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25 Spring Hill Terrace

25 Spring Hill Terrace, Spring Valley, NY 10977
Property in Ramapo
Sold Mar 09, 2016
$460,000
$220,000 by Loan Depot Inc
Mortgage Due Feb 01, 2042
Sold Jun 16, 2003
$388,500
25 Spring Hill Terrace has been categorized by the local assessors in Spring Valley, NY as a residential type of property. The building on the property was first built in 1959 and is 65 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 25 Spring Hill Terrace has 2,470 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 2,230 ft. The area measurement of the land has been determined as 25,265 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 25 Spring Hill Terrace sold most recently in Feb 29, 2016 for a total of $460,000. If you work out the math, that's approximately a cost of $186.23 per sqft. Before that, the property was also sold for $388,500 in Jun 9, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,296 in taxes each year. 25 Spring Hill Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $54,800. If we break it down further, the land itself was valued at $17,500. Improvements to the property, however, were assessed at a total of $37,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 25,265
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 2,230
  • Total Building Area: 2,470
  • Building Area: 2,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,470
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SPRING HILL ESTATES
  • Land Acres: 0.58
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FRIEDMAN ELIEZER
  • Current Owner 2: FRIEDMAN RACHEL
  • Previous Owner : SETTEDUCATI MICHAEL
  • Previous Owner 2: SETTEDUCATI JUDY
  • Owner Before Previous Owner: STERNHEIMER ARTHUR C
  • Owner Before Previous Owner 2: STERNHEIMER MARY ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Ramapo Central School District (Spring Valley)
  • School Tax School District: SPRING VALLEY
  • Census Tract: 012504

Zoning

  • Zoning: 2

Geography

  • Account Number: 00402580000
  • District: 392615
  • Section: 67.08
  • Parcel: 392615 67.08-1-31
  • Block: 1
  • Lot: 31.000
  • Municipality: CHESTNUT RIDGE
  • Latitude: 41.0732
  • Longitude: -74.0635

    Address

  • Full Address: 25 Spring Hill Ter
  • Address - House Number: 25
  • Address - Street Name: Spring Hill
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Spring Valley
  • Carrier Code: C025
  • 4-Digit Zip Code: 7023
  • Zip Code: 10977

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,296
  • Tax Rate Code Area: 392602

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 785,220
  • High Value: 960,438
  • Low Value: 610,002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: LOAN DEPOT INC
  • First Open Lien Mortgage Recording Date: Feb 10, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $220,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2042

    Market Valuation

  • Market Total Value: $58,400
  • Market Land Value: $18,650
  • Market Improvement Value: $39,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,800
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $37,300

    Sales

  • Current Sale Contract Date: Feb 29, 2016
  • Current Sale Recording Date: Mar 09, 2016
  • Current Sale Transaction ID: 1534167659
  • Current Sale Price: $460,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2016-00006903
  • Previous Sale Recording Date: Jun 16, 2003
  • Previous Sale Contract Date: Jun 09, 2003
  • Previous Sale Amount: $388,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Mar 09, 2016
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2031

About Chestnut Ridge



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Frequently Asked Questions

What neighborhood is 25 Spring Hill Terrace located in?
The 25 Spring Hill Terrace is a located in the neighborhood of Ramapo in Chestnut Ridge, Spring Valley.
What is the average sales price for listings in 25 Spring Hill Terrace?
The average sales price for units in 25 Spring Hill Terrace is $0 currently.

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