NOT LISTED FOR SALE

20 Pinebrook Rd Monsey, NY 10952

Estimated Value: $841,000 - $2,265,093

5.89 Acres
$304,079 Price per Acre
256,568 Sq Ft Lot

Last Sold September 02, 2024

Last sale price $2,100,000 $2,063 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $10,533/month

55 Days on Market

About This Lot

As of September 2024

Discover a secluded paradise on almost 6 acres, offering a blank canvas of possibilities! This expansive property could potentially be subdivided into a few exclusive lots, each hosting a single-family home, or even envision a community hub with a school and amenities. No approvals or guarantees are in place. The property already generates a steady income stream with a existing house on site, collecting $3,400 in monthly rent. This provides a lucrative opportunity to earn while you explore development options and work through the approval process. Explore the potential, but always verify with local authorities for any development or zoning regulations.

Last Agent to Sell the Property

Dov Tessler

Keller Williams Hudson Valley Brokerage Phone: 845-596-2434 License #10401303907 Listed on: 05/21/2024

Keller Williams Hudson Valley

Last Buyer's Agent

Dov Tessler

Keller Williams Hudson Valley Brokerage Phone: 845-596-2434 License #10401303907 Listed on: 05/21/2024

Keller Williams Hudson Valley

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,375

Year Built

  • Built in 1913

Lot Details

  • 5.89

Schools

  • Margetts Elementary School
  • Chestnut Ridge Middle School
  • Spring Valley High School

Additional Features

  • 5.89 Acre Lot
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 392615-062-019-0001-003-000-0000

Property Details

Property Type

Land

Est. Annual Taxes

$13,375

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Land
  • Year Built: 1913
  • Current Use: Single Family
  • Attribution Contact: 845-596-2434
  • CurrentPrice: 2100000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 434465.1952
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Chestnut Ridge Middle School

Lot Info

  • Lot Size Acres: 5.89
  • Lot Size Sq Ft: 256568
  • Parcel Number: 392615-062-019-0001-003-000-0000

Tax Info

  • Tax Annual Amount: 13375
  • Tax Year: 2023

MLS Schools

  • Elementary School: Margetts Elementary School
  • High School: Spring Valley High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Aug 29, 2024
Sold by
Inclusive Society Llc
Bought by
Salamon Joel
Seller's Agent
Dov Tessler
Keller Williams Hudson Valley
Buyer's Agent
Dov Tessler
Keller Williams Hudson Valley
List Price
$2,559,000
Sold Price
$2,100,000
Premium/Discount to List
-$459,000
-17.94%
Current Estimated Value
$1,791,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$308,977
Avg. Annual Appreciation
-11.44%
Original Mortgage
$618,750
Outstanding Balance
$611,057
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,179,966

Purchase Details

Closed on
Apr 27, 2022
Sold by
Mar Mist Trust
Bought by
Inclusive Society Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2022
Sold by
Misthopoulos Marie
Bought by
Mar Mist Trust

Purchase Details

Closed on
Mar 30, 2000
Sold by
Misthopoulos Marie and Misthopoulos Emmanuel
Bought by
Misthopoulos Marie and Misthopoulos Emmanuel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Salamon Joel $2,100,000 Land Track Title
Salamon Joel $2,100,000 Land Track Title
Inclusive Society Llc $1,760,000 None Available
Inclusive Society Llc $1,760,000 None Available
Inclusive Society Llc $1,760,000 None Available
Mar Mist Trust -- Judicial Title
Mar Mist Trust -- Judicial Title
Mar Mist Trust -- Judicial Title
Misthopoulos Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salamon Joel $618,750
Closed Salamon Joel $618,750
Previous Owner Inclusive Society Llc $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2024 09/02/24 Sold $2,100,000 -17.9% $2,063 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $2,559,000 +45.4% $2,514 / Sq Ft
06/30/2022 06/30/22 Sold $1,760,000 0.0% $1,729 / Sq Ft View Prior Sale
02/14/2022 02/14/22 Pending -- -- --
01/14/2022 01/14/22 Off Market $1,760,000 -- --
01/04/2022 01/04/22 For Sale $1,600,000 -- $1,572 / 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 $13,784 $62,500 $36,900 $25,600
2023 $13,784 $62,500 $36,900 $25,600
2022 $14,023 $62,500 $36,900 $25,600
2021 $13,955 $62,500 $36,900 $25,600
2020 $12,282 $62,500 $36,900 $25,600
2019 $12,207 $62,500 $36,900 $25,600
2018 $12,207 $62,500 $36,900 $25,600
2017 $12,292 $62,500 $36,900 $25,600
2016 $12,285 $62,500 $36,900 $25,600
2015 -- $62,500 $36,900 $25,600
2014 -- $62,500 $36,900 $25,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6308385

OneKey® MLS

APN: 392615-062-019-0001-003-000-0000