NOT LISTED FOR SALE

28 Carter St Newburgh, NY 12550

Estimated Value: $361,801 - $389,000

5 Beds
3 Baths
2,662 Sq Ft
$140/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $290,000 $109 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,803/month

31 Days on Market

Highlights

  • Property is near public transit
  • Instant Hot Water
  • 4-minute walk to Downing Park
  • Park
  • Baseboard Heating

About This Home

As of February 2022

This brick building needs some TLC to bring it to the next level, but is solid. Features a great back yard. All tenants are current. First floor was rented out this year and had new floors installed and fresh paint. The top two floors have been occupied by the same families for 5+ years. These units can use cosmetic updates. Heating system is sub metered so tenants pay and it is a mixture of electric baseboard and gas space heaters. Tenants pay cooking has and hot water and electric as well. Building is being sold AS IS. Drive by and see for yourself! Many amenities near property including Downing Park, colleges, downtown arts district, cafes, bodegas, local farmers markets and waterfront are blocks away! