NOT LISTED FOR SALE

17 Thompson St Poughkeepsie, NY 12601

Estimated Value: $323,000 - $429,000

6 Beds
2 Baths
2,364 Sq Ft
$154/Sq Ft Est. Value

Last Sold March 21, 2016

Last sale price $70,000 $30 Per Sq Ft

Est. 421% increase in value since last sale

Current estimated payment $2,320/month

59 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Level Lot
  • Property is near public transit
  • Park
  • 3-minute walk to Mansion Square Park

About This Home

As of March 2016

In the historical district of Poughkeepsie, sits this 2 family property with tons of investor appeal. It features two spacious 3 bedroom 1 bath units, a detached garage, with updated electrical, furnace, and hot water heaters. With a little TLC this property can bring a nice CAP rate for any investor. *****THIS IS A SHORTSALE WITH ONE BANK*****

Last Agent to Sell the Property

Rachel Lindley

KFortuna All Aspects Realty Brokerage Phone: 845-928-8000 License #10301213117 Listed on: 10/19/2015

Last Buyer's Agent

Laura Marotta

Houlihan Lawrence Inc. License #40MA1169896

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,364 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Poughkeepsie Middle School
  • Poughkeepsie High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 131300-6162-70-249138-0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story, Colonial
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 845-928-8000
  • Village: None
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Living Area: 2364
  • SquareFootage: 2364.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway, Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Poughkeepsie Middle School

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 0.1000
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 131300-6162-70-249138-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4300
  • Tax Map Number: 131300-6162-70-249138-0000
  • IncludedInTaxes: Sewer,Trash

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Mar 21, 2016
Sold by
Morris Bentley
Bought by
11 Fairview Llc
Seller's Agent
Rachel Lindley
KFortuna All Aspects Realty
Buyer's Agent
Laura Marotta
Houlihan Lawrence Inc.
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%
Total Days on Market
59
Current Estimated Value
$364,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,479
Avg. Annual Appreciation
19.10%

Purchase Details

Closed on
Apr 30, 1999

Purchase Details

Closed on
Sep 15, 1998

Purchase Details

Closed on
Dec 17, 1997
Sold by
May Eddie
Bought by
National Bank Bank Of America Successor By C
Source: Public Records

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Range of Values:

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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
11 Fairview Llc $70,000 --
-- $50,000 --
-- -- --
National Bank Bank Of America Successor By C $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Bentley G $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2016 03/21/16 Sold $70,000 +0.1% $30 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $69,900 -- $30 / 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
2023 $4,622 $185,300 $29,700 $155,600
2022 $3,899 $154,400 $27,000 $127,400
2021 $3,792 $127,600 $27,000 $100,600
2020 $3,252 $106,300 $27,000 $79,300
2019 $3,017 $88,600 $27,000 $61,600
2018 $2,884 $83,600 $27,000 $56,600
2017 $3,076 $83,600 $27,000 $56,600
2016 $3,134 $87,100 $27,000 $60,100
2015 -- $89,800 $27,000 $62,800
2014 -- $93,500 $27,000 $66,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4547179

OneKey® MLS

APN: 131300-6162-70-249138-0000