NOT LISTED FOR SALE

175 Gidney Ave Newburgh, NY 12550

Estimated Value: $407,000 - $481,000

5 Beds
3 Baths
2,530 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $75,000 $30 Per Sq Ft

Est. 501% increase in value since last sale

Current estimated payment $2,812/month

221 Days on Market

About This Home

As of June 2014

Calling All Investors! Looking for a project with historical value as well as a solid investment. Legal 3 family next to beautiful Downing Park where they have the farmers market. This property was once a church which can be seen in the archs in the window. Property needs work inside and out but with the right vision this property can be gold.

Last Agent to Sell the Property

Harold De Cara

Arrowhead Realty Brokerage Phone: 845-565-4444 License #10301201044 Listed on: 10/30/2013

Last Buyer's Agent

Bruna Rondinelli

River Realty Services, Inc. License #10301202201

River Realty Services, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,664 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,530 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Oil

Community Details

  • 3 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • Assessor Parcel Number 331100.017.000-0004-004.100/0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: 845-565-4444
  • Village: None
  • Hamlet: Newburgh City
  • MaintenanceRepairsExpense: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 5
  • Living Area: 2530
  • Owner Pays: Insurance
  • SquareFootage: 2530.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Detached, 3 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: See Remarks
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.1530
  • Lot Size Sq Ft: 6664
  • Lot Size Units: Acres
  • Parcel Number: 331100.017.000-0004-004.100/0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 8567
  • Tax Map Number: 331100.017.000-0004-004.100/0000

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
Oct 30, 2013
Closed on
Jun 20, 2014
Sold by
Gironda Bernadette
Bought by
Gidney Enterprises Llc
Seller's Agent
Harold De Cara
Arrowhead Realty
Buyer's Agent
Bruna Rondinelli
River Realty Services, Inc.
List Price
$115,000
Sold Price
$75,000
Premium/Discount to List
-$40,000
-34.78%
Current Estimated Value
$451,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,000
Avg. Annual Appreciation
17.11%
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
Gidney Enterprises Llc $75,000 David Russell
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2014 06/20/14 Sold $75,000 -34.8% $30 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
10/30/2013 10/30/13 For Sale $115,000 -- $45 / 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 $15,204 $460,000 $42,400 $417,600
2023 $15,204 $460,000 $42,400 $417,600
2022 $10,259 $240,100 $18,900 $221,200
2021 $9,334 $200,100 $17,200 $182,900
2020 $7,986 $194,300 $17,200 $177,100
2019 $3,624 $154,200 $17,200 $137,000
2018 $3,624 $154,200 $20,500 $133,700
2017 $7,821 $154,200 $20,500 $133,700
2016 $6,746 $130,400 $20,500 $109,900
2015 -- $130,400 $20,500 $109,900
2014 -- $154,500 $20,500 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY553657

OneKey® MLS

APN: 331100-017-000-0004-004.100-0000