Seller's Agent in 2019
Thomas Ralph
Thomas J. Ralph, Inc.
(914) 413-1697
2 in this area
46 Total Sales
71 Lincoln St New Rochelle, NY 10801
Sun Haven/Homestead Park NeighborhoodEstimated Value: $852,000 - $1,198,000
7
Beds
3
Baths
2,390
Sq Ft
$412/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Property is near public transit
- Eat-In Kitchen
- New Rochelle High School Rated A-
- 2 Car Detached Garage
- 4-minute walk to Stephenson Park
About This Home
As of December 2019Legal 3-Family house on quiet tree-lined street in New Rochelle's East End. There are two 3-bedroom apartments and one 1-bedroom apartment on the top floor. In addition, there is additional usable space in the walk out basement with a full bathroom. This classic Colonial was built in 1905 and has a wonderful open-air covered front porch. There is also a fabulous patio where family barbeques will be memorable events. Parking is easy. There is a 2-car garage and driveway parking for 2 additional cars. Apartment one is superbly updated with a sky lit kitchen featuring granite counters and cherry wood cabinets. Downtown New Rochelle and the RR Station are a brisk walk away. The other 2 apartments will offer you an opportunity to collect at least $4,000 a month in rent. With the STAR savings taxes are under $1,000 a month. You can nearly live for free with a modest down payment! This wonderful opportunity will not last long, so make plans to see it and have your offer in before it's gone!
Last Agent to Sell the Property
Thomas J. Ralph, Inc. License #31RA0783359 Listed on: 09/04/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,285
Year Built
- Built in 1905
Lot Details
- 3,977 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
Interior Spaces
- 2,390 Sq Ft Home
- Finished Basement
- Walk-Out Basement
- Eat-In Kitchen
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Schools
- Trinity Elementary School
- Isaac E Young Middle School
- New Rochelle High School
Utilities
- No Cooling
- 1 Heating Zone
- Hot Water Heating System
- Heating System Uses Oil
- Natural Gas Water Heater
Additional Features
- Patio
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 1000-000-001-00262-000-0020
Community Details
Overview
- 3 Units
Recreation
- Park
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2019
Closed on
Dec 5, 2019
Sold by
Ruhl Paul and Ruhl Laurie
Bought by
Spadaro Angelo J and Spadaro Anthony J
Seller's Agent
Thomas Ralph
Thomas J. Ralph, Inc.
Buyer's Agent
Kathleen Spadaro
Spadaro Real Estate, Ltd.
List Price
$675,000
Sold Price
$715,000
Premium/Discount to List
$40,000
5.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,265
Avg. Annual Appreciation
5.72%
Original Mortgage
$572,000
Outstanding Balance
$506,466
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$478,799
Purchase Details
Closed on
Jul 2, 2002
Sold by
Ruhl Allan and Ruhl Florence
Bought by
Ruhl Paul and Ruhl Laurie
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spadaro Angelo J | $715,000 | Record & Return Title Agency | |
| Ruhl Paul | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spadaro Angelo J | $572,000 | |
| Previous Owner | Ruhl Paul | $100,000 | |
| Previous Owner | Ruhl Paul | $180,000 | |
| Previous Owner | Ruhl Paul | $175,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2019 12/05/19 | Sold | $715,000 | +5.9% | $299 / Sq Ft |
| 09/24/2019 09/24/19 | Pending | -- | -- | -- |
| 09/04/2019 09/04/19 | For Sale | $675,000 | -- | $282 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $15,811 | $10,650 | $2,050 | $8,600 |
| 2023 | $13,937 | $10,650 | $2,050 | $8,600 |
| 2022 | $14,890 | $10,650 | $2,050 | $8,600 |
| 2021 | $14,769 | $10,650 | $2,050 | $8,600 |
| 2020 | $12,348 | $10,650 | $2,050 | $8,600 |
| 2019 | $11,552 | $10,650 | $2,050 | $8,600 |
| 2018 | $9,973 | $10,650 | $2,050 | $8,600 |
| 2017 | $6,521 | $10,650 | $2,050 | $8,600 |
| 2016 | $10,326 | $10,650 | $2,050 | $8,600 |
| 2015 | $10,706 | $10,650 | $2,050 | $8,600 |
| 2014 | $10,706 | $10,650 | $2,050 | $8,600 |
| 2013 | $10,706 | $12,100 | $2,050 | $10,050 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Ralph
-
Kathleen Spadaro
Buyer's Agent in 2019
Kathleen Spadaro
Spadaro Real Estate, Ltd.
(914) 646-3202
1 in this area
78 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY5048800
APN: 1000-000-001-00262-000-0020
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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