NOT LISTED FOR SALE

3 Spring St Middletown, NY 10940

Estimated Value: $253,000 - $406,000

3 Beds
2 Baths
1,364 Sq Ft
$233/Sq Ft Est. Value

Last Sold January 29, 2025

Last sale price $255,000 $187 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,012/month

41 Days on Market

Highlights

  • Forced Air Heating System
  • Asbestos
  • 2-minute walk to Maple Hill Park

About This Home

As of January 2025

Attention investors! This two-family property offers excellent potential, with separate electric, gas, heat, and hot water for each unit. The first-floor unit includes 2 bedrooms and 1 bath, while the second-floor unit features 1 bedroom and 1 bath. Both units have private off-street parking with two separate driveways. The property also boasts a large backyard and sits right next to a spacious park, making it an attractive location. Projected rents after renovations are estimated at $1,800 for the two-bedroom and $1,500 for the one-bedroom. All rent figures are projections.

Last Agent to Sell the Property

Larry Curasi

Curasi Realty, Inc. Brokerage Phone: 845-457-9174 License #10311206618 Listed on: 10/16/2024

Curasi Realty, Inc.

Last Buyer's Agent

Valerie Jewis

Keller Williams Hudson Valley License #10401352736

Keller Williams Hudson Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,228

Year Built

  • Built in 1900

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Asbestos

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Presidential Park Elementary School
  • Middletown Twin Towers Middle Sch
  • Middletown High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, heat
  • Assessor Parcel Number 330900-040-000-0003-003.000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,228

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Estimated
  • Levels: Two
  • Year Built: 1900
  • Attribution Contact: 845-457-9174
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 255000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 2081881.5331
  • CurrentPrice_By_BuildingAreaTotal: 186.95015
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 3
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame, Asbestos
  • Waterfront: No

Garage/Parking

  • Parking Description: Driveway, Off Street

Utilities

  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Water Sewer Expense: 3600

Schools

  • Middle School: Middletown Twin Towers Middle Sch

Lot Info

  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5001
  • Parcel Number: 330900-040-000-0003-003.000-0000
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Heat

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • Insurance Expense: 1300

Tax Info

  • Tax Annual Amount: 4228
  • Tax Year: 2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2014
Sold by
Sisco Louis
Bought by
Morrone Theresa
Current Estimated Value
$317,848
Source: Public Records
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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
Morrone Theresa -- Brandon Ozman
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2025 01/29/25 Sold $255,000 +6.7% $187 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $239,000 0.0% $175 / Sq Ft
02/19/2013 02/19/13 Rented $625 -3.8% --
01/20/2013 01/20/13 Under Contract -- -- --
11/29/2012 11/29/12 For Rent $650 -- --
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 $4,228 $15,400 $4,600 $10,800
2023 $4,228 $15,400 $4,600 $10,800
2022 $4,141 $15,400 $4,600 $10,800
2021 $4,356 $15,400 $4,600 $10,800
2020 $1,784 $15,400 $4,600 $10,800
2019 $1,736 $15,400 $4,600 $10,800
2018 $4,137 $15,400 $4,600 $10,800
2017 $4,011 $15,400 $4,600 $10,800
2016 $4,022 $15,400 $4,600 $10,800
2015 -- $15,400 $4,600 $10,800
2014 -- $15,400 $4,600 $10,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6332464

OneKey® MLS

APN: 330900-040-000-0003-003.000-0000