NOT LISTED FOR SALE

144 Downs St Kingston, NY 12401

Estimated Value: $324,000 - $479,000

4 Beds
2 Baths
1,791 Sq Ft
$212/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $330,000 $184 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,774/month

58 Days on Market

Highlights

  • Finished Attic
  • No HOA
  • Garden
  • Kingston High School Rated A-
  • Community Playground
  • Landscaped

About This Home

As of March 2024

Centrally located 2-family home is about 1 mile from both Uptown Kingston and the Downtown waterfront. The home boasts two large apartments, each one has 2-bedrooms. The first-floor apartment is about 1,200 square feet with a new back deck, it also has use of the partially finished basement +/- 400 square feet (great for storage). The second-floor apartment (2-floor apartment) measuring about 1,700 square feet and is fully renovated and vacant, fair market rent +/- $1,900 a month. This unit also has a back stairwell leading to a new back deck. The home has a full basement, half is finished for great dry storage and the rest is a dry utility area with a washer and dryer hookup. The home is in very nice overall condition, the roof (+/-8 years old), siding, and windows look like they may have been replaced in the last +/- 10 years. There is a partial sprinkler system in the building, great not just for safety but for lower building insurance. See the associated docs for all additional info and the projected income and expenses sheet. Listing agent is the owner

Last Agent to Sell the Property

Greg Berardi

Berardi Realty License #10311209045 Listed on: 09/13/2023

Last Buyer's Agent

Megan Rios

Berardi Realty License #10401302335

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,137

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 29x126
  • Landscaped
  • Level Lot
  • Garden

Home Design

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

Interior Spaces

  • 2 Bathrooms
  • 2-Story Property
  • Carpet

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Attic

  • Permanent Attic Stairs
  • Finished Attic

Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Shared Driveway
  • Off-Street Parking

Location

  • City Lot

Schools

  • Chambers K-4 Elementary School

Utilities

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

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer, taxes, water
  • Legal Lot and Block 26.2 / 2

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Community Playground

Building Details

  • Insurance Expense $1,400
  • New Taxes Expense $5,136
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,137

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.08
  • Road Surface Type: Asphalt, Gravel
  • Co List Office Phone: 845-201-1111
  • MLS Status: Closed
  • Master Plan Zoning: R2
  • Location Tax and Legal:Tax Block: 2
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Lot Size Dimensions: 29x126
  • Flooring:Carpet: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 5136.0
  • Income And Expenses Cap Rate: 7.0
  • Gross Scheduled Income: 36000.0
  • Location Tax and Legal:Tax Annual Amount: 5137.0
  • General Property Information Stories2: 2
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Road Surface Type Gravel2: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Washer, Refrigerator, Range, Gas Water Heater, Dryer, Dishwasher
  • Basement: Finished, Full, Interior Entry
  • Flooring: Carpet
  • Stories: 2
  • Full Basement: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement Finished: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Attic Features:Permanent Stairs: Yes
  • Attic Features:Finished2: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Vinyl Siding
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Garden2: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Shared Driveway, Other, Off Street, Driveway
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Other20: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 100 Amp Service, 200+ Amp Service
  • Heating: Baseboard, Electric, Hot Water, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Junior High Dist: Kingston Consolidated

Lot Info

  • Lot Features: City Lot, Garden, Landscaped, Level
  • Lot Dimensions: 29x126
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1400.0
  • Net Operating Income: 27000.0

Tax Info

  • New Taxes Expense: 5136.0
  • Tax Annual Amount: 5137.0
  • Tax Block: 2
  • Tax Lot: 26.2

MLS Schools

  • Elementary School: Chambers K-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Mar 7, 2024
Sold by
Old Stockade Dev Llc
Bought by
Machthuis Llc
Seller's Agent
Greg Berardi
Berardi Realty
Buyer's Agent
Megan Rios
Berardi Realty
List Price
$369,900
Sold Price
$330,000
Premium/Discount to List
-$39,900
-10.79%
Views
68
Current Estimated Value
$379,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,150
Avg. Annual Appreciation
9.98%
Original Mortgage
$264,000
Outstanding Balance
$260,162
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$118,988
Source: Public Records

Range of Values:

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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
Machthuis Llc $330,000 None Available
Machthuis Llc $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machthuis Llc $264,000
Closed Machthuis Llc $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $330,000 0.0% $184 / Sq Ft
01/01/2024 01/01/24 Off Market $330,000 -- --
10/25/2023 10/25/23 Price Changed $349,900 -2.8% $195 / Sq Ft
10/19/2023 10/19/23 Price Changed $359,900 -2.7% $201 / Sq Ft
09/12/2023 09/12/23 For Sale $369,900 +164.2% $207 / Sq Ft
12/19/2017 12/19/17 Sold $140,000 -9.7% $78 / Sq Ft
11/24/2017 11/24/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $155,000 -- $87 / 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 $8,543 $160,000 $15,000 $145,000
2023 $7,683 $145,000 $15,000 $130,000
2022 $7,459 $145,000 $15,000 $130,000
2021 $7,459 $145,000 $15,000 $130,000
2020 $5,085 $145,000 $15,000 $130,000
2019 $3,002 $145,000 $15,000 $130,000
2018 $4,742 $131,000 $14,000 $117,000
2017 $5,148 $113,000 $14,000 $99,000
2016 $5,465 $113,000 $14,000 $99,000
2015 -- $113,000 $14,000 $99,000
2014 -- $113,000 $14,000 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20232637

Hudson Valley Catskills Region Multiple List Service

APN: 0800-048.334-0002-026.002-0000