NOT LISTED FOR SALE

8 Lexington Ave Poughkeepsie, NY 12601

Estimated Value: $367,000 - $387,000

4 Beds
2 Baths
1,760 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $197,500 $112 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,754/month

48 Days on Market

Highlights

  • City View
  • Forced Air Heating and Cooling System
  • Level Lot
  • Porch
  • 1 Car Garage
  • Wood Siding

About This Home

As of August 2019

CITY OF POUGHKEEPSIE TWO-FAMILY FEATURING UPDATED KITCHENS W/STAINLESS APPLIANCES & UPDATED BATHROOMS. RECENT IMPROVEMENTS INCLUDE WINDOWS, ROOF, ELECTRIC, FURNACES, WATER HEATERS & CENTRAL A/C. REFINISHED WOOD FLOORING, FRESH PAINT & UPDATED BATHROOMS. NATURAL GAS FOR HEATING, HOT WATER & COOKING. WALK-UP ATTIC & UNFINISHED BASEMENT FOR AMPLE STORAGE. CONVENIENT LOCATION CLOSE TO COLLEGES, HOSPITALS, TRAINS & COMMUTER ROUTES. GREAT OPPORTUNITY FOR AN INVESTOR OR OWNER OCCUPANT.,FOUNDATION:Concrete,Below Grnd Sq Feet:900,ROOF:Asphalt Shingles,Heating:Gas,FLOORING:Ceramic Tile,Wood,Vinyl,ExteriorFeatures:Outside Lighting,Unfinished Square Feet:900,InteriorFeatures:Gas Stove Connection,AboveGrade:1800

Last Agent to Sell the Property

Dan Axtmann

BHHS Hudson Valley Properties License #40AX1070499 Listed on: 02/05/2019

BHHS Hudson Valley Properties

Last Buyer's Agent

Lori Rheingold

License #40RH1043422

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,770

Year Built

  • Built in 1925

Lot Details

  • 3,049 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Frame Construction
  • Wood Siding

Schools

  • G W Krieger Elementary School
  • Poughkeepsie Middle School
  • Poughkeepsie High School

Additional Features

  • City Views
  • Basement Fills Entire Space Under The House
  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 13130000616100324498620000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,770

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Full, Unfinished
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • View: City
  • Patio and Porch Features: Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Garage, Off Street

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Poughkeepsie Middle School

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 13130000616100324498620000
  • Zoning Description: R-3
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 4770
  • Tax Map Number: 13130000616100324498620000

MLS Schools

  • Elementary School: G W Krieger School
  • High School: Poughkeepsie High School
  • Middle School District: Poughkeepsie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2020
Sold by
Ortiz Luis E and Alvarez Richard
Bought by
41 Garden Street Llc
Current Estimated Value
$377,087

Purchase Details

Listed on
Feb 5, 2019
Closed on
Aug 22, 2019
Sold by
Gemmati Brothers Inc
Bought by
Alvarez Richard and Ortiz Luis E
Seller's Agent
Dan Axtmann
BHHS Hudson Valley Properties
Buyer's Agent
Lori Rheingold
List Price
$199,000
Sold Price
$197,500
Premium/Discount to List
-$1,500
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$137,500
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 28, 2011
Sold by
Swakid Hanna
Bought by
Gemmati Brothers Inc

Purchase Details

Closed on
Nov 1, 2000
Sold by
Scott Patricia A
Bought by
Swakid Hanna
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
41 Garden Street Llc -- None Available
Alvarez Richard $197,500 Thoroughbred Title
Alvarez Richard $197,500 Thoroughbred Title
Gemmati Brothers Inc $75,000 --
Gemmati Brothers Inc $75,000 --
Swakid Hanna $58,000 Mark Serino
Swakid Hanna $58,000 Mark Serino
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Luis E $137,500
Previous Owner Swakid Hanna $265,500
Previous Owner Swakid Hanna $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2019 08/22/19 Sold $197,500 -0.8% $112 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $199,000 -- $113 / 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 $8,585 $364,900 $59,400 $305,500
2023 $8,585 $344,200 $59,400 $284,800
2022 $7,243 $286,800 $54,000 $232,800
2021 $7,043 $237,000 $54,000 $183,000
2020 $5,859 $197,500 $54,000 $143,500
2019 $5,264 $154,600 $54,000 $100,600
2018 $7,193 $147,200 $54,000 $93,200
2017 $6,955 $140,200 $54,000 $86,200
2016 $6,738 $144,500 $54,000 $90,500
2015 -- $144,500 $54,000 $90,500
2014 -- $144,500 $54,000 $90,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYM378362

OneKey® MLS

APN: 131300-6161-32-449862-0000