NOT LISTED FOR SALE

157 Chambers St Newburgh, NY 12550

Estimated Value: $273,759 - $632,000

6 Beds
3 Baths
2,640 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $275,000 $104 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,672/month

66 Days on Market

Highlights

  • Property is near public transit
  • Hot Water Heating System
  • 2-minute walk to Audrey Carey Park
  • Park
  • Level Lot

About This Home

As of June 2024

Accepted Offer. Enjoy a continuous stream of income in the growing rental market. Three Family home in C/Newburgh! Six bedrooms, three bathrooms. Located in Newburgh's East End Historic District close to all amenities including: restaurants and shops on Broadway, Liberty Street and the Waterfront. Near Downing Park, Mount Saint Mary College, Montefiore St. Luke's Hospital and more. 15 minutes to Beacon Metro-North train station & Stewart Airport, 75 min to NYC. Sold as-is. This won't last! Come join in Newburgh's renaissance!

Last Agent to Sell the Property

Kerly Scialpi

River Realty Services, Inc. Brokerage Phone: (845) 564-2800 License #40SC1112589 Listed on: 01/13/2024

Last Buyer's Agent

Kenny Bascon

Real Broker NY LLC License #10401317382

Real Broker NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,189

Year Built

  • Built in 1900

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Tri-Level Property

Interior Spaces

  • 2,640 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 331100.018.000-0004-010.000/0000

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,189

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: (845) 564-2800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Partial
  • Total Bedrooms: 6
  • Living Area: 2640
  • SquareFootage: 2640.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, On Street

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 331100.018.000-0004-010.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 6189
  • Tax Map Number: 331100.018.000-0004-010.000/0000

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
Jan 13, 2024
Closed on
Jun 7, 2024
Sold by
Gitonga Stephen
Bought by
Sspk Prop Mgmt Llc
Seller's Agent
Kerly Scialpi
River Realty Services, Inc.
Buyer's Agent
Kenny Bascon
Real Broker NY LLC
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Views
80
Current Estimated Value
$381,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,190
Avg. Annual Appreciation
30.69%
Original Mortgage
$209,500
Outstanding Balance
$207,161
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,029

Purchase Details

Closed on
May 6, 2010
Sold by
Federal National Mortgage Association
Bought by
Gitonga Stephen

Purchase Details

Closed on
Apr 19, 2010
Sold by
Federal National Mortgage Association
Bought by
Gitonga Stephen

Purchase Details

Closed on
May 4, 2009
Sold by
Referee Joseph Canino As
Bought by
Fannie Mae and Financial Freedom Sfc
Source: Public Records

Range of Values:

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Average Value
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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
Sspk Prop Mgmt Llc $275,000 None Available
Sspk Prop Mgmt Llc $275,000 None Available
Gitonga Stephen $36,000 Nydia Padilla-Basham
Gitonga Stephen $36,000 Nydia Padilla-Basham
Gitonga Stephen $36,000 Nydia Padilla-Barham Esq
Gitonga Stephen $36,000 Nydia Padilla-Barham Esq
Fannie Mae $120,414 Rosicki, Rosicki & Assoc
Fannie Mae $120,414 Rosicki, Rosicki & Assoc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sspk Prop Mgmt Llc $209,500
Closed Sspk Prop Mgmt Llc $209,500
Closed Sspk Prop Mgmt Llc $136,900
Previous Owner Carter Barry $313,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $275,000 -4.8% $104 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $289,000 0.0% $109 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/13/2024 01/13/24 For Sale $289,000 -- $109 / 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
2024 $7,139 $237,600 $23,200 $214,400
2023 $7,139 $216,000 $23,200 $192,800
2022 $4,730 $121,700 $11,200 $110,500
2021 $4,730 $101,400 $10,200 $91,200
2020 $3,573 $85,900 $10,200 $75,700
2019 $1,495 $70,000 $10,200 $59,800
2018 $1,495 $63,600 $10,900 $52,700
2017 $3,226 $63,600 $10,900 $52,700
2016 $3,357 $64,900 $10,900 $54,000
2015 -- $70,500 $10,900 $59,600
2014 -- $78,300 $10,900 $67,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6284591

OneKey® MLS

APN: 331100-018-000-0004-010.000-0000