NOT LISTED FOR SALE

244 1st St Newburgh, NY 12550

Estimated Value: $299,000 - $400,854

6 Beds
2 Baths
2,262 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $67,000 $30 Per Sq Ft

Est. 431% increase in value since last sale

Current estimated payment $2,182/month

24 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • 5-minute walk to Downing Park
  • Park
  • Level Lot

About This Home

As of August 2018

Here is a semi-attached 2-unit vintage building offering great potential. Several buildings in this area have already been rehabbed or are in process. Near transportation, hospital, waterfront, and walking distance to the restaurants and shops of Broadway. Here is your chance to get involved in the exciting revitalization of Newburgh. Offers w/financing must be accompanied by pre-qual letter and down payment proof of funds; cash offers w/proof of funds. Sold AS-IS. ***AGENTS MUST see confidential remarks and all MLS listing attachments for additional instructions***

Last Agent to Sell the Property

Igor Krasnoperov

Rising Star Realty Brokerage Phone: 914-243-4885 License #10311201130 Listed on: 07/10/2018

Last Buyer's Agent

Patricia Caplicki

Rising Star Realty License #10301216514

Rising Star Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,751 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,262 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 331100.022.000-0005-025.000/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

3,751 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 914-243-4885
  • Village: None
  • Hamlet: Newburgh
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Living Area: 2262
  • SquareFootage: 2262.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.0861
  • Lot Size Sq Ft: 3751
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 331100.022.000-0005-025.000/0000
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 6005
  • Tax Map Number: 331100.022.000-0005-025.000/0000
  • IncludedInTaxes: Trash

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
Jul 10, 2018
Closed on
Aug 13, 2018
Sold by
Fhlm
Bought by
Hudson 244 Llc
Seller's Agent
Igor Krasnoperov
Rising Star Realty
Buyer's Agent
Patricia Caplicki
Rising Star Realty
List Price
$39,900
Sold Price
$67,000
Premium/Discount to List
$27,100
67.92%
Current Estimated Value
$355,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,714
Avg. Annual Appreciation
24.82%

Purchase Details

Closed on
Feb 1, 2018
Sold by
Scott Mark and Scott Virginia A
Bought by
Fhlmc

Purchase Details

Closed on
Sep 11, 2000
Sold by
Thorpe Doreen J
Bought by
First Union National Bank

Purchase Details

Closed on
Oct 31, 1997
Sold by
Gat Properties Inc
Bought by
Thorpe Doreen J
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
Hudson 244 Llc $67,000 --
Fhlmc $45,920 --
First Union National Bank $24,000 --
Thorpe Doreen J $81,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2018 08/20/18 Sold $67,000 +67.9% $30 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $39,900 -- $18 / Sq Ft
Source: OneKey® MLS

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 $11,502 $348,000 $31,000 $317,000
2023 $11,502 $348,000 $31,000 $317,000
2022 $13,156 $307,900 $14,100 $293,800
2021 $11,970 $256,600 $12,800 $243,800
2020 $3,714 $78,500 $12,800 $65,700
2019 $1,777 $83,200 $12,800 $70,400
2018 $1,777 $75,600 $14,500 $61,100
2017 $4,261 $84,000 $14,500 $69,500
2016 $8,767 $85,700 $14,500 $71,200
2015 -- $93,100 $14,500 $78,600
2014 -- $103,400 $14,500 $88,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4831252

OneKey® MLS

APN: 331100-022-000-0005-025.000-0000

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