NOT LISTED FOR SALE

7 Washington Ave Suffern, NY 10901

Estimated Value: $615,000 - $782,786

6 Beds
4.5 Baths
3,144 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $423,000 $135 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,865/month

44 Days on Market

Highlights

  • Water Access
  • Property is near public transit
  • Park
  • Suffern Middle School Rated A-
  • Corner Lot
  • Storage

About This Home

As of April 2021

Legal 2 Family, 3144 sq ft, Excellent investment property, and a good source of income. Close to Public Transportation, shops, restaurants, and more. 8% Cap rate in Suffern!

Last Agent to Sell the Property

David Hopstein

eRealty Advisors, Inc License #10301223284 Listed on: 11/09/2020

eRealty Advisors, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,732

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,144 Sq Ft Home
  • 2-Story Property
  • Storage
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Water Access
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 392607.054.028-0001-012.000/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,732

Year Built

Built in 1900

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Hamlet: Suffern
  • Year Built: 1900
  • Attribution Contact: 845-999-3948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Bilco Door(s), Unfinished
  • Total Bedrooms: 6
  • Living Area: 3144.00
  • Square Footage: 3144.00

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront Features: Water Access

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Hot Water: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Suffern Middle School

Lot Info

  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10019.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 392607.054.028-0001-012.000/0000
  • Property Attached: No

Rental Info

  • Hold Start Date: 2020-11-16
  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2021-04-23
  • Tax Annual Amount: 18732.00
  • Tax Map Number: 392607.054.028-0001-012.000/0000

Multi Family

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

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
Nov 9, 2020
Closed on
Apr 23, 2021
Sold by
Porgesz Aaron
Bought by
M3 Estates Llc
Seller's Agent
David Hopstein
eRealty Advisors, Inc
List Price
$399,000
Sold Price
$423,000
Premium/Discount to List
$24,000
6.02%
Current Estimated Value
$712,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,947
Avg. Annual Appreciation
11.32%
Original Mortgage
$317,250
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2016
Sold by
Braish Moshe
Bought by
Porgesz Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2005
Sold by
Foret Matthew M and Foret Jill L
Bought by
Baisley Christopoher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,600
Interest Rate
5.67%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2001
Sold by
Picariello Scott
Bought by
Ramos Martha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 1996
Sold by
Morgan Eric C and Morgan Mary F
Bought by
Picariello Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
7.25%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
M3 Estates Llc $423,000 Old Republic Title
M3 Estates Llc $423,000 Old Republic Title
M3 Estates Llc $423,000 Old Republic Title
Porgesz Aaron $320,000 Judicial Title
Porgesz Aaron $320,000 Judicial Title
Porgesz Aaron $320,000 Judicial Title
Baisley Christopoher M $357,000 Fidelity National Title Insu
Baisley Christopoher M $357,000 Fidelity National Title Insu
Baisley Christopoher M $357,000 Fidelity National Title Insu
Ramos Martha E $199,900 --
Ramos Martha E $199,900 --
Ramos Martha E $199,900 --
Picariello Scott $134,000 --
Picariello Scott $134,000 --
Picariello Scott $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M3 Estates Llc $317,250
Previous Owner Porgesz Aaron $240,000
Previous Owner Baisley Christopoher M $285,600
Previous Owner Ramos Martha E $179,900
Previous Owner Picariello Scott $107,200
Closed Baisley Christopoher M $71,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $423,000 0.0% $135 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
11/16/2020 11/16/20 Off Market $423,000 -- --
11/09/2020 11/09/20 For Sale $399,000 -- $127 / Sq Ft
Source: OneKey® MLS

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 $14,438 $41,700 $25,500 $16,200
2023 $14,438 $41,700 $25,500 $16,200
2022 $14,223 $41,700 $25,500 $16,200
2021 $14,223 $41,700 $25,500 $16,200
2020 $18,896 $41,700 $25,500 $16,200
2019 $19,447 $41,700 $25,500 $16,200
2018 $19,447 $41,700 $25,500 $16,200
2017 $19,946 $57,800 $25,500 $32,300
2016 $18,004 $57,800 $25,500 $32,300
2015 -- $37,800 $25,500 $12,300
2014 -- $37,800 $25,500 $12,300
Source: Public Records

Agents Affiliated with this Home

  • David Hopstein

    Seller's Agent in 2021

    David Hopstein

    eRealty Advisors, Inc

    (845) 300-4507

    7 in this area

    35 Total Sales

    David Hopstein
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Map

Source: OneKey® MLS

MLS Number: KEY6080944

OneKey® MLS

APN: 392607-054-028-0001-012-000-0000

New York Rockland County Suffern 10901

7 Washington Ave, Suffern, NY

Not Listed for Sale

MultiFamily

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