NOT LISTED FOR SALE

179 Carter St Newburgh, NY 12550

Estimated Value: $300,000 - $398,000

5 Beds
3 Baths
1,840 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $260,000 $141 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,546/month

132 Days on Market

Highlights

  • Panoramic View
  • Porch
  • Window Unit Cooling System
  • Cape Cod Architecture
  • Eat-In Kitchen
  • Baseboard Heating

About This Home

As of November 2022

Multi family cape in great location on quiet dead end street high above, in the City of Newburgh. Formally a three family (has 3 gas/3 electric meters) this income producing two family with 2 car detached garage has ample off street parking. 2-2 bed 1 bath and former studio apt (not rented, needs change of use from two to three family from the city.) Currently rented under market. With updated rents and possible third unit for occupancy, this will become a true win win win for the multi family investor.

Last Agent to Sell the Property

David Marcinak

Curasi Realty, Inc. License #10401352096 Listed on: 03/22/2022

Curasi Realty, Inc.

Last Buyer's Agent

David Marcinak

Curasi Realty, Inc. License #10401352096 Listed on: 03/22/2022

Curasi Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,872

Year Built

  • Built in 1920

Lot Details

  • 7,775 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • Panoramic Views
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Zoned Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 331100-021-000-0002-009.000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,872

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 845-457-9174
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, See Remarks, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 1840.00
  • Square Footage: 1840.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • View: Panoramic
  • Patio and Porch Features: Porch
  • View YN: Yes

Garage/Parking

  • Total Parking Spaces: 6.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Off Street

Utilities

  • Cooling: Zoned, Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Baseboard
  • 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
  • Middle School: South Middle School
  • High School: Newburgh Free Academy
  • Middle School: South Middle School

Lot Info

  • Lot Size Acres: 0.1800
  • Lot Size Area: 0.1800
  • Lot Size Sq Ft: 7775.00
  • Lot Size Units: Acres
  • Parcel Number: 331100-021-000-0002-009.000-0000
  • Property Attached: Yes

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2022-11-04
  • Tax Annual Amount: 8872.00
  • Tax Map Number: 331100-021-000-0002-009.000-0000

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 1
  • Two Bedrooms: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

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
Mar 22, 2022
Closed on
Oct 31, 2022
Sold by
Guastella Danielle
Bought by
179 Carter Kg Llc
Seller's Agent
David Marcinak
Curasi Realty, Inc.
Buyer's Agent
David Marcinak
Curasi Realty, Inc.
List Price
$315,000
Sold Price
$260,000
Premium/Discount to List
-$55,000
-17.46%
Views
13
Current Estimated Value
$348,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,890
Avg. Annual Appreciation
10.37%
Original Mortgage
$208,000
Outstanding Balance
$201,702
Interest Rate
7.08%
Mortgage Type
Commercial
Estimated Equity
$147,188

Purchase Details

Closed on
Feb 26, 2009
Sold by
Estate Of Scheer Daniel By
Bought by
Scheer Danielle

Purchase Details

Closed on
Jan 5, 2009
Sold by
Estate Of Scheer Sofia
Bought by
Scheer Danielle As and Executrix Of The Estate
Source: Public Records

Range of Values:

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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
179 Carter Kg Llc $260,000 Stewart Title
Scheer Danielle -- Ronald J Cohen
Scheer Danielle As -- Ronald J Cohen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 179 Carter Kg Llc $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $260,000 -7.1% $141 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
06/10/2022 06/10/22 Price Changed $279,900 -3.4% $152 / Sq Ft
05/23/2022 05/23/22 Price Changed $289,900 -1.7% $158 / Sq Ft
04/29/2022 04/29/22 Price Changed $295,000 -6.3% $160 / Sq Ft
03/22/2022 03/22/22 For Sale $315,000 -- $171 / 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 $8,593 $286,000 $46,400 $239,600
2023 $8,593 $260,000 $46,400 $213,600
2022 $10,234 $239,500 $20,800 $218,700
2021 $9,311 $199,600 $18,900 $180,700
2020 $7,544 $173,600 $18,900 $154,700
2019 $6,078 $131,400 $18,900 $112,500
2018 $6,078 $131,400 $22,900 $108,500
2017 $6,665 $131,400 $22,900 $108,500
2016 $7,180 $131,400 $22,900 $108,500
2015 -- $131,400 $22,900 $108,500
2014 -- $131,400 $22,900 $108,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6173615

OneKey® MLS

APN: 331100-021-000-0002-009.000-0000