NOT LISTED FOR SALE

Estimated Value: $329,000 - $465,000

6 Beds
2 Baths
1,872 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $250,000 $134 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,946/month

139 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Carpet
  • No HOA

About This Home

As of October 2021

Very solid side by side duplex building; 3 bedrooms, 1 bath up and down on each side. Fully rented with long term tenants who pay all utilities. Rents are way below market. Tenant on right side does maintenance, lawn care and snow removal. Right side was renovated in 2018. Each unit is like its own town home with access to its own individual basement. Large, landscaped backyard and side yard. Sits on a cul-de-sac with other renovated houses. Ample parking, yard space. On a dead end where you can walk without fear of traffic. A perfect opportunity with great potential for growth.

Last Agent to Sell the Property

Sharon Klein

Past Member License #37KL1032713 Listed on: 04/16/2021

Last Buyer's Agent

NON MLS OFFICE

Anderson Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,516

Year Built

  • Built in 1920

Lot Details

  • 4,356

Home Design

  • Duplex
  • Colonial Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Radiant Heating System

Additional Features

  • Carpet
  • 4,356 Sq Ft Lot

Listing and Financial Details

  • The owner pays for insurance, sewer, taxes, trash collection, water
  • Legal Lot and Block 927 / 44

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $1,800
  • New Taxes Expense $5,461
  • Net Operating Income $20,339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,516

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Co List Office Phone: 845-255-1045
  • MLS Status: Closed
  • Architectural Style: Colonial
  • Location Tax and Legal:Tax Block: 44
  • General Property Information Lot Size Acres: 0.1
  • General Property Information Lot Size Dimensions: 00x00
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 5461.0
  • Income And Expenses Cap Rate: 6.0
  • Gross Scheduled Income: 30600.0
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Architectural Style Colonial: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas, Oil, Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 800.0

Schools

  • Junior High Dist: Poughkeepsie City School District

Lot Info

  • Lot Dimensions: 00x00
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1800.0
  • Net Operating Income: 20339.0

Tax Info

  • New Taxes Expense: 5461.0
  • Tax Block: 44
  • Tax Lot: 927

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Oct 21, 2021
Sold by
Li 1 Llc
Bought by
8 Oak Llc
Seller's Agent
Sharon Klein
Past Member
Buyer's Agent
NON MLS OFFICE
Anderson Agency
List Price
$320,000
Sold Price
$250,000
Premium/Discount to List
-$70,000
-21.88%
Current Estimated Value
$406,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,047
Avg. Annual Appreciation
12.96%
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
8 Oak Llc $250,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2021 10/21/21 Sold $250,000 -7.1% $134 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $269,000 -6.9% $144 / Sq Ft
07/05/2021 07/05/21 Price Changed $289,000 -2.0% $154 / Sq Ft
06/08/2021 06/08/21 Price Changed $295,000 -7.8% $158 / Sq Ft
04/15/2021 04/15/21 For Sale $320,000 +204.8% $171 / Sq Ft
10/26/2018 10/26/18 Sold $105,000 -12.5% $56 / Sq Ft View Prior Sale
09/07/2018 09/07/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $119,990 -- $64 / 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 $9,516 $300,000 $44,600 $255,400
2023 $9,516 $300,000 $44,600 $255,400
2022 $5,913 $250,000 $40,500 $209,500
2021 $5,391 $181,400 $40,500 $140,900
2020 $5,461 $157,700 $40,500 $117,200
2019 $5,301 $143,400 $40,500 $102,900
2018 $4,713 $136,600 $40,500 $96,100
2017 $4,427 $130,100 $40,500 $89,600
2016 $4,369 $130,100 $40,500 $89,600
2015 -- $112,300 $40,500 $71,800
2014 -- $118,200 $40,500 $77,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20211235

Hudson Valley Catskills Region Multiple List Service

APN: 131300-6061-44-927658-0000