NOT LISTED FOR SALE

114 1st Ave Kingston, NY 12401

Estimated Value: $395,000 - $400,000

4 Beds
3 Baths
2,147 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $264,000 $123 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,922/month

43 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Baseboard Heating
  • Kingston High School Rated A-

About This Home

As of July 2021

Lovely 2 family in convenient neighborhood, close to waterfront and all amenities. Lower apartment is owner occupied. Two finished rooms, walk in closet and bathroom in basement are not included in Square Footage. Many quality updates in 2019 and 2020. Upstairs unit recently updated. Hot tub is included in the sale. Seller is seeking more suitable housing. As of 12/15/2020 Upstairs unit will be rented for $1400 per month, utilities included.

Last Agent to Sell the Property

Lawrence McCauley

Keller Williams Realty HV Nort License #10301219317 Listed on: 01/11/2021

Keller Williams Realty HV Nort

Last Buyer's Agent

Patty Kowatch

Keller Williams Realty HV Nort License #10301201190

Keller Williams Realty HV Nort

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,237

Year Built

  • Built in 1918

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40 x 110
  • Corner Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

  • Kennedy K-4 Elementary School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • City Lot

Listing and Financial Details

  • The owner pays for repairs
  • Legal Lot and Block 31 / 4
  • Assessor Parcel Number 0800-056.027-0004-031.000-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Electric Expense $5,137
  • Insurance Expense $1,100
  • New Taxes Expense $6,617
  • Net Operating Income $24,663

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,237

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Year Built: 1918
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Road Surface Type: Asphalt
  • Co List Office Phone: 845-336-2633
  • MLS Status: Closed
  • Master Plan Zoning: RR-1
  • Location Tax and Legal:Tax Block: 4
  • General Property Information Lot Size Acres: 0.1
  • General Property Information Lot Size Dimensions: 40 x 110
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 6617.09
  • Income And Expenses Cap Rate: 9.0
  • Gross Scheduled Income: 33600.0
  • General Property Information Stories2: 2
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range, Microwave, Gas Water Heater, Dishwasher
  • Basement: Finished, Full, Interior Entry
  • Flooring: Varies
  • Stories: 2
  • Full Basement: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement Finished: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Aluminum Siding, Frame
  • Construction Materials:Frame: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Aluminum 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: 200+ Amp Service, Circuit Breakers
  • Heating: Baseboard, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: City Lot, Corner Lot
  • Lot Dimensions: 40 x 110
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 0800-056.027-0004-031.000-0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Repairs
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 5137.0
  • Insurance Expense: 1100.0
  • Net Operating Income: 24663.0

Tax Info

  • New Taxes Expense: 6617.09
  • Tax Block: 4
  • Tax Lot: 31

MLS Schools

  • Elementary School: Kennedy K-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Jul 6, 2021
Sold by
Davis Terry L
Bought by
Melbourne Anita
Seller's Agent
Lawrence McCauley
Keller Williams Realty HV Nort
Buyer's Agent
Patty Kowatch
Keller Williams Realty HV Nort
List Price
$274,900
Sold Price
$264,000
Premium/Discount to List
-$10,900
-3.97%
Current Estimated Value
$398,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,120
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Mar 4, 2010
Sold by
Forgione Christopher and Forgione Shannon
Bought by
Davis Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,547
Interest Rate
5.02%
Mortgage Type
VA

Purchase Details

Closed on
Jan 16, 2008
Sold by
Avelo Mortgage Llc
Bought by
Forgione Christopher and Forgione Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,300
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2006
Sold by
Christman Ilena M and Mercatante Alphonse
Bought by
Tunison Troy and Lappas Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,600
Interest Rate
9.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Melbourne Anita $274,000 Misc Company
Davis Terry L $165,000 None Available
Forgione Christopher $128,750 Fidelity Natl Title Ins Co
Tunison Troy $234,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Terry L $168,547
Previous Owner Forgione Christopher $122,300
Previous Owner Tunison Troy $210,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $264,000 0.0% $123 / Sq Ft
03/12/2021 03/12/21 Off Market $264,000 -- --
03/09/2021 03/09/21 For Sale $274,900 0.0% $128 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $274,900 -- $128 / 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 $9,237 $173,000 $21,000 $152,000
2023 $9,166 $173,000 $21,000 $152,000
2022 $7,202 $173,000 $21,000 $152,000
2021 $7,202 $140,000 $21,000 $119,000
2020 $5,011 $140,000 $21,000 $119,000
2019 $1,996 $140,000 $21,000 $119,000
2018 $4,766 $133,000 $20,000 $113,000
2017 $3,967 $133,000 $20,000 $113,000
2016 $3,656 $133,000 $20,000 $113,000
2015 -- $133,000 $20,000 $113,000
2014 -- $133,000 $20,000 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20210102

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.027-0004-031.000-0000