NOT LISTED FOR SALE

259 Washington Ave Kingston, NY 12401

Estimated Value: $524,000 - $679,000

6 Beds
4 Baths
2,488 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $575,000 $231 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,297/month

32 Days on Market

Highlights

  • Additional Residence on Property
  • Wood Flooring
  • Patio
  • Kingston High School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2023

Calling all financially savvy buyers! This classic Uptown Kingston duplex features large side-by-side 2-story apartments, each more than 1,200 square feet in size and each with its own exterior entrances, porches, heating systems, utility meters, basements and attics. Each apartment features a spacious living room, formal dining room and sunny kitchen, plus a separate den and utility room, on the main level, with 3 big bedrooms, charming balcony spaces and a full bathroom upstairs. (One of the apartments also has a half-bath downstairs.) Original architectural features include stained glass, tall ceilings and working pocket doors. In addition, the fenced property features a driveway with ample off-street parking separating the main building and a major bonus: a standalone 2-story 2-car garage building with a full bathroom and finished room on the ground level, plus an unfinished 800+ square foot living space upstairs, with framing, electric and plumbing already roughed in, and skylights installed, for a 1-bedroom, 1-bathroom apartment with open kitchen and dramatic cathedral ceilings. The 2 existing units and the potential garage apartment are each separately metered for gas and electric and already feature natural-gas heating units. With Kingston’s anticipated move this year to a "form-based" zoning code, complete with incentives for property owners to create new accessory-dwelling units (ADUs) for tenants, this property, minutes by foot from the Kingston Stockade district, presents the perfect opportunity to live graciously and spaciously in one of the Hudson Valley’s hottest neighborhoods, while potentially covering your costs with income from 2 other units.

Last Agent to Sell the Property

Hayes Clement

Compass Greater New York, LLC License #10301218653 Listed on: 04/24/2023

Compass Greater New York, LLC

Last Buyer's Agent

Leanna Click

Past Member License #10401362975

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,131

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

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

Flooring

  • Wood
  • Carpet

Attic

  • Permanent Attic Stairs

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Range
  • 4 Bathrooms
  • Basement Fills Entire Space Under The House
  • Patio
  • Additional Residence on Property
  • City Lot

Listing and Financial Details

  • The owner pays for sewer, taxes, water
  • Legal Lot and Block 18 / 6

Community Details

Overview

  • No Home Owners Association

Building Details

  • New Taxes Expense $8,131
  • Net Operating Income $21,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,131

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.17
  • Road Surface Type: Asphalt
  • Co List Office Phone: 845-340-1920
  • MLS Status: Closed
  • Location Tax and Legal:Tax Block: 6
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Dimensions: .17 acre
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Flooring:Hardwood: Yes
  • Other Structures Second Residence: Yes
  • Income And Expenses New Taxes Expense: 8131.0
  • Gross Scheduled Income: 34800.0
  • Other Structures:Guest House: Yes
  • Location Tax and Legal:Tax Annual Amount: 8131.0
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Fencing Fenced: Yes
  • Structure Type Duplex: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Gas Water Heater
  • Basement: Full, Unfinished
  • Flooring: Carpet, Hardwood
  • Full Basement: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Attic Features:Permanent Stairs: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Vinyl Siding
  • Other Structures: Guest House, Second Residence
  • Patio And Porch Features: Patio
  • Construction Materials:Frame: Yes
  • Lot Features:City Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Off Street, Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Junior High Dist: Kingston Consolidated

Lot Info

  • Lot Features: City Lot
  • Lot Dimensions: .17 acre
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Taxes, Water
  • Tenant Pays: All Utilities, Electricity, Gas

Multi Family

  • Net Operating Income: 21800.0

Tax Info

  • New Taxes Expense: 8131.0
  • Tax Annual Amount: 8131.0
  • Tax Block: 6
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jul 17, 2023
Sold by
Stedge Barbara J
Bought by
Collins Mgmt Services Llc
Seller's Agent
Hayes Clement
Compass Greater New York, LLC
Buyer's Agent
Leanna Click
Past Member
List Price
$549,000
Sold Price
$575,000
Premium/Discount to List
$26,000
4.74%
Current Estimated Value
$601,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,275
Avg. Annual Appreciation
4.61%
Original Mortgage
$431,250
Outstanding Balance
$422,905
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$208,634

Purchase Details

Closed on
Apr 14, 2016
Sold by
Stedge Robert S Est and Stedge-Outwater Ex
Bought by
Stedge Barbara J
Source: Public Records

Range of Values:

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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
Collins Mgmt Services Llc $575,000 None Available
Stedge Barbara J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Mgmt Services Llc $431,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $575,000 +4.7% $231 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $549,000 -- $221 / 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 $12,253 $229,500 $30,000 $199,500
2023 $12,160 $229,500 $30,000 $199,500
2022 $11,805 $229,500 $30,000 $199,500
2021 $11,805 $229,500 $30,000 $199,500
2020 $8,048 $229,500 $30,000 $199,500
2019 $4,751 $229,500 $30,000 $199,500
2018 $7,529 $208,000 $29,000 $179,000
2017 $7,431 $202,000 $29,000 $173,000
2016 $7,404 $202,000 $29,000 $173,000
2015 -- $198,000 $29,000 $169,000
2014 -- $198,000 $29,000 $169,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20230978

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.090-0006-018.000-0000