2 Wood Terrace Newburgh, NY 12550
3
Beds
2
Baths
1,485
Sq Ft
0.46
Acres
Highlights
- Deck
- Wood Flooring
- Heat Pump System
- Ranch Style House
- Video Cameras
About This Home
As of December 2024Discover effortless living in this meticulously renovated ranch home located in the coveted Balmville section of the Town of Newburgh. Designed with ADA accessibility in mind, this picture-perfect residence has undergone approximately $120,000 in renovations over the past few years, including new heat pump system for heat and AC, new appliances, new primary bath and new windows, ensuring comfort and convenience for all.
Step inside to find a thoughtfully redesigned layout that includes accessible bedrooms, a master bath, and a kitchen tailored to ADA standards—making daily living both functional and stylish. The spacious deck offers a serene retreat overlooking the corner lot, framed by mature trees that provide shade and privacy.
A full unfinished basement provides ample storage space or potential for further customization to suit your needs. Whether you envision a workshop, home gym, or recreation area, the possibilities are endless.
Located in the sought-after Balmville neighborhood, this home combines the charm of suburban living with the convenience of nearby amenities. Enjoy peaceful walks or outdoor activities in this picturesque community, all while being just a short drive from shopping, dining, and major transportation routes.
Last Agent to Sell the Property
eXp Realty License #10301222045 Listed on: 07/25/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,369
Year Built
- Built in 1960
Parking
- Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,485 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Video Cameras
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Meadow Hill Global Explorations Magnet Middle School
- Newburgh Free Academy High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heat Pump System
- Electric Water Heater
Additional Features
- Deck
- 0.46 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 334600-077-000-0007-009.000-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2024
Closed on
Nov 25, 2024
Sold by
Banning Tamara
Bought by
Williams Troy
Seller's Agent
Virginia Corbett
eXp Realty
Buyer's Agent
MaryAnn Barnhart
HomeSmart Homes & Estates
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,182
Avg. Annual Appreciation
4.20%
Original Mortgage
$420,000
Outstanding Balance
$418,203
Interest Rate
6.84%
Mortgage Type
VA
Estimated Equity
$13,540
Purchase Details
Listed on
Jun 9, 2022
Closed on
Sep 27, 2022
Sold by
Christensen Anthony W and Turkmen Ozgur
Bought by
Banning Noah and Banning Tamara
Seller's Agent
Gina De Cerbo
RE/MAX Benchmark Realty Group
List Price
$320,000
Sold Price
$344,500
Premium/Discount to List
$24,500
7.66%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$275,600
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 23, 2007
Sold by
Quicksell Helen
Bought by
Turkmen Ozgur
Similar Homes in Newburgh, NY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $420,000 | None Available | |
| Deed | $420,000 | None Available | |
| Deed | $344,500 | None Available | |
| Deed | $344,500 | None Available | |
| Deed | $344,500 | None Available | |
| Deed | $262,900 | Fredric Rabinowe | |
| Deed | $262,900 | Fredric Rabinowe |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | VA | |
| Previous Owner | $275,600 | Purchase Money Mortgage | |
| Previous Owner | $209,170 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/09/2024 12/09/24 | Sold | $420,000 | -3.4% | $283 / Sq Ft |
| 10/10/2024 10/10/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | For Sale | $435,000 | +26.3% | $293 / Sq Ft |
| 09/27/2022 09/27/22 | Sold | $344,500 | 0.0% | $232 / Sq Ft |
| 07/26/2022 07/26/22 | Pending | -- | -- | -- |
| 06/27/2022 06/27/22 | Off Market | $344,500 | -- | -- |
| 06/09/2022 06/09/22 | For Sale | $320,000 | -- | $215 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $6,423 | $60,750 | $11,000 | $49,750 |
| 2022 | $6,406 | $58,900 | $11,000 | $47,900 |
| 2021 | $6,432 | $58,900 | $11,000 | $47,900 |
| 2020 | $5,813 | $58,900 | $11,000 | $47,900 |
| 2019 | $2,174 | $58,900 | $11,000 | $47,900 |
| 2018 | $2,174 | $58,900 | $11,000 | $47,900 |
| 2017 | $5,623 | $58,900 | $11,000 | $47,900 |
| 2016 | $5,839 | $58,900 | $11,000 | $47,900 |
| 2015 | -- | $58,900 | $11,000 | $47,900 |
| 2014 | -- | $58,900 | $11,000 | $47,900 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Virginia Corbett
eXp Realty
(845) 393-6876
82 in this area
643 Total Sales
-
S
Seller Co-Listing Agent in 2024
ShaQuille Brown
eXp Realty
1 in this area
21 Total Sales
-
M
Buyer's Agent in 2024
MaryAnn Barnhart
HomeSmart Homes & Estates
(845) 913-6256
4 in this area
11 Total Sales
-
Seller's Agent in 2022
Gina De Cerbo
RE/MAX Benchmark Realty Group
(914) 213-3363
75 in this area
177 Total Sales
-
P
Seller Co-Listing Agent in 2022
Patricia Bramall
RE/MAX Benchmark Realty Group
Map
Source: OneKey® MLS
MLS Number: H6318573
APN: 334600-077-000-0007-009.000-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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