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481 Broadway

481 Broadway, Monticello, NY 12701
Commercial in Thompson
481 Broadway has been categorized by the local assessors in Monticello, NY as a commercial type of property. The building on the property was first built in 1940 and is 84 years old. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 375 ft. The area measurement of the land has been determined as 5,625 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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. 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. The property was last sold in Nov 3, 2023 for $435,000. That's $84.80 per sqft. Prior to that sales transaction, the property was also sold in Dec 13, 2017 for $220,000. 481 Broadway was last assessed in 2023. The total value of the property was assessed at $120,700. Specifically, the land the property is located on was valued at $20,000. While improvements on the property were assessed at a total of $100,700. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $0. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230220
02/20/2023
Loft
-
-
$495,000
bedrooms
Loft
bathrooms
-
-
11/08/2023
-
Frances Levin
JMPIRE Real Estate LLC
20220519
05/19/2022
Loft
-
-
$450,000
bedrooms
Loft
bathrooms
-
-
-
-
Frances Levin
DLR Realty

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 1
  • Business/Commerical Units Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 5,130
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,625
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 375
  • Total Building Area: 5,130
  • Gross Building Area: 5,130
  • Building Area: 5,130
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.129
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: WATER METER 105/106 107/108/109/110

Ownership

  • Current Owner : JAFRI ENTERPRISES LLC
  • Previous Owner : SS PAIK LLC
  • Owner Before Previous Owner: LOMBARDI GARY
  • Owner Before Previous Owner 2: LOMBARDI MARIE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monticello Central School District
  • School Tax School District: MONTICELLO
  • Census Tract: 951802

Zoning

  • Zoning: B2

Geography

  • District: 484601
  • Section: 111
  • Parcel: 484601 111.-6-1
  • Block: 6
  • Lot: 1.000
  • Municipality: MONTICELLO
  • Latitude: 41.6555
  • Longitude: -74.6896

    Address

  • Full Address: 481 Broadway
  • Address - House Number: 481
  • Address - Street Name: Broadway
  • State: NY
  • City Name: Monticello
  • Carrier Code: C001
  • 4-Digit Zip Code: 1776
  • Zip Code: 12701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 484601

    Market Valuation

  • Market Total Value: $241,400
  • Market Land Value: $40,000
  • Market Improvement Value: $201,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,700
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $100,700

    Sales

  • Current Sale Contract Date: Nov 03, 2023
  • Current Sale Recording Date: Nov 08, 2023
  • Current Sale Transaction ID: 11916876218
  • Current Sale Price: $435,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2023-9169
  • Previous Sale Recording Date: Jan 05, 2018
  • Previous Sale Contract Date: Dec 13, 2017
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Deed

About Monticello




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Frequently Asked Questions

What neighborhood is 481 Broadway located in?
The 481 Broadway is a commercial located in the neighborhood of Thompson in Monticello, Monticello.
What is the average sales price for listings in 481 Broadway?
The average sales price for units in 481 Broadway is $495,000 currently.

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