NOT LISTED FOR SALE

12 Prospect St Spring Valley, NY 10977

Estimated Value: $967,766 - $1,289,000

12 Beds
4 Baths
3,192 Sq Ft
$332/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $626,000 $196 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,684/month

121 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Property is near public transit
  • Porch
  • 4-minute walk to Walton Gould Children's Park

About This Home

As of September 2020

EXCELLENT OPPORTUNITY FOR THE SAVVY INVESTOR! APP. $6,000 A MONTH INCOME. MULTI FAMILY - 12 BEDROOMS AND 4 BATHROOMS - IN THE HEART OF SPRING VALLEY, BUILT 1988, RENOVATED AND EXTENDED IN 2017. 2 FLOORS EACH WITH 6 BEDROOMS AND 2 BATHROOMS. GREAT RETURN ON YOUR INVESTMENT. TAXES CAN BE GRIEVED. LOVELY BACKYARD WITH LARGE DRIVEWAY. WALKING DISTANCE TO SHOPPING, TRANSPORTATION, AND MANY CONVENIENCES. CLOSE TO THE TRAIN STATION, AND EASY ACCESS TO HIGHWAYS. HOME SIZE, LOT SIZE, AND TAXES ARE APPROXIMATE.

Last Agent to Sell the Property

Jacob Friedman

eRealty Advisors, Inc License #10401233081 Listed on: 05/25/2020

eRealty Advisors, Inc

Last Buyer's Agent

Jacob Friedman

eRealty Advisors, Inc License #10401233081 Listed on: 05/25/2020

eRealty Advisors, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,786

Year Built

  • Built in 1988 | Remodeled in 2017

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • Parking Lot

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,192 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Instant Hot Water

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Schools

  • Hempstead Elementary School
  • Pomona Middle School
  • Ramapo High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 392605.050.080-0001-035.000/0000

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

$19,786

Year Built

Built in 1988 | Remodeled in 2017

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Hamlet: Spring Valley
  • Year Built: 1988
  • Year Built Effective: 2017
  • Attribution Contact: 845-357-4004
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: None
  • Total Bedrooms: 12
  • Living Area: 3192.00
  • Square Footage: 3192.00

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Parking Lot

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Hot Water: On Demand
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Pomona Middle School

Lot Info

  • Lot Size Acres: 0.1900
  • Lot Dimensions: 0.1900
  • Lot Size Sq Ft: 8276.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 392605.050.080-0001-035.000/0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2020-09-25
  • Included in Taxes: Trash
  • Tax Annual Amount: 19786.00
  • Tax Map Number: 392605.050.080-0001-035.000/0000

Multi Family

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

MLS Schools

  • Elementary School: Hempstead Elementary School
  • High School: Ramapo High School
  • Middle School District: East Ramapo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
3-5 Broadway Llc
Bought by
Fischer Joseph E
Current Estimated Value
$1,059,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$412,483
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$647,209

Purchase Details

Listed on
May 25, 2020
Closed on
Sep 25, 2020
Sold by
Halpert Goldie
Bought by
3 5 Broadway Llc
Seller's Agent
Jacob Friedman
eRealty Advisors, Inc
Buyer's Agent
Jacob Friedman
eRealty Advisors, Inc
List Price
$675,000
Sold Price
$626,000
Premium/Discount to List
-$49,000
-7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Jun 23, 2016
Sold by
Pnc Bank National Association
Bought by
Halpert Goldie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2015
Sold by
Klein Leah
Bought by
Pnc Bank Na

Purchase Details

Closed on
Jan 27, 2015
Sold by
Lightstone Enterprises Llc
Bought by
Mmr Management Llc

Purchase Details

Closed on
Jan 28, 2013
Sold by
Klein Joseph
Bought by
Lightstone Enterprises Llc

Purchase Details

Closed on
Nov 27, 2006
Sold by
Biltmore Real Property
Bought by
Joseph Klein

Purchase Details

Closed on
Feb 2, 2004
Sold by
Biltmore Real Property Holdings Inc
Bought by
Klein Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2001
Sold by
Goldberger Israel Yehuda
Bought by
Tallman Station Commons Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fischer Joseph E -- Old Republic Title
3 5 Broadway Llc $626,000 Commonwealth Land Title
Halpert Goldie $350,000 Judicial Title
Pnc Bank Na $238,500 Web Title Agency
Mmr Management Llc $10,000 None Available
Lightstone Enterprises Llc $280,000 None Available
Joseph Klein -- --
Klein Joseph -- None Available
Klein Leah -- Commonwealth Land Title Insu
Tallman Station Commons Corp $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Joseph E $455,000
Previous Owner Halpert Goldie $262,500
Previous Owner Klein Leah $280,000
Previous Owner Tallman Station Commons Corp $122,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $626,000 -7.3% $196 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $675,000 -- $211 / Sq Ft
Source: OneKey® MLS

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 $33,287 $72,700 $7,500 $65,200
2023 $33,287 $72,700 $7,500 $65,200
2022 $30,923 $72,700 $7,500 $65,200
2021 $12,739 $72,700 $7,500 $65,200
2020 $22,285 $72,700 $7,500 $65,200
2019 $21,030 $72,700 $7,500 $65,200
2018 $21,030 $63,300 $7,500 $55,800
2017 $16,575 $63,300 $7,500 $55,800
2016 $16,319 $63,300 $7,500 $55,800
2015 -- $63,300 $7,500 $55,800
2014 -- $63,300 $7,500 $55,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jacob Friedman

    eRealty Advisors, Inc

    (845) 659-2706

    26 Total Sales

    Jacob Friedman
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Map

Source: OneKey® MLS

MLS Number: KEY6039379

OneKey® MLS

APN: 392605-050-080-0001-035-000-0000

New York Rockland County Spring Valley 10977

12 Prospect St, Spring Valley, NY

Not Listed for Sale

MultiFamily

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