NOT LISTED FOR SALE

3001 Lexington Ave Mohegan Lake, NY 10547

Estimated Value: $582,000 - $696,000

4 Beds
3 Baths
1,561 Sq Ft
$407/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $455,000 $291 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,537/month

47 Days on Market

Highlights

  • Waterfront
  • 0.89 Acre Lot
  • Cape Cod Architecture
  • Lincoln Titus Elementary School Rated A
  • Lake Privileges
  • Wood Flooring

About This Home

As of April 2019

Live in one unit and rent the other, or bring your extended family along! This property sites on almost 1 acre of level land, and offers a duplex unit, which lives like a 3 bedroom apartment, and a single level 2 bedroom unit. The driveway offers parking for 6+ cars. Located within close proximity to major highways, shopping, and entertainment. You can also enjoy the lake rights this property offers. Duplex features hardwood floors, crown molding, gas stove, updated bath, and 2 generously sized bedrooms. The 1st floor den can be the perfect guest space. The 1 level unit features an eat-in-kitchen with gas stove, crown molding, two first floor bedrooms, and ample storage. Additional Information: HeatingFuel:Oil Above Ground,

Last Agent to Sell the Property

Trudi Iglesias

Howard Hanna Rand Realty License #30IG0939192 Listed on: 11/28/2018

Howard Hanna Rand Realty

Last Buyer's Agent

Norah Wu

Houlihan Lawrence Inc. License #10401284013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,897

Year Built

  • Built in 1957

Lot Details

  • 0.89 Acre Lot
  • Waterfront
  • Level Lot

Home Design

  • Duplex
  • Cape Cod Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Entrance Foyer
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Outdoor Features

  • Lake Privileges

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Septic Tank

Community Details

  • 2 Units
  • 1 Separate Electric Meter

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 2289-024-015-00002-000-0012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,897

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Duplex
  • Property Condition: Actual
  • Year Built: 1957
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oil Water Heater
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, First Floor Bedroom, Master Downstairs
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

  • Construction Materials: Aluminum Siding, Frame
  • Waterfront Features: Lake Privileges
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 6
  • Parking Description: Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Oil
  • Sewer: Septic Tank
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Lakeland-Copper Beech Middle Sch

Lot Info

  • Lot Size Acres: 0.8937
  • Lot Size Area: 0.8937
  • Lot Size Sq Ft: 38930
  • Building Area Total: 1561
  • Lot Features: Level, Near Shops
  • Parcel Number: 2289-024-015-00002-000-0012
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 1

Tax Info

  • Tax Annual Amount: 11897
  • Tax Year: 2018

MLS Schools

  • Elementary School: Lincoln Titus Elementary School
  • High School: Walter Panas High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
Apr 15, 2019
Sold by
Schwartz Carole Sue and Schwartz David
Bought by
Zhu Shan and Jiang Changhang
Seller's Agent
Trudi Iglesias
Howard Hanna Rand Realty
Buyer's Agent
Norah Wu
Houlihan Lawrence Inc.
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Current Estimated Value
$635,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,850
Avg. Annual Appreciation
5.37%
Original Mortgage
$318,500
Outstanding Balance
$280,880
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$354,970
Source: Public Records

Range of Values:

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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
Zhu Shan $455,000 Federal Standdard Abstract I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Shan $318,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $455,000 -- --
04/15/2019 04/15/19 Sold $455,000 +1.1% $291 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $450,000 -- $288 / 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 $13,190 $5,925 $750 $5,175
2023 $12,573 $5,925 $750 $5,175
2022 $12,294 $5,925 $750 $5,175
2021 $12,242 $5,925 $750 $5,175
2020 $12,203 $5,925 $750 $5,175
2019 $12,040 $5,925 $750 $5,175
2018 $11,897 $5,925 $750 $5,175
2017 $3,219 $5,925 $750 $5,175
2016 $11,535 $5,925 $750 $5,175
2015 -- $5,925 $750 $5,175
2014 -- $5,925 $750 $5,175
2013 -- $5,925 $750 $5,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H4853606

OneKey® MLS

APN: 2289-024-015-00002-000-0012