NOT LISTED FOR SALE

819 First Ave Kingston, NY 12401

Estimated Value: $276,000 - $457,000

4 Beds
2 Baths
1,624 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $218,000 $134 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,500/month

67 Days on Market

Highlights

  • River View
  • Deck
  • Eat-In Kitchen
  • Kingston High School Rated A-
  • No HOA
  • 3-minute walk to Sleightsburgh Park

About This Home

As of August 2022

Excellent opportunity for a purchaser with vision. This solid 2 family could be converted to a one family perhaps, or kept as a reliable income producing 2 family house. Each of the two units has a private entrance from the street and separate heating (gas) and electric meters. The infrastructure appears very solid and up to date. Cosmetic upgrades would make this house a real antique cutie. Sleightsburg is a very quiet hamlet, south of the Rondout Creek and District. The furnaces and water heaters are virtually new. The kitchen and bath in the lower unit are a bit more modern than the upstairs. There are seasonal views of the Hudson River from the upstairs apartment and the entire house overlooks a quiet gem of a park on the shore of the Rondout Creek. This tucked away neighborhood of Sleightsburg is quiet and very near to all the best that Kingston has to offer. Also, proximity to Rte 9W affords quick access to AmTrak and Metro North trains. Tenants are long term and rental amounts are well under market rates with Month to month arrangements and tenants who have expressed interest in staying even at market value rents. ** MASKS REQUIRED FOR INSIDE SHOWINGS AT TENANTS' REQUEST.

Last Agent to Sell the Property

Harris Safier

Compass Greater New York, LLC License #10301216410 Listed on: 05/12/2022

Compass Greater New York, LLC

Last Buyer's Agent

William Frank Jones

BHHS HUDSON VALLEY PROP-WDST License #10401315348

BHHS HUDSON VALLEY PROP-WDST

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1850

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 90 x 100
  • Partially Fenced Property

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding
  • Stone

Interior Spaces

  • 2 Bathrooms
  • 2-Story Property
  • Carpet
  • River Views

Kitchen

  • Eat-In Kitchen
  • Range

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for water
  • Legal Lot and Block 11 / 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $1,343
  • New Taxes Expense $4,502
  • Net Operating Income $11,498

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,602

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Year Built: 1850
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.2
  • Road Surface Type: Gravel
  • View Type:Pond View: River
  • Co List Office Phone: 845-340-1920
  • MLS Status: Closed
  • Master Plan Zoning: R12
  • Location Tax and Legal:Tax Block: 1
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Dimensions: 90 x 100
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 4502.0
  • Gross Scheduled Income: 18000.0
  • Fencing:Partial2: Yes
  • Location Tax and Legal:Tax Annual Amount: 4602.0
  • General Property Information Stories2: 2
  • Appliances Refrigerators: Yes
  • Water Source:Public: Yes
  • Fencing Fenced: Yes
  • Road Surface Type Gravel2: Yes
  • View:River2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range, Gas Water Heater
  • Interior Amenities: Eat-in Kitchen
  • Basement: Full, Walk-Out Access
  • Flooring: Carpet, Varies
  • Stories: 2
  • Full Basement: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Construction Type: Aluminum Siding, Brick, Frame, Stone
  • Patio And Porch Features: Deck
  • Construction Materials:Frame: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • 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: 90 x 100
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1343.0
  • Net Operating Income: 11498.0

Tax Info

  • New Taxes Expense: 4502.0
  • Tax Annual Amount: 4602.0
  • Tax Block: 1
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Aug 26, 2022
Sold by
Terpening Madalyn S
Bought by
819 First Avenue Llc
Seller's Agent
Harris Safier
Compass Greater New York, LLC
Buyer's Agent
William Frank Jones
BHHS HUDSON VALLEY PROP-WDST
List Price
$255,000
Sold Price
$218,000
Premium/Discount to List
-$37,000
-14.51%
Current Estimated Value
$370,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,489
Avg. Annual Appreciation
19.97%
Original Mortgage
$172,000
Outstanding Balance
$164,920
Interest Rate
5.54%
Mortgage Type
Commercial
Estimated Equity
$211,467

Purchase Details

Closed on
Feb 24, 2021
Sold by
Terpening Daniel P Est
Bought by
Terpening Madalyns
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
819 First Avenue Llc $218,000 None Available
Terpening Madalyns -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 819 First Avenue Llc $172,000
Previous Owner Terpening Daniel P $30,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $218,000 -9.2% $134 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $240,000 -5.9% $148 / Sq Ft
05/12/2022 05/12/22 For Sale $255,000 -- $157 / 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 $5,769 $134,600 $37,152 $97,448
2023 $5,722 $134,600 $37,152 $97,448
2022 $5,467 $134,600 $37,152 $97,448
2021 $5,467 $134,600 $37,152 $97,448
2020 $4,561 $134,600 $37,152 $97,448
2019 $4,528 $134,600 $37,152 $97,448
2018 $4,586 $134,600 $37,152 $97,448
2017 $4,620 $134,600 $37,152 $97,448
2016 $4,557 $134,600 $37,152 $97,448
2015 -- $134,600 $37,152 $97,448
2014 -- $134,600 $37,152 $97,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20221306

Hudson Valley Catskills Region Multiple List Service

APN: 2200-056.044-0001-011.000-0000