NOT LISTED FOR SALE

63 Gifford Ave Poughkeepsie, NY 12601

Estimated Value: $299,000 - $381,000

5 Beds
3.5 Baths
1,418 Sq Ft
$229/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $117,200 $83 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $2,263/month

3 Days on Market

Highlights

  • Hot Water Heating System
  • Level Lot
  • 5-minute walk to Walkway Over the Hudson State Historic Park
  • Heating System Uses Steam

About This Home

As of October 2019

Great opportunity to own a brick two family home with good sized apartments. Some hardwood floors, original woodwork. Lots of potential. Enclosed back porch overlooking private and fenced backyard. Minutes to Marist College and Walkway over the Hudson. This property is part of the FNMA first look program. That allows owner occupant buyers to have their offers negotiated on day 7 of being listed. Investor offers are negotiated on day 20 of listing. Sold as-is. Buyer to pay NYS Transfer Tax. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds.

Last Agent to Sell the Property

Brian Smith

River Realty Services, Inc. License #30SM0865254 Listed on: 09/20/2019

Co-Listed By

Lee Raphael

River Realty Services, Inc. License #10311204404

Last Buyer's Agent

Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,023

Year Built

  • Built in 1890

Lot Details

  • 3,049 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,418 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Poughkeepsie Middle School
  • Poughkeepsie High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 131300-6062-68-995320-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,023

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Partial
  • Total Bedrooms: 5
  • Living Area: 1418.00
  • Square Footage: 1418.00

Exterior Features

  • Construction Materials: Frame, Brick
  • View YN: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Poughkeepsie Middle School
  • High School: Poughkeepsie High School
  • Middle School: Poughkeepsie Middle School

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Size Area: 0.0700
  • Lot Dimensions: 0.0700
  • Lot Size Sq Ft: 3049.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 131300-6062-68-995320-0000
  • Property Attached: No

Tax Info

  • Close Date: 2019-10-15
  • Tax Annual Amount: 4023.00
  • Tax Map Number: 131300-6062-68-995320-0000

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Four Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Poughkeepsie High School
  • Middle School District: Poughkeepsie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Oct 3, 2019
Sold by
Mtglq Investors Lp
Bought by
Koristovic Ibrahim
Seller's Agent
Brian Smith
River Realty Services, Inc.
Buyer's Agent
Non OneKey Agent
Non-Member MLS
List Price
$99,000
Sold Price
$117,200
Premium/Discount to List
$18,200
18.38%
Current Estimated Value
$324,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,730
Avg. Annual Appreciation
18.97%

Purchase Details

Closed on
Jan 16, 2015
Sold by
Sylvia Properties Llc
Bought by
Muir Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,438
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2011
Sold by
Muir Robert
Bought by
Sylvia Properties Llc

Purchase Details

Closed on
May 31, 2007
Sold by
Vona Edwardo
Bought by
Muir Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.14%
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
Koristovic Ibrahim $117,200 --
Muir Robert -- --
Sylvia Properties Llc -- --
Muir Robert D $225,000 Joseph Gemmati
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muir Robert $8,438
Previous Owner Muir Robert D $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $117,200 +18.4% $83 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $99,000 -- $70 / 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 $5,898 $250,700 $29,700 $221,000
2023 $5,898 $236,500 $29,700 $206,800
2022 $4,875 $197,100 $27,000 $170,100
2021 $4,648 $156,400 $27,000 $129,400
2020 $4,348 $136,000 $27,000 $109,000
2019 $4,209 $123,600 $27,000 $96,600
2018 $6,571 $116,600 $27,000 $89,600
2017 $6,585 $114,300 $27,000 $87,300
2016 $6,116 $117,800 $27,000 $90,800
2015 -- $121,400 $27,000 $94,400
2014 -- $127,800 $27,000 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY5071504

OneKey® MLS

APN: 131300-6062-68-995320-0000