NOT LISTED FOR SALE

38 Commonwealth Ave Middletown, NY 10940

Estimated Value: $371,120 - $451,000

6 Beds
2 Baths
1,838 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $362,000 $197 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,676/month

18 Days on Market

Highlights

  • Property is near public transit
  • Granite Countertops
  • Eat-In Kitchen
  • Main Floor Bedroom
  • Formal Dining Room
  • Park

About This Home

As of May 2022

GORGEOUS Multifamily Home in Middletown! Newly renovated 2 Family Home in the City of Middletown. Great investment if you rent them both or live in one and let rental income of the other pay your mortgage! A legal 2 family home with non-owner occupancy. New siding & new roof! Both units are completely renovated with modern vinyl floors throughout, newer kitchens with granite counters, New stainless steel appliances, & beautiful tiled baths. Both units offer a 3BR/1BA ready for occupancy with market rental of $1800-$1900/month. Great commuter location with walking distance from the YMCA, Watts Park, Presidential School, close to Touro college, OCC, Garnett Medical and minutes to I84. Don't miss out on this one & book your tour today!

Last Agent to Sell the Property

Sandra Arnez

Keller Williams Hudson Valley License #10401301842 Listed on: 02/10/2022

Keller Williams Hudson Valley

Last Buyer's Agent

Sharon Pehush

HomeSmart Homes & Estates License #10401277781

HomeSmart Homes & Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,489

Year Built

  • Built in 1888 | Remodeled in 2021

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,838 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 330900-015-000-0003-004.000-0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,489

Year Built

Built in 1888 | Remodeled in 2021

Lot Details

5,001 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1888
  • Year Built Effective: 2021
  • Attribution Contact: 845-610-6065
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Interior Amenities: 1st Floor Bedrm, Eat-in Kitchen, Formal Dining Room, Granite Counters
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 6
  • Living Area: 1838.00
  • Square Footage: 1838.00

Exterior Features

  • Construction Materials: Block, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 5.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Middletown Twin Towers Middle Sch

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Sq Ft: 5001.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 330900-015-000-0003-004.000-0000
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2022-05-06
  • Included in Taxes: Trash
  • Tax Annual Amount: 6489.00
  • Tax Map Number: 330900-015-000-0003-004.000-0000

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2022
Sold by
Lucas Lionel and Lucas Antoinette
Bought by
Calderon-Rodriguez Jose R
Current Estimated Value
$404,030

Purchase Details

Listed on
Feb 10, 2022
Closed on
May 6, 2022
Sold by
Charles Tran Property Llc
Bought by
Romero-Monroy Juan D
Seller's Agent
Sandra Arnez
Keller Williams Hudson Valley
Buyer's Agent
Sharon Pehush
HomeSmart Homes & Estates
List Price
$360,000
Sold Price
$362,000
Premium/Discount to List
$2,000
0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$271,500
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2018
Sold by
Keene Susan
Bought by
Charles Tran Property Llc

Purchase Details

Closed on
Jun 16, 1998
Sold by
Mccarthy Mary
Bought by
Keene Susan

Purchase Details

Closed on
Sep 15, 1997
Sold by
Haddock Lillian and Haddock Anne
Bought by
Mccarthy Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Calderon-Rodriguez Jose R $355,000 None Available
Romero-Monroy Juan D $362,000 None Available
Charles Tran Property Llc $59,100 --
Keene Susan $57,000 --
Mccarthy Mary -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero-Monroy Juan D $271,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $362,000 +0.6% $197 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $360,000 -- $196 / 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 $7,165 $26,100 $6,400 $19,700
2023 $7,165 $26,100 $6,400 $19,700
2022 $7,018 $26,100 $6,400 $19,700
2021 $6,534 $23,100 $6,400 $16,700
2020 $2,675 $23,100 $6,400 $16,700
2019 $2,603 $23,100 $6,400 $16,700
2018 $6,205 $23,100 $6,400 $16,700
2017 $6,017 $23,100 $6,400 $16,700
2016 $6,032 $23,100 $6,400 $16,700
2015 -- $23,100 $6,400 $16,700
2014 -- $23,100 $6,400 $16,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6162895

OneKey® MLS

APN: 330900-015-000-0003-004.000-0000

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