Unique look! 3 rooms Sonnenring Frankfurt

Street: Mailänder Straße (Sonnenring)

ZIP Code: 60598

City or town: Frankfurt

Asking Price: € 556,000.00

Comment on purchase price: Purchase price is composed as follows: For the flat 525.000,-€, for the parking space in the garage 20.000 €, for an extra storage room 11.000,- €.

Price per sqm living or other space: € 4,338.00

Parking possibility: Underground parking space

Asking price for parking areas: € 20,000.00

Brokerage commission to be paid by buyer incl. VAT (% of notarized purchase price): 2.975 %

Total commission: 5.95 %

Commission payable by: Half by buyer and half by seller

Type of Land plot: Inner city

Size of Landplot: 23,335.00 m²

Quality of living area: Location level 2 = upscale residential area

In a nutshell:
Dream view, wonderful feeling of living, very well-kept complex. Ideal apartment for ambitious singles or couples

Year of construction: 1975

Comment regarding year of building: The facility was built between 1974 and 1977

Detailed description of the object:
On the Sachsenhäuser Hill, a few hundred metres from the Sachsenhäuser Warte, lies this architectural wonder of the 1970s, well known in Frankfurt. Many residents of the first generation still live here - once you live here, you don't want to move away. There are 301 flats in this complex, which consists of two building sections. Almost all of them are unique. So it makes a big difference where a flat is located, and there you have a real bull's eye with this flat, now offered for sale! Rear building, on the southwest side, on the 6th floor. Pure view! Exit to the roof terrace from the kitchen, from the living room and from the large bedroom!
Apart from a shower and a bath, the flat has a guest toilet, a kitchen with dining room (formerly closed, now open), the large living room, a small study and the bedroom. The rest is simply a good-mood terrace with an unobstructed view on all sides.

Features:
A very nice fitted kitchen with all appliances belongs to the flat. High quality parquet flooring in the living room and the entire sleeping area. The large terrace has a full east-south-west orientation, which means an almost all-round panorama and sunshine all day long from sunrise to sunset. As additional protection to the west, two extra awnings have been installed.

Parking options:
Parking in underground garage

Comments regarding parking situation:
The parking space is in a fenced and locked garage for three cars. The lift takes you directly from the underground car park to the flat.

Number of residents whole community: 750000

Federal country: Hessen

Type and age of windows:
With one exception, the windows are still original windows from the 70s. These are high-quality wooden windows with double glazing that have withstood wind and weather. The panes can be exchanged individually if the glass becomes blind. This is at the expense of the community. The entire exchange of the windows would have to be requested through the house management. The visual image of the building must be preserved.

Year of essential refurbishment of the special property (apartment): 2008+2010

Kind and extent of refurbishments:
In 2008, the shower room was renewed, the high-quality hardwood parquet flooring was laid in all living and sleeping areas (living room, hallway in the sleeping area, study and bedroom);
the kitchen (including removal of the partition wall to the dining room) was renewed in 2010 and the whole area of the entrance hallway, dining room and kitchen were re-tiled and the patio door in the kitchen was renewed.

Other data to the property:
This property is unique, both in its construction and its architecture. Great efforts have been made to bring it up to the state of the art.
Further highlights are:
- The fully modernised swimming pool of 15x8m, all-round glazing, located at the back of the two buildings with a view of the greenery;
- The sauna for those who like to use it (membership required).
- The large green indoor area with its annual Sonnenring residents' party
- convenient parking space in the underground garage (it is quite conceivable that the buyer could rent additional parking space if there is a need).

Kitchen built in: Yes

Cellar layout: The flat has a standard cellar space with a slatted shed, but also a second, independent room with a steel door. The cellar and underground garages are spread over four floors, all of which can of course be reached by lift. Of the 11 building entrances, each has its own lift.

Room layout: The layout of the apartment is classic. There is a cloakroom and guest toilet in the entrance hall; the dining area is open to the kitchen and hallway and has its own exit to the terrace. The living room is also a passage to the sleeping area with two bathrooms and two rooms.

Description of location:
Sachsenhausen has two extremely popular locations: one is Schweizer Straße, the other is Sonnenring. The location of the building with its east-south-west orientation in the immediate vicinity of the city forest, with connections by bus to the city, by car to the A 3, A 5, A661 motorway, to Frankfurt Airport, to the Südbahnhof railway station, to the main railway station make this property unique. Opposite is the shopping centre with the tegut supermarket, which is one of the largest of its kind. Just take the lift down, cross the street and you're in. The Hotel Leonardo offers very good accommodation for guests and has numerous parking spaces in the Sonnenring, as it is co-owner in certain areas.
It takes about 15 minutes to walk to the Goetheturm. The legendary Frankfurt Waldstadion can be seen from the terrace...

