NOT LISTED FOR SALE

5 Demarest Rd Spring Valley, NY 10977

Estimated Value: $945,818 - $1,435,000

5 Beds
3 Baths
3,144 Sq Ft
$369/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $850,000 $270 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,698/month

29 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Fireplace
  • Property is near public transit
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of February 2024

Chestnut Ridge, NY. Nestled on a quiet cul-de-sac, this Contemporary Colonial offers 5 beds and 3 full baths, including a first-floor bedroom and bathroom for convenience. Classic Colonial floorplan with a wood burning fireplace in the family room for cozy winter nights. The property boasts a serene backyard and is close to Dexter Park. Location is key, and this home truly excels in that department. Situated on a sprawling .74-acre lot, this property provides ample space for outdoor recreation and tranquility. Close to the NJ border, you'll have easy access to major highways and shopping centers. Commuting to NYC is a breeze with nearby train stations, allowing you to enjoy the city's offerings while residing in the tranquility of your suburban haven. Don't miss the chance to own this perfect blend of comfort and style in a prime location! Welcome home!

Last Agent to Sell the Property

Margo Bohlin

Howard Hanna Rand Realty Brokerage Phone: (845) 634-4202 License #30BO0645779 Listed on: 11/13/2023

Howard Hanna Rand Realty

Last Buyer's Agent

Tirtza Beer

Q Home Sales License #10301208061

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,735

Year Built

  • Built in 1983

Lot Details

  • 0.74 Acre Lot
  • Property fronts an easement
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,144 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • Park

Listing and Financial Details

  • Exclusions: Second Refrigerator,See Remarks
  • Assessor Parcel Number 392615-063-010-0002-015-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,735

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial, Contemporary
  • Property SubType: Single Family Residence
  • Levels: Two
  • Exclusions: Second Refrigerator,See Remarks
  • Year Built: 1983
  • Attribution Contact: (845) 634-4202
  • Village: Chestnut Ridge
  • Hamlet: Chestnut Ridge
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Formal Dining, Entrance Foyer
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: None
  • Inclusions: Chandelier(s),Dryer,Refrigerator,Washer
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 3144
  • AtticDescription: Full,Scuttle
  • SquareFootage: 3144.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Sprinkler System

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Chestnut Ridge Middle School

Lot Info

  • Lot Size Acres: 0.74
  • Lot Size Sq Ft: 32234
  • Lot Size Units: Acres
  • Lot Features: Easement, Level, Near Public Transit, Cul-De-Sec
  • Parcel Number: 392615-063-010-0002-015-000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 18735
  • Tax Map Number: 392615-063-010-0002-015-000-0000

MLS Schools

  • Elementary School: Margetts 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
Nov 13, 2023
Closed on
Feb 15, 2024
Sold by
Marley Gloria Geraldine
Bought by
Gelbfish Jacob I and Gelbfish Esther Bracha
Seller's Agent
Margo Bohlin
Howard Hanna Rand Realty
Buyer's Agent
Tirtza Beer
Q Home Sales
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%
Views
186
Current Estimated Value
$1,161,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,705
Avg. Annual Appreciation
18.18%
Original Mortgage
$400,000
Outstanding Balance
$392,216
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$769,489
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
Gelbfish Jacob I $847,500 Catic Title
Gelbfish Jacob I $847,500 Catic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelbfish Jacob I $400,000
Closed Gelbfish Jacob I $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $850,000 -5.0% $270 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
11/13/2023 11/13/23 For Sale $895,000 -- $285 / 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 $19,337 $72,000 $19,700 $52,300
2023 $19,337 $80,900 $19,700 $61,200
2022 $18,152 $80,900 $19,700 $61,200
2021 $18,063 $80,900 $19,700 $61,200
2020 $18,283 $80,900 $19,700 $61,200
2019 $18,266 $80,900 $19,700 $61,200
2018 $18,266 $80,900 $19,700 $61,200
2017 $18,063 $80,900 $19,700 $61,200
2016 $17,991 $80,900 $19,700 $61,200
2015 -- $80,900 $19,700 $61,200
2014 -- $80,900 $19,700 $61,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6270792

OneKey® MLS

APN: 392615-063-010-0002-015-000-0000