NOT LISTED FOR SALE

106 Academy Ave Middletown, NY 10940

Estimated Value: $354,000 - $434,000

6 Beds
2 Baths
2,376 Sq Ft
$167/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $245,000 $103 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,590/month

87 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Property is near public transit
  • Corner Lot
  • 1 Car Detached Garage

About This Home

As of February 2020

MULTI-FAMILY! Duplex w/hardwood floors, off-street parking, driveway on both sides of the house w/garage and backyard. Tenants pay their own utilities, 2 furnaces w/ 2 hot water heaters (owner pays for water)! 2 units are mirror image of each other, each with 3 Bedrooms and Full Bathroom upstairs; Living Room, Dining Room, and Kitchen on the main floor; Separate Full Basement(s) with Washer Dryer Hookups. Enter into the living room in front of the home - kitchen in the rear w/pantry and another entrance! The current owner has made upgrades and the home is well maintained. There are long term tenants in each unit. Monthly rental income of $2,566.00 ($1,283.00 per unit). There aren't a lot of two families as nice as this, it won't last long!

Last Agent to Sell the Property

Jean DiMatteo

DiMatteo Realty LLC License #10491205206 Listed on: 10/01/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,940

Year Built

  • Built in 1880

Lot Details

  • 5,149 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,376 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • William A Carter Elementary School
  • Middletown High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 330900.041.000-0001-001.000/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,940

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Living Area: 2376.00
  • Square Footage: 2376.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1200
  • Lot Dimensions: 0.1182
  • Lot Size Sq Ft: 5149.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 330900.041.000-0001-001.000/0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Tax Info

  • Close Date: 2020-02-19
  • Included in Taxes: Trash
  • Tax Annual Amount: 5940.00
  • Tax Map Number: 330900.041.000-0001-001.000/0000

Multi Family

  • Units Total: 2
  • Three Bedrooms: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: William A Carter Elementary
  • High School: Middletown High School
  • Middle School District: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2022
Sold by
Victory Court Llc
Bought by
Prokop Julia M
Current Estimated Value
$397,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,550
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2021
Sold by
Sanchez-Crus Jesus
Bought by
Victory Court Llc

Purchase Details

Listed on
Oct 1, 2019
Closed on
Feb 19, 2020
Sold by
Belveduto Mark and Belveduto Nancy
Bought by
Xu Bin and Li Yan
Seller's Agent
Jean DiMatteo
DiMatteo Realty LLC
List Price
$278,800
Sold Price
$245,000
Premium/Discount to List
-$33,800
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Closed on
Feb 9, 1999
Sold by
Stack Joanne Link and Stack Robert C
Bought by
Belveduto Mark and Belveduto Nancy
Source: Public Records

Range of Values:

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Average Value
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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
Prokop Julia M $309,000 None Available
Victory Court Llc $185,000 None Available
Xu Bin $245,000 Assurance Abstract & Title S
Belveduto Mark $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prokop Julia M $293,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2020 02/19/20 Sold $245,000 -8.9% $103 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
11/05/2019 11/05/19 Price Changed $268,800 -3.6% $113 / Sq Ft
10/01/2019 10/01/19 For Sale $278,800 -- $117 / Sq Ft
Source: OneKey® MLS

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
2024 $6,067 $22,100 $5,100 $17,000
2023 $6,067 $22,100 $5,100 $17,000
2022 $5,942 $22,100 $5,100 $17,000
2021 $6,251 $22,100 $5,100 $17,000
2020 $2,560 $22,100 $5,100 $17,000
2019 $2,491 $22,100 $5,100 $17,000
2018 $5,937 $22,100 $5,100 $17,000
2017 $5,756 $22,100 $5,100 $17,000
2016 $5,771 $22,100 $5,100 $17,000
2015 -- $22,100 $5,100 $17,000
2014 -- $22,100 $5,100 $17,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY5086494

OneKey® MLS

APN: 330900-041-000-0001-001.000-0000