NOT LISTED FOR SALE

231 3rd St Newburgh, NY 12550

Estimated Value: $314,000 - $388,000

4 Beds
2 Baths
2,034 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $332,000 $163 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,487/month

85 Days on Market

About This Home

As of October 2024

Wonderful location - right across from historic Dowing Park! Lots of upgrade in past 5 years. All utilities are separate and landlord pays minimal bills. Available as part of a 10 unit package. Bonus space - basement can be converted to 3rd apartment. This property is part of a ten unit investment portfolio in the city of Newburgh, NY. The owner has 4 additional duplex properties for sale including 32 Concord St. ($298,892), 34 Concord St. ($305,503), 61 Hasbrouck St. ($298,892) and 72 Hasbrouck St. ($375,573). Please inquire for additional property information, including financials.

Last Agent to Sell the Property

Penny Alper

Your Move Matters LLC Brokerage Phone: 845 9266400 License #10491200645 Listed on: 04/18/2024

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,360

Year Built

  • Built in 1890 | Remodeled in 2020

Lot Details

  • 3,576 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Meadow Hill Global Explorations Magnet Middle School
  • Newburgh Free Academy High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 331100-022-000-0002-006.000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,360

Year Built

Built in 1890 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Estimated
  • Year Built: 1890
  • Year Built Effective: 2020
  • Attribution Contact: 845 9266400
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 332000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 3896626.0658
  • CurrentPrice_By_BuildingAreaTotal: 163.22517
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame, Brick
  • Waterfront: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL

Lot Info

  • Lot Size Acres: 0.0821
  • Lot Size Sq Ft: 3576
  • Parcel Number: 331100-022-000-0002-006.000-0000
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities, See Remarks

Multi Family

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

Tax Info

  • Tax Annual Amount: 9360
  • Tax Year: 2023

MLS Schools

  • High School: Newburgh Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Oct 24, 2024
Sold by
Newburgh Cap Llc
Bought by
Silver Terrace Inc
Seller's Agent
Penny Alper
Your Move Matters LLC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$319,913
Sold Price
$332,000
Premium/Discount to List
$12,087
3.78%
Current Estimated Value
$353,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,347
Avg. Annual Appreciation
5.20%
Original Mortgage
$249,000
Outstanding Balance
$246,251
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$107,096

Purchase Details

Closed on
Jul 7, 2011
Sold by
Amtrust Reo I Llc
Bought by
Step Up Properties Llc

Purchase Details

Closed on
Sep 24, 2010
Sold by
Anthony S Colavita As Referee
Bought by
Amtrust Reo I Llc

Purchase Details

Closed on
May 25, 2007
Sold by
Rise Properties Llc
Bought by
Pacella Scott M

Purchase Details

Closed on
May 7, 2007
Sold by
Old Nbg Redevelopment
Bought by
Rise Properties Llc

Purchase Details

Closed on
Mar 26, 2004
Sold by
City Of Newburgh
Bought by
Old Newburgh Redev Partnersh

Purchase Details

Closed on
Mar 21, 1995
Sold by
Rosado Adalberto and Rosado Anna
Bought by
Moreno Gerardo
Source: Public Records
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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
Silver Terrace Inc $337,000 None Available
Silver Terrace Inc $337,000 None Available
Step Up Properties Llc $50,000 John Poggiolli Esq
Step Up Properties Llc $50,000 John Poggiolli Esq
Amtrust Reo I Llc $189,593 Steven J Baum Pc
Amtrust Reo I Llc $189,593 Steven J Baum Pc
Pacella Scott M $115,000 --
Pacella Scott M $115,000 --
Rise Properties Llc $35,000 Michael Kraiza
Rise Properties Llc $35,000 Michael Kraiza
Old Newburgh Redev Partnersh $2,000 Joseph Rones
Old Newburgh Redev Partnersh $2,000 Joseph Rones
Moreno Gerardo $110,000 --
Moreno Gerardo $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Terrace Inc $249,000
Closed Silver Terrace Inc $249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $332,000 +3.8% $163 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $319,913 -- $157 / 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 $7,668 $255,200 $28,400 $226,800
2023 $7,668 $232,000 $28,400 $203,600
2022 $10,182 $238,300 $13,200 $225,100
2021 $9,264 $198,600 $12,000 $186,600
2020 $6,501 $168,300 $12,000 $156,300
2019 $1,478 $115,700 $12,000 $103,700
2018 $1,478 $62,900 $13,300 $49,600
2017 $2,993 $59,000 $13,300 $45,700
2016 $3,005 $58,100 $13,300 $44,800
2015 -- $63,200 $13,300 $49,900
2014 -- $63,200 $13,300 $49,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6301894

OneKey® MLS

APN: 331100-022-000-0002-006.000-0000