132 3rd St Newburgh, NY 12550
Estimated Value: $627,000 - $786,000
7
Beds
4
Baths
2,667
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Park
- Property is near public transit
- Cooling System Mounted In Outer Wall Opening
- 1-minute walk to Audrey Carey Park
About This Home
As of December 2023Turn key property. Live in or investment. Both work. Totally renovated in 2019 Tenant pays all utilities. 3 energy efficient furnaces. 4 electric meters. Features (2) two bedrooom apartments and (1) 3 bedroom duplex. Hardwood floors in two of the apartments and tile for the garden unit. Amazing reduced taxes for a few more years from the City of Newburgh. Owner submitting plans and access to backyard from the garden apartment. Your future garden oasis awaits you! Keeping 1st floor apartment empty for owner user however we have a tenant ready for $1700 today! Almost new construction at a fantastic price! Numbers work with the higher rates. Refi when rates go lower and look like a genius! Granite countertops and open floor plans make it feel like a Brooklyn townhouse!
Last Agent to Sell the Property
Azimuth Global Realty Inc Brokerage Phone: 914-674-4422 License #10311208704 Listed on: 08/06/2023
Last Buyer's Agent
Azimuth Global Realty Inc Brokerage Phone: 914-674-4422 License #10311208704 Listed on: 08/06/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,500
Year Built
- Built in 1900 | Remodeled in 2019
Lot Details
- 2,300 Sq Ft Lot
- No Common Walls
- Level Lot
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 2,667 Sq Ft Home
- ENERGY STAR Qualified Windows
- Wood Flooring
- Finished Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Location
- Property is near public transit
Schools
- Magnet Sch Of Math Science & Design Elementary School
- Newburgh Free Academy High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 331100-018-000-0009-014.000-0000
Community Details
Overview
- 3 Units
Recreation
- Park
Building Details
- 4 Separate Electric Meters
- 3 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2023
Closed on
Dec 4, 2023
Sold by
144 Tercera Corp
Bought by
Forgie Kadhri A
Seller's Agent
Michael Gibbons
Azimuth Global Realty Inc
Buyer's Agent
Michael Gibbons
Azimuth Global Realty Inc
List Price
$625,000
Sold Price
$660,000
Premium/Discount to List
$35,000
5.6%
Total Days on Market
7
Views
30
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
$41,936
Avg. Annual Appreciation
4.16%
Original Mortgage
$637,972
Outstanding Balance
$630,031
Interest Rate
7.5%
Mortgage Type
FHA
Estimated Equity
$71,905
Purchase Details
Closed on
Nov 4, 2016
Sold by
City Of Newburgh
Bought by
144 Tercera Corp
Similar Homes in Newburgh, NY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forgie Kadhri A | $660,000 | None Available | |
| 144 Tercera Corp | $3,605 | Joseph Lo Cascio |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Forgie Kadhri A | $637,972 | |
| Previous Owner | 144 Tercera Corp | $286,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2023 12/04/23 | Sold | $660,000 | 0.0% | $247 / Sq Ft |
| 08/24/2023 08/24/23 | Pending | -- | -- | -- |
| 08/18/2023 08/18/23 | Off Market | $660,000 | -- | -- |
| 08/16/2023 08/16/23 | For Sale | $625,000 | -- | $234 / 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 | $7,592 | $411,000 | $19,600 | $391,400 |
| 2022 | $8,407 | $380,200 | $9,600 | $370,600 |
| 2021 | $12,656 | $316,800 | $8,700 | $308,100 |
| 2020 | $2,533 | $268,500 | $8,700 | $259,800 |
| 2019 | $242 | $98,600 | $8,700 | $89,900 |
| 2018 | $242 | $10,300 | $9,300 | $1,000 |
| 2017 | $522 | $10,300 | $9,300 | $1,000 |
| 2016 | $533 | $10,300 | $9,300 | $1,000 |
| 2015 | -- | $10,300 | $9,300 | $1,000 |
| 2014 | -- | $13,500 | $9,300 | $4,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Gibbons
M
Seller's Agent in 2023
Michael Gibbons
Azimuth Global Realty Inc
(914) 674-4422
6 Total Sales
-
N
Buyer Co-Listing Agent in 2023
Non Non OneKey Agent
Non-Member MLS
Map
Source: OneKey® MLS
MLS Number: KEY6263389
APN: 331100-018-000-0009-014.000-0000
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