NOT LISTED FOR SALE

56 East Ave Middletown, NY 10940

Estimated Value: $318,000 - $487,000

4 Beds
2 Baths
1,172 Sq Ft
$317/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $76,500 $65 Per Sq Ft

Est. 386% increase in value since last sale

Current estimated payment $2,682/month

49 Days on Market

Highlights

  • Ranch Style House
  • Hot Water Heating System
  • Wood Siding
  • Porch
  • Level Lot
  • 3-minute walk to Maple Hill Park

About This Home

As of January 2018

Two family offering two, two bedroom units. Located in the Presidential Park Elementary School district, Middletown Middle Schools and Middletown High District. Great investor opportunity and also for homeowner who would like additional income. Conveniently located only Minutes to all stores and services.

Last Agent to Sell the Property

Sandra Cotthaus

1st Independent Realty Grp Brokerage Phone: 845-566-3524 License #31CO1137217 Listed on: 10/31/2017

Last Buyer's Agent

Shaya Eigner

Exit Realty Venture License #10401299374

Exit Realty Venture

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,800 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • Driveway

Home Design

  • 1,172 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Schools

  • Presidential Park Elementary School
  • Middletown High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for all utilities, heat
  • Assessor Parcel Number 330900.035.000-0004-007.000/0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Ranch
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 845-566-3524
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 1172
  • SquareFootage: 1172.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Patio and Porch Features: Porch

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 0.1102
  • Lot Size Sq Ft: 4800
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 330900.035.000-0004-007.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Heat

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 6405
  • Tax Map Number: 330900.035.000-0004-007.000/0000

MLS Schools

  • Elementary School: Presidential Park Elementary School
  • High School: Middletown High School
  • Middle School District: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Teitelbaum Chaim
Bought by
56 East Ave Llc
Total Days on Market
49
Current Estimated Value
$371,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 2, 2019
Sold by
Chaim Realty Inc
Bought by
Teitelbaum Chaim

Purchase Details

Closed on
Nov 6, 2018
Sold by
Teitelbaum Chaim
Bought by
Chaim Realty Inc

Purchase Details

Listed on
Oct 31, 2017
Closed on
Dec 27, 2017
Sold by
Us Bank Na
Bought by
Teitelbaum Chaim
Seller's Agent
Sandra Cotthaus
1st Independent Realty Grp
Buyer's Agent
Shaya Eigner
Exit Realty Venture
List Price
$75,000
Sold Price
$76,500
Premium/Discount to List
$1,500
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.18%

Purchase Details

Closed on
Aug 8, 2017
Sold by
Millan Javier
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 28, 2006
Sold by
Reyes Nilsa
Bought by
Millan Javier O
Source: Public Records

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Range of Values:

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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
56 East Ave Llc -- None Available
56 East Ave Llc -- None Available
56 East Ave Llc -- None Available
Teitelbaum Chaim -- --
Teitelbaum Chaim -- --
Teitelbaum Chaim -- --
Chaim Realty Inc $20,500 --
Chaim Realty Inc $20,500 --
Chaim Realty Inc $20,500 --
Teitelbaum Chaim $76,500 --
Teitelbaum Chaim $76,500 --
Teitelbaum Chaim $76,500 --
Us Bank National Association $240,216 Shapiro, Dicaro & Barak
Us Bank National Association $240,216 Shapiro, Dicaro & Barak
Millan Javier O $167,000 Marc Kerchman
Millan Javier O $167,000 Marc Kerchman
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 56 East Ave Llc $191,250
Previous Owner Teitelbaum Chaim $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2018 01/10/18 Sold $76,500 +2.0% $65 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $75,000 -- $64 / 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 $7,123 $25,300 $4,400 $20,900
2022 $6,980 $25,300 $4,400 $20,900
2021 $7,334 $25,300 $4,400 $20,900
2020 $3,107 $25,300 $4,400 $20,900
2019 $2,833 $25,300 $4,400 $20,900
2018 $6,974 $25,300 $4,400 $20,900
2017 $6,767 $25,300 $4,400 $20,900
2016 $6,607 $25,300 $4,400 $20,900
2015 -- $25,300 $4,400 $20,900
2014 -- $25,300 $4,400 $20,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4748100

OneKey® MLS

APN: 330900-035-000-0004-007.000-0000