NOT LISTED FOR SALE

27 Fanley Ave Spring Valley, NY 10977

Estimated Value: $1,896,000 - $2,451,000

12 Beds
6 Baths
4,895 Sq Ft
$463/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $1,365,000 $279 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $16,024/month

94 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Walk-In Closet
  • Property is near public transit
  • Eat-In Kitchen
  • Park

About This Home

As of August 2021

Great Buy!! Legal 2 Family Home!! Live Here Or Rent It Out!! 2 Spacious Units, Large Kitchen, Elegant Dining Room, Living Room Area, Cozy Family Room, and A 1/2 Bath On 1st Floor, 2rd Floor Features, Master Bedroom, Plus 4 Well Sized Bedrooms, Ample Of Closets, A Full Bath and A Laundry Room. Each Unit Has Additional 4 Rooms on 3st Floor W/ Private Entrance, Perfect To Host Your Family And Friends. Full 8ft Ceiling Unfinished Basement W/ Lots Of Potential Including Tax Reduction And Condo Approval Grab It, It Won't Last Long!!

Last Agent to Sell the Property

Dov Tessler

Keller Williams Hudson Valley License #10401303907 Listed on: 03/04/2021

Keller Williams Hudson Valley

Co-Listed By

Baruch Feder

Keller Williams Hudson Valley License #10401268059

Last Buyer's Agent

Jacob Zigelman

eRealty Advisors, Inc License #10401298758

eRealty Advisors, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,613

Year Built

  • Built in 2011

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls

Parking

  • Driveway

Interior Spaces

  • 4,895 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Schools

  • Hempstead Elementary School
  • Ramapo High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 392605.057.021-0001-036.000/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,613

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Hamlet: Spring Valley
  • Year Built: 2011
  • Attribution Contact: 845-639-0300
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Entrance Foyer, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Basement: Unfinished
  • Total Bedrooms: 12
  • Living Area: 4895.00
  • Square Footage: 4895.00

Exterior Features

  • Patio and Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.2100
  • Lot Size Sq Ft: 9148.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 392605.057.021-0001-036.000/0000
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2021-05-11

Tax Info

  • Close Date: 2021-08-26
  • Tax Annual Amount: 35613.00
  • Tax Map Number: 392605.057.021-0001-036.000/0000

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Horowitz Joel
Bought by
27 Fanley Llc
Current Estimated Value
$2,266,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,091,757
Interest Rate
7.04%
Mortgage Type
Commercial
Estimated Equity
$1,174,768

Purchase Details

Closed on
May 29, 2024
Sold by
Waldman Ari
Bought by
Horowitz Joel

Purchase Details

Closed on
Oct 16, 2023
Sold by
Horowitz Joel
Bought by
Waldman Ari

Purchase Details

Closed on
May 25, 2023
Sold by
J H Hirsch Llc
Bought by
Horowitz Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2021
Closed on
Aug 26, 2021
Sold by
27 Fanley Ave Llc
Bought by
Jh Hirsch Llc
Seller's Agent
Dov Tessler
Keller Williams Hudson Valley
Buyer's Agent
Jacob Zigelman
eRealty Advisors, Inc
List Price
$1,500,000
Sold Price
$1,365,000
Premium/Discount to List
-$135,000
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%
Original Mortgage
$1,300,000
Interest Rate
2.8%
Mortgage Type
Commercial
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
27 Fanley Llc $2,300,000 Land Track Title
27 Fanley Llc $2,300,000 Land Track Title
Horowitz Joel -- Madison Title Agency
Horowitz Joel -- Madison Title Agency
Waldman Ari -- None Available
Waldman Ari -- None Available
Waldman Ari -- None Available
Horowitz Joel -- Jd Title
Horowitz Joel -- Jd Title
Horowitz Joel -- Jd Title
Jh Hirsch Llc $1,365,000 None Available
Jh Hirsch Llc $1,365,000 None Available
Jh Hirsch Llc $1,365,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 27 Fanley Llc $1,100,000
Closed 27 Fanley Llc $1,100,000
Previous Owner Horowitz Joel $1,200,000
Previous Owner Jh Hirsch Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $1,365,000 0.0% $279 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
05/11/2021 05/11/21 Off Market $1,365,000 -- --
04/23/2021 04/23/21 Price Changed $1,490,000 -0.7% $304 / Sq Ft
03/04/2021 03/04/21 For Sale $1,500,000 -- $306 / 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 $51,057 $114,400 $40,000 $74,400
2023 $51,057 $114,400 $40,000 $74,400
2022 $48,660 $114,400 $40,000 $74,400
2021 $20,046 $114,400 $40,000 $74,400
2020 $36,569 $114,400 $40,000 $74,400
2019 $41,814 $125,900 $40,000 $85,900
2018 $41,814 $125,900 $40,000 $85,900
2017 $48,032 $125,900 $40,000 $85,900
2016 $18,720 $68,300 $40,000 $28,300
2015 -- $64,100 $40,000 $24,100
2014 -- $64,100 $40,000 $24,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6099116

OneKey® MLS

APN: 392605-057-021-0001-036-000-0000