bridge Club on the top floor. It's just steps from the Dakota and Strawberry Fields in Central Park, within minutes of Columbus Circle, Lincoln Center, the 72nd St. Pier on the Hudson, fabulous restaurants and shopping. Near Whole Foods, Trader Joe's, Fairway and Citarella's.


Whether it's a private oasis or your personal 'heaven', this condo makes a perfect Manhattan home, pied-a-terre or valuable Real Estate investment.


Asks $1,375,000. cc: $747. RE taxes $798. per mo.


For appts Please call Exclusive Broker:
Loretta Edmonds 212-750-1600 ext. 616
email: ledmonds@essentialnewyork.com

Last Agent to Sell the Property

Loretta Edmonds

Essential New York Real Estate LLC License #10301207120 Listed on: 04/09/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,576

Year Built

  • Built in 1925

HOA Fees

  • $747 Monthly HOA Fees

Home Design

  • 732 Sq Ft Home
  • Pre War Building
  • Entry on the 16th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 12 / 1125

Community Details

Overview

  • Upper West Side Subdivision
  • 15-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,576

Year Built

Built in 1925

Lot Details

0

HOA Fees

$747 per month

Listing Details

  • Cross Street: Central Park West/Columbus Avenue
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper West Side
  • Architectural Style: Prewar
  • Entry Level: 16
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Living Area: 732.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 747.0
  • 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: 15
  • Year Built: 1925

Tax Info

  • Tax Block: 1125
  • Tax Lot: 12
  • Tax Annual: 9576.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2014
Closed on
Sep 3, 2014
Sold by
Weiner Joan L
Bought by
Solomon Barrie C and Solomon Lawrence F
Seller's Agent
Loretta Edmonds
Essential New York Real Estate LLC
List Price
$1,300,000
Sold Price
$1,300,000
Current Estimated Value
$1,232,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,996
Avg. Annual Appreciation
-0.91%

Purchase Details

Closed on
Jan 23, 2008
Sold by
Bcre West 72 Llc and Stellar 85 Llc
Bought by
Weiner Joan Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Solomon Barrie C $1,300,000 --
Solomon Barrie C $1,300,000 --
Weiner Joan Lori $540,000 --
Weiner Joan Lori $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weiner Joan Lori $8,404
Previous Owner Weiner Joan Lori $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2014 09/09/14 Sold $1,300,000 0.0% $1,776 / Sq Ft
08/10/2014 08/10/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $1,300,000 -- $1,776 / 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 $16,339 $131,552 $13,058 $118,494
2024 $16,339 $130,690 $13,058 $117,632
2023 $16,293 $130,324 $13,058 $117,266
2022 $15,167 $123,639 $13,058 $110,581
2021 $15,027 $122,502 $13,058 $109,444
2020 $6,001 $135,682 $13,058 $122,624
2019 $12,043 $132,630 $13,058 $119,572
2018 $14,004 $127,547 $13,058 $114,489
2017 $20,003 $129,425 $13,058 $116,367
2016 $12,976 $118,842 $13,057 $105,785
2015 $7,137 $104,630 $13,057 $91,573
2014 $7,137 $97,961 $13,058 $84,903
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10470917

Real Estate Board of New York (REBNY)

APN: 1125-1360