NOT LISTED FOR SALE

Estimated Value: $844,978 - $1,470,000

7 Beds
3 Baths
4,247 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $662,000 $156 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,708/month

63 Days on Market

Highlights

  • Colonial Architecture
  • Window Unit Cooling System
  • Hot Water Heating System
  • 3 Car Detached Garage

About This Home

As of June 2021

What a great find in Chestnut Ridge! Add this beautiful stone-clad duplex to your portfolio for instant cash flow, or live in one unit and rent out the other to cover the mortgage. Both units on this large lot include wonderful historic details like huge front porches, Dutch entry doors, original wide-plank hardwood floors, exposed beams, wainscotting, ornate fireplaces, built-in storage and clawfoot tubs. Those classic 19th-century details blend beautifully with all the 21st-century upgrades, like the chef-grade, s/s appliances and stone counters in the kitchen, as well as custom tilework in the bathrooms. Other modern amenities include recessed lighting and a ductless A/C system. Outside, there's a playset, as well as lots of entertainment space on the expansive shared paver patio. Behind the house, there's also a detached three-car garage with enough space for the cars as well as all your outdoor gear and toys. This property currently generates a nice income as an Airbnb nightly rental. Keep the cash flowing like that or secure long term tenants for one or both units. So many options here! This home is conveniently located near shopping, highways and the train station. Call for a tour before someone else does!

Last Listed By

Bruchy Leibler

Real Broker NY LLC License #10301220698 Listed on: 01/15/2021

Real Broker NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,736

Year Built

  • Built in 1800

Lot Details

  • 0.97 Acre Lot
  • No Common Walls

Parking

  • 3 Car Detached Garage

Home Design

  • 4,247 Sq Ft Home
  • Colonial Architecture
  • Farmhouse Style Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 392615.063.010-0002-014.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,736

Year Built

Built in 1800

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial, Farmhouse
  • Property SubType: Multi Family
  • Hamlet: Chestnut Ridge
  • Year Built: 1800
  • Attribution Contact: 201-391-2500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Living Area: 4247.00
  • Square Footage: 4247.00

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Description: Detached, 3 Car Detached

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Eldorado 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: 0.9700
  • Lot Size Area: 0.9700
  • Lot Size Sq Ft: 42253.00
  • Lot Size Units: Acres
  • Parcel Number: 392615.063.010-0002-014.000/0000
  • Property Attached: No

Tax Info

  • Close Date: 2021-06-25
  • Tax Annual Amount: 14736.00
  • Tax Map Number: 392615.063.010-0002-014.000/0000

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2023
Sold by
Streicher Michael and Streicher Sarah
Bought by
Streicher Trust
Total Days on Market
63
Current Estimated Value
$1,144,245

Purchase Details

Listed on
Jan 15, 2021
Closed on
Jun 25, 2021
Sold by
Benne Paul F and Benne Kelly
Bought by
Streicher Michael and Streicher Sarah
Seller's Agent
Bruchy Leibler
Real Broker NY LLC
List Price
$699,000
Sold Price
$662,000
Premium/Discount to List
-$37,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.86%
Original Mortgage
$397,200
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2007
Sold by
Cramer Molly and Hahn Molly
Bought by
Benne Paul F and Benne Ketty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1999
Sold by
Cramer Spencer C and Cramer Molly
Bought by
Cramer Molly
Source: Public Records

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Range of Values:

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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
Streicher Trust -- None Available
Streicher Michael $662,000 Old Republic Title
Streicher Michael $662,000 Old Republic Title
Benne Paul F $515,000 None Available
Benne Paul F $515,000 None Available
Cramer Molly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Streicher Michael $397,200
Previous Owner Benne Paul F $404,200
Previous Owner Benne Paul $84,000
Previous Owner Benne Paul F $412,000
Previous Owner Cramer Molly $375,000
Previous Owner Cramer Molly $300,000
Previous Owner Cramer Molly $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $662,000 -5.3% $156 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $699,000 -- $165 / 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
2023 $15,420 $62,700 $24,000 $38,700
2022 $13,462 $61,900 $24,000 $37,900
2021 $13,397 $60,000 $24,000 $36,000
2020 $14,736 $60,000 $24,000 $36,000
2019 $13,789 $60,000 $24,000 $36,000
2018 $13,789 $60,000 $24,000 $36,000
2017 $13,627 $60,000 $24,000 $36,000
2016 $13,651 $60,000 $24,000 $36,000
2015 -- $60,000 $24,000 $36,000
2014 -- $60,000 $24,000 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6090898

OneKey® MLS

APN: 392615-063-010-0002-014-000-0000