NOT LISTED FOR SALE

Estimated Value: $593,000 - $745,000

4 Beds
2.5 Baths
2,087 Sq Ft
$321/Sq Ft Est. Value

Sale Details

Date Sold: March 12, 2021

Last sale price $365,000 $175 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,071 / mo

152 Days on Market

Highlights

  • Eat-In Kitchen
  • Hot Water Heating System
  • Level Lot
  • Suffern Middle School Rated A-
  • Heating System Uses Steam

About This Home

As of March 2021

AO - Awesome & rare opportunity to own or invest in highly sought after Suffern in a beautiful neighborhood. This legal, side-by-side 2 family home with finished basements is walking distance to trains, express bus to NYC & heart of downtown Suffern with quaint village, shops,restaurants and historic theater. Rents are WELL BELOW MARKET & tenants currently month-to-month giving you an opportunity increase rents for additional cash flow or live in 1 and rent out the other! Tenants pay all utilities & you collect the rent! Two long driveways allow parking for 2-3 cars or more for each apartment! The driveway on the right provides access to a 2BR/1.5BA apartment which consists of a large eat-in kitchen with granite countertops, 1.5 bathrooms, 2 bedrooms, pristine hardwood floors,finished basement with laundry room & additional storage room. The driveway on the left provides access to a 2BR/1BA apartment with eat-in kitchen, living room, 2 bedrooms, full bath, finished basement & laundry room. Schedule an appointment because RIGHT NOW this is the ONLY 2-family house currently in Suffern!

Last Agent to Sell the Property

Anthony Gnagnarelli

Keller Williams Valley Realty License #30GN0979039 Listed on: 10/08/2020

Keller Williams Valley Realty

Co-Listed By

Marilyn Vazquez

Keller Williams Valley Realty License #40VA1046783

Last Buyer's Agent

Anthony Gnagnarelli

Keller Williams Valley Realty License #30GN0979039 Listed on: 10/08/2020

Keller Williams Valley Realty

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,757

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shake Siding
  • Cedar

Interior Spaces

  • 2,087 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Driveway
  • Unassigned Parking

Schools

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

Utilities

  • No Cooling
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 392607.054.051-0001-023.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,757

Year Built

Built in 1964

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Hamlet: Suffern
  • Year Built: 1964
  • Attribution Contact: 201-391-2500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 4
  • Living Area: 2087.00
  • Square Footage: 2087.00

Exterior Features

  • Construction Materials: Frame, Brick, Cedar, Shake Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Unassigned

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water, Steam
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Suffern Middle School

Lot Info

  • Lot Size Acres: 0.1700
  • Lot Size Sq Ft: 7405.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 392607.054.051-0001-023.000/0000
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-03-09
  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2021-03-12
  • Tax Annual Amount: 17757.00
  • Tax Map Number: 392607.054.051-0001-023.000/0000

Multi Family

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

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
54 Ramapo Llc
Bought by
Current Estimated Value
$669,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2020
Closed on
Mar 10, 2021
Sold by
Ross Jay H and Ross Mindy S
Bought by
54 Ramapo Llc
Seller's Agent
Anthony Gnagnarelli
Keller Williams Valley Realty
Buyer's Agent
Anthony Gnagnarelli
Keller Williams Valley Realty
List Price
$450,000
Sold Price
$365,000
Premium/Discount to List
-$85,000
-18.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%

Purchase Details

Closed on
Sep 4, 2008
Sold by
Esposito Siobhan
Bought by
Ross Jay H and Ross Mindy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2002
Sold by
Mcmahon Andrew and Mcmahon Margaret
Bought by
Esposito Phillip and Esposito Siobhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.61%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Suffern, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
54 Ramapo Llc $365,000 None Available
Ross Jay H $427,500 The Judicial Title Insurance
Esposito Phillip $140,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $395,500
Closed Ross Jay H $5,568
Closed Ross Jay H $227,500
Previous Owner Esposito Phillip $61,500
Closed Esposito Phillip $112,000
Previous Owner Joseph Ajith $206,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $365,000 0.0% $175 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/09/2021 03/09/21 Off Market $365,000 -- --
02/22/2021 02/22/21 For Sale $450,000 0.0% $216 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
11/04/2020 11/04/20 Price Changed $450,000 -4.1% $216 / Sq Ft
10/08/2020 10/08/20 For Sale $469,000 -- $225 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,511 $47,800 $12,500 $35,300
2023 $16,511 $47,800 $12,500 $35,300
2022 $16,303 $47,800 $12,500 $35,300
2021 $16,303 $47,800 $12,500 $35,300
2020 $17,757 $47,800 $12,500 $35,300
2019 $17,020 $47,800 $12,500 $35,300
2018 $17,020 $47,800 $12,500 $35,300
2017 $16,252 $47,800 $12,500 $35,300
2016 $15,651 $47,800 $12,500 $35,300
2015 -- $47,800 $12,500 $35,300
2014 -- $47,800 $12,500 $35,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6076072

OneKey® MLS

APN: 392607-054-051-0001-023-000-0000

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