NOT LISTED FOR SALE

157 Renwick St Newburgh, NY 12550

Estimated Value: $293,000 - $334,000

6 Beds
2 Baths
2,118 Sq Ft
$149/Sq Ft Est. Value

Last Sold January 08, 2018

Last sale price $114,900 $54 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $2,501/month

37 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • Formal Dining Room
  • Patio

About This Home

As of January 2018

This is a perfect opportunity to get into the rental investment business or to purchase a home and use the rental income to pay your mortgage. Extremely well maintained 2 family brick home in Newburgh. Home is attached on one side. Tenants pay for their own utilities (separate meters) heating, hot water, and electric. Landlord pays for insurance, water and sewer. Owner has updated the electric, furnace, windows, paint and so much more. Both units are currently occupied. First floor is 3 bedrooms and 1 bath, this unit has access to the backyard, upstairs unit is 3 bedrooms and 1 bath. Spacious basement is currently not used. Commuters dream 60 miles to NYC, close to 84, 87, 17 trains and bus to NYC, Beacon Bridge, Stewart, West Point, Mount Saint Mary College, St Luke's Cornwall Hospital, and Orange Regional Medical Center.

Last Agent to Sell the Property

Sandra Spector

Howard Hanna Rand Realty Brokerage Phone: 845-562-0050 License #10401204890 Listed on: 10/25/2017

Howard Hanna Rand Realty

Last Buyer's Agent

Joel Jeremias

Sage Realty Center LLC License #10491211896

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,626

Year Built

  • Built in 1900 | Remodeled in 2012

Lot Details

  • 2,483 Sq Ft Lot
  • No Common Walls

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,118 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 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

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 331100.045.000-0011-005.000/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,626

Year Built

Built in 1900 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1900
  • Year Built Effective: 2012
  • Attribution Contact: 845-562-0050
  • Hamlet: Newburgh
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Living Area: 2118
  • SquareFootage: 2118.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Patio

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water, Steam
  • 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 Dimensions: 0.0570
  • Lot Size Sq Ft: 2483
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 331100.045.000-0011-005.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 3626
  • Tax Map Number: 331100.045.000-0011-005.000/0000
  • IncludedInTaxes: Trash

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
Oct 25, 2017
Closed on
Jan 4, 2018
Sold by
Mosquera Micaela
Bought by
Franczoz Brenda
Seller's Agent
Sandra Spector
Howard Hanna Rand Realty
Buyer's Agent
Joel Jeremias
Sage Realty Center LLC
List Price
$114,900
Sold Price
$114,900
Total Days on Market
37
Current Estimated Value
$316,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,531
Avg. Annual Appreciation
12.87%

Purchase Details

Listed on
Sep 13, 2012
Closed on
Jan 9, 2013
Sold by
Buxton Eric
Bought by
Mosquera Micaela
Seller's Agent
Hari Drayton
Epiphany Realty LLC
Buyer's Agent
Sandra Spector
Howard Hanna Rand Realty
List Price
$65,000
Sold Price
$58,000
Premium/Discount to List
-$7,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%

Purchase Details

Closed on
Mar 2, 2001
Sold by
Denisi Frances
Bought by
Buxton Eric L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,422
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 1994
Sold by
Va
Bought by
Denisi Frances
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
Franczoz Brenda $114,900 --
Mosquera Micaela $58,000 Lynn Piscopo
Buxton Eric L $63,830 --
Denisi Frances $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buxton Eric L $62,422
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2018 01/08/18 Sold $114,900 0.0% $54 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $114,900 0.0% $54 / Sq Ft
05/11/2013 05/11/13 Rented $1,100 -4.3% --
04/11/2013 04/11/13 Under Contract -- -- --
03/11/2013 03/11/13 For Rent $1,150 0.0% --
01/09/2013 01/09/13 Sold $58,000 -10.8% $27 / Sq Ft
11/29/2012 11/29/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $65,000 -- $31 / 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 $9,321 $282,000 $23,200 $258,800
2022 $8,025 $187,800 $11,200 $176,600
2021 $7,300 $156,500 $10,200 $146,300
2020 $5,099 $132,600 $10,200 $122,400
2019 $2,501 $90,200 $10,200 $80,000
2018 $2,501 $90,200 $10,900 $79,300
2017 $3,556 $70,100 $10,900 $59,200
2016 $3,626 $70,100 $10,900 $59,200
2015 -- $73,800 $10,900 $62,900
2014 -- $82,000 $10,900 $71,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4742236

OneKey® MLS

APN: 331100-045-000-0011-005.000-0000