NOT LISTED FOR SALE

349 Cold Spring Rd Monticello, NY 12701

Estimated Value: $1,197,000 - $1,369,806

2 Beds
2 Baths
7,296 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $1,000,000 $137 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,069/month

133 Days on Market

Highlights

  • Active Adult
  • Deck
  • Eat-In Kitchen
  • 2.17 Acre Lot
  • Partially Wooded Lot
  • ENERGY STAR Qualified Equipment for Heating

About This Home

As of September 2022

Once in a Lifetime Investment Opportunity!! Multi-family property, including a total of 5 structures with great income. Main Building consists of 2 levels plus attic, currently being renovated and is attached to 2 beautiful, 2 bedroom houses. Potential income for 12 rooms in the main building, 6 on the first level and 6 on the second level, once repaired ~ 2nd structure is divided into 2, 1 bedroom cottages with income from each cottage. ~ 3rd structure is a 1 bedroom cottage ~ 4th structure consists of 2 apartments both with 1 bed and bath ~ 5th structure is a 2 unit home with 1 bedroom and 1 bath each. Property has 3 wells, each well 1 1/5 horsepower, 2 of them used for the main house and cottages. Third well used for mobile home (being removed.) By the Pool and grass area, it is approved to put a 3 bedroom apt instead, has connection for sewer water electricity. Additional property coming up on the Market soon, 12 Temple Lane in Monticello, same owner separate deed. 3 bedroom, 2 bath property that is not occupied, has connections for well water and septic sewer. Asking $65,000, option to be sold together or separate. Great deal!

Last Agent to Sell the Property

Simon Klein

MS Realty Group USA, Inc License #10401312291 Listed on: 11/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,241

Year Built

  • Built in 1932

Lot Details

  • 2.17 Acre Lot
  • No Common Walls
  • Fenced
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Frame Construction
  • T111 Siding

Interior Spaces

  • 7,296 Sq Ft Home
  • Partial Basement
  • Eat-In Kitchen

Parking

  • 15 Parking Spaces
  • Parking Lot

Schools

  • Emma C Chase Elementary School
  • Monticello High School

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Well

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 4689-029-0-0002-047-000

Community Details

Overview

  • Active Adult
  • 14 Units

Building Details

  • 5 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,241

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1932
  • Attribution Contact: 845-999-3948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Partial
  • Living Area: 7296.00
  • Square Footage: 7296.00

Exterior Features

  • Construction Materials: Frame, T111
  • Fencing: Fenced
  • Patio and Porch Features: Deck

Garage/Parking

  • Total Parking Spaces: 15.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Parking Lot

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Private
  • Heating: Propane, ENERGY STAR Qualified Equipment, See Remarks
  • Hot Water: See Remarks
  • Sewer: Other
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: Yes

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 2.1700
  • Lot Size Sq Ft: 94525.00
  • Lot Size Units: Acres
  • Lot Features: Level, Partly Wooded
  • Parcel Number: 4689-029-0-0002-047-000
  • Property Attached: No

Tax Info

  • Close Date: 2022-09-02
  • Tax Annual Amount: 3241.00
  • Tax Map Number: 4689-029-0-0002-047-000

Multi Family

  • Units Total: 14
  • 1 Bedrooms: 7
  • Two Bedrooms: 2
  • Three Bedrooms: 1
  • Separate Electric Meters: 5

MLS Schools

  • Elementary School: Emma C Chase School
  • High School: Monticello High School
  • Middle School District: Monticello

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
349 Cold Spg Llc
Bought by
349 Cs Llc
Current Estimated Value
$1,268,935

Purchase Details

Listed on
Nov 9, 2021
Closed on
Sep 1, 2022
Sold by
Rozhik Khaim and Rozhik Kham
Bought by
349 Cold Springs Llc
Seller's Agent
Simon Klein
MS Realty Group USA, Inc
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$847,500
Interest Rate
5.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 2015
Sold by
Rozhik Kham
Bought by
Rozhik Kham

Purchase Details

Closed on
May 21, 2003
Sold by
Estate Of Lucic Rade
Bought by
Rozhik Khaim
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
349 Cs Llc $979,000 Stewart Title
349 Cold Springs Llc $1,000,000 None Available
Rozhik Kham -- --
Rozhik Khaim $67,000 Zachary D Kelson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 349 Cold Springs Llc $847,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2022 09/02/22 Sold $1,000,000 +11.1% $137 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
01/10/2022 01/10/22 Price Changed $900,000 -9.9% $123 / Sq Ft
11/09/2021 11/09/21 For Sale $999,000 -- $137 / Sq Ft
Source: OneKey® MLS

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 $4,024 $126,300 $18,400 $107,900
2023 $2,958 $74,600 $18,400 $56,200
2022 $2,922 $74,600 $18,400 $56,200
2021 $3,229 $74,600 $18,400 $56,200
2020 $3,377 $74,600 $18,400 $56,200
2019 -- $74,600 $18,400 $56,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Simon Klein

    MS Realty Group USA, Inc

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Map

Source: OneKey® MLS

MLS Number: KEY6151717

OneKey® MLS

APN: 4689-029-0-0002-047-000

New York Sullivan County Monticello 12701

349 Cold Spring Rd, Monticello, NY

Not Listed for Sale

MultiFamily

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