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240 Mountain Rest Road

240 Mountain Rest Road, New Paltz, NY 12561
Property in New Paltz
Sold Sep 03, 2021
$795,000
$636,000 by Ubs Bank Usa
Mortgage Due Sep 03, 2051
Local assessors in New Paltz, NY have categorized 240 Mountain Rest Road as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 527,076 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 240 Mountain Rest Road has a total of 700 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. Do you like to entertain? The home has a covered 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 fair. 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 - D. Lots of wood were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source and it is being fueled with nothing. 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, 240 Mountain Rest Road was last sold in Aug 26, 2021 for $795,000. According to our calculations, that's $1,135.71 per sqft. Current property owners are expected to pay $15,831 in taxes per year. The property on 240 Mountain Rest Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $423,000. To break that down further, the land itself was valued at $219,900. While improvements to the property were assessed at a total of $203,100. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1960
  • Effective Year Built: 1960
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 527,076
  • Lot Size Frontage Feet: 11,500
  • Total Building Area: 700
  • Building Area: 700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 700
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 12.1
  • Standard Land Use Code: Rural/agricultural residence

Ownership

  • Current Owner : KAISER STUART
  • Previous Owner : SOLT STEPHANIE D

Neighborhood

  • School District Name: New Paltz Central School District
  • School Tax School District: NEW PALTZ
  • Census Tract: 953300

Zoning

  • Zoning: A3

Geography

  • Account Number: 101951.000
  • District: 513889
  • Section: 78.03
  • Parcel: 513889 78.3-1-5.110
  • Block: 1
  • Lot: 5.110
  • Municipality: NEW PALTZ (TOV)
  • Latitude: 41.7771
  • Longitude: -74.1255

    Address

  • Full Address: 240 Mountain Rest Rd
  • Address - House Number: 240
  • Address - Street Name: Mountain Rest
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: New Paltz
  • Carrier Code: R004
  • 4-Digit Zip Code: 2824
  • Zip Code: 12561

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,831
  • Tax Rate Code Area: 513801

    Appraisal Valuation

  • Standard Deviation: 0.2541
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 64
  • Final Value: 847,480
  • High Value: 1,062,884
  • Low Value: 632,076

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $636,000
  • First Open Lien Mortgage Lender: UBS BANK USA
  • First Open Lien Mortgage Recording Date: Sep 03, 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: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 03, 2051

    Market Valuation

  • Market Total Value: $640,909
  • Market Land Value: $333,182
  • Market Improvement Value: $307,727

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $423,000
  • Assessed Land Value: $219,900
  • Assessed Improvements Value: $203,100

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Transaction ID: 11855136984
  • Current Sale Price: $795,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021-17418

    Last Sale Mortgage

  • First Mortgage Lender: UBS BANK USA
  • First Mortgage Transaction Date: Sep 03, 2021
  • First Mortgage Loan Amount: $636,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Ulster



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Frequently Asked Questions

What neighborhood is 240 Mountain Rest Road located in?
The 240 Mountain Rest Road is a located in the neighborhood of New Paltz in Ulster, New Paltz.
What is the average sales price for listings in 240 Mountain Rest Road?
The average sales price for units in 240 Mountain Rest Road is $0 currently.

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