Check Availability

1040 East Mountain Road South

1040 East Mountain Road South, Cold Spring, NY 10516
Property in Philipstown
Sold Oct 15, 2021
$795,000
$636,000 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2051
Sold Jul 19, 2010
$350,000
$219,469 by First Republic Bank
Mortgage
Local assessors in Cold Spring, NY have categorized 1040 East Mountain Road South as a residential type of property. The home was built in 1870 and is 154 years old. The property's lot size has been calculated to be 168,142 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1040 East Mountain Road South has a total of 2,352 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 840 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Lots of wood were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1040 East Mountain Road South was last sold in Aug 13, 2021 for $795,000. According to our calculations, that's $338.01 per sqft. Prior to that sales transaction, the property was sold for $350,000 in Jul 7, 2010. Current property owners are expected to pay $19,456 in taxes per year. The property on 1040 East Mountain Road South was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $317,600. To break that down further, the land itself was valued at $68,000. While improvements to the property were assessed at a total of $249,600. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 840
  • Parking Space Count: 3
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 168,142
  • Lot Size Frontage Feet: 2,700
  • Total Building Area: 2,352
  • Building Area: 2,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,352
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 3.86
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAND & RESIDENCE

Ownership

  • Current Owner : MALNATI WILLIAM
  • Current Owner 2: MALANTI ALISSA
  • Previous Owner : PASQUARELLI GREGG
  • Owner Before Previous Owner: FRAZIER THOMAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Haldane Central School District
  • School Tax School District: HALDANE
  • Census Tract: 010600

Zoning

  • Zoning: R120

Geography

  • Account Number: 044450
  • District: 372689
  • Section: 8.00
  • Parcel: 372689 8.-2-11
  • Block: 2
  • Lot: 11.000
  • Municipality: PHILIPSTOWN (TOV)
  • Latitude: 41.4893
  • Longitude: -73.8499

    Address

  • Full Address: 1040 E Mountain Rd S
  • Address - House Number: 1040
  • Street Segment Direction: S
  • Street Direction: E
  • Address - Street Name: Mountain
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Cold Spring
  • Carrier Code: R086
  • 4-Digit Zip Code: 4350
  • Zip Code: 10516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,456
  • Tax Rate Code Area: 372601

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $636,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 15, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $636,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $901,760
  • Market Land Value: $193,072
  • Market Improvement Value: $708,688

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,600
  • Assessed Land Value: $68,000
  • Assessed Improvements Value: $249,600

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11860444595
  • Current Sale Price: $795,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 12103-2021
  • Previous Sale Recording Date: Jul 19, 2010
  • Previous Sale Contract Date: Jul 07, 2010
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $636,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Jul 19, 2010
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $219,469
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Putnam



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1040 East Mountain Road South located in?
The 1040 East Mountain Road South is a located in the neighborhood of Philipstown in Putnam, Cold Spring.
What is the average sales price for listings in 1040 East Mountain Road South?
The average sales price for units in 1040 East Mountain Road South is $0 currently.

Quantcast