NOT LISTED FOR SALE

2 Theodore Place Saugerties, NY 12477

Estimated Value: $380,000 - $401,000

5 Beds
3 Baths
1,680 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $290,000 $173 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,632/month

29 Days on Market

Highlights

  • Mountain View
  • Eat-In Kitchen
  • Forced Air Heating System
  • No HOA
  • Storm Windows
  • 4-minute walk to Tina Chorvas Waterfront Park

About This Home

As of December 2021

Circa 1847, located in the Historic District, lovely, well maintained 3 family home in the Village of Saugerties. Walk to shops and restaurants. Enjoy mountain views from the back porch. Back yard fully fenced in. Partial basement and 2 crawl spaces for storage with spray foam insulation. Current rent is $900 for 2 bedroom with month to month lease. When fully occupied the net income was approximately $25,000 per year. Rent is low due to tenants helping with maintenance. Additional parking across the street.

Last Agent to Sell the Property

Julie Dunn

Grist Mill Real Estate License #10401204741 Listed on: 07/13/2021

Last Buyer's Agent

Yvonne Winnie

Grist Mill Real Estate License #10401313929

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,520

Year Built

  • Built in 1847

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 60 x 69
  • Fenced
  • Level Lot

Home Design

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

Interior Spaces

  • 3 Bathrooms
  • 2-Story Property
  • Carpet
  • Mountain Views
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Cahill K-6 Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for taxes, trash collection
  • Legal Lot and Block 3.100 / 6

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $800
  • New Taxes Expense $5,367
  • Net Operating Income $4,153

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,520

Year Built

Built in 1847

Lot Details

0

Listing Details

  • Year Built: 1847
  • Property Sub-Type: Triplex
  • Lot Size Acres: 0.06
  • Road Surface Type: Asphalt
  • View Type:Pond View: Mountain(s), Other
  • Co List Office Phone: 845-338-5299
  • MLS Status: Closed
  • Master Plan Zoning: 230
  • Location Tax and Legal:Tax Block: 6
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Dimensions: 60 x 69
  • Flooring:Carpet: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 5367.0
  • Gross Scheduled Income: 10800.0
  • General Property Information Stories2: 2
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • View:Mountain(s): Yes
  • Fencing Fenced: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Utilities:Cable Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range Hood, Range, Gas Water Heater, Electric Water Heater
  • Interior Amenities: Eat-in Kitchen
  • Basement: Partial
  • Flooring: Carpet
  • Stories: 2
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Partial: Yes
  • Appliances Range: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Vinyl Siding
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Other, See Remarks
  • General Property Information:Garage YN: No
  • Parking Features:Other20: Yes
  • Parking Features:See Remarks13: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 100 Amp Service
  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 480.0

Schools

  • Junior High Dist: Saugerties Central Schools

Lot Info

  • Lot Features: Level
  • Lot Dimensions: 60 x 69
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Taxes, Trash Collection
  • Tenant Pays: All Utilities

Multi Family

  • Insurance Expense: 800.0
  • Net Operating Income: 4153.0

Tax Info

  • New Taxes Expense: 5367.0
  • Tax Block: 6
  • Tax Lot: 3.100

MLS Schools

  • Elementary School: Cahill K-6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Dec 9, 2021
Sold by
Bisignano Joseph A and Bisignano Landa H
Bought by
2 Theodore Llc
Seller's Agent
Julie Dunn
Grist Mill Real Estate
Buyer's Agent
Yvonne Winnie
Grist Mill Real Estate
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Current Estimated Value
$392,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,207
Avg. Annual Appreciation
8.36%
Original Mortgage
$217,500
Outstanding Balance
$200,888
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,319
Source: Public Records

Range of Values:

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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
2 Theodore Llc $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2 Theodore Llc $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold $290,000 -3.3% $173 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $299,900 -- $179 / 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 $6,520 $277,500 $63,000 $214,500
2023 $5,985 $243,000 $63,000 $180,000
2022 $5,481 $202,500 $63,000 $139,500
2021 $5,451 $171,000 $57,000 $114,000
2020 $5,361 $154,000 $51,000 $103,000
2019 $5,339 $154,000 $51,000 $103,000
2018 $5,230 $149,500 $51,000 $98,500
2017 $5,335 $149,500 $51,000 $98,500
2016 $4,411 $149,500 $51,000 $98,500
2015 -- $149,500 $49,000 $100,500
2014 -- $149,500 $49,000 $100,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20212603

Hudson Valley Catskills Region Multiple List Service

APN: 4801-018.070-0006-003.100-0000