NOT LISTED FOR SALE

7437 S Broadway Red Hook, NY 12571

Estimated Value: $464,000 - $524,000

5 Beds
2 Baths
2,168 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $309,000 $143 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,494/month

23 Days on Market

Highlights

  • Porch
  • Cooling System Mounted In Outer Wall Opening
  • 1 Car Garage
  • Linden Avenue Middle School Rated A-

About This Home

As of July 2021

Vintage 2 unit building in heart of Red Hook Village is in very good condition with several updates over last several years including new boiler, windows, flooring. Solid rental income which has been very consistent and locally managed. Sunny and bright units are spacious & well kept. Walk to all village amenities and very close to the Bard shuttle line. Income and operating expenses available for qualified buyers.,FLOORING:Wood,Electric Expense:315,ROOF:Asphalt Shingles,Unfinished Square Feet:600,FOUNDATION:Stone,OwnerPays:Electric,Fire Insurance,Maintenance,Oil,Taxes,Water,AboveGrade:2168

Last Agent to Sell the Property

Margaret Niekrewicz

Margaret Mondello Real Estate License #10311210260 Listed on: 03/15/2021

Last Buyer's Agent

Feng Liu-Winham

Coldwell Banker Village Green License #40LI1036827

Coldwell Banker Village Green

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,140

Year Built

  • Built in 1847

Lot Details

  • 5,663 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Schools

  • Mill Road-Primary Grades Elementary School
  • Linden Avenue Middle School
  • Red Hook Senior High School

Additional Features

  • Porch
  • Cooling System Mounted In Outer Wall Opening
  • Unfinished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 13480100627200103786560000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,140

Year Built

Built in 1847

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1847
  • Village: Red Hook
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Unfinished
  • Owner Pays: Insurance
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 3954

Schools

  • Middle School: Linden Avenue Middle School

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Parcel Number: 13480100627200103786560000
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Fuel Expense: 2687
  • Units Total: 2

Tax Info

  • Tax Annual Amount: 9140
  • Tax Map Number: 13480100627200103786560000

MLS Schools

  • Elementary School: Mill Road-Primary Grades
  • High School: Red Hook Senior High School
  • Middle School District: Red Hook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Jul 2, 2021
Sold by
Sls Int and Sls Saifer
Bought by
Fu Zifeng and Yan Ping
Seller's Agent
Margaret Niekrewicz
Margaret Mondello Real Estate
Buyer's Agent
Feng Liu-Winham
Coldwell Banker Village Green
List Price
$339,000
Sold Price
$309,000
Premium/Discount to List
-$30,000
-8.85%
Current Estimated Value
$502,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,121
Avg. Annual Appreciation
9.63%
Original Mortgage
$231,750
Outstanding Balance
$178,402
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$271,683

Purchase Details

Closed on
Aug 29, 2013
Sold by
Edgecrest Llc
Bought by
Saifer Steffen Lincoln

Purchase Details

Closed on
Feb 12, 2008
Sold by
Brent Glen
Bought by
Edgecrest Llc

Purchase Details

Closed on
Sep 18, 2000
Sold by
Brent Glen A
Bought by
Brent Glen and Brent Diane

Purchase Details

Closed on
Aug 27, 1999
Sold by
Heywood Donald
Bought by
Brent Glen A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fu Zifeng $309,000 Misc Company
Fu Zifeng $309,000 Misc Company
Saifer Steffen Lincoln $192,000 Peter Klose
Saifer Steffen Lincoln $192,000 Peter Klose
Edgecrest Llc -- --
Edgecrest Llc -- --
Brent Glen -- --
Brent Glen & Diane -- --
Brent Glen A $102,500 Jeffrey C Martin
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fu Zifeng $231,750
Closed Fu Zifeng $231,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $309,000 -8.8% $143 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $339,000 -- $156 / 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
2023 $8,936 $352,300 $53,100 $299,200
2022 $8,769 $309,000 $47,800 $261,200
2021 $9,116 $286,300 $47,800 $238,500
2020 $9,168 $275,300 $47,800 $227,500
2019 $9,065 $275,300 $47,800 $227,500
2018 $8,997 $275,300 $47,800 $227,500
2017 $8,893 $275,300 $47,800 $227,500
2016 $8,845 $275,300 $47,800 $227,500
2015 -- $275,300 $47,800 $227,500
2014 -- $275,300 $47,800 $227,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYM398828

OneKey® MLS

APN: 134801-6272-10-378656-0000