NOT LISTED FOR SALE

Estimated Value: $566,352 - $1,272,000

5 Beds
2 Baths
1,901 Sq Ft
$455/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $350,000 $184 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $5,984/month

143 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Wood Siding

About This Home

As of January 2019

Are you looking for your big break in property investment?!! Welcome to this well maintained 2 Family home that's currently rented with stable tenants in the desirable neighborhood of Spring Valley close to bus and shopping. With ample parking, separate meters, this is a great deal! This is home is for YOU! The possibilities are endless so you can increase the rental value a lot. And if you're a renter, why rent when you can own your home and make a profit?!

Last Agent to Sell the Property

Charnie Guttmann

eRealty Advisors, Inc License #10401297653 Listed on: 07/30/2018

eRealty Advisors, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,834

Year Built

  • Built in 1919 | Remodeled in 1999

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1,901 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas
  • Assessor Parcel Number 392605.057.047-0001-027.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,834

Year Built

Built in 1919 | Remodeled in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Hamlet: Spring Valley
  • Year Built: 1919
  • Year Built Effective: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1999

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: 1901.00
  • Square Footage: 1901.00

Exterior Features

  • Construction Materials: Other, Wood Siding
  • View YN: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: 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 Dimensions: 0.1100
  • Lot Size Sq Ft: 4792.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 392605.057.047-0001-027.000/0000
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas

Tax Info

  • Close Date: 2019-01-31
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 10834.00
  • Tax Map Number: 392605.057.047-0001-027.000/0000

Multi Family

  • Units Total: 2
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • 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
Jul 30, 2018
Closed on
Jan 31, 2019
Sold by
Delisi John R and Delisi Jane
Bought by
Friedman Yoel
Seller's Agent
Charnie Guttmann
eRealty Advisors, Inc
List Price
$426,000
Sold Price
$350,000
Premium/Discount to List
-$76,000
-17.84%
Current Estimated Value
$865,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,838
Avg. Annual Appreciation
14.08%
Original Mortgage
$267,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2003
Sold by
Sidgmore John H and Sidgmore Maude W
Bought by
Delisi John R and Delisi Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.64%
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
Friedman Yoel $357,000 None Available
Delisi John R $200,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Yoel $286,200
Closed Friedman Yoel $28,800
Closed Friedman Yoel $267,750
Previous Owner Delisi John R $100,000
Previous Owner Delisi John R $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $350,000 -17.8% $184 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $426,000 -- $224 / 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 $16,668 $33,700 $9,600 $24,100
2022 $14,334 $33,700 $9,600 $24,100
2021 $5,905 $33,700 $9,600 $24,100
2020 $11,218 $33,700 $9,600 $24,100
2019 $12,565 $33,700 $9,600 $24,100
2018 $12,565 $33,700 $9,600 $24,100
2017 $10,954 $33,700 $9,600 $24,100
2016 $10,834 $33,700 $9,600 $24,100
2015 -- $33,700 $9,600 $24,100
2014 -- $33,700 $9,600 $24,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4835780

OneKey® MLS

APN: 392605-057-047-0001-027-000-0000