Seller's Agent in 2016
Sean Zimmerman
Halter Associates Realty
(914) 388-2425
61 Total Sales
295-301 Main St Pine Hill, NY 12465
Estimated Value: $501,445
--
Bed
--
Bath
7,300
Sq Ft
$69/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Garden
- Woodstock Elementary School Rated A-
- No HOA
- Baseboard Heating
About This Home
As of May 2016Get in on the ground floor of the Renaissance of charming Pine Hill Village, at the base of 'Belleayre Mountain Ski Center' and the soon coming 'Belleayre Resort at Catskill Park'. This property includes 9 apartments and a 2000 sq ft multi-purpose space, formerly a restaurant, located across from the highly successful 'Zephyr Restaurant'. The expansive dining area features a wood burning fire place for romantic apres ski dining, wood floors and lots of light-- front deck for al fresco dining in the clean mountain air. Outdated kitchen has been decommissioned and will require some capital improvement. Gross rental income on the 9 apartments is 75K annually, restaurant is currently vacant and could be split into 2 spaces-- a small restaurant and a large retail space, yoga center, music venue, etc.
Last Agent to Sell the Property
Halter Associates Realty License #30ZI0941083 Listed on: 03/22/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,354
Year Built
- Built in 1940
Lot Details
- 0.5 Acre Lot
- Level Lot
- Garden
Home Design
- Frame Construction
- Metal Roof
Interior Spaces
- Fireplace Features Masonry
- Dining Room with Fireplace
- Range
Flooring
- Wood
- Carpet
- Ceramic Tile
Basement
- Basement Fills Entire Space Under The House
- Partial Basement
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
Schools
- Phoenicia K-3 Elementary School
Utilities
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Cable TV Available
Listing and Financial Details
- The owner pays for all utilities, electricity, insurance, oil, repairs, sewer, taxes, trash collection, water
- Legal Lot and Block 17 / 4
Community Details
Overview
- No Home Owners Association
- 10 Units
Building Details
- Electric Expense $5,349
- Fuel Expense $17,875
- Insurance Expense $5,070
- Supplies Expense $335
- New Taxes Expense $8,506
- Net Operating Income $37,419
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2015
Closed on
May 25, 2016
Sold by
Pine Hill Lodge Com Inc
Bought by
Tallman Seth
Seller's Agent
Sean Zimmerman
Halter Associates Realty
Buyer's Agent
Siobhan Scanlan
Win Morrison Realty-K
List Price
$400,000
Sold Price
$242,600
Premium/Discount to List
-$157,400
-39.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,845
Avg. Annual Appreciation
8.14%
Original Mortgage
$181,950
Outstanding Balance
$145,624
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$355,821
Purchase Details
Closed on
Oct 1, 1999
Sold by
Kerekes George A and Kerekes Janet L
Bought by
Landes Robert and Landes Isabelle
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tallman Seth | $242,600 | -- | |
| Tallman Seth | $242,600 | -- | |
| Tallman Seth | $242,600 | -- | |
| Landes Robert | $100,000 | -- | |
| Landes Robert | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tallman Seth | $181,950 | |
| Closed | Tallman Seth | $181,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/25/2016 05/25/16 | Sold | $242,600 | -39.4% | $33 / Sq Ft |
| 03/20/2016 03/20/16 | Pending | -- | -- | -- |
| 03/21/2015 03/21/15 | For Sale | $400,000 | -- | $55 / Sq Ft |
Source: Hudson Valley Catskills Region Multiple List Service
Tax History Compared to Growth
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 | $9,354 | $99,500 | $6,000 | $93,500 |
| 2023 | $9,538 | $99,500 | $6,000 | $93,500 |
| 2022 | $9,678 | $99,500 | $6,000 | $93,500 |
| 2021 | $9,678 | $99,500 | $6,000 | $93,500 |
| 2020 | $9,841 | $99,500 | $6,000 | $93,500 |
| 2019 | $8,527 | $99,500 | $6,000 | $93,500 |
| 2018 | $9,801 | $99,500 | $6,000 | $93,500 |
| 2017 | $9,460 | $95,000 | $6,000 | $89,000 |
| 2016 | $8,856 | $95,000 | $6,000 | $89,000 |
| 2015 | -- | $95,000 | $6,000 | $89,000 |
| 2014 | -- | $95,000 | $6,000 | $89,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Zimmerman
-
Siobhan Scanlan
Buyer's Agent in 2016
Siobhan Scanlan
Win Morrison Realty-K
(845) 399-1432
27 Total Sales
Map
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20150959
APN: 5000-004.046-0004-017.000-0000
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