NOT LISTED FOR SALE

242 E Main St Middletown, NY 10940

Estimated Value: $291,000 - $386,000

2 Beds
2 Baths
1,382 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $185,800 $134 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,426/month

55 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Level Lot
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of December 2021

INTERIOR PHOTOS COMING IN DAYS. Currently, a two-unit rental that can easily be made into a 3 bedroom single-family home. Also, possible commercial retail or office. It was recently a tailor shop. Possibility for ten car parking in rear of the building. It's a great deal for the buyer with even the tiniest bit of imagination.

Last Agent to Sell the Property

Stanley Nowak

Stanley J Nowak License #35NO1007457 Listed on: 08/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1870 | Remodeled in 1931

Lot Details

  • 5,536 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,382 Sq Ft Home
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • Presidential Park Elementary School
  • Middletown High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Oil Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 330900.036.000-0004-002.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1870 | Remodeled in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Hamlet: Middletown
  • Year Built: 1870
  • Year Built Effective: 1931
  • Attribution Contact: 845-535-7280
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1931

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Walk-Out Access
  • Total Bedrooms: 2
  • Living Area: 1382.00
  • Square Footage: 1382.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Hot Water: Fuel Oil Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1300
  • Lot Size Sq Ft: 5536.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 330900.036.000-0004-002.000/0000
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2021-10-01
  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2021-12-30
  • Tax Annual Amount: 7000.00
  • Tax Map Number: 330900.036.000-0004-002.000/0000

Multi Family

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

MLS Schools

  • Elementary School: Presidential Park Elementary School
  • High School: Middletown High School
  • Middle School District: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Dec 27, 2021
Sold by
Gurda Janet L
Bought by
Glasgow John and Glasgow Alexandra
Seller's Agent
Stanley Nowak
Stanley J Nowak
List Price
$224,900
Sold Price
$185,800
Premium/Discount to List
-$39,100
-17.39%
Current Estimated Value
$354,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,833
Avg. Annual Appreciation
15.44%
Original Mortgage
$120,000
Outstanding Balance
$94,339
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$238,012

Purchase Details

Closed on
Feb 14, 2011
Sold by
Ferretti Roger
Bought by
Gurda Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2005
Sold by
Ferretti Domencio
Bought by
Ferretti Roger
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
Glasgow John $185,800 Hill-N-Dale Abstracters Inc
Glasgow John $185,800 None Available
Glasgow John $185,800 None Available
Gurda Janet $160,000 John E Jr Bach
Gurda Janet $160,000 John E Jr Bach
Ferretti Roger -- David Howe
Ferretti Roger -- David Howe
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glasgow John $120,000
Closed Glasgow John $120,000
Previous Owner Gurda Janet $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $185,800 0.0% $134 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/20/2021 09/20/21 Off Market $185,800 -- --
09/20/2021 09/20/21 For Sale $224,900 +21.0% $163 / Sq Ft
08/13/2021 08/13/21 Off Market $185,800 -- --
08/12/2021 08/12/21 Price Changed $224,900 -6.3% $163 / Sq Ft
08/08/2021 08/08/21 Price Changed $239,900 -5.9% $174 / Sq Ft
08/07/2021 08/07/21 For Sale $254,900 -- $184 / 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 $6,863 $25,000 $6,400 $18,600
2023 $6,863 $25,000 $6,400 $18,600
2022 $6,722 $25,000 $6,400 $18,600
2021 $7,072 $25,000 $6,400 $18,600
2020 $2,895 $25,000 $6,400 $18,600
2019 $6,716 $25,000 $6,400 $18,600
2018 $6,716 $25,000 $6,400 $18,600
2017 $6,511 $25,000 $6,400 $18,600
2016 $6,529 $25,000 $6,400 $18,600
2015 -- $25,000 $6,400 $18,600
2014 -- $25,000 $6,400 $18,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6135754

OneKey® MLS

APN: 330900-036-000-0004-002.000-0000