$350,000
SOLD JUL 3, 2024 RENTED AUG 5, 2024

82 Sprague Ave Middletown, NY 10940

3 Beds
3 Baths
1,439 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$243 Per Sq Ft

16% Below List Price

69 Days on Market

Highlights

  • 1 Car Attached Garage
  • Level Lot
  • 4-minute walk to Maple Hill Park
  • Forced Air Heating System

About This Home

As of July 2024

Discover an exceptional investment opportunity in the heart of the City of Middletown, New York, with this legal two-family residence. This meticulously maintained property is a gem in the rental market, offering two spacious and inviting units that promise comfort and convenience. Positioned in a prime location, it guarantees high tenant appeal, with seamless access to local amenities, transportation, and employment hubs. Each unit boasts a well-designed layout, ensuring a living experience that tenants will cherish. This property is not just a house; it's a wise investment in a thriving community, perfect for investors looking to secure a valuable and income-generating asset in the vibrant City of Middletown. Property is in 100-year Floodplain Additional Information: ParkingFeatures:1 Car Attached,

Last Agent to Sell the Property

Michael Guattery

Keller Williams Realty Brokerage Phone: (845) 800-5932 License #10401274903 Listed on: 02/24/2024

Keller Williams Realty

Last Buyer's Agent

Philip Szumlaski

Keller Williams Realty License #10401328601

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,936

Year Built

  • Built in 1890

Lot Details

  • 7,000 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

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
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 330900-040-000-0005-008.000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,936

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Estimated
  • Levels: Two
  • Year Built: 1890
  • Attribution Contact: (845) 800-5932
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 3
  • Basement YN: Yes

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Description: Attached, Driveway, Private

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Middletown Twin Towers Middle Sch

Lot Info

  • Lot Size Acres: 0.1607
  • Lot Size Area: 0.1607
  • Lot Size Sq Ft: 7000
  • Building Area Total: 1439
  • Lot Features: Level, Sloped
  • Parcel Number: 330900-040-000-0005-008.000-0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Heat

Multi Family

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

Tax Info

  • Tax Annual Amount: 4936
  • 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
Aug 5, 2024
Closed on
Jul 2, 2024
Sold by
Edward V Fengya Ret and Santiago
Bought by
Garcia Daniel
Seller's Agent
Philip Szumlaski
Keller Williams Realty
Buyer's Agent
John Gouveia
Keller Williams Realty
Sold Price
$1,550
Current Estimated Value
$312,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,711
Avg. Annual Appreciation
-10.11%
Original Mortgage
$343,060
Outstanding Balance
$340,439
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
-$28,178

Purchase Details

Closed on
Apr 5, 2024
Sold by
Fengya Edward V
Bought by
Edward V Fengya Ret and Fengya
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 Type Sale Price Title Company
Deed $350,000 Westcor Land Title Insurance
Deed $350,000 Westcor Land Title Insurance
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $343,060 FHA
Closed $343,060 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Rented $1,550 0.0% --
08/05/2024 08/05/24 For Rent $1,550 0.0% --
07/03/2024 07/03/24 Sold $350,000 -16.5% $243 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $419,000 -- $291 / 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
2023 $4,988 $18,168 $5,400 $12,768
2022 $4,885 $18,168 $5,400 $12,768
2021 $5,139 $18,168 $5,400 $12,768
2020 $2,104 $18,168 $5,400 $12,768
2019 $2,047 $18,168 $5,400 $12,768
2018 $4,881 $21,600 $5,400 $16,200
2017 $5,626 $21,600 $5,400 $16,200
2016 $5,641 $21,600 $5,400 $16,200
2015 -- $21,600 $5,400 $16,200
2014 -- $21,600 $5,400 $16,200
Source: Public Records

Agents Affiliated with this Home

  • Philip Szumlaski

    Seller's Agent in 2024

    Philip Szumlaski

    Keller Williams Realty

    (845) 913-5936

    2 in this area

    88 Total Sales

    Section Image
  • Michael Guattery

    Seller's Agent in 2024

    Michael Guattery

    Keller Williams Realty

    (845) 800-5932

    16 in this area

    47 Total Sales

    Section Image

  • J

    Buyer's Agent in 2024

    John Gouveia

    Keller Williams Realty

    Section Image
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Map

Source: OneKey® MLS

MLS Number: H6290543

OneKey® MLS

APN: 330900-040-000-0005-008.000-0000

New York Orange County Middletown 10940

82 Sprague Ave, Middletown, NY

This home is located at 82 Sprague Ave, Middletown, NY 10940 and is currently priced at $350,000, approximately $243 per square foot. This property was built in 1890. 82 Sprague Ave is a home located in Orange County with nearby schools including Maple Hill Elementary School, Middletown Twin Towers Middle School, and Monhagen Middle School.

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