NOT LISTED FOR SALE

81 Red Schoolhouse Rd Spring Valley, NY 10977

Estimated Value: $311,877 - $1,238,000

5 Beds
3 Baths
1,994 Sq Ft
$447/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $170,000 $85 Per Sq Ft

Est. 425% increase in value since last sale

Current estimated payment $5,694/month

24 Days on Market

Highlights

  • Cape Cod Architecture
  • Private Lot
  • Eat-In Kitchen
  • Property is near public transit
  • Main Floor Bedroom
  • Baseboard Heating

About This Home

As of December 2015

Chestnut Ridge NY. Unusual for the area, legal 2 family house with one apartment on the main level and the other upstairs. House needs updating but has a good layout. Currently house is occupied by owners family. Sale is subject to bank approval (short sale).

Last Agent to Sell the Property

Esther Klein

Realty Teams Corp Brokerage Phone: 845-364-0007 License #10401205029 Listed on: 06/25/2015

Last Buyer's Agent

Tirtza Beer

Q Home Sales License #10301208061

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 0.45 Acre Lot
  • No Common Walls
  • Private Lot
  • Sloped Lot

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,994 Sq Ft Home
  • Partial Basement
  • Eat-In Kitchen

Parking

  • 4 Parking Spaces
  • Driveway

Location

  • Property is near public transit

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 392615.063.017-0001-028.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Multi Family
  • Year Built: 1938
  • Attribution Contact: 845-364-0007
  • Village: Chestnut Ridge
  • Hamlet: Chestnut Ridge
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Partial
  • Living Area: 1994
  • Owner Pays: Insurance
  • SquareFootage: 1994.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Aluminum Siding, Wood Siding

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Chestnut Ridge Middle School

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Dimensions: 0.4500
  • Lot Size Sq Ft: 19602
  • Lot Size Units: Acres
  • Lot Features: Sloped, Near Public Transit, Private
  • Parcel Number: 392615.063.017-0001-028.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: None

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 9618
  • Tax Map Number: 392615.063.017-0001-028.000/0000
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Eldorado Elementary School,Fleetwood 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
Jun 25, 2015
Closed on
Dec 30, 2015
Sold by
Lubin Roseline
Bought by
Fromowitz Zissy
Seller's Agent
Esther Klein
Realty Teams Corp
Buyer's Agent
Tirtza Beer
Q Home Sales
List Price
$199,000
Sold Price
$170,000
Premium/Discount to List
-$29,000
-14.57%
Current Estimated Value
$891,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,719
Avg. Annual Appreciation
18.65%

Purchase Details

Closed on
Sep 25, 2001
Sold by
Lubin Jean
Bought by
Lubin Roseline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
6.66%
Mortgage Type
FHA
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
Fromowitz Zissy $170,000 Meister Abstract
Lubin Roseline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fromowitz Zissy $476,000
Closed Fromowitz Zissy $311,500
Previous Owner Lubin Roseline $227,000
Previous Owner Lubin Roseline $202,000
Previous Owner Lubin Roseline $168,050
Previous Owner Lubin Roseline $156,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $170,000 -14.6% $85 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $199,000 -- $100 / 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 $10,471 $40,600 $10,900 $29,700
2023 $10,471 $40,600 $10,900 $29,700
2022 $9,110 $40,600 $10,900 $29,700
2021 $9,065 $40,600 $10,900 $29,700
2020 $10,267 $40,600 $10,900 $29,700
2019 $10,215 $40,600 $10,900 $29,700
2018 $10,215 $40,600 $10,900 $29,700
2017 $10,170 $40,600 $10,900 $29,700
2016 $10,255 $40,600 $10,900 $29,700
2015 -- $40,600 $10,900 $29,700
2014 -- $40,600 $10,900 $29,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4528347

OneKey® MLS

APN: 392615-063-017-0001-028-000-0000