NOT LISTED FOR SALE

150 3rd St Newburgh, NY 12550

Estimated Value: $292,000 - $355,000

7 Beds
2 Baths
2,890 Sq Ft
$112/Sq Ft Est. Value

Last Sold January 29, 2020

Last sale price $134,000 $46 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,339/month

127 Days on Market

Highlights

  • Hot Water Heating System
  • Heating System Uses Steam
  • 3-minute walk to Audrey Carey Park

About This Home

As of January 2020

Great opportunity to own a brick two-family home with good sized apartments. Minutes to the Newburgh waterfront, shops and restaurants. Be a part of the Newburgh Renaissance. Sold as-is. Buyer to pay NYS Transfer Tax.

Last Agent to Sell the Property

Desiree Beecham

River Realty Services, Inc. License #30BE1009603 Listed on: 08/22/2019

Co-Listed By

Lee Raphael

River Realty Services, Inc. License #10311204404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,227

Year Built

  • Built in 1905

Lot Details

  • 3,149 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,890 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Schools

  • Magnet Sch Of Math Science & Design Elementary School
  • Newburgh Free Academy High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 331100.018.000-0010-008.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,227

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 7
  • Living Area: 2890.00
  • Square Footage: 2890.00

Exterior Features

  • Construction Materials: Frame, Brick
  • View YN: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water, Steam
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Size Area: 0.0700
  • Lot Dimensions: 0.0723
  • Lot Size Sq Ft: 3149.00
  • Lot Size Units: Acres
  • Parcel Number: 331100.018.000-0010-008.000/0000
  • Property Attached: No

Tax Info

  • Close Date: 2020-01-29
  • Tax Annual Amount: 3227.00
  • Tax Map Number: 331100.018.000-0010-008.000/0000

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Jan 8, 2020
Sold by
Bank Of America Na
Bought by
Dwight D Johns Inc
Seller's Agent
Desiree Beecham
River Realty Services, Inc.
List Price
$99,900
Sold Price
$134,000
Premium/Discount to List
$34,100
34.13%
Current Estimated Value
$322,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,613
Avg. Annual Appreciation
18.09%

Purchase Details

Closed on
Feb 18, 2016
Sold by
Michael Catania As Referee
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 19, 2008
Sold by
129 Meserole Street Llc
Bought by
Mancini Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,653
Interest Rate
5.2%

Purchase Details

Closed on
Apr 6, 2006
Sold by
Newburgh Estates Llc
Bought by
129 Merserole St Llc

Purchase Details

Closed on
Feb 24, 2005
Sold by
Newburgh Estates Llc
Bought by
129 Meserole Street Llc

Purchase Details

Closed on
Mar 17, 2003
Sold by
Diaz Reinaldo
Bought by
Newburgh Estates Llc

Purchase Details

Closed on
Sep 26, 1996
Sold by
Pesetzky Irving B
Bought by
Pesetzky Irving B and The Irving B Pesetzky Revocabl
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dwight D Johns Inc $140,700 None Available
Bank Of America Na $481,903 Leopold & Assoc Pllc
Mancini Thomas $310,000 Laura Browne
129 Merserole St Llc $160,000 Owen Wincig, Esq
129 Meserole Street Llc $160,000 Owen Wincig
Newburgh Estates Llc $150,000 Jeffrey Otto
Pesetzky Irving B -- --
Pesetzky Irving B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mancini Thomas $299,653
Previous Owner Diaz Reinaldo $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2020 01/29/20 Sold $134,000 +49.1% $46 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
12/02/2019 12/02/19 Price Changed $89,900 -10.0% $31 / Sq Ft
11/25/2019 11/25/19 For Sale $99,900 0.0% $35 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $99,900 -- $35 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

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 $6,974 $211,000 $25,800 $185,200
2022 $4,683 $109,600 $12,200 $97,400
2021 $4,259 $91,300 $11,100 $80,200
2020 $3,524 $77,400 $11,100 $66,300
2019 $2,370 $71,500 $11,100 $60,400
2018 $2,370 $65,000 $12,100 $52,900
2017 $3,804 $75,000 $12,100 $62,900
2016 $4,475 $75,000 $12,100 $62,900
2015 -- $81,500 $12,100 $69,400
2014 -- $90,600 $12,100 $78,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY5034330

OneKey® MLS

APN: 331100-018-000-0010-008.000-0000