NOT LISTED FOR SALE

8 Levan St Kingston, NY 12401

Estimated Value: $290,000 - $368,894

3 Beds
2 Baths
1,459 Sq Ft
$236/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $155,000 $106 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,569/month

49 Days on Market

About This Home

As of October 2021

Incredible opportunity in a prime Kingston location! This solidly built 1920 cottage is currently configured as a legal 2-family, but could easily be converted back to a spacious single family home. Located at the end of a quiet dead-end street 8 Levan is just a short walk (less than 1/2 mile!) to the famed Rondout District -- a waterfront neighborhood filled with restaurants, antique shops, boutique stores, and historic buildings. There are currently tenants in both units, on month-to-month leases. A full basement houses 2 gas furnaces. Whether you're looking for a turnkey investment opportunity, or a renovation project to build the home of your dreams, this is a must see. Priced to sell!

Last Agent to Sell the Property

Keith Woodburn

Church Street Realty Services License #10491205221 Listed on: 05/01/2021

Co-Listed By

Anita Cunniff

Boxwood Realty and Design License #10491212257

Last Buyer's Agent

NON MLS OFFICE

Anderson Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 1,568

Parking

  • Off-Street Parking

Home Design

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

Attic

  • Storage In Attic

Additional Features

  • 2 Bathrooms
  • Basement Fills Entire Space Under The House
  • 1,568 Sq Ft Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for taxes
  • Legal Lot and Block 28 / 4

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $2,400
  • New Taxes Expense $7,088
  • Net Operating Income $10,288

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: RS
  • Co List Office Phone: 845-750-7089
  • Co List Office Phone: 845-594-2524
  • MLS Status: Closed
  • Master Plan Zoning: R-2
  • Location Tax and Legal:Tax Block: 4
  • General Property Information Lot Size Acres: 0.036
  • General Property Information Lot Size Dimensions: 0.036 acres
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 7088.0
  • Income And Expenses Cap Rate: 5.0
  • Gross Scheduled Income: 20700.0
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Full Basement: Yes
  • Attic Features:Storage Only: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Junior High Dist: Kingston Consolidated

Lot Info

  • Lot Dimensions: 0.036 acres
  • Lot Size Sq Ft: 1568.16
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Taxes
  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 2400.0
  • Net Operating Income: 10288.0

Tax Info

  • New Taxes Expense: 7088.0
  • Tax Block: 4
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Oct 28, 2021
Sold by
Schenker Properties Llc
Bought by
Double Impact Llc
Seller's Agent
Keith Woodburn
Church Street Realty Services
Buyer's Agent
NON MLS OFFICE
Anderson Agency
List Price
$219,000
Sold Price
$155,000
Premium/Discount to List
-$64,000
-29.22%
Current Estimated Value
$344,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,724
Avg. Annual Appreciation
20.64%

Purchase Details

Closed on
Mar 9, 2011
Sold by
Schenker Jonah M
Bought by
Schenker Properties Llc

Purchase Details

Closed on
May 10, 2010
Sold by
Federal National Mortgage Association
Bought by
Schenker Jonah M

Purchase Details

Closed on
Dec 15, 2009
Sold by
Milby Richard N
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 25, 1998
Sold by
Stork Wilhelmina
Bought by
Milby Richard
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
Double Impact Llc $155,000 None Available
Schenker Properties Llc -- None Available
Schenker Jonah M $55,000 None Available
Federal National Mortgage Association $500 None Available
Milby Richard $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $155,000 -8.3% $106 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $169,000 -15.1% $116 / Sq Ft
05/14/2021 05/14/21 Price Changed $199,000 -9.1% $136 / Sq Ft
04/30/2021 04/30/21 For Sale $219,000 -- $150 / 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 $9,343 $167,000 $10,000 $157,000
2023 $8,848 $167,000 $10,000 $157,000
2022 $8,590 $167,000 $10,000 $157,000
2021 $8,590 $167,000 $10,000 $157,000
2020 $7,018 $167,000 $10,000 $157,000
2019 $3,457 $167,000 $10,000 $157,000
2018 $6,002 $161,000 $10,000 $151,000
2017 $5,923 $161,000 $10,000 $151,000
2016 $6,002 $161,000 $10,000 $151,000
2015 -- $161,000 $10,000 $151,000
2014 -- $161,000 $10,000 $151,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20211454

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.034-0004-028.000-0000