NOT LISTED FOR SALE

40 Bailey Rd Montgomery, NY 12549

Estimated Value: $546,995 - $880,000

5 Beds
2.5 Baths
2,900 Sq Ft
$242/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $630,000 $217 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,548/month

74 Days on Market

Highlights

  • Basketball Court
  • Wood Flooring
  • 2 Car Attached Garage
  • Ranch Style House
  • Porch
  • Window Unit Cooling System

About This Home

As of April 2024

Welcome to this ranch-style home in Montgomery. This captivating property boasts a 2-car attached garage in a legal 2 family home, currently used as a 1 family home but can easily be divided with the addition of a single door. The downstairs features a large living area with fireplace, 2 nice sized bedrooms, full kitchen, laundry room & utility room w/additional storage and its own separate entrance that leads to a covered patio & 3 season room. The upstairs boasts 3 generous size bedrooms with 2 Baths, a recently updated main bathroom & den/living area that can be tailored to suit your lifestyle. The kitchen which has a fireplace is fully updated with granite countertops & all stainless steel appliances. The deck has a large outdoor bonus room that can be used as an office or a He/She Cave. The Backyard has a full size basketball court with stadium lighting or can also be a blank slate for your dream backyard! Walkable to town park along the scenic Wallkill River, near local shopping, dining in the Village of Montgomery, & all major retailers in Newburgh/ Middletown. Commuting is a breeze with easy access to Route 84,close to NYS Thruway & Rt17. A bus stop to NYC is less than 5 minutes, 20 minutes to the Metro North Beacon Train station, 15 minutes to Campbell Hall NJ Transit line and just a 90 minute drive from NYC. Make an appointment for a showing today!

Last Agent to Sell the Property

Darrin Schechter

RE/MAX Town & Country Brokerage Phone: (845) 765-6128 License #10401357095 Listed on: 12/29/2023

RE/MAX Town & Country

Co-Listed By

Howard Payson

RE/MAX Town & Country Brokerage Phone: (845) 765-6128 License #10491208345

Last Buyer's Agent

Nancy LaBarbera

Keller Williams Hudson Valley License #40LA1146173

Keller Williams Hudson Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,973

Year Built

  • Built in 1967

Lot Details

  • 1.1 Acre Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Lot
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • Storage
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Basketball Court
  • Patio
  • Porch

Schools

  • Berea Elementary School
  • Valley Central Middle School
  • Valley Central High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 334289-013-000-0003-028.000-0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,973

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Ranch
  • Property SubType: Multi Family
  • Year Built: 1967
  • Attribution Contact: (845) 765-6128
  • Co List Office Mls Id: ONERMXTNC
  • Co List Office Phone: 845-765-6128
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2900
  • SquareFootage: 2900.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Basketball Court
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway, Garage, Parking Lot, Off Street

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Septic Tank
  • Water Source: Well
  • GarbageRemoval: Private
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Valley Central Middle School

Lot Info

  • Lot Size Acres: 1.1
  • Lot Size Sq Ft: 47916
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 334289-013-000-0003-028.000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 8973
  • Tax Map Number: 334289-013-000-0003-028.000-0000

MLS Schools

  • Elementary School: Berea Elementary School
  • High School: Valley Central High School
  • Middle School District: Valley Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Elizabeth Soudani Irlt and Elizabeth Soudani
Bought by
Soudani Moutz
Current Estimated Value
$701,249

Purchase Details

Listed on
Dec 29, 2023
Closed on
Apr 10, 2024
Sold by
Elizabeth I Ruttkay Irlt I and Elizabeth Soudani
Bought by
Upshaw Shonti
Seller's Agent
Darrin Schechter
RE/MAX Town & Country
Buyer's Agent
Nancy LaBarbera
Keller Williams Hudson Valley
List Price
$630,000
Sold Price
$630,000
Views
122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$606,972
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2002
Sold by
Soudani Moutz F
Bought by
Soudani Mountz F and The Moutz F Soudani & Elizabet

Purchase Details

Closed on
Jun 18, 1998
Sold by
Soudani Eman F
Bought by
Soudani Moutz F
Source: Public Records
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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
Soudani Moutz -- None Available
Upshaw Shonti $630,000 None Available
Upshaw Shonti $630,000 None Available
Upshaw Shonti $630,000 None Available
Soudani Mountz F -- --
Soudani Mountz F -- --
Soudani Moutz F -- --
Soudani Moutz F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Upshaw Shonti $606,972
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2024 04/10/24 Sold $630,000 0.0% $217 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $630,000 -- $217 / 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 $10,589 $211,400 $38,500 $172,900
2023 $10,589 $211,400 $38,500 $172,900
2022 $10,822 $211,400 $38,500 $172,900
2021 $10,698 $211,400 $38,500 $172,900
2020 $9,081 $211,400 $38,500 $172,900
2019 $8,790 $211,400 $38,500 $172,900
2018 $8,790 $211,400 $38,500 $172,900
2017 $8,517 $211,400 $38,500 $172,900
2016 $8,473 $211,400 $38,500 $172,900
2015 -- $211,400 $38,500 $172,900
2014 -- $211,400 $38,500 $172,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6279374

OneKey® MLS

APN: 334289-013-000-0003-028.000-0000