Car-Free Country House: Saugerties Victorian, $204,800

27 elm street saugerties ny

Thanks to our extensive research into the UCAT bus system in and around Ulster County, we can finally add Saugerties to our pantheon of car-free living possibilities. This lovely Victorian is located on Elm Street, right down the street from where the UCAT stops in the village on Market Street next to the village post office. Such a pretty house, well-maintained, in a great neighborhood walking distance to everything in the village, including the elementary school. Lot size is small but fenced in, and it includes an enclosed porch and a detached garage.

You could do okay without a car in Saugerties, since the village is walkable, there are places to eat, get coffee, pick up pet supplies, secure a bottle of wine, do yoga, and grab groceries (there’s a natural food store on Main Street if you prefer that over Price Chopper). And if you want to get out of Dodge, or you commute to the city, you could theoretically take the UCAT to Kingston and grab the bus to the Poughkeepsie train station from there. It’s worth a call to UCAT to find out how to make it happen at 845-340-3333.

27 elm street saugerties ny2

27 elm street saugerties ny3

27 elm street saugerties ny4

27 elm street saugerties ny5

27 elm street saugerties ny6

Beds: 3

Baths: 1.5

Square Feet: 1,347

Lot Size: .12 acre

Taxes: $7,279

27 Elm Street, Saugerties (Our House Realty) GMAP

Category: $200000 to $299000, Car-Free Country Home, Saugerties, Top Stories, Ulster County, Village

By: kandyharris | 23 October 2013 11:46 AM | 7 Comments

7 Responses

  1. Great house. Great Town. Probably the most exciting town west of the Hudson, in terms of growing dynamicism.

    To get $7200 of taxes means the assessor has this thing assessed at probably 20% more than any realistic market value price. Just like the rest of the Town.

    It’s truly a shame that one person can create such an investment disincentive, with untold harm to both current and would-be residential and business owners.

  2. hilary says:

    The high taxes in Saugerties are not just assessor ‘error’ — the budgets, especially the school, are insane! The tax rate in Saugerties is higher than most towns people think are “high-tax”. Woodstock is affordable compared to Saugerties… But Saugerties definitely has more to offer in terms of businesses and amenities.

  3. I knew that would be a rebuttal – you may be right about the budgets, but that doesn’t mean the houses are not over-assessed. Over assessing the houses by 25% really means that the town can fund it’s budgets with a seemingly lower tax rate, but in reality they are just playing a game – bring the assessment in line with market rates, and then the tax rate and over spending would become a hot button political issue.

    In a way, overassessing homes gives politicians cover, since they are able to spend without raising tax rates because the assessments are inflated.

    If the assessments would be accurate, then the tax rate would need to be raised to meet the budget, and when people saw that the real tax rate is over $4 per $100 instead of the deceiving $2.6, then the apparentness of Saugerties tax problem would be front and center.

    Because it’s an assessment issue, not a tax issue, the Town can market itself as a moderately taxed Town with a 2.6 rate, but anyone who has studied the market compared to other towns will quickly see the assessments continually are 20% higher than the market sales price.

    Which to me, is fundamentally unfair. Paying your fair share, means having your asset valued accurately.

    Raising assessments to market value during the biggest real estate bubble in 3 generations, but then not reducing them to market value when the crash inevitably comes, is wrong by every measure.

    Correct the assessments and raise the tax rate. At least then everyone would understand why they are so outraged at their tax bill.

    Instead, if you want to treated fairly and have your asset valued accurately, you need to be insulted at the once a year grievance day, with 35 people in front of you, late into the night, with a grievance board that will either decline your protest, or give you pennies on the dollar of the discount you are looking for.

  4. Alex Fernandez says:

    Thanks for that practical “assessment” from Catskill Farms. Smoke and mirrors and, yes, fundamentally unfair to taxpayers.

  5. Sima says:

    I really, really like Saugerties – its food culture, the farmers market, its artsiness, the way it’s not pretentious, and how people walk everywhere and even sit on their front porches, the architecture, etc. But those taxes are a killer…

  6. hilary says:

    I think what I said is the result of what castkill farms describes as having to happen, that’s why the high tax issue is so apparent with Saugerties. From my experience, the assessments aren’t all wack (and the equalization rate is at 100%). Recent sales of non-distressed properties aren’t abnormally below assessed value. But there are a lot of distressed properties, probably because the taxes are so high! In the mid-to-higher range homes, sales are more likely to be greater than assessment. Rate per 1000 in Saugerties is like $27-something, Woodstock (also at 100%) is under $20, if you aren’t in Saugerties School District.

    One thing that would make all of this less of a divisive / controversial / financial and social issue would be to NOT fund school budgets via the unstable and logistically impractical taxation on real property. It creates a whole additional system of bureaucracy (school boards, school board elections, budget votes, STAR program, etc,) in the guise of democracy that just isn’t working. Only a small percentage of people actually give a sh*t – those with kids, those who have enough spare time and motivation to care, and those who have no kids and have the opposite position of the first group. Ugh.

  7. Chris Phillips says:

    This dropped in price to $199K.

Leave a Reply