NOT LISTED FOR SALE

18 Smith St Middletown, NY 10940

Estimated Value: $326,195 - $411,000

4 Beds
2 Baths
2,020 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $85,000 $42 Per Sq Ft

Est. 335% increase in value since last sale

Current estimated payment $2,363/month

227 Days on Market

Highlights

  • Water Access
  • Property is near public transit
  • Window Unit Cooling System
  • Colonial Architecture
  • Porch
  • 3-minute walk to Thrall Park

About This Home

As of June 2016

FANTASTIC INVESTMENT PROPERTY WITH OVER A 15% CAP RATE!!!!! This legal 2 family home sits on a quiet street in the heart of Middletown. The first floor unit features 2 bedrooms, 1 bath with a spacious living room and kitchen. The second floor unit features 2 bedrooms 1 bath with a spacious living room, kitchen, plus a bonus attic access which features 2 additional extra rooms. The boiler, electrical, and hot water tanks were recently updated. There is hardwood floors throughout and each unit has a front facing porch. There is a detached garage for additional storage space as well. Close to shopping, bus station, SUNY Orange, parks, and schools. Tenants are long term tenant of over 2 years in each unit. With a little TLC simply purchase and collect on your investment !!! THE HOME IS IN AS-IS CONDITION.

Last Agent to Sell the Property

Rachel Lindley

KFortuna All Aspects Realty Brokerage Phone: 845-928-8000 License #10301213117 Listed on: 06/28/2015

Last Buyer's Agent

Rachel Lindley

KFortuna All Aspects Realty Brokerage Phone: 845-928-8000 License #10301213117 Listed on: 06/28/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,545

Year Built

  • Built in 1901

Lot Details

  • 5,266 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Colonial Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,020 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Porch

Location

  • Property is near public transit

Schools

  • Maple Hill Elementary School
  • Monhagen Middle School
  • Middletown High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities, cooking gas, electricity, heat
  • Assessor Parcel Number 330900.016.000-0011-009.000/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,545

Year Built

Built in 1901

Lot Details

5,266 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: 845-928-8000
  • Village: None
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 2020
  • SquareFootage: 2020.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Waterfront Features: Water Access
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Off Street, Storage

Utilities

  • Cooling: None, Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Monhagen Middle School

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.1209
  • Lot Size Sq Ft: 5266
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 330900.016.000-0011-009.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Cooking Gas, Electricity, Heat

Multi Family

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

Tax Info

  • Tax Annual Amount: 4545
  • Tax Map Number: 330900.016.000-0011-009.000/0000
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Elementary School: Maple Hill Elementary School
  • High School: Middletown High School
  • Middle School District: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2018
Sold by
Estrella Martin
Bought by
18 Smith Street Llc
Current Estimated Value
$370,049

Purchase Details

Listed on
Jun 28, 2015
Closed on
Jun 2, 2016
Sold by
Mannan Abdul
Bought by
Estrella Martin
Seller's Agent
Rachel Lindley
KFortuna All Aspects Realty
Buyer's Agent
Rachel Lindley
KFortuna All Aspects Realty
List Price
$124,900
Sold Price
$85,000
Premium/Discount to List
-$39,900
-31.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.16%
Original Mortgage
$63,750
Interest Rate
3.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2010
Sold by
Spectra Intern'L Services
Bought by
Mannan Abdul

Purchase Details

Closed on
Dec 24, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Spectra International Services Inc

Purchase Details

Closed on
May 28, 2009
Sold by
Hill Stacey
Bought by
Hsbc Bank Usa Na As Trustee

Purchase Details

Closed on
Mar 30, 2006
Sold by
Andujar Lesbia
Bought by
Hill Stacey

Purchase Details

Closed on
Oct 24, 2005
Sold by
Hayward Roselee
Bought by
Andujar Lesbia

Purchase Details

Closed on
Jul 13, 2005
Sold by
Bowie Patrick
Bought by
Hayward Roselee

Purchase Details

Closed on
Mar 11, 2004
Sold by
Torres Ninda
Bought by
Bowie Patrick

Purchase Details

Closed on
Jan 8, 2004
Sold by
Bowie Priscilla
Bought by
Torres Ninda

Purchase Details

Closed on
Nov 20, 2003
Sold by
George Reeder Jr
Bought by
Bowie Priscilla

Purchase Details

Closed on
Dec 3, 1996
Sold by
Reeder George and Morse Marion D
Bought by
Reeder George
Source: Public Records
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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
18 Smith Street Llc -- --
Estrella Martin $85,000 Bonnie Spillers
Mannan Abdul -- John T O'Friel
Spectra International Services Inc $85,000 John O'Friel
Hsbc Bank Usa Na As Trustee $357,092 Shapiro & Dicaro
Hill Stacey $265,000 Jose Camacho, Esq.
Andujar Lesbia $225,000 Jose Camacho, Esq.
Hayward Roselee $205,000 Jose Camacho
Bowie Patrick $108,000 Phil Napolitano
Torres Ninda $120,000 Jose Camach
Bowie Priscilla $65,000 Phil Napolitano
Reeder George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estrella Martin $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2016 06/02/16 Sold $85,000 -31.9% $42 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
06/28/2015 06/28/15 For Sale $124,900 -- $62 / 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 $4,996 $18,200 $4,100 $14,100
2023 $4,996 $18,200 $4,100 $14,100
2022 $4,894 $18,200 $4,100 $14,100
2021 $5,148 $18,200 $4,100 $14,100
2020 $2,108 $18,200 $4,100 $14,100
2019 $2,051 $18,200 $4,100 $14,100
2018 $4,889 $18,200 $4,100 $14,100
2017 $4,740 $18,200 $4,100 $14,100
2016 $4,753 $18,200 $4,100 $14,100
2015 -- $18,200 $4,100 $14,100
2014 -- $18,200 $4,100 $14,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4530164

OneKey® MLS

APN: 330900-016-000-0011-009.000-0000

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