NOT LISTED FOR SALE

38 Clinton Ave Kingston, NY 12401

Estimated Value: $330,000 - $441,000

3 Beds
3 Baths
1,881 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $260,000 $138 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,454/month

200 Days on Market

Highlights

  • No HOA
  • Zoned Heating
  • 2-minute walk to Barmann Park
  • Kingston High School Rated A-
  • Baseboard Heating

About This Home

As of January 2023

Beautiful three family home in great Midtown location. Walking distance to the Uptown Stockade District, UPAC and all the great restaurants on Broadway. Building has one 2-bedroom unit upstairs, one single bedroom unit downstairs and one studio apartment downstairs as well. 3 to 4 parking spots in the back through a shared driveway is a big bonus in midtown. Great investment opportunity. Some of the improvements in the last 4 years are the kitchens, siding, boiler, roof, windows & front porch.

Last Agent to Sell the Property

Baris Demirel

Serhant LLC License #10401313751 Listed on: 05/13/2022

Serhant LLC

Last Buyer's Agent

Richard Vizzini

Corcoran Country Living License #10401265065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,038

Year Built

  • Built in 1890

Lot Details

  • 479 Sq Ft Lot
  • Lot Dimensions are 46.9x101.9

Parking

  • Shared Driveway

Home Design

  • Triplex

Kitchen

  • Range

Attic

  • Permanent Attic Stairs

Basement

  • Partial Basement
  • Dirt Floor

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • The owner pays for all utilities
  • Legal Lot and Block 35 / 5

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $2,050
  • Fuel Expense $6,300
  • Insurance Expense $2,284
  • New Taxes Expense $4,038
  • Net Operating Income $22,965

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,038

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • Property Sub-Type: Triplex
  • Lot Size Acres: 0.01
  • Co List Office Phone: 845-679-0006
  • MLS Status: Closed
  • Master Plan Zoning: R2
  • Location Tax and Legal:Tax Block: 5
  • General Property Information Lot Size Acres: 0.011
  • General Property Information Lot Size Dimensions: 46.9x101.9
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 4038.0
  • Income And Expenses Cap Rate: 8.0
  • Gross Scheduled Income: 39600.0
  • Income And Expenses Fuel Expense: 6300.0
  • Owner Pays:All Utilities: Yes
  • Location Tax and Legal:Tax Annual Amount: 4038.0
  • Appliances Refrigerators: Yes
  • Water Source:Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Dirt Floor, Partial
  • Basement:Partial: Yes
  • Appliances Range: Yes
  • Attic Features:Permanent Stairs: Yes
  • Basement:Dirt Floor: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Shared Driveway, Other
  • General Property Information:Garage YN: No
  • Parking Features:Other20: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Hot Water, Natural Gas, Radiant, Zoned
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes
  • Heating:Radiant: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 46.9x101.9
  • Lot Size Sq Ft: 479.16
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: All Utilities
  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 2050.0
  • Insurance Expense: 2284.0
  • Net Operating Income: 22965.0

Tax Info

  • New Taxes Expense: 4038.0
  • Tax Annual Amount: 4038.0
  • Tax Block: 5
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jan 17, 2023
Sold by
Pitcairn Kingston Llc
Bought by
38 Clinton Hc Llc
Seller's Agent
Baris Demirel
Serhant LLC
Buyer's Agent
Richard Vizzini
Corcoran Country Living
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%
Views
151
Current Estimated Value
$372,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,356
Avg. Annual Appreciation
13.79%
Original Mortgage
$233,550
Outstanding Balance
$225,938
Interest Rate
6.31%
Mortgage Type
Commercial
Estimated Equity
$146,418

Purchase Details

Closed on
Mar 23, 2020
Sold by
Arias Edwin
Bought by
Pitcairn Kingston Llc

Purchase Details

Closed on
Sep 18, 2007
Sold by
Mcgurn Thomas and Biro Janet
Bought by
Mcgurn Thomas and Mcgurn Paula Marks
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
38 Clinton Hc Llc $260,000 None Available
Pitcairn Kingston Llc $190,000 None Available
Mcgurn Thomas -- First Amer Title Ins Co Ny
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 38 Clinton Hc Llc $233,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2023 01/19/23 Sold $260,000 -7.1% $138 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $280,000 -5.1% $149 / Sq Ft
10/05/2022 10/05/22 For Sale $295,000 0.0% $157 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $295,000 +131.4% $157 / Sq Ft
09/06/2017 09/06/17 Sold $127,500 -1.2% $68 / Sq Ft View Prior Sale
06/19/2017 06/19/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $129,000 -- $69 / 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 $6,060 $113,500 $18,000 $95,500
2023 $6,014 $113,500 $18,000 $95,500
2022 $5,838 $113,500 $18,000 $95,500
2021 $5,838 $113,500 $18,000 $95,500
2020 $4,205 $113,500 $18,000 $95,500
2019 $2,350 $113,500 $18,000 $95,500
2018 $3,728 $103,000 $17,000 $86,000
2017 $3,790 $103,000 $17,000 $86,000
2016 $3,776 $103,000 $17,000 $86,000
2015 -- $103,000 $17,000 $86,000
2014 -- $103,000 $17,000 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20221333

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.108-0005-035.000-0000