NOT LISTED FOR SALE

61 Herrick Ave Spring Valley, NY 10977

Estimated Value: $821,000 - $2,273,000

8 Beds
3.5 Baths
3,278 Sq Ft
$515/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $1,600,000 $488 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,070/month

63 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Level Lot
  • Storage
  • Baseboard Heating

About This Home

As of December 2021

Three-Family house in R-15C zone is ready for a re-development project. Enjoy the income while you get your approvals. Level property just south of Maple Ave surrounded by many other new properties. Two apartments are tenant occupied with income of $42,300/yr. Available apartment may bring in additional $21,600/yr if rental is taken at $1800/month. 2 apartments are approximately 500 SF each. No footage available for largest apartment on main level. Each unit has a direct entrance with no interior hallways.

Last Agent to Sell the Property

Carole Novick

Carole Novick Realty Inc License #31NO0356527 Listed on: 08/30/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,461

Year Built

  • Built in 1920

Lot Details

  • 0.35 Acre Lot
  • No Common Walls
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Frame Construction
  • Clapboard

Interior Spaces

  • 3,278 Sq Ft Home
  • 2-Story Property
  • Storage
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms

Location

  • Property is near public transit

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • 3 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 392689.057.005-0002-010.000/0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,461

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Hamlet: Spring Valley
  • Year Built: 1920
  • Attribution Contact: 845-362-1120
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Unfinished
  • Total Bedrooms: 8
  • Living Area: 3278.00
  • Square Footage: 3278.00

Exterior Features

  • Construction Materials: Frame, Clapboard

Garage/Parking

  • Total Parking Spaces: 8.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Forced Air
  • Hot Water: Gas Stand Alone
  • Heating Zones: 3
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Elmwood Elementary School, Margetts Elementary School
  • Middle School: Chestnut Ridge Middle School
  • High School: Spring Valley High School
  • Middle School: Chestnut Ridge Middle School

Lot Info

  • Lot Size Acres: 0.3500
  • Lot Size Area: 0.3500
  • Lot Size Sq Ft: 15246.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 392689.057.005-0002-010.000/0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Tax Info

  • Close Date: 2021-12-07
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 11461.00
  • Tax Map Number: 392689.057.005-0002-010.000/0000

Multi Family

  • Units Total: 3
  • Two Bedrooms: 2
  • Four Bedrooms: 1
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Elmwood 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
Aug 30, 2021
Closed on
Dec 7, 2021
Sold by
Friedman Trust Ii
Bought by
61 Herrick Llc
Seller's Agent
Carole Novick
Carole Novick Realty Inc
List Price
$2,200,000
Sold Price
$1,600,000
Premium/Discount to List
-$600,000
-27.27%
Current Estimated Value
$1,680,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,578
Avg. Annual Appreciation
1.45%

Purchase Details

Closed on
May 3, 2011
Sold by
Friedman Laszlo
Bought by
Friedman Miriam
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
61 Herrick Llc $1,600,000 Old Republic Title
Friedman Miriam -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $1,600,000 +88788.9% $488 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/10/2021 10/10/21 Rented $1,800 0.0% --
10/01/2021 10/01/21 Price Changed $1,999,999 -9.1% $610 / Sq Ft
08/30/2021 08/30/21 For Sale $2,200,000 0.0% $671 / Sq Ft
08/30/2021 08/30/21 For Rent $1,800 -- --
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 $11,810 $43,700 $15,200 $28,500
2023 $11,810 $43,700 $15,200 $28,500
2022 $10,156 $43,700 $15,200 $28,500
2021 $10,156 $43,700 $15,200 $28,500
2020 $11,461 $43,700 $15,200 $28,500
2019 $11,539 $43,700 $15,200 $28,500
2018 $11,539 $43,700 $15,200 $28,500
2017 $11,417 $43,700 $15,200 $28,500
2016 $11,505 $43,700 $15,200 $28,500
2015 -- $43,700 $15,200 $28,500
2014 -- $43,700 $15,200 $28,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Carole Novick

    Carole Novick Realty Inc

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Map

Source: OneKey® MLS

MLS Number: KEY6140033

OneKey® MLS

APN: 392689-057-005-0002-010-000-0000

New York Rockland County Spring Valley 10977

61 Herrick Ave, Spring Valley, NY

This home is located at 61 Herrick Ave, Spring Valley, NY 10977 since 30 August 2021 and is currently estimated at $1,689,203, approximately $515 per square foot. This property was built in 1920. 61 Herrick Ave is a home located in Rockland County with nearby schools including Margetts Elementary School, Chestnut Ridge Middle School, and Spring Valley High School.

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