NOT LISTED FOR SALE

75 Academy Ave Middletown, NY 10940

Estimated Value: $398,000 - $442,144

5 Beds
2 Baths
2,247 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $430,000 $191 Per Sq Ft

Current estimated payment $2,864/month

44 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Park
  • Property is near public transit
  • 6 Car Detached Garage
  • 2-minute walk to Maple Hill Park

About This Home

As of August 2024

A SPACIOUS MULTI-FAMILY Home in Middletown is ready to be purchased! This 2 Family is centrally located in the City of Middletown with great bones. They don’t build them like this anymore. If you are looking for an investment where you can rent them both, you have found it! You also have the option to live in one and let the rental income of the other help pay your mortgage! A legal 2 family home with non-owner occupancy. The lower unit offers a 2 bedroom/1bath with a living room with custom built cabinets, original hardwood doors, trim & floors throughout. 1st floor has direct basement access with plenty of storage space. This unit is ready for occupancy. The upper unit features a 3/bedrm/1bath with living room, kitchen & with direct acces to a full walk-up attic that also offers additional storage space. This unit has a long time tenant that would love to stay. Last but not least, a detached 3 car garage that can generate additional income of $150-200 month/each. Plenty of parking! Great commuter location with public transportation near. Close to Touro college, OCC, Garnet Medical and minutes to I84. Book your tour today & add this to your investment portfolio! Additional Information: Amenities:Storage,ParkingFeatures:3 Car Detached,

Last Agent to Sell the Property

Sandra Arnez

Keller Williams Hudson Valley Brokerage Phone: (845) 800-2370 License #10401301842 Listed on: 05/04/2024

Keller Williams Hudson Valley

Last Buyer's Agent

Sharon Pehush

HomeSmart Homes & Estates License #10401277781

HomeSmart Homes & Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,901

Year Built

  • Built in 1870

Lot Details

  • 8,999 Sq Ft Lot
  • Level Lot

Parking

  • 6 Car Detached Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Location

  • Property is near public transit

Schools

  • William A Carter Elementary School
  • Middletown Twin Towers Middle Sch
  • Middletown High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 330900-040-000-0002-011.000-0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,901

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Property Condition: Estimated
  • Year Built: 1870
  • Attribution Contact: (845) 800-2370
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: First Floor Bedroom
  • Full Bathrooms: 2
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 5
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6
  • Parking Description: Detached

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Middletown Twin Towers Middle Sch

Lot Info

  • Lot Size Acres: 0.2066
  • Lot Size Area: 0.2066
  • Lot Size Sq Ft: 8999
  • Building Area Total: 2247
  • Lot Features: Level, Near Public Transit, Near School, Near Shops
  • Parcel Number: 330900-040-000-0002-011.000-0000
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6901
  • Tax Year: 2023

MLS Schools

  • Elementary School: WILLIAM A CARTER SCHOOL
  • High School: Middletown High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Aug 2, 2024
Sold by
Maria Petrizzo Irt and Svizzero
Bought by
Jm & Gac Prop Mgmt Inc
Seller's Agent
Sandra Arnez
Keller Williams Hudson Valley
Buyer's Agent
Sharon Pehush
HomeSmart Homes & Estates
List Price
$399,000
Sold Price
$430,000
Premium/Discount to List
$31,000
7.77%
Current Estimated Value
$428,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,464
Avg. Annual Appreciation
3.15%

Purchase Details

Closed on
Aug 18, 2007
Sold by
Petrizzo Maria
Bought by
Paolina Svizzero & Guistina Criscuolo Trustee and Or Their Successors In Trust
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
Jm & Gac Prop Mgmt Inc $430,000 None Available
Jm & Gac Prop Mgmt Inc $430,000 None Available
Paolina Svizzero & Guistina Criscuolo Trustee -- Richard Shapiro
Paolina Svizzero & Guistina Criscuolo Trustee -- Richard Shapiro
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $430,000 +7.8% $191 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $399,000 -- $178 / 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
2024 $6,973 $25,400 $5,900 $19,500
2023 $6,973 $25,400 $5,900 $19,500
2022 $6,830 $25,400 $5,900 $19,500
2021 $7,185 $25,400 $5,900 $19,500
2020 $2,942 $25,400 $5,900 $19,500
2019 $2,862 $25,400 $5,900 $19,500
2018 $6,823 $25,400 $5,900 $19,500
2017 $6,616 $25,400 $5,900 $19,500
2016 $6,633 $25,400 $5,900 $19,500
2015 -- $25,400 $5,900 $19,500
2014 -- $25,400 $5,900 $19,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6304695

OneKey® MLS

APN: 330900-040-000-0002-011.000-0000