NOT LISTED FOR SALE

1575 Albany Post Rd Wallkill, NY 12589

Estimated Value: $425,000 - $511,000

3 Beds
3 Baths
2,700 Sq Ft
$175/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $325,000 $120 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,260/month

159 Days on Market

Highlights

  • Water Access
  • Eat-In Kitchen
  • Wood Siding
  • Colonial Architecture
  • Baseboard Heating

About This Home

As of February 2022

HUGE PRICE REDUCTION! Large two family Farmhouse in beautiful Shawangunk. Main house is Unit 1. 2000 sf. EIK, huge Living Room with fireplace, hardwood floors, full bath and laundry hook up on main floor. Upstairs find 2 tremendous bedrooms (could potentially be 4) with another full bath. Finished walk out basement is Unit 2 with 1 bedroom and 1 bath. Approx 700 sf. Large garage for storage. Property is almost cut in half by Albany Post Rd. Lot across the street could make for a great garage, barn or maybe another rental unit (town approvals required; think cottage or tiny home!) This is a great investment property and could also work for Owner occupied with some money coming in from the rental unit to help with the mortgage!

Last Agent to Sell the Property

Liz Vasapolli

Howard Hanna Rand Realty Brokerage Phone: 845-294-3100 License #10401232700 Listed on: 07/21/2021

Howard Hanna Rand Realty

Last Buyer's Agent

Artur Galustyan

Century 21 Alliance Rlty Group License #10401296918

Century 21 Alliance Rlty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1870

Lot Details

  • 0.78 Acre Lot
  • No Common Walls
  • Sloped Lot

Home Design

  • 2,700 Sq Ft Home
  • Colonial Architecture
  • Farmhouse Style Home
  • Frame Construction
  • Wood Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Driveway

Schools

  • Ostrander Elementary School
  • John G Borden Middle School
  • Wallkill Senior High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Oil
  • Well
  • Septic Tank

Additional Features

  • Eat-In Kitchen
  • Water Access

Community Details

  • 2 Units
  • 1 Separate Electric Meter

Listing and Financial Details

  • Assessor Parcel Number 515200.100.003-0002-018.200/0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,000

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial, Farmhouse
  • Property SubType: Multi Family
  • Year Built: 1870
  • Attribution Contact: 845-294-3100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 3
  • Living Area: 2700
  • SquareFootage: 2700.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding, Wood Siding
  • Waterfront Features: Water Access

Garage/Parking

  • Total Parking Spaces: 6
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Baseboard
  • Sewer: Septic Tank
  • Water Source: Well
  • GarbageRemoval: Private
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: John G Borden Middle School

Lot Info

  • Lot Size Acres: 0.78
  • Lot Size Sq Ft: 33977
  • Lot Size Units: Acres
  • Lot Features: Sloped
  • Parcel Number: 515200.100.003-0002-018.200/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 1
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1

Tax Info

  • Tax Annual Amount: 9000
  • Tax Map Number: 515200.100.003-0002-018.200/0000

MLS Schools

  • Elementary School: Ostrander Elementary School
  • High School: Wallkill Senior High School
  • Middle School District: Wallkill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Feb 18, 2022
Sold by
Flood Robert and Flood Charlene
Bought by
Stout Eric and Stout Erica
Seller's Agent
Liz Vasapolli
Howard Hanna Rand Realty
Buyer's Agent
Artur Galustyan
Century 21 Alliance Rlty Group
List Price
$379,900
Sold Price
$325,000
Premium/Discount to List
-$54,900
-14.45%
Current Estimated Value
$467,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,726
Avg. Annual Appreciation
10.28%
Original Mortgage
$289,000
Outstanding Balance
$268,358
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,011

Purchase Details

Closed on
May 11, 2009
Sold by
Fischer Robert
Bought by
Flood Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stout Eric $340,000 None Available
Flood Robert $230,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stout Eric $289,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Sold $325,000 +4.8% $120 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
11/16/2021 11/16/21 Price Changed $309,999 -11.4% $115 / Sq Ft
10/31/2021 10/31/21 Price Changed $349,900 -2.8% $130 / Sq Ft
08/16/2021 08/16/21 Price Changed $359,900 -5.3% $133 / Sq Ft
07/23/2021 07/23/21 For Sale $379,900 -- $141 / 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 $9,706 $50,000 $8,000 $42,000
2023 $9,702 $50,000 $8,000 $42,000
2022 $9,051 $50,000 $8,000 $42,000
2021 $9,051 $50,000 $8,000 $42,000
2020 $8,952 $50,000 $8,000 $42,000
2019 $8,097 $50,000 $8,000 $42,000
2018 $8,765 $50,000 $8,000 $42,000
2017 $8,374 $50,000 $8,000 $42,000
2016 $8,092 $50,000 $8,000 $42,000
2015 -- $50,000 $8,000 $42,000
2014 -- $50,000 $8,000 $42,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6131576

OneKey® MLS

APN: 5200-100.003-0002-018.200-0000