NOT LISTED FOR SALE

63 Stephan St Kingston, NY 12401

Estimated Value: $337,000 - $449,000

4 Beds
2 Baths
2,110 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $128,500 $61 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $3,001/month

38 Days on Market

Highlights

  • No HOA
  • Heating System Uses Steam
  • Level Lot
  • Kingston High School Rated A-

About This Home

As of September 2018

Located on a quiet, residential street, this property offers great possibilities for the investor or owner to occupy with rent to cover the expenses. The home features new, high efficiency natural gas boilers and the electric service is currently being upgraded to 100 amp per unit. The upstairs unit has a small, shower only bath while downstairs has a ceramic tiled full bathroom. Both units have newer wall to wall carpet in the living areas with linoleum in the kitchens. The backyard is fenced and has ample room for gardening. The basement is divided with inside access for the downstairs apartment and exterior for the upstairs affording additional storage space for tenants. Each unit is in fairly good condition with rents below fair market value.

Last Agent to Sell the Property

Irva Manzi

Past Member License #10301200690 Listed on: 07/11/2018

Last Buyer's Agent

Cindy Van Steenburg

Win Morrison Realty License #30VA0674156

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,717

Year Built

  • Built in 1912

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Level Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 2-Story Property

Kitchen

  • Range with Range Hood
  • Dishwasher

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Vented Exhaust Fan
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, sewer, taxes, water
  • Legal Lot and Block 23 / 3

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $880
  • New Taxes Expense $6,070
  • Net Operating Income $7,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,717

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Road Surface Type: Asphalt
  • Co List Office Phone: 845-338-5299
  • MLS Status: Closed
  • Master Plan Zoning: R1
  • Location Tax and Legal:Tax Block: 3
  • General Property Information Lot Size Acres: 0.1
  • General Property Information Lot Size Dimensions: 50 x 120
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 6070.0
  • Income And Expenses Cap Rate: 6.0
  • Gross Scheduled Income: 16560.0
  • General Property Information Stories2: 2
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range Hood, Range, Gas Water Heater, Exhaust Fan, Dishwasher
  • Basement: Concrete, Exterior Entry, Full, Walk-Out Access
  • Flooring: Varies
  • Stories: 2
  • Full Basement: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Appliances:Range Hood: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Exhaust Fan: Yes
  • Basement:Concrete: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Aluminum Siding, Frame
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiant, Steam
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: Level
  • Lot Dimensions: 50 x 120
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 880.0
  • Net Operating Income: 7750.0

Tax Info

  • New Taxes Expense: 6070.0
  • Tax Block: 3
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Sep 27, 2018
Sold by
Manzi Irva B and Manzi Gary
Bought by
Mazariego Lilian M
Seller's Agent
Irva Manzi
Past Member
Buyer's Agent
Cindy Van Steenburg
Win Morrison Realty
List Price
$128,500
Sold Price
$128,500
Current Estimated Value
$413,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,725
Avg. Annual Appreciation
17.99%
Original Mortgage
$126,172
Outstanding Balance
$108,700
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$304,525

Purchase Details

Closed on
May 23, 2014
Sold by
Mazni Irva B
Bought by
Manzi Irva B and Manzi Gary

Purchase Details

Closed on
Oct 28, 1998
Sold by
Keane Frederick E
Bought by
Herrington Scott and Wyncoop David
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
Mazariego Lilian M $128,500 --
Manzi Irva B -- --
Herrington Scott $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazariego Lilian M $126,172
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2018 09/27/18 Sold $128,500 0.0% $61 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $128,500 -- $61 / 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 $9,717 $182,000 $22,000 $160,000
2023 $9,643 $182,000 $22,000 $160,000
2022 $9,362 $182,000 $22,000 $160,000
2021 $9,362 $182,000 $22,000 $160,000
2020 $6,383 $182,000 $22,000 $160,000
2019 $3,768 $182,000 $22,000 $160,000
2018 $6,262 $173,000 $21,000 $152,000
2017 $6,070 $165,000 $21,000 $144,000
2016 $6,048 $165,000 $21,000 $144,000
2015 -- $155,000 $21,000 $134,000
2014 -- $155,000 $21,000 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20182879

Hudson Valley Catskills Region Multiple List Service

APN: 0800-048.082-0003-023.000-0000