NOT LISTED FOR SALE

484 Oliverea Rd Unit 486 Big Indian, NY 12410

Estimated Value: $134,000 - $318,634

6 Beds
2 Baths
-- Sq Ft
1.02 Acres

Last Sold February 17, 2022

Last sale price $110,000

Est. 79% increase in value since last sale

Current estimated payment $1,278/month

179 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Community Playground
  • Woodstock Elementary School Rated A-
  • Cooling Available
  • Garden

About This Home

As of February 2022

Money maker bringing in $1,450 a month, property will generate positive cash from from the day of the closing! Two family home is located on a quiet country road framed by 1+ acre of land. Each apartment has separate utilities offering 3 bedrooms and 1 bath in each unit. Each unit has its own entrance with a washer/dryer hook up, living room area, eat in kitchen and off street parking. Big open yard with a play area and scenic views of the mountains. Investment opportunity with separate utilities. Property is located less than 10 minutes to Belleayre Ski Center and about the same to the quaint Town of Phoenicia and the world class Esopus Creek trout stream. Building need needs some work but worth the investment. Upstairs tenant has been there for over 6 years and downstairs tenant has been there over 2 years, both are month to month. Newhot water heater in one of the units.

Last Agent to Sell the Property

Greg Berardi

Berardi Realty License #10311209045 Listed on: 06/25/2021

Co-Listed By

Megan Rios

Berardi Realty License #10401302335

Last Buyer's Agent

Nicholas Cimato

Halter Associates Realty License #10401264980

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,833

Year Built

  • Built in 1915

Lot Details

  • 1.02 Acre Lot
  • Dirt Road
  • Landscaped
  • Level Lot
  • Garden

Property Views

  • Panoramic
  • Mountain
  • Meadow

Home Design

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

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Carpet
  • Microwave

Basement

  • Partial Basement
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Shared Driveway
  • Parking Lot
  • Off-Street Parking

Utilities

  • Cooling Available
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for management, repairs, taxes, water
  • Legal Lot and Block 23 / 2

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Community Playground

Building Details

  • Electric Expense $600
  • Insurance Expense $1,500
  • New Taxes Expense $2,784
  • Net Operating Income $12,516

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,833

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Year Built: 1915
  • Property Sub-Type: Duplex
  • Lot Size Acres: 1.02
  • Road Surface Type: Dirt
  • View Type:Pond View: Meadow, Mountain(s), Panoramic
  • Co List Office Mls Id: BR
  • Co List Office Phone: 845-201-1111
  • Co List Office Phone: 845-201-1111
  • MLS Status: Closed
  • Master Plan Zoning: R 1.5
  • Location Tax and Legal:Tax Block: 2
  • General Property Information Lot Size Acres: 1.02
  • General Property Information Lot Size Dimensions: 1.02 acres
  • Flooring:Carpet: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling Ceiling Fan(s): Yes
  • Income And Expenses New Taxes Expense: 2784.0
  • Income And Expenses Cap Rate: 8.0
  • Gross Scheduled Income: 17400.0
  • General Property Information Stories2: 2
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • View:Mountain(s): Yes
  • Water Source:Well: Yes
  • View Meadow2: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Road Surface Type Dirt2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Water Heater
  • Basement: Exterior Entry, Partial, Other
  • Fireplace: No
  • Flooring: Carpet, Varies
  • Stories: 2
  • Appliances:Electric Water Heater: Yes
  • Basement:Partial: Yes
  • Community Features:Playground2: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Wood Siding
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Garden2: Yes
  • Construction Materials:Wood Siding: Yes
  • View:Panoramic: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Electric: 100 Amp Service
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Junior High Dist: Onteora Central

Lot Info

  • Lot Features: Garden, Landscaped, Level
  • Lot Dimensions: 1.02 acres
  • Lot Size Sq Ft: 44431.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Management, Repairs, Taxes, Water, Other
  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 600.0
  • Insurance Expense: 1500.0
  • Net Operating Income: 12516.0

Tax Info

  • New Taxes Expense: 2784.0
  • Tax Block: 2
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Feb 17, 2022
Sold by
Lam Scott and Johnson John
Bought by
Liarikos Frank A and Liarikos Princess S
Seller's Agent
Greg Berardi
Berardi Realty
Buyer's Agent
Nicholas Cimato
Halter Associates Realty
List Price
$135,000
Sold Price
$110,000
Premium/Discount to List
-$25,000
-18.52%
Current Estimated Value
$196,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,409
Avg. Annual Appreciation
17.37%

Purchase Details

Closed on
Sep 26, 2006
Sold by
Boutin Paul and Boutin Debra
Bought by
Lam Scott and Johnson John

Purchase Details

Closed on
May 19, 2006
Sold by
The County Of Ulster
Bought by
Boutin Paul and Boutin Debra
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
Liarikos Frank A $110,000 None Available
Lam Scott $77,000 Main St Title
Boutin Paul $3,831 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $110,000 0.0% --
12/26/2021 12/26/21 Off Market $110,000 -- --
09/01/2021 09/01/21 Price Changed $119,900 -11.2% --
06/25/2021 06/25/21 For Sale $135,000 -- --
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 $2,833 $32,500 $6,000 $26,500
2023 $2,893 $32,500 $6,000 $26,500
2022 $2,955 $32,500 $6,000 $26,500
2021 $2,955 $32,500 $6,000 $26,500
2020 $2,929 $32,500 $6,000 $26,500
2019 $2,726 $32,500 $6,000 $26,500
2018 $2,848 $32,500 $6,000 $26,500
2017 $4,463 $32,500 $6,000 $26,500
2016 $2,785 $32,500 $6,000 $26,500
2015 -- $32,500 $6,000 $26,500
2014 -- $32,500 $6,000 $26,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20212398

Hudson Valley Catskills Region Multiple List Service

APN: 5000-012.018-0002-023.200-0000