NOT LISTED FOR SALE

22 Locust Ave Cortlandt Manor, NY 10567

Estimated Value: $607,727 - $727,000

4 Beds
2 Baths
1,760 Sq Ft
$377/Sq Ft Est. Value

Last Sold November 13, 2018

Last sale price $437,500 $249 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,764/month

52 Days on Market

Highlights

  • Arts and Crafts Architecture
  • Porch
  • Eat-In Kitchen
  • Lincoln Titus Elementary School Rated A
  • 2 Car Attached Garage
  • Hot Water Heating System

About This Home

As of November 2018

Two Family Ranch Style Home with Great Curb Appeal. Building is Solid and was a Country School House Years Ago. Great Income Potential for an Investor or Live in One Unit and Rent the Other. Each Unit has Two Bedrooms and One Full Bath plus Living Room & Kitchen with High Ceilings. One Can Convert this into a Single Family and Make this Their 4 Bedroom 2 Full Bath Dream Home. Lower Level has a Walk-Out Basement. Pull Down Stairs to Access Full Attic in Unit A. There is So Much Storage in Attic and Basement! Laundry on Site.Exterior Recently Painted. Two Separate Driveways for Off Street Parking Plus a 2 Car Garage.Extremely Large Porch for Tenants to Share & a Great Backyard!Nothing to do but start collecting rent. Conveniently Located Near the Bear Mountain Parkway & Taconic State Parkway. Close to Metro North Railroad. Contact agent for a list of expenses. Each unit has their own oil tank & there are two electric meters. Great rent roll & decent taxes. This one is a true Money Maker!

Last Agent to Sell the Property

Joann Perna

Guardian Realty Center, LLC License #49PE1108122 Listed on: 08/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,804

Year Built

  • Built in 1915

Lot Details

  • 0.47 Acre Lot
  • No Common Walls

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 1,760 Sq Ft Home
  • Arts and Crafts Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Schools

  • Lincoln Titus Elementary School
  • Lakeland-Copper Beech Middle Sch
  • Walter Panas High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Eat-In Kitchen
  • Porch

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 2289-034-005-00003-000-0011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,804

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Arts&Crafts
  • Property SubType: Multi Family
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Partial, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 1760.00
  • Square Footage: 1760.00

Exterior Features

  • Construction Materials: Shingle Siding
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

  • Elementary School: Lincoln Titus Elementary School
  • Middle School: Lakeland-Copper Beech Middle Sch
  • High School: Walter Panas High School
  • Middle School: Lakeland-Copper Beech Middle Sch

Lot Info

  • Lot Size Acres: 0.4700
  • Lot Size Area: 0.4700
  • Lot Dimensions: 0.4679
  • Lot Size Sq Ft: 20382.00
  • Lot Size Units: Acres
  • Parcel Number: 2289-034-005-00003-000-0011
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2018-11-13
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 12804.00
  • Tax Map Number: 2289-034-005-00003-000-0011

Multi Family

  • Units Total: 2
  • Two Bedrooms: 2
  • Separate Electric Meters: 2

MLS Schools

  • Elementary School: Lincoln Titus Elementary School
  • High School: Walter Panas High School
  • Middle School District: Lakeland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2019
Sold by
7 Locust Avenue Llc
Bought by
Locust 1031 Llc
Current Estimated Value
$659,238

Purchase Details

Closed on
Jan 31, 2019
Sold by
Farina Salvatore V and Farina Katherine
Bought by
Svf Llc

Purchase Details

Closed on
May 31, 2013
Sold by
Abinanti Joseph P
Bought by
7 Locust Avenue Llc

Purchase Details

Closed on
Nov 17, 2009
Sold by
Lamarco Vincent and Lamarco Margaret
Bought by
Barrezueta Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,985
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2008
Sold by
Castaldi Michael P
Bought by
22 Locust Avenue Llc

Purchase Details

Closed on
Jul 6, 2004
Sold by
Butler Kevin
Bought by
Castaldi Michael P

Purchase Details

Closed on
Oct 20, 2003
Sold by
Nitschke James P
Bought by
Butler Kevin

Purchase Details

Closed on
Dec 4, 2002
Sold by
Nitschke James P
Bought by
Nitschke James P and James Nitschke Trust
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
Locust 1031 Llc $600,000 Stewart Title Insurance Co
Svf Llc -- Flatiron Abstract Llc
7 Locust Avenue Llc $500,000 Benchmark Title
Barrezueta Kathleen $380,000 None Available
22 Locust Avenue Llc -- The Judicial Title Insurance
Castaldi Michael P $815,000 --
Butler Kevin $725,000 Chicago Title Insurance Comp
Nitschke James P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrezueta Kathleen $347,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $437,500 -2.6% $249 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $449,000 0.0% $255 / Sq Ft
07/13/2012 07/13/12 Rented $1,250 -7.4% --
06/13/2012 06/13/12 Under Contract -- -- --
05/17/2012 05/17/12 For Rent $1,350 -- --
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 $14,064 $6,350 $500 $5,850
2023 $13,461 $6,350 $500 $5,850
2022 $13,100 $6,350 $500 $5,850
2021 $13,043 $6,350 $500 $5,850
2020 $13,006 $6,350 $500 $5,850
2019 $12,870 $6,350 $500 $5,850
2018 $12,727 $6,350 $500 $5,850
2017 $0 $6,350 $500 $5,850
2016 $12,360 $6,350 $500 $5,850
2015 -- $6,350 $500 $5,850
2014 -- $6,350 $500 $5,850
2013 -- $6,350 $500 $5,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4835794

OneKey® MLS

APN: 2289-034-005-00003-000-0011