NOT LISTED FOR SALE

128 Terrace Ave Port Chester, NY 10573

Port Chester Neighborhood

Estimated Value: $754,217 - $938,000

6 Beds
3 Baths
2,037 Sq Ft
$413/Sq Ft Est. Value

Last Sold September 30, 2017

Last sale price $550,000 $270 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,032/month

97 Days on Market

Highlights

  • Chalet
  • Wood Flooring
  • Balcony
  • Property is near public transit
  • Main Floor Primary Bedroom
  • 3-minute walk to Joseph Curtis Recreation Park

About This Home

As of September 2017

Investors dream with over 7% CAP. A fully rented 3 family home in excellent condition on quiet street in convenient location. Renovations and updates were done in 2009 including new roof. All apartments have eat-in kitchens. One parking spot for each tenant plus a two car garage for rent or storage. Coin operated laundry in large basement for all tenants use.

Last Agent to Sell the Property

Linda Einfrank

Sterling Property Solutions Brokerage Phone: 914-355-3277 License #10311203102 Listed on: 02/07/2017

Last Buyer's Agent

Beatriz Alvarez

West Green + Assoc RE Brokers License #10491201869

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,025

Year Built

  • Built in 1900 | Remodeled in 2010

Lot Details

  • 4,064 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Chalet
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,037 Sq Ft Home
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Location

  • Property is near public transit

Schools

  • Thomas A Edison Elementary School
  • Port Chester Middle School
  • Port Chester Senior High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4801-136-000-00072-001-0016-0000000

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,025

Year Built

Built in 1900 | Remodeled in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Year Built: 1900
  • Year Built Effective: 2010
  • Attribution Contact: 914-355-3277
  • Village: Port Chester
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 2037
  • Owner Pays: Insurance
  • SquareFootage: 2037.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Stucco
  • Exterior Features: Balcony
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Trash Collection, Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 1500
  • AdditionalFeesYN: 0

Schools

  • Middle School: Port Chester Middle School

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 0.0933
  • Lot Size Sq Ft: 4064
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 4801-136-000-00072-001-0016-0000000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 2558
  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 9025
  • Tax Map Number: 4801-136-000-00072-001-0016-0000000
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Thomas A Edison School
  • High School: Port Chester Senior High School
  • Middle School District: Port Chester-Rye

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2017
Closed on
Sep 28, 2017
Sold by
Leclind R E Llc
Bought by
Ramirez Richaro
Seller's Agent
Linda Einfrank
Sterling Property Solutions
Buyer's Agent
Beatriz Alvarez
West Green + Assoc RE Brokers
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Current Estimated Value
$842,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,054
Avg. Annual Appreciation
5.33%
Original Mortgage
$535,128
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2009
Sold by
The Bank Of New York
Bought by
Leelind R E Llc

Purchase Details

Closed on
Aug 14, 2008
Sold by
Palmer Ana
Bought by
Bank Of New York

Purchase Details

Closed on
Dec 4, 2007
Sold by
Palmer Ana
Bought by
Residential Home Funding Corp

Purchase Details

Closed on
Jan 23, 2006
Sold by
Marzziotti Peter
Bought by
Palmer Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,200
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2005
Sold by
Marzziotti Peter
Bought by
Marzziotti Peter

Purchase Details

Closed on
Feb 5, 2003
Sold by
Ballantoni Joseph C
Bought by
Marzziotti Peter and Marzziotti Troy
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
Ramirez Richaro $550,000 The Great American Title Age
Leelind R E Llc $300,000 Commonwealth Land Title Insu
Bank Of New York $436,687 None Available
Residential Home Funding Corp $148,500 None Available
Palmer Ana $550,000 United General Title Ins Co
Marzziotti Peter -- --
Marzziotti Peter $450,000 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Ricardo $76,500
Open Ramirez Ricardo $534,000
Closed Ramirez Richaro $535,128
Previous Owner Palmer Ana $453,200
Previous Owner Ballantoni Joseph C $285,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2017 09/30/17 Sold $550,000 -8.2% $270 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $599,000 -- $294 / 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 $17,329 $759,500 $111,600 $647,900
2023 $16,075 $709,800 $106,300 $603,500
2022 $13,333 $669,600 $106,300 $563,300
2021 $14,164 $543,500 $106,300 $437,200
2020 $14,327 $532,800 $106,300 $426,500
2019 $18,282 $491,600 $108,300 $383,300
2018 $6,958 $414,200 $109,200 $305,000
2017 $1,410 $336,400 $100,900 $235,500
2016 $12,446 $320,200 $96,100 $224,100
2015 -- $316,600 $105,700 $210,900
2014 -- $278,800 $80,900 $197,900
2013 -- $278,800 $80,900 $197,900
Source: Public Records

Agents Affiliated with this Home

  • Linda Einfrank

    Seller's Agent in 2017

    Linda Einfrank

    Sterling Property Solutions

    (914) 391-4075

    20 Total Sales

    Linda Einfrank
    Section Image
  • Beatriz Alvarez

    Buyer's Agent in 2017

    Beatriz Alvarez

    West Green + Assoc RE Brokers

    (914) 882-1531

    9 in this area

    46 Total Sales

    Beatriz Alvarez
    Section Image

  • D

    Buyer's Agent in 2017

    Debra Marks

    Prudential Galeria Real Estate

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4702321

OneKey® MLS

APN: 4801-136-000-00072-001-0016-0000000

New York Westchester County Port Chester 10573 Port Chester

128 Terrace Ave, Port Chester, NY

This home is located at 128 Terrace Ave, Port Chester, NY 10573 since 07 February 2017 and is currently estimated at $842,054, approximately $413 per square foot. This property was built in 1900. 128 Terrace Ave is a home located in Westchester County with nearby schools including Port Chester Senior High School, Westchester Fairfield Hebrew A, and Westchester Family Academy.

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