NOT LISTED FOR SALE

116 Pearl St Kingston, NY 12401

Estimated Value: $469,000 - $692,000

6 Beds
3 Baths
2,650 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2021

Last sale price $395,000 $149 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,442 / mo

152 Days on Market

Highlights

  • Deck
  • Ceramic Tile Flooring
  • Garage
  • No HOA
  • Baseboard Heating
  • Level Lot

About This Home

As of October 2021

Large newly renovated home in walking distance to uptown Kingston restaurants, shops and farmers market. Huge backyard with parking lot for 6+ cars plus divided two car garage. First floor was gutted and has a large mudroom, a modern bath with full laundry and a new washer/dryer, three bedrooms and an open kitchen with center island, walk-in pantry, new cabinets, quartz counters, and all new high end appliances. New laminate flooring throughout the entire house. Second floor has a large light-filled living room, a new kitchen with a big breakfast room, an updated bath and three more bedrooms. All utilities, including water and sewer, are separate and paid by tenants. Both water heaters are recent. Units are currently vacant, therefore rents are proforma and house is easy to show.

Last Agent to Sell the Property

Michael Crocitto

Win Morrison Realty License #40CR1053708 Listed on: 04/16/2021

Last Buyer's Agent

Jeannine Simmons

Corcoran Country Living License #30SI0915908

Corcoran Country Living

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • Garage
  • Driveway
  • Parking Lot
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceramic Tile Flooring
  • Unfinished Basement
  • Partial Basement
  • Scuttle Attic Hole

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • The owner pays for insurance, repairs, taxes
  • Legal Lot and Block 4 / 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $1,200
  • New Taxes Expense $7,111
  • Operating Expense $12,323
  • Net Operating Income $42,877

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Year Built: 1932
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.2
  • Co List Office Phone: 845-339-1144
  • MLS Status: Closed
  • Master Plan Zoning: R2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Kitchen Island
  • Basement: Partial, Unfinished
  • Fireplace: No
  • Flooring: Ceramic Tile, Other, See Remarks
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Rubber, Shingle
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Driveway, Off Street, Other, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Heating: Baseboard, Hot Water, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Kingston Consolidated

Lot Info

  • Lot Features: City Lot, Level
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Other, Repairs, Taxes
  • Tenant Pays: All Utilities, Electricity, Gas, Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1200.0
  • Net Operating Income: 42877.0

Tax Info

  • New Taxes Expense: 7111.0
  • Tax Block: 1
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Oct 15, 2021
Sold by
Sheridan Edward J and Sheridan Magdalena A
Bought by
Brown Ellen
Seller's Agent
Michael Crocitto
Win Morrison Realty
Buyer's Agent
Jeannine Simmons
Corcoran Country Living
List Price
$415,000
Sold Price
$395,000
Premium/Discount to List
-$20,000
-4.82%
Current Estimated Value
$606,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,893
Avg. Annual Appreciation
10.60%

Purchase Details

Listed on
Oct 15, 2017
Closed on
Mar 23, 2018
Sold by
Ferrari Greta and Ferrari Joseph
Bought by
Bera Marcin and Frejek Marta
Seller's Agent
Joan Roberts
Coldwell Banker Timberland
Buyer's Agent
Michael Crocitto
Win Morrison Realty
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.86%
Original Mortgage
$146,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2011
Sold by
Shapiro Judy and Spielman Judy
Bought by
Ferrari Greta and Ferrari Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Brown Ellen $395,000 None Available
Bera Marcin $195,000 --
Ferrari Greta $130,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Bera Marcin $146,000
Previous Owner Ferrari Greta $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $395,000 -4.8% $149 / Sq Ft
04/16/2021 04/16/21 For Sale $415,000 +112.8% $157 / Sq Ft
03/23/2018 03/23/18 Sold $195,000 0.0% $74 / Sq Ft View Prior Sale
10/19/2017 10/19/17 Pending -- -- --
10/15/2017 10/15/17 For Sale $195,000 -- $74 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

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
2025 $14,469 $265,000 $25,000 $240,000
2024 $14,826 $265,000 $25,000 $240,000
2023 $14,041 $265,000 $25,000 $240,000
2022 $11,162 $265,000 $25,000 $240,000
2021 $11,162 $217,000 $25,000 $192,000
2020 $7,234 $202,000 $25,000 $177,000
2019 $4,182 $202,000 $25,000 $177,000
2018 $6,696 $185,000 $24,000 $161,000
2017 $6,181 $168,000 $24,000 $144,000
2016 $6,158 $168,000 $24,000 $144,000
2015 -- $168,000 $24,000 $144,000
2014 -- $168,000 $24,000 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20211249

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.091-0001-004.000-0000

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