M
Seller's Agent in 2024
Mike Rios
Gene Rios Realty LLC
(845) 532-4099
10 in this area
37 Total Sales
140 Smith Ave Kingston, NY 12401
Estimated Value: $380,004 - $547,000
6
Beds
2
Baths
2,682
Sq Ft
$173/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Finished Attic
- Eat-In Kitchen
- Wood Flooring
- No HOA
- Window Unit Cooling System
About This Home
As of January 2024Great investment opportunity in Midtown Kingston. Large two unit multi-family. First floor unit consists of 3 bedrooms, 1 bath, and a large finished basement with its own separate entrance. The second floor unit consists of 4 bedrooms (two off the main living area with another two off an upper level), 2 full baths, an updated kitchen, and bathroom with washer (dryer in basement). The first floor unit is below market rent. All utilities are separate. There is also off street parking and a large garage for additional parking or storage. Please inquire for financials which reflect 5% vacancy loss, 3% repair and maintenance. All tenants are M2M.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,261
Year Built
- Built in 1915
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 40x100
Parking
- 1 Car Garage
- Driveway
- Off-Street Parking
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
Flooring
- Wood
- Carpet
- Ceramic Tile
Attic
- Permanent Attic Stairs
- Finished Attic
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Location
- Property is near public transit
- City Lot
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
Listing and Financial Details
- The owner pays for insurance, sewer, taxes, water
- Legal Lot and Block 13 / 6
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Insurance Expense $2,000
- New Taxes Expense $5,261
- Net Operating Income $35,659
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2023
Closed on
Jan 12, 2024
Sold by
Coraizaca Florencio and Coraizaca Maria I
Bought by
140 Smith Av Llc
Seller's Agent
Mike Rios
Gene Rios Realty LLC
Buyer's Agent
Gene Rios
Gene Rios Realty LLC
List Price
$389,900
Sold Price
$440,000
Premium/Discount to List
$50,100
12.85%
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,593
Avg. Annual Appreciation
2.60%
Original Mortgage
$350,600
Outstanding Balance
$343,379
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$119,872
Purchase Details
Closed on
Jan 17, 2007
Sold by
Coraizaca Florencio
Bought by
Coraizaca Florencio and Coraizaca Maria I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,800
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 23, 2004
Sold by
Niles John and Niles Antoinette
Bought by
Coraizaca Florencio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,049
Interest Rate
5.8%
Mortgage Type
Stand Alone Second
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 140 Smith Av Llc | $438,600 | First American Title | |
| 140 Smith Av Llc | $438,600 | First American Title | |
| 140 Smith Av Llc | $438,600 | First American Title | |
| Coraizaca Florencio | -- | Blackacre Title Agency | |
| Coraizaca Florencio | -- | Blackacre Title Agency | |
| Coraizaca Florencio | -- | Blackacre Title Agency | |
| Coraizaca Florencio | $226,996 | -- | |
| Coraizaca Florencio | $226,996 | -- | |
| Coraizaca Florencio | $226,996 | -- | |
| Coraizaca Florencio | $226,996 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 140 Smith Av Llc | $350,600 | |
| Closed | 140 Smith Av Llc | $350,600 | |
| Previous Owner | Coraizaca Florencio | $35,800 | |
| Previous Owner | Coraizaca Florencio | $191,200 | |
| Previous Owner | Coraizaca Florencio | $34,049 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2024 01/22/24 | Sold | $440,000 | +12.8% | $164 / Sq Ft |
| 08/24/2023 08/24/23 | Pending | -- | -- | -- |
| 08/16/2023 08/16/23 | For Sale | $389,900 | -- | $145 / 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 |
|---|---|---|---|---|
| 2024 | $9,791 | $175,000 | $16,000 | $159,000 |
| 2023 | $7,868 | $148,500 | $16,000 | $132,500 |
| 2022 | $7,639 | $148,500 | $16,000 | $132,500 |
| 2021 | $7,639 | $148,500 | $16,000 | $132,500 |
| 2020 | $5,208 | $148,500 | $16,000 | $132,500 |
| 2019 | $3,074 | $148,500 | $16,000 | $132,500 |
| 2018 | $4,850 | $134,000 | $15,000 | $119,000 |
| 2017 | $4,930 | $134,000 | $15,000 | $119,000 |
| 2016 | $4,912 | $134,000 | $15,000 | $119,000 |
| 2015 | -- | $134,000 | $15,000 | $119,000 |
| 2014 | -- | $134,000 | $15,000 | $119,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Rios
-
Gene Rios
Buyer's Agent in 2024
Gene Rios
Gene Rios Realty LLC
(845) 532-4099
1 in this area
7 Total Sales
Map
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20232342
APN: 0800-048.334-0006-013.000-0000
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