NOT LISTED FOR SALE

103 Downs St Kingston, NY 12401

Estimated Value: $360,000 - $385,000

4 Beds
2 Baths
2,032 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 28, 2019

Last sale price $200,000 $98 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,587/month

176 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Kingston High School Rated A-
  • Fireplace in Basement
  • Partially Fenced Property

About This Home

As of January 2019

This centrally located, 2-family apartment features two spacious apartments each with two bedrooms, a living room with separate dining room and separate entrances. This is a pretty two-story building with many arts and crafts details, including built-in cabinet, pocket door, hardwood floors, and tin ceilings in both apartments. There have been many updates over the years, including a roof in the last ten years. You'll be getting stable long term tenants, currently on a month-to-month lease, with separate electric and hot water heaters. The second floor tenant has extra storage with a walk-up attic, while your first floor tenant has access to the full basement with washer/dryer hookups. The level backyard has potential for landscaping, and there is plenty of street parking in this residential neighborhood, plus a driveway for off-street parking. Your tenants will be happy to live here, and you'll be happy with the steady flow of income.

Last Agent to Sell the Property

Dorcinda Knauth

Weichert, REALTORS The Spiesma License #10401231684 Listed on: 08/02/2018

Weichert, REALTORS The Spiesma

Last Buyer's Agent

Lisa Cooper

Serhant LLC License #30CO0897536

Serhant LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,674

Year Built

  • Built in 1920

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 44x100
  • Partially Fenced Property
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Permanent Attic Stairs
  • Range
  • Washer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Chambers K-4 Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for gas, insurance, repairs, taxes, trash collection
  • Legal Lot and Block 17 / 5
  • Assessor Parcel Number 0800-048.333-0005-017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Fuel Expense $2,125
  • Insurance Expense $988
  • Supplies Expense $452
  • New Taxes Expense $4,180
  • Net Operating Income $13,531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,674

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Supplies Expense: 452.0
  • Co List Office Phone: 845-336-2633
  • MLS Status: Closed
  • Master Plan Zoning: R-2
  • Location Tax and Legal:Tax Block: 5
  • General Property Information Lot Size Acres: 0.1033
  • General Property Information Lot Size Dimensions: 44x100
  • Electric:Circuit Breakers: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Flooring:Hardwood: Yes
  • Income And Expenses New Taxes Expense: 4180.0
  • Income And Expenses Cap Rate: 11.0
  • Gross Scheduled Income: 23160.0
  • Income And Expenses Fuel Expense: 2125.0
  • Fencing:Partial2: Yes
  • General Property Information Stories2: 2
  • General Property Information Fireplace YN: No
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Fencing Fenced: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range, Gas Water Heater
  • Basement: Full, Unfinished
  • Fireplace: No
  • Flooring: Hardwood
  • Stories: 2
  • Full Basement: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Attic Features:Permanent Stairs: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Basement: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Wood Siding
  • Patio And Porch Features: None
  • Lot Features:Level: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: Level
  • Lot Dimensions: 44x100
  • Lot Size Sq Ft: 4499.75
  • ResoLotSizeUnits: Acres
  • Parcel Number: 0800-048.333-0005-017
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas, Insurance, Repairs, Taxes, Trash Collection, Other
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 988.0
  • Net Operating Income: 13531.0

Tax Info

  • New Taxes Expense: 4180.0
  • Tax Block: 5
  • Tax Lot: 17

MLS Schools

  • Elementary School: Chambers K-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2018
Closed on
Jan 28, 2019
Sold by
Ziegenfelder Dale T
Bought by
Sarandon Michael and Mason Andrea M
Seller's Agent
Dorcinda Knauth
Weichert, REALTORS The Spiesma
Buyer's Agent
Lisa Cooper
Serhant LLC
List Price
$209,000
Sold Price
$200,000
Premium/Discount to List
-$9,000
-4.31%
Current Estimated Value
$370,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,902
Avg. Annual Appreciation
10.80%
Original Mortgage
$160,000
Outstanding Balance
$142,069
Interest Rate
4.5%
Estimated Equity
$248,772
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sarandon Michael $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarandon Michael $160,000
Previous Owner Papinchak Holly E $13,107
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Sold $200,000 -4.3% $98 / Sq Ft
08/02/2018 08/02/18 For Sale $209,000 -- $103 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,674 $125,000 $18,000 $107,000
2023 $6,623 $125,000 $18,000 $107,000
2022 $6,430 $125,000 $18,000 $107,000
2021 $6,430 $125,000 $18,000 $107,000
2020 $4,634 $125,000 $18,000 $107,000
2019 $2,588 $125,000 $18,000 $107,000
2018 $4,090 $113,000 $17,000 $96,000
2017 $4,182 $113,000 $17,000 $96,000
2016 $4,142 $113,000 $17,000 $96,000
2015 -- $113,000 $17,000 $96,000
2014 -- $113,000 $17,000 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20183270

Hudson Valley Catskills Region Multiple List Service

APN: 0800-048.333-0005-017.000-0000