NOT LISTED FOR SALE

31 N Myrtle Ave Spring Valley, NY 10977

Estimated Value: $794,330 - $1,124,000

5 Beds
2 Baths
1,526 Sq Ft
$609/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $600,000 $393 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,234/month

9 Days on Market

About This Home

As of August 2021

Legal Two-Family House. Three bedroom/one bath downstairs rents for $1,700. Two bedroom/one bath upstairs plus bonus loft rents for $1,200.
Rents below market and could be increased. Tenants are separately metered for water and utilities and pay directly. Both long term tenants.
Four vehicle carport. House is a good, stable investment property. Tenants handle snow removal and landscaping. House in decent condition and being sold as-is.

Last Agent to Sell the Property

Joseph Spitzer

Signature Realty Team License #10311207245 Listed on: 05/25/2021

Last Buyer's Agent

Joseph Fuchs

Hudson Shine Realty License #10491207557

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,224

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • 1,526 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat, water
  • Assessor Parcel Number 392605.057.030-0002-031.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,224

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Hamlet: Spring Valley
  • Year Built: 1910
  • Attribution Contact: 347-642-2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 5
  • Living Area: 1526.00
  • Square Footage: 1526.00

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Elmwood Elementary School
  • Middle School: Chestnut Ridge Middle School
  • High School: Spring Valley High School
  • Middle School: Chestnut Ridge Middle School

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Area: 0.1100
  • Lot Size Sq Ft: 4792.00
  • Lot Size Units: Acres
  • Parcel Number: 392605.057.030-0002-031.000/0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat, Water

Tax Info

  • Close Date: 2021-08-17
  • Tax Annual Amount: 13224.00
  • Tax Map Number: 392605.057.030-0002-031.000/0000

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 12, 2021
Sold by
Spitzer Joseph
Bought by
Fischer Joseph
Seller's Agent
Joseph Spitzer
Signature Realty Team
Buyer's Agent
Joseph Fuchs
Hudson Shine Realty
List Price
$549,000
Sold Price
$600,000
Premium/Discount to List
$51,000
9.29%
Current Estimated Value
$930,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,083
Avg. Annual Appreciation
12.26%
Original Mortgage
$435,000
Outstanding Balance
$396,402
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$568,579

Purchase Details

Listed on
Feb 27, 2019
Closed on
May 21, 2019
Sold by
Yd Properties Llc
Bought by
Spitzer Joseph
Seller's Agent
Tirtza Beer
Q Home Sales
Buyer's Agent
Joseph Spitzer
Signature Realty Team
List Price
$449,000
Sold Price
$380,000
Premium/Discount to List
-$69,000
-15.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.55%
Original Mortgage
$385,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2019
Closed on
Apr 11, 2019
Sold by
Anjo I Llc
Bought by
Yd Properties Llc
Seller's Agent
Tirtza Beer
Q Home Sales
Buyer's Agent
Joseph Spitzer
Signature Realty Team
List Price
$449,000
Sold Price
$380,000
Premium/Discount to List
-$69,000
-15.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2015
Sold by
Costanzo Joseph T and Meyers Joseph L
Bought by
Anjo I Llc

Purchase Details

Closed on
Nov 3, 2006
Sold by
Davidson Robert
Bought by
Costanzo Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Fischer Joseph $600,000 Land Track Title
Spitzer Joseph -- None Available
Yd Properties Llc $380,000 None Available
Anjo I Llc -- None Available
Costanzo Joseph $312,000 Joseph Meyers
Costanzo Joseph T $312,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Joseph $435,000
Previous Owner Spitzer Joseph $385,000
Previous Owner Costanzo Joseph T $249,600
Previous Owner Costanzo Joseph $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $380,000 -- --
08/17/2021 08/17/21 Sold $600,000 0.0% $393 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $600,000 +9.3% $393 / Sq Ft
05/25/2021 05/25/21 For Sale $549,000 +44.5% $360 / Sq Ft
04/15/2019 04/15/19 Sold $380,000 -15.4% $249 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $449,000 -- $294 / 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 $15,859 $31,800 $8,600 $23,200
2023 $15,859 $31,800 $8,600 $23,200
2022 $13,526 $31,800 $8,600 $23,200
2021 $5,572 $31,800 $8,600 $23,200
2020 $13,084 $31,800 $8,600 $23,200
2019 $11,963 $31,800 $8,600 $23,200
2018 $11,963 $31,800 $8,600 $23,200
2017 $12,759 $31,800 $8,600 $23,200
2016 $12,647 $31,800 $8,600 $23,200
2015 -- $31,800 $8,600 $23,200
2014 -- $31,800 $8,600 $23,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6118263

OneKey® MLS

APN: 392605-057-030-0002-031-000-0000