City district: Sachsenhausen

Public transport connection:
In front of the building there are several bus lines going into the city, or in a southerly direction. For example, you can be at air traffic control in Langen in 25 minutes. It takes 1 hour to get to the airport by bus (one change).

Connection to traffic routes by car:
Very good in all directions. Above all, you can get to the car and back to the apartment with dry feet. No matter the weather.

Child friendliness of the location: Very child-friendly, see renewal of the playground facilities and creation of a flower meadow for bees ...

Shopping facilities: Perfect, there is a large supermarket on the doorstep, other shops are easy to reach by bike.

Type of energy performance certificate: Residential building consumption certificate

Residential Building - Final Energy Value: 53.00 kWh/m²a

Main energy source: District heating

Year of construction of building according to EPC: 1975

Year of Construction of the heat generator according to EPC: 2012

Energy consumption for hot water included: included

Energy efficiency class: B (< 75)

Year of system installation comment: Original year of construction of the district heating technology 1975; last changed in 2012

Date of Energy Performance Certificate: 19 Oct. 2018

Type of Condo: Apartment

In which floor (groundfloor=0): 6

Total number of floors with GF and possibly DG: 6

Approx. living area: 121.00 m²

Source or reference to the floor space information: The interior area of the flat is 106m²; the living area with a partial credit of the terrace is 121m², the terrace itself has more than 100m² - a paradise!

Owner used: Yes

Number of rooms (German counting): 3.00

Number of bedrooms: 2

Number of bathrooms: 2

Guest WC (powder room): 1

Height of rooms (in m): 2.65 m

Balcony, Terrace, Loggia: Large terrace close to the clouds ..... here you feel free and without anyone watching you.

Co-ownership shares: 397,76/100.000 MEA

Share of property on the land in %: 0.398 %

Monthly housing fee: € 801.00

How much (in EUR) of maintenance fund payment already included in housing fee: € 258.38

(More) Informations on maintenance reserve fund: The status as of December 31, 2020 is not yet available. The allocation amounted to approx. € 685,000; the withdrawals are not yet known.

Note: This includes the separate cellar room with 1 € / month, the parking space with 27 € / month. and the apartment with 773 € / month.

In case of renting out payable amount by tenant: € 418.39

Source of these informations: Economic plan 2021

Renovations to be done in the flat: The buyer must expect renovation work in the apartment.

Special use rights: Parking space, cellar room

Number of units in the block: 301

Massive or extensive refurbishments (year):

The following measures were carried out in 2019:
Fire dampers (€ 223,236)
Terrace renovations (€ 35,546)
Emergency lighting (€ 104,867)
Sprinkler system (€ 25,641.30)
The following extensive renovation measures have been carried out in the past few years:
Renovation of the swimming pool area (2011)
......

Condition: The overall condition of the property is very good. The outdoor facilities are regularly well maintained. The entire property is almost like a small enclave in itself, inside with a garden, in the outside areas all green and other areas, paintwork, etc. have been very well maintained or renewed.

Already decided actions?: See resolution collection and owner minutes

Which cost decisions have been made into which a buyer would enter after buying?: none recognisable with special apportionments; the annual high reserve savings of € 685,000 are intended to ensure that all measures can be paid for out of the maintenance reserve (Instandhaltungsrücklage).

General information on the renting situation: The apartment is not rented and is handed over free of tenancy or lease agreements.

Land tax: € 627.00

Comment to the cost positions: All other cost items can be found in detail in the annual business plan, which we will be happy to make available to you.

Renovations done in the building: For this purpose, it is advisable to carefully read the collection of decisions of the administration, which is kept from 2007-2020. All measures implemented during this period are listed there.

Renovations to be done in the building: The renovation of the balcony soffits will be continued and paid for from the maintenance reserve. For the rest, see the collection of resolutions.

Other information or specialties: generations will offer this special residential flair. All efforts are aimed at preserving the beauty of the architecture, the green spaces and also the children's playground. Even a bee meadow is to be planted according to the latest decision (on the hill in the inner garden area) instead of always trimming the lawn to "English".

Status at handover: vacant

Available as of: negotiable

When is object available: As soon as the purchase price has been paid, it can be handed over (processing time approx. 4-6 weeks)

Background and history: The property was once a showpiece of the Hessische Landesbank, which got into serious trouble and had to be rescued by the state of Hesse....see Wikipedia under "Sonnenring Frankfurt".

What is the outstanding feature of this property: The uniqueness of this complex combined with the dream view of this flat

Appointments for viewings: By arrangement

When can handover be done?: Immediately when the purchase price has been paid