NOT LISTED FOR SALE
6 Beds
4 Baths
3,465 Sq Ft
4 Acre Lot

Sale Details

Date Sold: February 4, 2016

Last sale price $191,854 $55 Per Sq Ft

67 Days on Market

Highlights

  • 4 Acre Lot
  • No HOA
  • 2 Car Garage
  • Farmhouse Style Home
  • Garden
  • Heating System Uses Oil

About This Home

As of February 2016

Currently used as a 4 family apartment building, this three story, 19th century home is set on four quiet acres located minutes from historic Stone Ridge and High Falls, NY. Originally a working farm replete with cows, horses, smoke house, chickens and hay barn it was transformed into a country lodge/boarding home at the turn of the century. A proven money maker this is suited to remain apartments but would be a showcase of a home if converted to a single family farmhouse. At one point it was called Mt. View Lodge since the Mohonk Mountains were visible from the grounds. More recently named the Echoes, this was due to an echo that can be clearly heard from a certain location on the property. A modern barn with two horse stalls currently used as garage and a fenced in pasture are also conveniently located on the property.This bucolic setting also boasts deer, wild turkey and a delightful array of other wildlife. The beautiful Catskill "Rail Trail" borders the property for outdoor entertainment with the trail head being right around the corner though you could cut a path from your yard.For the gardener there is plenty of room to cultivate vegetables, fruits and berries, and black walnut and maple trees grace the yard. UCCC is located one mile away in Stone Ridge and a short 20 minute drive to the south is SUNY New Paltz. Expansion possibilities await on the third floor which is still comprised of bedrooms from when the home operated as a boarding house.

Last Agent to Sell the Property

Melanie Hogan

Habitat Real Estate Group Listed on: 10/10/2015

Last Buyer's Agent

Melanie Hogan

Habitat Real Estate Group License #40HO0866130

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 4 Acre Lot
  • Garden

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Farmhouse Style Home
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Permanent Attic Stairs
  • Range

Schools

  • Marbletown K-3 Elementary School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • The owner pays for insurance, taxes, trash collection
  • Legal Lot and Block 110 / 27

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $1,397
  • Fuel Expense $1,397
  • Insurance Expense $1,765
  • Manager Expense $2,102
  • New Taxes Expense $7,628
  • Net Operating Income $20,703

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

4 Acres

Parking

2

Listing Details

  • Year Built: 1880
  • Property Sub-Type: Quadruplex
  • Lot Size Acres: 4.0
  • Co List Office Phone: 845-687-7954
  • MLS Status: Closed
  • Architectural Style: Farmhouse
  • Master Plan Zoning: R1
  • Location Tax and Legal:Tax Block: 27
  • General Property Information Lot Size Acres: 4.0
  • General Property Information Lot Size Dimensions: 4 Acres
  • Income And Expenses New Taxes Expense: 7628.0
  • Income And Expenses Cap Rate: 7.0
  • Gross Scheduled Income: 35640.0
  • Income And Expenses Fuel Expense: 1397.0
  • Manager Expense: 2102.0
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Architectural Style Farm House: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range
  • Fireplace: Yes
  • Flooring: Varies
  • Appliances Range: Yes
  • Fireplace Features:Living Room: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame
  • Construction Materials:Frame: Yes
  • Lot Features:Garden2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Oil, Propane
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Oil: Yes
  • Heating:Propane2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 648.0

Lot Info

  • Lot Features: Garden
  • Lot Dimensions: 4 Acres
  • Lot Size Sq Ft: 174240.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Taxes, Trash Collection
  • Tenant Pays: Gas, Oil

Multi Family

  • Electric Expense: 1397.0
  • Insurance Expense: 1765.0
  • Resident Manager Expense: 2102.0
  • Net Operating Income: 20703.0

Tax Info

  • New Taxes Expense: 7628.0
  • Tax Block: 27
  • Tax Lot: 110

MLS Schools

  • Elementary School: Marbletown K-3

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$133,658
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 10, 2015
Closed on
Feb 4, 2016
Sold by
Bought by
Seller's Agent
Melanie Hogan
Habitat Real Estate Group
Buyer's Agent
Melanie Hogan
Habitat Real Estate Group
List Price
$248,800
Sold Price
$191,854
Premium/Discount to List
-$56,946
-22.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$350,000 Misc Company
$193,354 --
-- --
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
Open $150,000
Previous Owner $65,000
Previous Owner $153,600
Previous Owner $20,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
02/04/2016 02/04/16 Sold $191,854 -22.9% $55 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $248,800 0.0% $72 / Sq Ft
07/01/2014 07/01/14 Rented $695 0.0% --
06/08/2014 06/08/14 Under Contract -- -- --
04/24/2014 04/24/14 For Rent $695 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Tax 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.

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 $6,449 $230,000 $65,000 $165,000
2024 $6,434 $230,000 $65,000 $165,000
2023 $6,329 $230,000 $65,000 $165,000
2022 $6,014 $230,000 $65,000 $165,000
2021 $6,014 $230,000 $65,000 $165,000
2020 $5,867 $230,000 $65,000 $165,000
2019 $6,559 $230,000 $65,000 $165,000
2018 $5,945 $230,000 $65,000 $165,000
2017 $5,983 $230,000 $66,100 $163,900
2016 $6,128 $230,000 $66,100 $163,900
2015 -- $280,000 $66,100 $213,900
2014 -- $280,000 $66,100 $213,900
Source: Public Records

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20154916

Hudson Valley Catskills Region Multiple List Service
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