NOT LISTED FOR SALE

1408 Main St Peekskill, NY 10566

Estimated Value: $438,000 - $580,556

5 Beds
2 Baths
1,520 Sq Ft
$339/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $452,000 $297 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,531/month

75 Days on Market

About This Home

As of January 2024

Discover this hidden gem a two-family house with two apartments. One unit with two bedrooms and the other unit features three bedrooms. Situated just steps away from convenient bus routes and the vibrant heart of Peekskill downtown, this property is a true diamond in the rough. Embrace the potential to transform this space into a haven of comfort and style, all while enjoying the convenience of urban living. Don't miss the chance to polish this rough gem and create your dream investment or family abode. Close to bus and major roadways. With a touch of tender loving care (TLC), this property has the potential of becoming a gem within the flourishing Peekskill Renaissance.

Last Agent to Sell the Property

Altagracia Grace Patalano

BHHS River Towns Real Estate Brokerage Phone: (914) 739-5300 License #30PA0969676 Listed on: 08/15/2023

BHHS River Towns Real Estate

Last Buyer's Agent

Michelle Ulutas

Coldwell Banker Realty License #40UL1153647

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,341

Year Built

  • Built in 1902

Lot Details

  • 0.25 Acre Lot
  • No Common Walls

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Peekskill Middle School
  • Peekskill High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 1200-033-006-00003-000-0012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,341

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1902
  • Attribution Contact: (914) 739-5300
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 1520
  • SquareFootage: 1520.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Electric, Oil, Forced Air
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 1

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Peekskill Middle School

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 11056
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1200-033-006-00003-000-0012
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, See Remarks

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 9341
  • Tax Map Number: 1200-033-006-00003-000-0012
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Peekskill High School
  • Middle School District: Peekskill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Jan 26, 2024
Sold by
Mad Real Properties Llc
Bought by
Kim Ronald Taesok and Tan Xi-Lou Alison
Seller's Agent
Altagracia Grace Patalano
BHHS River Towns Real Estate
Buyer's Agent
Michelle Ulutas
Coldwell Banker Realty
List Price
$445,000
Sold Price
$452,000
Premium/Discount to List
$7,000
1.57%
Views
108
Current Estimated Value
$515,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,519
Avg. Annual Appreciation
7.85%
Original Mortgage
$361,600
Outstanding Balance
$354,854
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$160,665

Purchase Details

Listed on
Aug 15, 2023
Closed on
Jan 24, 2024
Sold by
Cutney Charles A
Bought by
Charles A Cutney 2024 Revocable Living Trust and Cutney
Seller's Agent
Altagracia Grace Patalano
BHHS River Towns Real Estate
Buyer's Agent
Michelle Ulutas
Coldwell Banker Realty
List Price
$445,000
Sold Price
$452,000
Premium/Discount to List
$7,000
1.57%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,600
Outstanding Balance
$354,854
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$160,665

Purchase Details

Listed on
Aug 15, 2023
Closed on
Jan 18, 2024
Sold by
Demarsh Frank and Demarsh Patricia
Bought by
Keskin Sakir
Seller's Agent
Altagracia Grace Patalano
BHHS River Towns Real Estate
Buyer's Agent
Michelle Ulutas
Coldwell Banker Realty
List Price
$445,000
Sold Price
$452,000
Premium/Discount to List
$7,000
1.57%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,600
Outstanding Balance
$354,854
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$160,665

Purchase Details

Closed on
Aug 20, 2002
Sold by
Garofalo James
Bought by
Demarsh Frank and Demarsh Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.18%
Mortgage Type
Unknown
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
Kim Ronald Taesok $800,000 Cornerstone Land Abstract
Charles A Cutney 2024 Revocable Living Trust -- Washington Title
Keskin Sakir $452,000 Stewart Title
Demarsh Frank $265,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keskin Sakir $361,600
Previous Owner Demarsh Frank $238,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2024 01/18/24 Sold $452,000 +1.6% $297 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $445,000 -1.5% $293 / Sq Ft
08/22/2023 08/22/23 Off Market $452,000 -- --
08/15/2023 08/15/23 For Sale $445,000 -- $293 / 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
2024 $9,580 $7,700 $1,900 $5,800
2023 $9,426 $7,700 $1,900 $5,800
2022 $9,239 $7,700 $1,900 $5,800
2021 $9,046 $7,700 $1,900 $5,800
2020 $8,872 $7,700 $1,900 $5,800
2019 $8,563 $7,700 $1,900 $5,800
2018 $1,555 $7,700 $1,900 $5,800
2016 $8,070 $7,700 $1,900 $5,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6260949

OneKey® MLS

APN: 1200-033-006-00003-000-0012