113 Chambers St Newburgh, NY 12550
Estimated Value: $518,529
9
Beds
3
Baths
5,588
Sq Ft
$93/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Balcony
- Park
- Cathedral Ceiling
- Porch
- 1-minute walk to Audrey Carey Park
About This Home
As of February 2023HUGE INVESTMENT OPPORTUNITY awaits you! This once high-end luxury historic building was known to be a Speakeasy. During the Prohibition era, speakeasies were the secret bars where people could get their hands on some booze... You can find these types of bars behind bookshelves, guarded by secret passwords, and decorated like they're from the 1920s. Evidence still remains by the dumbwaiter in the basement, secret view slat through basement door, ornate woodwork through out and the layout of the rooms. The property type is legally an Inn/Lodge/Boarding House on a double lot, however, it is being used as a permanent residential building- located across from Audrey Carey Park. The first floor is a legal apt 2BD/1BA. The second floor are legal 4 SRO's (single room occupancy) with full BA, storage room and access to rear balcony. The third floor is a legal apt 3BD/1BA. The partially finished basement has a plumbing for half bath and kitchen plumbing hook up, electricity, heat with T-Stat control. New owner can apply for a variance and rent the basement for additional income. Sold As-Is, C/O available, No violation/No open permits
Last Agent to Sell the Property
Exit Realty Connections License #10401299552 Listed on: 07/22/2022
Last Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,019
Year Built
- Built in 1900 | Remodeled in 1980
Lot Details
- 5,149 Sq Ft Lot
- No Common Walls
- Fenced
- Level Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,588 Sq Ft Home
- Cathedral Ceiling
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Balcony
- Porch
Location
- Property is near public transit
Schools
- Magnet Sch Of Math Science & Design Elementary School
- South Middle School
- Newburgh Free Academy High School
Utilities
- No Cooling
- Hot Water Heating System
- Heating System Uses Natural Gas
- Municipal Trash
Listing and Financial Details
- Assessor Parcel Number 331100-018-000-0009-008.000-0000
Community Details
Overview
- 3 Units
Recreation
- Park
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2022
Closed on
Feb 9, 2023
Sold by
Sylvester Maria
Bought by
Hayes Ct Group Llc
Seller's Agent
Lisa Williams Steger
Exit Realty Connections
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$549,000
Sold Price
$460,000
Premium/Discount to List
-$89,000
-16.21%
Total Days on Market
88
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,529
Avg. Annual Appreciation
5.32%
Original Mortgage
$350,250
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Newburgh, NY
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hayes Ct Group Llc | $467,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hayes Ct Group Llc | $350,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2023 02/10/23 | Sold | $460,000 | -16.2% | $82 / Sq Ft |
| 10/18/2022 10/18/22 | Pending | -- | -- | -- |
| 07/22/2022 07/22/22 | For Sale | $549,000 | -- | $98 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $12,560 | $380,000 | $90,500 | $289,500 |
| 2022 | $11,926 | $279,100 | $27,900 | $251,200 |
| 2021 | $13,019 | $279,100 | $27,900 | $251,200 |
| 2020 | $8,098 | $188,700 | $27,900 | $160,800 |
| 2019 | $3,864 | $164,400 | $27,900 | $136,500 |
| 2018 | $3,864 | $164,400 | $34,500 | $129,900 |
| 2017 | $8,338 | $164,400 | $34,500 | $129,900 |
| 2016 | $8,127 | $157,100 | $34,500 | $122,600 |
| 2015 | -- | $157,100 | $34,500 | $122,600 |
| 2014 | -- | $157,100 | $34,500 | $122,600 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Williams Steger
Seller's Agent in 2023
Lisa Williams Steger
Exit Realty Connections
(845) 444-4551
28 Total Sales
-
N
Buyer's Agent in 2023
Non Non OneKey Agent
Non-Member MLS
Map
Source: OneKey® MLS
MLS Number: KEY6200661
APN: 331100-018-000-0009-008.000-0000
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