NOT LISTED FOR SALE

44 Marshall St Poughkeepsie, NY 12601

Estimated Value: $492,275 - $517,000

8 Beds
3 Baths
3,120 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $407,000 $130 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,607/month

36 Days on Market

Highlights

  • Property is near public transit
  • Victorian Architecture
  • 1 Car Detached Garage
  • Main Floor Primary Bedroom
  • Balcony
  • Eat-In Kitchen

About This Home

As of July 2022

Great Investment 3 unit multi-family property with off the street parking, as well as, a detached garage in the heart of the city of Poughkeepsie. Minutes from the Poughkeepsie Train station, Marist College, Dutchess Community College, the Culinary Institute of America, and the Walkway over the Hudson. Fully occupied (photos are from before tenants moved in)

Last Agent to Sell the Property

John Hutchinson

K. Fortuna Realty, Inc. License #10401326931 Listed on: 04/19/2022

K. Fortuna Realty, Inc.

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,293

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Victorian Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3,120 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Schools

  • Morse Young Magnet Elementary School
  • Poughkeepsie Middle School
  • Poughkeepsie High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 131300-6162-61-081283-0000

Community Details

Recreation

  • Park

Additional Features

  • 3 Units
  • 4 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,293

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Victorian
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 845-632-3492
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 8
  • Living Area: 3120.00
  • Square Footage: 3120.00

Exterior Features

  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Balcony

Garage/Parking

  • Total Parking Spaces: 6.00
  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Assigned, Off Street, Private

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Electric, Oil, Hot Water
  • Hot Water: Electric Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Poughkeepsie Middle School

Lot Info

  • Lot Size Acres: 0.1200
  • Lot Size Sq Ft: 5227.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 131300-6162-61-081283-0000
  • Property Attached: No

Rental Info

  • Hold Start Date: 2022-04-30
  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2022-07-06
  • Tax Annual Amount: 5293.00
  • Tax Map Number: 131300-6162-61-081283-0000

Multi Family

  • Units Total: 3
  • Three Bedrooms: 2
  • Separate Electric Meters: 4

MLS Schools

  • Elementary School: Morse Young Magnet School
  • High School: Poughkeepsie High School
  • Middle School District: Poughkeepsie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jul 6, 2022
Sold by
Ferretti Steven
Bought by
Cgn Management Llc
Seller's Agent
John Hutchinson
K. Fortuna Realty, Inc.
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$395,000
Sold Price
$407,000
Premium/Discount to List
$12,000
3.04%
Current Estimated Value
$509,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,569
Avg. Annual Appreciation
6.57%
Original Mortgage
$291,750
Outstanding Balance
$277,591
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,978

Purchase Details

Closed on
Aug 12, 2009
Sold by
Federal National Mtg Asso
Bought by
Ferretti Steven

Purchase Details

Closed on
May 27, 2009
Sold by
Elswick Kari
Bought by
Federal National Mtg Asso

Purchase Details

Closed on
Jul 11, 2003
Sold by
Dolfinger Jeffrey
Bought by
Elswick Kari

Purchase Details

Closed on
Jul 20, 2000
Sold by
Spadaro Michael S
Bought by
Dolfinger E Jeffrey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cgn Management Llc $407,000 Westcore Title
Ferretti Steven $60,000 --
Federal National Mtg Asso $117,308 --
Elswick Kari -- --
Dolfinger E Jeffrey $105,000 Kevin P Barry
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cgn Management Llc $291,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2022 07/06/22 Sold $407,000 0.0% $130 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
04/30/2022 04/30/22 Off Market $407,000 -- --
04/19/2022 04/19/22 For Sale $395,000 -- $127 / 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
2024 $11,321 $447,700 $29,700 $418,000
2023 $10,152 $407,000 $29,700 $377,300
2019 $4,488 $131,800 $27,000 $104,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6179091

OneKey® MLS

APN: 131300-6162-61-081283-0000