NOT LISTED FOR SALE

94 Downs St Kingston, NY 12401

Estimated Value: $186,825 - $489,000

6 Beds
3 Baths
2,810 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 14, 2012

Last sale price $80,000 $28 Per Sq Ft

Est. 352% increase in value since last sale

Current estimated payment $2,343/month

85 Days on Market

Highlights

  • Victorian Architecture
  • 2 Car Garage
  • Heating System Uses Natural Gas
  • No HOA
  • Asbestos

About This Home

As of May 2012

Pick up where they left off....this 3-family property has plenty of potential to be a money maker or a place to live for pennies! Priced to move, this home has a new roof, shared driveway and separate electric services. Tenant pays electric and gas for hot water and cooking. Owner occupies rear apartment, thus figures are based on rents collected from two tenant-occupied units. Walk up attic is semi finished and is not included in living space. Garage is in poor condition.

Last Agent to Sell the Property

Catherine Lenz

Howard Hanna Rand Realty License #40le0885604 Listed on: 01/10/2012

Last Buyer's Agent

James Murphy

Patty Conti Realty Group LLC License #10301209361

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1850

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 48x180

Parking

  • 2 Car Garage
  • Common or Shared Parking

Home Design

  • Triplex
  • Victorian Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Asbestos

Attic

  • Permanent Attic Stairs

Schools

  • Chambers K-4 Elementary School

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Range
  • Linoleum Flooring
  • City Lot

Listing and Financial Details

  • The owner pays for gas, sewer, taxes, water
  • Legal Lot and Block 7 / 9

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Fuel Expense $5,400
  • New Taxes Expense $5,478
  • Net Operating Income $8,887

Property Details

Home Type

Multi-Family

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1850
  • Property Sub-Type: Triplex
  • Lot Size Acres: 0.2
  • Co List Office Phone: 845-338-5252
  • MLS Status: Closed
  • Architectural Style: Victorian
  • Master Plan Zoning: R2
  • Location Tax and Legal:Tax Block: 9
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Dimensions: 48x180
  • Sewer:Public Sewer: Yes
  • Flooring:Linoleum: Yes
  • Income And Expenses New Taxes Expense: 5478.0
  • Gross Scheduled Income: 21000.0
  • Income And Expenses Fuel Expense: 5400.0
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Architectural Style Victorian: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Gas Water Heater
  • Basement: Other
  • Flooring: Linoleum, Varies
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Attic Features:Permanent Stairs: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Asbestos, Frame
  • Construction Materials:Frame: Yes
  • Lot Features:City Lot: Yes
  • Construction Materials:Asbestos: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Common
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Common: 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

Lot Info

  • Lot Features: City Lot
  • Lot Dimensions: 48x180
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas, Sewer, Taxes, Water
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 8887.0

Tax Info

  • New Taxes Expense: 5478.0
  • Tax Block: 9
  • Tax Lot: 7

MLS Schools

  • Elementary School: Chambers K-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
May 14, 2012
Sold by
Guzman Ignacio J
Bought by
Double E Llc
Seller's Agent
Catherine Lenz
Howard Hanna Rand Realty
Buyer's Agent
James Murphy
Patty Conti Realty Group LLC
List Price
$99,000
Sold Price
$80,000
Premium/Discount to List
-$19,000
-19.19%
Current Estimated Value
$361,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,206
Avg. Annual Appreciation
11.62%

Purchase Details

Closed on
Aug 5, 2011
Sold by
Guzman Ignacio R
Bought by
Guzman Ignacio J

Purchase Details

Closed on
Mar 12, 2009
Sold by
Hudson Vly Reo Llc
Bought by
Guzman Ignacio

Purchase Details

Closed on
Oct 23, 2008
Sold by
Secretary Of Housing & Urban Development
Bought by
Hudson Valley Reo Llc

Purchase Details

Closed on
Apr 10, 2003
Sold by
Francis Frederick
Bought by
Francis Frederick and Francis Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,236
Interest Rate
5.64%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2000
Sold by
Dugan Michael E and Dugan Susan L
Bought by
Dorisca Roosevelt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
7.7%
Mortgage Type
FHA
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 E Llc $80,000 --
Guzman Ignacio J -- None Available
Guzman Ignacio $100,000 --
Guzman Ignacio R $100,000 None Available
Hudson Valley Reo Llc $61,152 Title Insurance Company
Francis Frederick -- --
Francis Frederick $148,400 Commonwealth Land Title Ins
Dorisca Roosevelt $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francis Frederick $147,236
Previous Owner Dorisca Roosevelt $74,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2012 05/14/12 Sold $80,000 -19.2% $28 / Sq Ft
04/03/2012 04/03/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $99,000 -- $35 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

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 $5,595 $100,000 $23,000 $77,000
2023 $5,298 $100,000 $23,000 $77,000
2022 $5,144 $100,000 $23,000 $77,000
2021 $5,144 $100,000 $23,000 $77,000
2020 $3,507 $100,000 $23,000 $77,000
2019 $2,070 $100,000 $23,000 $77,000
2018 $3,258 $90,000 $22,000 $68,000
2017 $3,311 $90,000 $22,000 $68,000
2016 $3,299 $90,000 $22,000 $68,000
2015 -- $90,000 $22,000 $68,000
2014 -- $90,000 $22,000 $68,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20120105

Hudson Valley Catskills Region Multiple List Service

APN: 0800-048.333-0009-007.000-0000