NOT LISTED FOR SALE

Estimated Value: $209,000 - $286,000

4 Beds
3 Baths
2,169 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 23, 2012

Last sale price $75,000 $35 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $1,712/month

27 Days on Market

Highlights

  • Baseboard Heating
  • 2 Car Garage
  • 4-minute walk to Elks-Brox Memorial Park
  • Port Jervis High School Rated A-

About This Home

As of May 2012

Here's another great Port Jervis investment opportunity. This is a 2100+ sqft three family residential located on a corner lot with a detached two-car garage. The first floor has a one bedroom apartment, and a studio apartment, the second floor is a two bedroom unit. There is a one boiler, but separate cooking gas, hot water, and electric for each unit. The place needs repairs and significant updating, but once complete, this will be a solid income producer. Due to the repairs needed, any financed offers will require a rehab loan.

Last Agent to Sell the Property

Keith Sumner

John J Lease REALTORS Inc Brokerage Phone: 845-344-2800 License #40SU0908873 Listed on: 03/29/2012

Last Buyer's Agent

Keith Sumner

John J Lease REALTORS Inc Brokerage Phone: 845-344-2800 License #40SU0908873 Listed on: 03/29/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,169 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Anna S Kuhl Elementary School
  • Port Jervis Middle School
  • Port Jervis Senior High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 331300.008.000-0013-001.000/0000

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: 845-344-2800
  • Village: None
  • Hamlet: Port Jervis
  • MaintenanceRepairsExpense: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 4
  • Living Area: 2169
  • Owner Pays: Insurance
  • SquareFootage: 2169.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Port Jervis Middle School

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 0.1200
  • Lot Size Sq Ft: 5227
  • Lot Size Units: Acres
  • Parcel Number: 331300.008.000-0013-001.000/0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 5986
  • Tax Map Number: 331300.008.000-0013-001.000/0000

MLS Schools

  • Elementary School: Anna S Kuhl Elementary School
  • High School: Port Jervis Senior High School
  • Middle School District: Port Jervis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2012
Closed on
May 22, 2012
Sold by
The Bank Of New York Mell
Bought by
Blanton James
Seller's Agent
Keith Sumner
John J Lease REALTORS Inc
Buyer's Agent
Keith Sumner
John J Lease REALTORS Inc
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Total Days on Market
27
Current Estimated Value
$237,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,667
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Jan 31, 2012
Sold by
John J Fallon As Referee
Bought by
The Bank Of New York Mellon Ttee Of and Cit Mortgage

Purchase Details

Closed on
Dec 6, 2005
Sold by
Taylor Mitchel
Bought by
Andriopoulos Louis

Purchase Details

Closed on
Nov 5, 2004
Sold by
Yennie Brian
Bought by
Taylor Mitchel L

Purchase Details

Closed on
Nov 16, 2002
Sold by
Janis Roger A and Janis Joyce L
Bought by
Yennie Brian and Yennie Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.07%

Purchase Details

Closed on
Mar 9, 1995
Sold by
Parker Jeffrey A
Bought by
Janis Roger A and Janis Joyce L
Source: Public Records

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Range of Values:

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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
Blanton James $75,000 --
The Bank Of New York Mellon Ttee Of $191,270 --
Andriopoulos Louis $192,500 Steven Diderian
Taylor Mitchel L $116,000 David Stein
Yennie Brian $86,000 --
Janis Roger A $67,000 --
Parker Jeffrey A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yennie Brian $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2012 05/23/12 Sold $75,000 -6.1% $35 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $79,900 -- $37 / 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
2023 $4,595 $64,000 $6,300 $57,700
2022 $5,871 $64,000 $6,300 $57,700
2021 $5,082 $64,000 $6,300 $57,700
2020 $5,212 $64,000 $6,300 $57,700
2019 $6,399 $64,000 $6,300 $57,700
2018 $6,399 $64,000 $6,300 $57,700
2017 $5,035 $64,000 $6,300 $57,700
2016 $6,536 $64,000 $6,300 $57,700
2015 -- $64,000 $6,300 $57,700
2014 -- $64,000 $6,300 $57,700
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY524358

OneKey® MLS

APN: 331300-008-000-0013-001.000-0000