NOT LISTED FOR SALE

40 Algernon St Cornwall, NY 12518

Estimated Value: $448,000 - $625,000

3 Beds
1.5 Baths
1,215 Sq Ft
$433/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $120,000 $99 Per Sq Ft

Est. 339% increase in value since last sale

Current estimated payment $3,917/month

63 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • 1 Car Detached Garage
  • Cornwall Middle School Rated A
  • Main Floor Bedroom
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of May 2017

AWESOME OPPORTUNITY FOR SAVVY INVESTOR!! Property is being sold occupied, in as-is condition with no access and no inspections. Do not disturb tenant, drive by viewings only. ***AGENTS see confidential remarks for additional instructions***

Last Agent to Sell the Property

Igor Krasnoperov

Rising Star Realty Brokerage Phone: 914-243-4885 License #10311201130 Listed on: 02/22/2017

Last Buyer's Agent

Linda Chevallier

RE/MAX Benchmark Realty Group License #30CH0993561

RE/MAX Benchmark Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,215 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Deck

Schools

  • Willow Avenue Elementary School
  • Cornwall Middle School
  • Cornwall Central High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 332489.016.000-0008-008.000/0000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Cape Cod
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1950
  • Attribution Contact: 914-243-4885
  • Village: None
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Total Bedrooms: 3
  • Living Area: 1215
  • AtticDescription: None
  • SquareFootage: 1215.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Aluminum Siding
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Cornwall Middle School

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 0.2600
  • Lot Size Sq Ft: 11326
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 332489.016.000-0008-008.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 7790
  • Tax Map Number: 332489.016.000-0008-008.000/0000

MLS Schools

  • Elementary School: Willow Avenue Elementary School
  • High School: Cornwall Central High School
  • Middle School District: Cornwall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2018
Sold by
146 Bethlehem Rd Llc
Bought by
Panzarella Gregory and Panzarella Theresa
Current Estimated Value
$526,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$113,579
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$412,875

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 10, 2017
Sold by
Us Bank Na
Bought by
Patterson William J
Seller's Agent
Igor Krasnoperov
Rising Star Realty
Buyer's Agent
Linda Chevallier
RE/MAX Benchmark Realty Group
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.74%

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 8, 2017
Sold by
Patterson William J
Bought by
146 Bethlem Rd Llc
Seller's Agent
Igor Krasnoperov
Rising Star Realty
Buyer's Agent
Linda Chevallier
RE/MAX Benchmark Realty Group
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%

Purchase Details

Closed on
Jan 30, 2015
Sold by
Valle Wilder By Referee Mary E Zugibe-Ralei
Bought by
Us Bank National Association As Trus

Purchase Details

Closed on
Jul 14, 2004
Sold by
Rolon William C
Bought by
Valle Wilder

Purchase Details

Closed on
Nov 3, 1999
Sold by
Wilmarth David W
Bought by
Rolon William C and Rolon Kirsten G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 1995
Sold by
Wilmarth Fay and Wilmarth Filomena
Bought by
Wilmarth David W
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
Panzarella Gregory $369,000 --
Patterson William J $120,000 --
146 Bethlem Rd Llc $92,900 Joseph Saffioti
Us Bank National Association As Trus $142,800 Gross Polowy, Llc
Valle Wilder $245,000 Kurt Schrader
Rolon William C $85,500 --
Wilmarth David W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panzarella Gregory $195,000
Previous Owner Rolon William C $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2017 05/11/17 Sold $120,000 -19.9% $99 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $149,900 -- $123 / 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 $13,906 $304,829 $76,200 $228,629
2023 $13,906 $350,550 $76,200 $274,350
2022 $13,492 $350,550 $76,200 $274,350
2021 $12,718 $350,550 $76,200 $274,350
2020 $13,153 $350,550 $76,200 $274,350
2019 $8,417 $350,550 $76,200 $274,350
2018 $8,417 $221,660 $76,200 $145,460
2017 $6,867 $178,000 $76,200 $101,800
2016 $8,090 $149,950 $29,400 $120,550
2015 -- $149,950 $29,400 $120,550
2014 -- $149,950 $29,400 $120,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4707205

OneKey® MLS

APN: 332489-016-000-0008-008.000-0000