NOT LISTED FOR SALE

271 3rd St Newburgh, NY 12550

Estimated Value: $336,000 - $518,000

6 Beds
2 Baths
2,352 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $250,000 $106 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,406/month

62 Days on Market

Highlights

  • Water Views
  • Arts and Crafts Architecture
  • Hot Water Heating System
  • The property is located in a historic district
  • Marble Countertops
  • 3-minute walk to Downing Park

About This Home

As of February 2019

Accepted offer. downstairs apt available only to excellent tenant,, no more showings for sale. Best location on Downing Park, block between robinson and carpenter with best park views. Apts are well kept with wood floors, pleasant kitchens, formal dining and vintage tile bath. basement has separate w/d hookups for each apt. and storage.

Last Agent to Sell the Property

Dawn Vasek

Your Move Matters LLC License #10301217510 Listed on: 08/17/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 1900

Lot Details

  • 4,718 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Property Views

  • Water
  • Panoramic

Home Design

  • Arts and Crafts Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • Marble Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Location

  • The property is located in a historic district

Schools

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

Utilities

  • No Cooling
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 331100.022.000-0001-009.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,500

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story, Arts&Crafts
  • Property SubType: Multi Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Marble Countertops
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2352.00
  • Square Footage: 2352.00

Exterior Features

  • Construction Materials: Brick
  • View: Panoramic, Water
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Dimensions: 0.1083
  • Lot Size Sq Ft: 4718.00
  • Lot Size Units: Acres
  • Lot Features: Historic District, Level
  • Parcel Number: 331100.022.000-0001-009.000/0000
  • Property Attached: Yes

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2019-02-11
  • Tax Annual Amount: 4500.00
  • Tax Map Number: 331100.022.000-0001-009.000/0000

Multi Family

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

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
Aug 17, 2018
Closed on
Jan 11, 2019
Sold by
Vacek Dawn
Bought by
Macdonald Ian A
Seller's Agent
Dawn Vasek
Your Move Matters LLC
List Price
$239,900
Sold Price
$250,000
Premium/Discount to List
$10,100
4.21%
Current Estimated Value
$455,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,354
Avg. Annual Appreciation
9.01%
Original Mortgage
$200,000
Outstanding Balance
$175,841
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$279,513

Purchase Details

Closed on
Oct 24, 2016
Sold by
Mahan James B
Bought by
Vacek Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2000
Sold by
Ummel Regina C and Devasto Regina C
Bought by
Oshea Sean D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Macdonald Ian A $250,000 --
Vacek Dawn -- Dawn Vacek
Oshea Sean D $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald Ian A $200,000
Previous Owner Vacek Dawn $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2019 02/11/19 Sold $250,000 +4.2% $106 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $239,900 -- $102 / 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 $12,593 $419,100 $33,600 $385,500
2023 $12,593 $381,000 $33,600 $347,400
2022 $13,246 $310,000 $15,100 $294,900
2021 $14,284 $306,200 $13,700 $292,500
2020 $10,499 $259,500 $13,700 $245,800
2019 $1,723 $198,800 $13,700 $185,100
2018 $1,723 $73,300 $15,700 $57,600
2017 $2,861 $56,400 $15,700 $40,700
2016 $4,009 $77,500 $15,700 $61,800
2015 -- $84,200 $15,700 $68,500
2014 -- $93,500 $15,700 $77,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4838835

OneKey® MLS

APN: 331100-022-000-0001-009.000-0000