NOT LISTED FOR SALE

50 Riverside Dr Suffern, NY 10901

Estimated Value: $591,332

2 Beds
2 Baths
1,374 Sq Ft
$430/Sq Ft Est. Value

Last Sold July 24, 2018

Last sale price $310,000 $226 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,257/month

48 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Suffern Middle School Rated A-
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of July 2018

Spacious legal 2-family, 2- 1 bedroom apartments that could be converted back to single family. Great opportunity for investor or live in 1 unit and rent the other unit. Move in condition with beaming hardwood floors, freshly painted and nicely updated. Full walk up attic for storage in upper unit. Separate utilities. Full walk out basement with washer and dryer hookup and hookup for another washer dryer. Plenty of room for parking and 2 car detached garage. Roof on house new plywood 13 years, garage 1 year, updated plumbing, brand new bath lower level with kitchen floor and stove. Lovely level backyard. Rents should generate $1,450 for each apartment. Basic Star Exemption $1,566 if owner occupied. A MUST SEE!!!!

Last Agent to Sell the Property

Jean Mc Keon

Century 21 Full Service Realty Brokerage Phone: 845-639-1234 License #40MC0728286 Listed on: 03/23/2018

Century 21 Full Service Realty

Last Buyer's Agent

Donna Budoff

Coldwell Banker Realty License #30BU0851856

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,255

Year Built

  • Built in 1930 | Remodeled in 2010

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,374 Sq Ft Home
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Schools

  • Richard P Connor Elementary School
  • Suffern Middle School
  • Suffern Senior High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 392607.054.052-0003-022.000/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,255

Year Built

Built in 1930 | Remodeled in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1930
  • Year Built Effective: 2010
  • Attribution Contact: 845-639-1234
  • Village: Suffern
  • Hamlet: Suffern
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Pantry, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Partial, See Remarks, Walk-Out Access
  • Total Bedrooms: 2
  • Living Area: 1374
  • SquareFootage: 1374.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Brick
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 6
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Suffern Middle School

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 0.1400
  • Lot Size Sq Ft: 6098
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 392607.054.052-0003-022.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 2

Tax Info

  • Tax Annual Amount: 12255
  • Tax Map Number: 392607.054.052-0003-022.000/0000
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Richard P Connor Elementary School
  • High School: Suffern Senior High School
  • Middle School District: Ramapo-Suffern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jul 24, 2018
Sold by
Gilbride Michael P and Gilbride Nancy
Bought by
Meister Alyssa and Mersch Stefan
Seller's Agent
Jean Mc Keon
Century 21 Full Service Realty
Buyer's Agent
Donna Budoff
Coldwell Banker Realty
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$591,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,332
Avg. Annual Appreciation
8.16%
Original Mortgage
$299,024
Interest Rate
4.62%
Mortgage Type
FHA
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
Meister Alyssa $310,000 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meister Alyssa $3,177
Open Meister Alyssa $284,999
Closed Meister Alyssa $3,379
Closed Meister Alyssa $294,622
Closed Meister Alyssa $299,024
Previous Owner Gilbride Michael $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $310,000 0.0% $226 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $310,000 0.0% $226 / Sq Ft
09/18/2015 09/18/15 For Rent $1,100 -8.3% --
09/18/2015 09/18/15 Rented $1,200 -- --
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 $12,229 $35,200 $12,100 $23,100
2022 $12,006 $35,200 $12,100 $23,100
2021 $12,006 $35,200 $12,100 $23,100
2020 $13,418 $35,200 $12,100 $23,100
2019 $13,070 $35,200 $12,100 $23,100
2018 $13,070 $35,200 $12,100 $23,100
2017 $12,420 $35,200 $12,100 $23,100
2016 $11,810 $35,200 $12,100 $23,100
2015 -- $35,200 $12,100 $23,100
2014 -- $35,200 $12,100 $23,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4804963

OneKey® MLS

APN: 392607-054-052-0003-022-000-0000