NOT LISTED FOR SALE

16 Cedar St Tappan, NY 10983

Estimated Value: $663,000 - $1,076,000

2 Beds
2.5 Baths
1,752 Sq Ft
$450/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $370,000 $211 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,409/month

274 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Formal Dining Room
  • William O Schaefer Elementary School Rated A
  • Main Floor Primary Bedroom
  • 3-minute walk to German Masonic Park

About This Home

As of September 2016

Charming, almost 100 year old home (legal 2 family, owner does not have to live here) with updated kitchens, baths and utilities. Perfect for the owner(s) to live on the main floor and rent the apartment above for added income. Or could be used as a single family, occupying both floors which would give 3 bedrooms and a den, living room with fireplace, formal dining room, 2 kitchens and 2 and a half baths, plus a full basement, walk up attic, and 2 car garage. Walk to a bus to the city. 2 furnaces and 2 gas meters, 2 electric meters. Water is common. Potting shed in back yard with electric. Front office could become a second bedroom for main floor. As a single family, this house could have up to 5 bedrooms with slight alterations.

Last Agent to Sell the Property

Ernest Schlesinger

Ellis Sotheby's Intl Realty Brokerage Phone: 845-353-4250 License #30SC0721803 Listed on: 10/19/2015

Ellis Sotheby's Intl Realty

Last Buyer's Agent

Michel Henry

Ellis Sotheby's Intl Realty License #10301215778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,113

Year Built

  • Built in 1929

Lot Details

  • 9,583 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,752 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Schools

  • William O Schaefer Elementary School
  • South Orangetown Middle School
  • Tappan Zee High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 392489.077.006-0003-016.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,113

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story, Colonial
  • Property SubType: Multi Family
  • Year Built: 1929
  • Attribution Contact: 845-353-4250
  • Village: None
  • Hamlet: Tappan
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 2
  • Living Area: 1752
  • SquareFootage: 1752.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Aluminum Siding

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: South Orangetown Middle School

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 0.2200
  • Lot Size Sq Ft: 9583
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 392489.077.006-0003-016.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1

Tax Info

  • Tax Annual Amount: 12113
  • Tax Map Number: 392489.077.006-0003-016.000/0000
  • IncludedInTaxes: Sewer

MLS Schools

  • Elementary School: William O Schaefer Elementary School
  • High School: Tappan Zee High School
  • Middle School District: South Orangetown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Sep 9, 2016
Sold by
Adkins Darrett and Adkins Ingrid L
Bought by
Riveiro Juan M and Garcia Elizabeth
Seller's Agent
Ernest Schlesinger
Ellis Sotheby's Intl Realty
Buyer's Agent
Michel Henry
Ellis Sotheby's Intl Realty
List Price
$399,999
Sold Price
$370,000
Premium/Discount to List
-$29,999
-7.5%
Current Estimated Value
$743,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,414
Avg. Annual Appreciation
7.40%
Original Mortgage
$277,500
Outstanding Balance
$224,184
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$474,818

Purchase Details

Closed on
Jun 13, 2000
Sold by
Vancora John and Vancora Jean
Bought by
Adkins Darrett and Adkins Ingrid L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

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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
Riveiro Juan M $370,000 None Available
Adkins Darrett $275,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riveiro Juan M $277,500
Previous Owner Adkins Darrett $234,100
Previous Owner Adkins Darrett $245,000
Previous Owner Adkins Darrett $22,639
Previous Owner Adkins Darrett $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold $370,000 -7.5% $211 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $399,999 -- $228 / 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 $15,633 $197,100 $48,700 $148,400
2022 $12,211 $197,100 $48,700 $148,400
2021 $12,211 $197,100 $48,700 $148,400
2020 $13,558 $197,100 $48,700 $148,400
2019 $12,762 $197,100 $48,700 $148,400
2018 $12,762 $197,100 $48,700 $148,400
2017 $12,386 $197,100 $48,700 $148,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4546858

OneKey® MLS

APN: 392489-077-006-0003-016-000-0000