NOT LISTED FOR SALE

16 Park Place Poughkeepsie, NY 12601

Estimated Value: $388,000 - $475,000

5 Beds
3 Baths
3,952 Sq Ft
$106/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $300,000 $76 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,869/month

99 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Heating Available
  • Balcony
  • Fenced
  • 3-minute walk to Mansion Square Park

About This Home

As of March 2022

Three family house on a corner lot in the City of Poughkeepsie. 2 front apartments have 3 bedroom with 1 bathroom, eat in kitchen. One unit has been totally renovated within the last year the other is vacant and needs some repairs. They both have electric heat and are on separate meters. The 3rd unit is in the back of the house with a nice private yard and porch, 2 bedrooms with 1 bathroom, 2 living rooms and eat in kitchen. Rent for the 2 front apartment is $1300.00 each with only hot water included and the back apartment has a long term tenant with rent at $1150.00 including heat and hot water. Roof is 10 years old. Electric service was updated this past year. Please call with any questions.,AboveGrade:3952,FLOORING:Wood,Below Grnd Sq Feet:1500,ROOF:Asphalt Shingles,EQUIPMENT:Smoke Detectors,Unfinished Square Feet:1500,FOUNDATION:Stone,Block,Concrete

Last Agent to Sell the Property

Patricia Hogan

BHHS Hudson Valley Properties License #10301200216 Listed on: 07/16/2021

Last Buyer's Agent

Carolyn Michelle

KW MidHudson License #10401333609

KW MidHudson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,074

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Aluminum Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Porch

Schools

  • Poughkeepsie Middle School
  • Poughkeepsie High School

Utilities

  • No Cooling
  • Heating Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 13130000616200713082160000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,074

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Full, Unfinished
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Aluminum Siding
  • Fencing: Fenced
  • Exterior Features: Balcony
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Poughkeepsie Middle School

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Level
  • Parcel Number: 13130000616200713082160000
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 5074
  • Tax Map Number: 13130000616200713082160000

MLS Schools

  • High School: Poughkeepsie High School
  • Middle School District: Poughkeepsie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2024
Sold by
Owens Derek G
Bought by
Bsd Equities Ny Llc
Current Estimated Value
$419,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,316,500
Outstanding Balance
$1,304,164
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$884,831

Purchase Details

Listed on
Jul 16, 2021
Closed on
Mar 9, 2022
Sold by
Eraca Gregory and Eraca Jennifer
Bought by
Owens Derek G
Seller's Agent
Patricia Hogan
BHHS Hudson Valley Properties
Buyer's Agent
Carolyn Michelle
KW MidHudson
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$170,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2001
Sold by
Paolilli Eric A
Bought by
Eraca Gregory
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bsd Equities Ny Llc $375,000 Misc Company
Owens Derek G $300,000 Misc Company
Owens Derek G $300,000 Misc Company
Eraca Gregory $121,000 Thomas Jacobellis
Eraca Gregory $121,000 Thomas Jacobellis
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bsd Equities Ny Llc $1,316,500
Previous Owner Owens Derek G $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2022 03/09/22 Sold $300,000 -7.7% $76 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $325,000 -- $82 / Sq Ft
Source: OneKey® MLS

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 $7,713 $315,000 $27,000 $288,000
2023 $7,483 $300,000 $27,000 $273,000
2022 $5,976 $233,500 $27,000 $206,500
2021 $5,881 $197,900 $27,000 $170,900
2020 $8,381 $164,900 $27,000 $137,900
2019 $8,213 $149,900 $27,000 $122,900
2018 $7,569 $149,900 $27,000 $122,900
2017 $7,560 $142,800 $27,000 $115,800
2016 $4,795 $142,800 $27,000 $115,800
2015 -- $142,800 $27,000 $115,800
2014 -- $148,800 $27,000 $121,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYM402215

OneKey® MLS

APN: 131300-6162-71-308216-0000