NOT LISTED FOR SALE

48 Hoffman St Kingston, NY 12401

Estimated Value: $363,000 - $474,000

4 Beds
2 Baths
1,943 Sq Ft
$205/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $172,500 $89 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,885/month

55 Days on Market

Highlights

  • No HOA
  • Enclosed Patio or Porch
  • Baseboard Heating
  • Kingston High School Rated A-
  • Ceramic Tile Flooring

About This Home

As of September 2017

HOT FOR THE SUMMER...WONT LAST...Very well maintained 2 family in new red hot mid town artist district in Historic Kingston NY. Walk to local coffee shop and other places to eat, this location checks off a lot of boxes. Within striking distance to both uptown and downtown, very close to hospital, bus route, and conveniently sited to take full advantage of everything Kingston has to offer. The current owner has taken great care of this building and is ready to hand the torch to someone looking for something turn key and versatile. Live in one unit or rent them both out, you have options here. Great tenants currently in place. Perched on a knoll with very accessible dry basement, updated throughout over the years, all systems go here. Separate utilities, laundry hookups in basement, and plenty of storage. The affordable price makes this one of the best investment opportunities on the market right now under 200k. Rock solid offering, both units in good condition. Excellent area to invest in. Get in early on the revitalization of midtown Kingston while prices are still low.

Last Agent to Sell the Property

Dylan Taft

Taft Street Realty, Inc. License #10311200781 Listed on: 05/13/2017

Last Buyer's Agent

Alejandra Dmytruk

Past Member License #10401288818

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,809

Year Built

  • Built in 1905

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x100

Home Design

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

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • New Taxes Expense $5,462

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer, taxes, water
  • Legal Lot and Block 31 / 10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,809

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Year Built: 1905
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Co List Office Phone: 845-687-9292
  • MLS Status: Closed
  • Master Plan Zoning: R1
  • Location Tax and Legal:Tax Block: 10
  • General Property Information Lot Size Acres: 0.1
  • General Property Information Lot Size Dimensions: 40x100
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Sewer:Public Sewer: Yes
  • Flooring:Linoleum: Yes
  • Income And Expenses New Taxes Expense: 5462.0
  • Gross Scheduled Income: 24000.0
  • General Property Information Stories2: 2
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range, Electric Water Heater
  • Interior Amenities: Other
  • Basement: Full, Other
  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Stories: 2
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Enclosed, Screened
  • Construction Materials:Frame: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Electric: 100 Amp Service
  • Heating: Baseboard, Hot Water, Natural Gas, Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Repairs, Sewer, Taxes, Water, Other
  • Tenant Pays: All Utilities, Electricity, Gas, Trash Collection

Tax Info

  • New Taxes Expense: 5462.0
  • Tax Block: 10
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2017
Closed on
Sep 8, 2017
Sold by
Williams Stephan
Bought by
Guallpa Manuel and Barrera Elizabeth
Seller's Agent
Dylan Taft
Taft Street Realty, Inc.
Buyer's Agent
Alejandra Dmytruk
Past Member
List Price
$169,500
Sold Price
$172,500
Premium/Discount to List
$3,000
1.77%
Current Estimated Value
$397,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,347
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Dec 27, 2003
Sold by
Harvey Cathleen
Bought by
Williams Stephan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,216
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Guallpa Manuel $172,500 --
Williams Stephan $181,280 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Stephan $220,000
Previous Owner Williams Stephan $55,000
Previous Owner Williams Stephan $25,000
Previous Owner Williams Stephan $172,216
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $172,500 +1.8% $89 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
05/13/2017 05/13/17 For Sale $169,500 -- $87 / 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 $8,809 $165,000 $18,000 $147,000
2023 $8,742 $165,000 $18,000 $147,000
2022 $8,488 $165,000 $18,000 $147,000
2021 $8,488 $165,000 $18,000 $147,000
2020 $5,786 $165,000 $18,000 $147,000
2019 $3,416 $165,000 $18,000 $147,000
2018 $5,755 $159,000 $17,000 $142,000
2017 $5,506 $149,000 $17,000 $132,000
2016 $5,462 $149,000 $17,000 $132,000
2015 -- $149,000 $17,000 $132,000
2014 -- $149,000 $17,000 $132,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20172108

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.026-0010-031.000-0000