NOT LISTED FOR SALE

Estimated Value: $493,000 - $659,000

4 Beds
2 Baths
4,192 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $260,000 $62 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,548/month

73 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Landscaped
  • Farmhouse Style Home
  • Shed
  • Baseboard Heating

About This Home

As of October 2019

This beautiful 1800's farm house is truly a piece of history. Once the John Forbes Hotel, this property was listed in the New York Registry of Historic Places in 2015. Located in the Hamlet of Alligerville Historic District (in High Falls, NY), this duplex home boasts nearly 4,200 sq ft loaded with character and charm. Currently fully occupied, this property is ideal for an owner-occupant, investor, or someone looking for a turn-key AirBnB. The first unit features three bedrooms, one full and recently renovated bathroom, a formal dining room, updated kitchen, and spacious living room. The second unit features two bedrooms and one full bathroom, a large updated kitchen with sun-drenched windows, spacious living room with wood-stove. Wrap-around rocking chair front porch is a distinct feature of this home, ideal for relaxation. Newly constructed and custom built detached garage. Truly a must-see, minutes from New Paltz, High Falls, the Mohonk Preserve and home to some of the best outdoor activities in the world!

Last Agent to Sell the Property

Lindsay Stevens

eXp Realty License #10301211263 Listed on: 06/18/2019

eXp Realty

Last Buyer's Agent

NON MLS OFFICE

Anderson Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1803

Lot Details

  • 1.13 Acre Lot
  • Landscaped
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Duplex
  • Farmhouse Style Home
  • Frame Construction

Interior Spaces

  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for taxes
  • Legal Lot and Block 16 / 2

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,200
  • New Taxes Expense $7,283
  • Net Operating Income $21,217

Property Details

Home Type

Multi-Family

Year Built

Built in 1803

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1803
  • Property Sub-Type: Duplex
  • Lot Size Acres: 1.13
  • Co List Office Phone: 888-276-0630
  • MLS Status: Closed
  • Architectural Style: Farmhouse
  • Location Tax and Legal:Tax Block: 2
  • General Property Information Lot Size Acres: 1.13
  • General Property Information Lot Size Dimensions: 1.13
  • Flooring:Hardwood: Yes
  • Income And Expenses New Taxes Expense: 7283.0
  • Income And Expenses Cap Rate: 6.0
  • Gross Scheduled Income: 33000.0
  • Other Structures:Shed(s): Yes
  • Appliances Refrigerators: Yes
  • Water Source:Well: Yes
  • Architectural Style Farm House: Yes
  • Structure Type Duplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Electric Water Heater, Dishwasher
  • Basement: Interior Entry, Partial, Walk-Out Access
  • Fireplace: Yes
  • Flooring: Hardwood
  • Appliances:Electric Water Heater: Yes
  • Basement:Partial: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Features:Living Room: Yes
  • Basement:Interior Entry: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Construction Type: Frame
  • Other Structures: Shed(s)
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Electric: 100 Amp Service
  • Heating: Baseboard, Electric, Oil
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Oil: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 30.0

Lot Info

  • Lot Features: Landscaped, Level
  • Lot Dimensions: 1.13
  • Lot Size Sq Ft: 49222.8
  • ResoLotSizeUnits: Acres
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Taxes
  • Tenant Pays: All Utilities

Multi Family

  • Insurance Expense: 1200.0
  • Net Operating Income: 21217.0

Tax Info

  • New Taxes Expense: 7283.0
  • Tax Block: 2
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Oct 21, 2019
Sold by
Kammer Rachelle
Bought by
Kuhner John B and Kuhner Ryland
Seller's Agent
Lindsay Stevens
eXp Realty
Buyer's Agent
NON MLS OFFICE
Anderson Agency
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%
Current Estimated Value
$577,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,239
Avg. Annual Appreciation
13.63%
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
Kuhner John B $260,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2019 10/21/19 Sold $260,000 -7.1% $62 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $279,900 +27.2% $67 / Sq Ft
04/15/2013 04/15/13 Sold $220,000 -37.0% $52 / Sq Ft View Prior Sale
11/22/2012 11/22/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $349,000 -- $83 / 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 $6,711 $260,000 $48,000 $212,000
2023 $6,601 $260,000 $48,000 $212,000
2022 $6,039 $260,000 $48,000 $212,000
2021 $6,039 $260,000 $48,000 $212,000
2020 $6,558 $260,000 $48,000 $212,000
2019 $7,276 $300,000 $48,000 $252,000
2018 $7,483 $285,000 $63,000 $222,000
2017 $7,293 $285,000 $63,000 $222,000
2016 $7,283 $285,000 $63,000 $222,000
2015 -- $275,000 $63,000 $212,000
2014 -- $275,000 $63,000 $212,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20192574

Hudson Valley Catskills Region Multiple List Service

APN: 4400-077.002-0002-016.000-0000