See Home Value
Spring Valley 10977
79 S Madison Avenue
$740,000
House - Off Market

79 S Madison Avenue

Ramapo, NY 10977
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$715,504
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Calling out to investor builders or end users, to claim this super deal!! The value of the property is in the land as it is the R2 zoning! Build your dream home of up to 4,800 sq ft. Or investors, possible to build two townhouses, one in front and one in back, of 1,200 sq ft per floor. Property is currently rented out for $2,900 a month! Collect rent while you work on approvals THIS AMAZING OPPORTUNITY WON'T LAST!
Unit Size
-
Days on Market
102 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$917
HOA Dues
-
Year Built
1920
Last updated: 5 months ago (OneKey MLS #ONEH6224173)

Price History

Date / Event Date Event Price
May 2, 2023 Sold $740,000
Sold
Jan 22, 2023 In contract -
In contract
Jan 20, 2023 Listed by Exit Realty Venture $710,000
Listed by Exit Realty Venture
Jan 3, 2018 Sold to Samuel Neuschloss $380,000
Sold to Samuel Neuschloss

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,485
  • Building Area: 1,485
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,485
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : 79 SOUTH MADISON LLC
  • Previous Owner : NEUSCHLOSS SAMUEL
  • Owner Before Previous Owner: COLLINS DONNA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: East Ramapo Central School District (Spring Valley)
  • School Tax School District: SPRING VALLEY
  • Census Tract: 012404

Zoning

  • Zoning: 2

Geography

  • Account Number: 00295400000
  • District: 392605
  • Section: 57.62
  • Parcel: 392605 57.62-1-43
  • Block: 1
  • Lot: 43.000
  • Municipality: SPRING VALLEY
  • Latitude: 41.1049
  • Longitude: -74.0481

    Address

  • Full Address: 79 S Madison Ave
  • Address - House Number: 79
  • Street Direction: S
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Spring Valley
  • Carrier Code: C015
  • 4-Digit Zip Code: 5403
  • Zip Code: 10977

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,142
  • Tax Rate Code Area: 392602

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 661,299
  • High Value: 808,910
  • Low Value: 513,688

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,461,350
  • First Open Lien Mortgage Lender: NORTHEAST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: May 23, 2023
  • First Open Lien Mortgage Loan Amount: $1,461,350
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: May 23, 2053

    Market Valuation

  • Market Total Value: $35,600
  • Market Land Value: $10,900
  • Market Improvement Value: $24,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,600
  • Assessed Land Value: $10,900
  • Assessed Improvements Value: $24,700

    Sales

  • Current Sale Contract Date: May 02, 2023
  • Current Sale Recording Date: May 17, 2023
  • Current Sale Transaction ID: 11907595891
  • Current Sale Price: $740,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2023-00015373
  • Previous Sale Recording Date: Jan 03, 2018
  • Previous Sale Contract Date: Dec 27, 2017
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHEAST COMMUNITY BANK
  • First Mortgage Transaction Date: May 17, 2023
  • First Mortgage Loan Amount: $370,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: PLAZA HOME MORTGAGE BANK
  • Previous Mortgage Transaction Date: Jan 03, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$740,000 Jan 20, 2023
$740,000 May 2, 2023
$917/mo
House
3 Beds
3 Baths
-
$750,000 Apr 3, 2022
$750,000 May 13, 2022
$991/mo
House
3 Beds
2 Baths
-
$656,000 Jan 28, 2022
$656,000 May 18, 2022
$1,000/mo
House
4 Beds
2 Baths
-
$625,000 Jun 5, 2022
$625,000 Sep 20, 2022
$1,000/mo
House
4 Beds
3 Baths
-
$860,000 Jun 28, 2022
$860,000 Sep 7, 2022
$905/mo
House
6 Beds
3 Baths
-
$700,000 Aug 25, 2020
$700,000 Aug 31, 2020
$1,240/mo
House
3 Beds
1 Bath
-
$600,000 Aug 21, 2023
-
-
House
4 Beds
2 Baths
-
$720,000 Sep 11, 2023
-
$792/mo
Condo
3 Beds
2 Baths
-
$685,000 Oct 13, 2023
-
$500/mo
House
4 Beds
3 Baths
-
$749,900 Oct 22, 2023
-
$759/mo
House
4 Beds
2 Baths
-
$799,000 Aug 24, 2023
-
$1,007/mo
House
4 Beds
3 Baths
-
$770,000 Oct 22, 2023
-
$759/mo

About Spring Valley


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Frequently Asked Questions

When was property at 79 South Madison Avenue built and last sold?
The property at 79 South Madison Avenue was built in 1920 and last sold on May 2, 2023 for $740,000.
How much is this home worth?
The estimated value of the home located at 79 South Madison Avenue is $717,100.
What are some comparable homes to 79 South Madison Avenue?
There are currently no comparable homes to 79 South Madison Avenue.

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