NOT LISTED FOR SALE

24 Ewing Ave Spring Valley, NY 10977

Estimated Value: $785,000 - $1,032,000

6 Beds
3 Baths
2,112 Sq Ft
$425/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $675,000 $320 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,090/month

68 Days on Market

About This Home

As of May 2022

RARE INVESTMENT OPPORTUNITY IN CENTER OF SPRING VALLEY! VERY WELL-PAYING TENANTS, SEPARATE ELECTRIC METERS, AND GREAT LOCATION! LOTS OF POTENTIALS - RENT CAN BE INCREASED AND EXPENSES CAN BE REDUCED! BE WISE, SCHEDULE YOUR SHOWING TODAY!

Last Agent to Sell the Property

Abraham Lowy

MK Realty Inc License #10401327281 Listed on: 12/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,560

Year Built

  • Built in 1929

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • 2,112 Sq Ft Home
  • Frame Construction
  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 392605-050-080-0001-041-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,560

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Hamlet: Spring Valley
  • Year Built: 1929
  • Attribution Contact: 845-782-0205
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Total Bedrooms: 6
  • Living Area: 2112.00
  • Square Footage: 2112.00

Exterior Features

  • Construction Materials: Frame, Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Chestnut Ridge Middle School

Lot Info

  • Lot Size Acres: 0.1800
  • Lot Size Sq Ft: 7841.00
  • Lot Size Units: Acres
  • Parcel Number: 392605-050-080-0001-041-000-0000
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-12-31
  • Tenant Pays: Electricity, See Remarks

Tax Info

  • Close Date: 2022-05-10
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 12560.00
  • Tax Map Number: 392605-050-080-0001-041-000-0000

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 1
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 3
  • Separate Gas Meters: 1

MLS Schools

  • Elementary School: Margetts Elementary School
  • High School: Spring Valley High School
  • Middle School District: East Ramapo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2023
Sold by
Brull Joel
Bought by
24 Ewing Llc
Current Estimated Value
$898,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2023
Sold by
24 Ewing Llc
Bought by
Brull Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2021
Closed on
May 9, 2022
Sold by
24 Ewing Trust
Bought by
24 Ewing Llc
Seller's Agent
Abraham Lowy
MK Realty Inc
List Price
$589,000
Sold Price
$675,000
Premium/Discount to List
$86,000
14.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$552,000
Interest Rate
5.09%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 17, 2021
Closed on
May 5, 2022
Sold by
Zomber Samuel P
Bought by
24 Ewing Trust
Seller's Agent
Abraham Lowy
MK Realty Inc
List Price
$589,000
Sold Price
$675,000
Premium/Discount to List
$86,000
14.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
5.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2015
Sold by
Zomber Samuel P
Bought by
Rubin Yitzchok and 24 Ewing Trust

Purchase Details

Closed on
Nov 5, 2004
Sold by
Crockett Percy
Bought by
Centre Street Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
24 Ewing Llc -- Old Republic Title
24 Ewing Llc -- Old Republic Title
24 Ewing Llc -- Old Republic Title
Brull Joel -- First American Title
Brull Joel -- First American Title
Brull Joel -- First American Title
24 Ewing Llc $690,000 Old Republic Title
24 Ewing Llc $690,000 Old Republic Title
24 Ewing Llc $690,000 Old Republic Title
24 Ewing Trust -- Old Republic Title
24 Ewing Trust -- Old Republic Title
24 Ewing Trust -- Old Republic Title
Rubin Yitzchok -- Land Track Title
Rubin Yitzchok -- Land Track Title
Rubin Yitzchok -- Land Track Title
Centre Street Corp $400,000 National Granite Title Insur
Centre Street Corp $400,000 National Granite Title Insur
Centre Street Corp $400,000 National Granite Title Insur
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brull Joel $682,500
Previous Owner 24 Ewing Llc $552,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2022 05/10/22 Sold $675,000 +14.6% $320 / Sq Ft
05/01/2022 05/01/22 Price Changed $589,000 -12.7% $279 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
12/31/2021 12/31/21 Off Market $675,000 -- --
12/29/2021 12/29/21 Price Changed $750,000 +27.3% $355 / Sq Ft
12/17/2021 12/17/21 For Sale $589,000 +63.6% $279 / Sq Ft
05/22/2014 05/22/14 Sold $360,000 -20.0% $170 / Sq Ft View Prior Sale
04/11/2014 04/11/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $449,900 -- $213 / 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 $16,735 $31,200 $10,700 $20,500
2023 $16,735 $31,200 $10,700 $20,500
2022 $13,271 $31,200 $10,700 $20,500
2021 $5,467 $31,200 $10,700 $20,500
2020 $11,902 $31,200 $10,700 $20,500
2019 $12,603 $30,900 $10,700 $20,200
2018 $12,603 $30,900 $10,700 $20,200
2017 $11,569 $30,900 $10,700 $20,200
2016 $11,473 $30,900 $10,700 $20,200
2015 -- $30,900 $10,700 $20,200
2014 -- $30,900 $10,700 $20,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6155681

OneKey® MLS

APN: 392605-050-080-0001-041-000-0000