NOT LISTED FOR SALE

124 Garden St Poughkeepsie, NY 12601

Estimated Value: $281,000 - $406,000

3 Beds
3 Baths
2,685 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $122,969 $46 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $2,465/month

138 Days on Market

Highlights

  • City View
  • Porch
  • Fenced
  • Property is near public transit
  • Asbestos
  • Level Lot

About This Home

As of February 2016

Well maintained 2 family home in the heart of Poughkeepsie. If you are looking for a solid investment property in Poughkeepsie, look no further. This home features a 1st floor 3 bedroom and 2nd floor 2 bedroom apartment; both with separate utilities. There is off-street parking in the back for both units. Convenient location close to Metro-North, Marist, CIA and more. This is an excellent investment with a 11% cap rate. We have other great investment properties that can be bundled as a package deal. Hurry, this great deal won't last!,OwnerPays:Garbage/Trash,Taxes,Water,Fire Insurance,Maintenance,Sewer,ROOF:Asphalt Shingles,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,FLOORING:Wood,AboveGrade:2685,Heating:Gas,FOUNDATION:Stone

Last Agent to Sell the Property

Matthew Cave

Hudson Property Services, LLC License #10491204415 Listed on: 07/31/2015

Last Buyer's Agent

John Evans

360 Property Management License #10401252426

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,157

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Asbestos

Schools

  • Morse Young Magnet Elementary School
  • Poughkeepsie Middle School
  • Poughkeepsie High School

Additional Features

  • City Views
  • Basement Fills Entire Space Under The House
  • Porch
  • Property is near public transit
  • No Cooling

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 13130000616200621373070000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,157

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Full, Unfinished
  • Owner Pays: Insurance
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Asbestos
  • Fencing: Fenced
  • View: City
  • Patio and Porch Features: Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 1800

Schools

  • Middle School: Poughkeepsie Middle School

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 13130000616200621373070000
  • Zoning Description: R-4
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2

Tax Info

  • Tax Map Number: 13130000616200621373070000

MLS Schools

  • Elementary School: Morse Young Magnet School
  • High School: Poughkeepsie High School
  • Middle School District: Poughkeepsie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2015
Closed on
Feb 5, 2016
Sold by
Small World Properties Ll
Bought by
Evans John
Seller's Agent
Matthew Cave
Hudson Property Services, LLC
Buyer's Agent
John Evans
360 Property Management
List Price
$134,900
Sold Price
$122,969
Premium/Discount to List
-$11,931
-8.84%
Total Days on Market
138
Current Estimated Value
$347,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,644
Avg. Annual Appreciation
11.78%
Original Mortgage
$116,800
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2012
Sold by
Montage Properties Inc
Bought by
Small World Properties Ll

Purchase Details

Closed on
Nov 30, 2011
Sold by
Champion Properties Inc
Bought by
Montage Properties Inc

Purchase Details

Closed on
Sep 21, 2011
Sold by
Deutsche Bank Natl Trust
Bought by
Champion Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2010
Sold by
Mead Timothy
Bought by
Deutsche Bank National Tr

Purchase Details

Closed on
Mar 4, 2005
Sold by
Gsgc Llc
Bought by
Mead Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2003
Sold by
Shuluk Gregory
Bought by
Gsgc Llc

Purchase Details

Closed on
Feb 7, 2003
Sold by
Rankin Everard S
Bought by
Shuluk Gregory
Source: Public Records

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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
Evans John $122,969 --
Small World Properties Ll $117,500 --
Montage Properties Inc $85,000 --
Champion Properties Inc $67,500 --
Deutsche Bank National Tr $270,589 --
Mead Timothy J $270,000 Jacqueline Martin
Gsgc Llc -- --
Shuluk Gregory $162,000 Gerard J Pisanelli
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans John R $35,000
Open Evans John R $179,000
Closed Evans John $116,800
Previous Owner Champion Properties Inc $85,000
Previous Owner Champion Properties Inc $85,000
Previous Owner Mead Timothy J $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $122,969 -8.8% $46 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $134,900 -- $50 / Sq Ft
Source: OneKey® MLS

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
2023 $6,157 $239,800 $29,700 $210,100
2022 $4,942 $199,800 $27,000 $172,800
2021 $4,713 $158,600 $27,000 $131,600
2020 $4,607 $137,900 $27,000 $110,900
2019 $4,467 $125,400 $27,000 $98,400
2018 $4,098 $118,300 $27,000 $91,300
2017 $4,013 $116,000 $27,000 $89,000
2016 $4,645 $122,100 $27,000 $95,100
2015 -- $125,900 $27,000 $98,900
2014 -- $132,500 $27,000 $105,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYM342795

OneKey® MLS

APN: 131300-6162-62-137307-0000