NOT LISTED FOR SALE

Estimated Value: $358,000 - $431,000

3 Beds
2 Baths
1,648 Sq Ft
$242/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $118,500 $72 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $3,000/month

268 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Hot Water Heating System
  • Kingston High School Rated A-

About This Home

As of January 2018

Great Investment Opportunity. This two family offers on the 1st floor 1 BR, 1 Bath with an additional room currently being used as a 2nd BR. Beautiful brick fireplace in the living room, remodeled kitchen with new flooring and updated bath. 2nd floor offers 2 BR, 1 bath with all new flooring throughout. Natural gas, separate electric panels and hot water heaters in 2014. Tenants pay all their own utilities.Off street parking with 2- 1 car driveways (1 for each tenant). You can come right in and have the rent pay your mortgage or enjoy your investment. Current rent is below average and owners pay a property manager. Close to uptown Kingston. Come See it!!!!!!

Last Agent to Sell the Property

Vincenza Seche

Howard Hanna Rand Realty License #10401226887 Listed on: 04/11/2017

Howard Hanna Rand Realty

Last Buyer's Agent

Rodney Batista

Howard Hanna Rand Realty License #10401294303

Howard Hanna Rand Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,465

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50 x 64
  • Corner Lot

Home Design

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

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Linoleum Flooring
  • Permanent Attic Stairs
  • Range
  • Unfinished Basement

Parking

  • Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • The owner pays for insurance, sewer, taxes, trash collection, water
  • Legal Lot and Block 51 / 8

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,896
  • Manager Expense $2,000
  • New Taxes Expense $6,584
  • Net Operating Income $9,686

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,465

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.07
  • Co List Office Phone: 845-338-5252
  • MLS Status: Closed
  • Location Tax and Legal:Tax Block: 8
  • General Property Information Lot Size Acres: 0.07
  • General Property Information Lot Size Dimensions: 50 x 64
  • Flooring:Linoleum: Yes
  • Income And Expenses New Taxes Expense: 6584.0
  • Income And Expenses Cap Rate: 7.0
  • Gross Scheduled Income: 21900.0
  • Manager Expense: 2000.0
  • 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
  • Basement: Unfinished
  • Fireplace: Yes
  • Flooring: Linoleum
  • Stories: 2
  • Appliances Range: Yes
  • Fireplace Features:Living Room: Yes
  • Attic Features:Permanent Stairs: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Vinyl Siding
  • Construction Materials:Frame: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Hot Water, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: City Lot, Corner Lot
  • Lot Dimensions: 50 x 64
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: All Utilities

Multi Family

  • Insurance Expense: 1896.0
  • Resident Manager Expense: 2000.0
  • Net Operating Income: 9686.0

Tax Info

  • New Taxes Expense: 6584.0
  • Tax Block: 8
  • Tax Lot: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2017
Closed on
Jan 19, 2018
Sold by
Boland Michael S and Pitt Elizabeth D
Bought by
White Carin T
Seller's Agent
Vincenza Seche
Howard Hanna Rand Realty
Buyer's Agent
Rodney Batista
Howard Hanna Rand Realty
List Price
$137,900
Sold Price
$118,500
Premium/Discount to List
-$19,400
-14.07%
Current Estimated Value
$388,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,170
Avg. Annual Appreciation
16.06%
Original Mortgage
$106,650
Outstanding Balance
$91,040
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$274,212

Purchase Details

Listed on
Sep 4, 2013
Closed on
Nov 21, 2013
Sold by
Fnma
Bought by
Boland Michael and Pitt Elizabeth
Seller's Agent
Jeffery Dolfinger
Century21 Hudson Valley Realty
Buyer's Agent
Francesca Noble
Coldwell Banker Village GreenK
List Price
$64,900
Sold Price
$77,500
Premium/Discount to List
$12,600
19.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%

Purchase Details

Closed on
May 1, 2013
Sold by
Gilday Andrew J
Bought by
Fnma

Purchase Details

Closed on
Dec 13, 2002
Sold by
Sells Alden
Bought by
Krizek Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.16%
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
White Carin T $118,500 --
Boland Michael -- --
Fnma -- --
Krizek Stephen M $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Carin T $106,650
Previous Owner Krizek Stephen M $92,779
Previous Owner Krizek Stephen M $25,000
Previous Owner Krizek Stephen M $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2018 01/19/18 Sold $118,500 -14.1% $72 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
10/13/2017 10/13/17 For Sale $137,900 -11.0% $84 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $154,900 +99.9% $94 / Sq Ft
11/21/2013 11/21/13 Sold $77,500 +19.4% $47 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $64,900 -- $39 / 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 $10,465 $196,000 $14,000 $182,000
2023 $10,410 $196,000 $14,000 $182,000
2022 $10,147 $196,000 $14,000 $182,000
2021 $10,147 $196,000 $14,000 $182,000
2020 $6,873 $196,000 $14,000 $182,000
2019 $4,058 $196,000 $14,000 $182,000
2018 $6,904 $187,000 $13,000 $174,000
2017 $6,548 $178,000 $13,000 $165,000
2016 $6,525 $178,000 $13,000 $165,000
2015 -- $167,000 $13,000 $154,000
2014 -- $167,000 $13,000 $154,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20171394

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.026-0008-051.000-0000