NOT LISTED FOR SALE

2 Balmville Rd Newburgh, NY 12550

Estimated Value: $730,000 - $829,000

7 Beds
3 Baths
4,051 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 16, 2023

Last sale price $625,000 $154 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,217/month

78 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Property is near public transit
  • Gourmet Kitchen
  • Deck
  • Private Lot

About This Home

As of January 2023

SELLER OFFERING $10,000 AT CLOSING! Nestled on the west bank of the Hudson River in the historic Balmville NY, Story has it this sprawling Old Style Home began its journey in 1814 as one of the first "Poor Houses" in the Town of Newburgh. This forever home is perfect for an extended family (1st floor mother/daughter layout) or as a investment rental property and is located only a few minutes from the Beacon train station. Boasting over 4000 sq ft, this 7 Bedroom 3 Bathroom Old World Charmer has remarkable character and is perfect for entertaining both inside and out. Gleaming oak floors, exposed brick, original trim are featured throughout the stately rooms and cozy nooks, multiple fireplaces/wood stoves, with an endearing screened in porch and magnificent wrap around deck overlooking a private outdoor sanctuary. Spend your winters enjoying the seasonal Hudson River and Mount Beacon views from the tower in your private suite or basking in the hot tub and your summers diving into the oversized inground pool with friends and family. The property exudes the same maturity as the home featuring a lush landscape highlighted by Concord grape vines and wildberries perfect for homemade wine and jams. The Beacon Train Station is a minutes drive or ferry ride away being located 1.5 hours north of NYC. Nearby also awaits organic and "pick your own" farms, orchards, wineries, cideries, locally sourced restaurants, shops, live entertainment the Newburgh Yacht Club, the Hudson River waterfront, and is only a short walk to one of the oldest country clubs in the country. Currently has a first floor mother/daughter set up that a new owner could easily change if desired. This property truly needs to be toured to fully appreciate all that is being offered. Stop clicking and start dialing!

Last Agent to Sell the Property

Steve Esposito

HomeSmart Homes & Estates License #10301213803 Listed on: 09/29/2022

HomeSmart Homes & Estates

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,045

Year Built

  • Built in 1870

Lot Details

  • 0.52 Acre Lot
  • Back Yard Fenced
  • Private Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 4,051 Sq Ft Home
  • 3-Story Property
  • 5 Fireplaces
  • Entrance Foyer
  • Storage
  • Wood Flooring
  • Full Attic

Kitchen

  • Gourmet Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Outbuilding
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 334600-085-000-0001-009.000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,045

Year Built

Built in 1870

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: See Remarks, Colonial, Farmhouse
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1870
  • Attribution Contact: 845-547-0005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: 1st Floor Bedrm, Chefs Kitchen, Entrance Foyer, Kitchen Island, Original Details, Storage
  • Living Area Units: Square Feet
  • Fireplaces: 5
  • Attic Description: Full
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Inclusions: Ceiling Fan, Dishwasher, Dryer, Hot Tub, Light Fixtures, Mailbox, Microwave, Refrigerator, Shed, Washer
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 4051.00
  • Square Footage: 4051.00

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Frame, Wood Siding
  • Fencing: Back Yard
  • Pool Features: Inground Pool
  • Pool Private: Yes
  • Patio and Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway, Off Street, Private, Storage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Garbage Removal: Private
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.5200
  • Lot Size Sq Ft: 22852.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit, Private
  • Parcel Number: 334600-085-000-0001-009.000-0000
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-01-16
  • Tax Annual Amount: 12045.00
  • Tax Map Number: 334600-085-000-0001-009.000-0000

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
Sep 29, 2022
Closed on
Jan 13, 2023
Sold by
Riley Thomas J and Riley Julie A
Bought by
Campbell John R and Wampler Michele A
Seller's Agent
Steve Esposito
HomeSmart Homes & Estates
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$695,000
Sold Price
$625,000
Premium/Discount to List
-$70,000
-10.07%
Views
206
Current Estimated Value
$769,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,340
Avg. Annual Appreciation
7.45%
Original Mortgage
$468,750
Outstanding Balance
$453,472
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$315,868

Purchase Details

Closed on
Mar 26, 2015
Sold by
Riley and Riley Thomas
Bought by
Riley Jr. Thomas J and Riley Riley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Campbell John R $625,000 None Available
Campbell John R $625,000 None Available
Riley Jr. Thomas J -- Mary Breheney
Riley Jr. Thomas J -- Mary Breheney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell John R $468,750
Closed Campbell John R $468,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2023 01/16/23 Sold $625,000 0.0% $154 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
11/05/2022 11/05/22 Price Changed $625,000 -3.7% $154 / Sq Ft
10/25/2022 10/25/22 Price Changed $649,000 -6.6% $160 / Sq Ft
09/29/2022 09/29/22 For Sale $695,000 -- $172 / 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 $14,182 $131,200 $11,700 $119,500
2023 $14,182 $131,200 $11,700 $119,500
2022 $10,303 $92,700 $11,700 $81,000
2021 $10,349 $92,700 $11,700 $81,000
2020 $9,476 $92,700 $11,700 $81,000
2019 $3,226 $92,700 $11,700 $81,000
2018 $3,226 $92,700 $11,700 $81,000
2017 $9,571 $92,700 $11,700 $81,000
2016 $9,395 $92,700 $11,700 $81,000
2015 -- $92,700 $11,700 $81,000
2014 -- $92,700 $11,700 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6213127

OneKey® MLS

APN: 334600-085-000-0001-009.000-0000