NOT LISTED FOR SALE

Estimated Value: $585,568 - $1,094,000

4 Beds
2 Baths
2,680 Sq Ft
$310/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $445,000 $166 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,365/month

About This Home

As of October 2020

Huge legal two family in the heart of Spring Valley with 4 bedrooms and 4 additional rooms, for a total of 8 possible bedrooms! EACH floor features 2beds/1bath with 2 additional home office spaces. Separate gas and electric. Great rental property on a corner lot with a large unfinished basement. Both units are rented. Needs some TLC and sold AS IS. Priced to sell!

Last Agent to Sell the Property

Vijith Jose

J Realty Group License #10311206894 Listed on: 06/25/2020

Last Buyer's Agent

Vijith Jose

J Realty Group License #10311206894 Listed on: 06/25/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,272

Year Built

  • Built in 1957

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,680 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Schools

  • Elmwood Elementary School
  • Chestnut Ridge Middle School
  • Ramapo High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 392003.057.040-0001-039.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,272

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Hamlet: Spring Valley
  • Year Built: 1957
  • Attribution Contact: 646-530-1040
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2680.00
  • Square Footage: 2680.00

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Elmwood Elementary School
  • Middle School: Chestnut Ridge Middle School
  • High School: Ramapo High School
  • Middle School: Chestnut Ridge Middle School

Lot Info

  • Lot Size Acres: 0.1600
  • Lot Size Area: 0.1600
  • Lot Size Sq Ft: 6970.00
  • Lot Size Units: Acres
  • Parcel Number: 392003.057.040-0001-039.000/0000
  • Property Attached: No

Rental Info

  • Hold Start Date: 2020-07-17
  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2020-10-01
  • Tax Annual Amount: 13272.00
  • Tax Map Number: 392003.057.040-0001-039.000/0000

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Oct 1, 2020
Sold by
Lambert Maximo O and Lambert Felicia M
Bought by
Halberstam Chaskel
Seller's Agent
Vijith Jose
J Realty Group
Buyer's Agent
Vijith Jose
J Realty Group
List Price
$500,000
Sold Price
$445,000
Premium/Discount to List
-$55,000
-11%
Current Estimated Value
$831,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,892
Avg. Annual Appreciation
12.92%

Purchase Details

Closed on
Nov 8, 2002
Sold by
Lambert Maximo O and Lambert Maximo
Bought by
Lambert Maximo O and Lambert Felicia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,942
Interest Rate
5.75%
Mortgage Type
VA

Purchase Details

Closed on
Apr 18, 1997
Sold by
Lambert Justo and Lambert Luciana
Bought by
Lambert Maximo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
7.77%
Mortgage Type
VA
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
Halberstam Chaskel $445,000 None Available
Lambert Maximo O -- --
Lambert Maximo $145,000 Judicial Title Ins Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halberstam Chaskel $160,000
Closed Halberstam Chaskel $75,000
Open Halberstam Chaskel $420,000
Previous Owner Lambert Maximo O $148,942
Previous Owner Lambert Maximo $147,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $445,000 0.0% $166 / Sq Ft
07/11/2020 07/11/20 Off Market $445,000 -- --
06/25/2020 06/25/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $500,000 -- $187 / 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 $40,258 $92,100 $11,800 $80,300
2022 $29,505 $92,100 $11,800 $80,300
2021 $6,469 $92,100 $11,800 $80,300
2020 $13,092 $92,100 $11,800 $80,300
2019 $13,423 $16,900 $2,900 $14,000
2018 $13,423 $92,100 $11,800 $80,300
2017 $12,814 $92,100 $11,800 $80,300
2016 $13,107 $92,100 $11,800 $80,300
2015 -- $92,100 $11,800 $80,300
2014 -- $92,100 $11,800 $80,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6047845

OneKey® MLS

APN: 392003-057-040-0001-039-000-0000