NOT LISTED FOR SALE

5 Cherry St Middletown, NY 10940

Estimated Value: $397,835 - $440,000

4 Beds
3 Baths
2,352 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $196,500 $84 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,756/month

84 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • Level Lot
  • Wood Flooring

About This Home

As of August 2018

Looking for an investment property? Don't pass this great opportunity by! Investment opportunity or owner occupied, live in one unit and rent the other. Main floor unit offers 2 bedrooms, an office/playroom, 2 full bathrooms and a nice size kitchen with plenty of cabinet space. The 2nd floor unit offers 2 bedrooms, an open kitchen and 1 full bathroom. Both units are sun filled and inviting. Brand new Lenox furnace installed in December 2017. This is a must see income producing property. Call today to schedule a showing.

Last Agent to Sell the Property

Brian Caplicki

Keller Williams Hudson Valley Brokerage Phone: 845-610-6065 License #30CA0910752 Listed on: 02/20/2018

Keller Williams Hudson Valley

Last Buyer's Agent

Donna Brunell

RE/MAX Benchmark Realty Group License #30BR0979514

RE/MAX Benchmark Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,613

Year Built

  • Built in 1950

Lot Details

  • 7,501 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,352 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • William A Carter Elementary School
  • Middletown Twin Towers Middle Sch
  • Middletown High School

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 335200.058.000-0005-006.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,613

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Multi Family
  • Year Built: 1950
  • Attribution Contact: 845-610-6065
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 2352
  • SquareFootage: 2352.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Indirect Tank
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Middletown Twin Towers Middle Sch

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 0.1722
  • Lot Size Sq Ft: 7501
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 335200.058.000-0005-006.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, See Remarks

Multi Family

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

Tax Info

  • Tax Annual Amount: 7613
  • Tax Map Number: 335200.058.000-0005-006.000/0000

MLS Schools

  • Elementary School: William A Carter Elementary
  • High School: Middletown High School
  • Middle School District: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
Aug 3, 2018
Sold by
Hoye Daniel
Bought by
Cabrera Francisco J
Seller's Agent
Brian Caplicki
Keller Williams Hudson Valley
Buyer's Agent
Donna Brunell
RE/MAX Benchmark Realty Group
List Price
$214,900
Sold Price
$196,500
Premium/Discount to List
-$18,400
-8.56%
Current Estimated Value
$399,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,821
Avg. Annual Appreciation
11.12%
Original Mortgage
$194,850
Outstanding Balance
$169,921
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$240,788

Purchase Details

Closed on
Nov 6, 1998
Sold by
Westeris Regina M and Gummoe Margaret A
Bought by
Hoye Daniel

Purchase Details

Closed on
Aug 21, 1997
Sold by
Westeris Regina M
Bought by
Westeris Regina M
Source: Public Records

Range of Values:

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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
Cabrera Francisco J $197,000 --
Hoye Daniel $113,830 --
Westeris Regina M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabrera Francisco J $194,850
Previous Owner Hoye Daniel $140,000
Previous Owner Hoye Daniel $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Sold $196,500 -8.6% $84 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $214,900 -- $91 / 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 $6,830 $45,000 $5,100 $39,900
2022 $7,056 $45,000 $5,100 $39,900
2021 $7,493 $45,000 $5,100 $39,900
2020 $2,152 $45,000 $5,100 $39,900
2019 $5,434 $45,000 $5,100 $39,900
2018 $7,589 $45,000 $5,100 $39,900
2017 $7,663 $45,000 $5,100 $39,900
2016 $7,317 $45,000 $5,100 $39,900
2015 -- $45,000 $5,100 $39,900
2014 -- $45,000 $5,100 $39,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4806890

OneKey® MLS

APN: 335200-058-000-0005-006.000-0000