NOT LISTED FOR SALE

Estimated Value: $74,000 - $816,000

7 Beds
4 Baths
2,667 Sq Ft
$216/Sq Ft Est. Value

Sale Details

Date Sold: December 4, 2023

Last sale price $660,000 $247 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,870 / mo

7 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Hot Water Heating System
  • Property is near public transit
  • Park
  • 1-minute walk to Audrey Carey Park

About This Home

As of December 2023

Turn 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

Michael Gibbons

Azimuth Global Realty Inc Brokerage Phone: 914-674-4422 License #10311208704 Listed on: 08/06/2023

Last Buyer's Agent

Michael Gibbons

Azimuth Global Realty Inc Brokerage Phone: 914-674-4422 License #10311208704 Listed on: 08/06/2023

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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

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

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1900
  • Year Built Effective: 2019
  • Attribution Contact: 914-674-4422
  • Hamlet: Newburgh
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished
  • Total Bedrooms: 7
  • Living Area: 2667
  • Window Features: ENERGY STAR Qualified Windows
  • Owner Pays: Insurance
  • SquareFootage: 2667.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: On Demand
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No
  • AdditionalFeeDescription: LL electric meter
  • AdditionalFeeFrequency: Monthly

Fee Information

  • Trash Expense: 2000
  • AdditionalFeesYN: 1

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2300
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 331100-018-000-0009-014.000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 1500
  • Tax Map Number: 331100-018-000-0009-014.000-0000
  • IncludedInTaxes: Sewer

MLS Schools

  • Elementary School: Magnet Sch of Math Science & Design
  • High School: Newburgh Free Academy
  • Middle School District: Newburgh

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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%
Views
30
Current Estimated Value
$576,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,656
Avg. Annual Appreciation
-4.76%
Original Mortgage
$637,972
Outstanding Balance
$621,832
Interest Rate
7.5%
Mortgage Type
FHA
Estimated Equity
-$45,488

Purchase Details

Closed on
Nov 4, 2016
Sold by
City Of Newburgh
Bought by
144 Tercera Corp
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$660,000 None Available
144 Tercera Corp $3,605 Joseph Lo Cascio
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $637,972
Previous Owner 144 Tercera Corp $286,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,086 $497,300 $21,600 $475,700
2024 $7,592 $452,100 $19,600 $432,500
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

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Map

Source: OneKey® MLS

MLS Number: KEY6263389

OneKey® MLS

APN: 331100-018-000-0009-014.000-0000

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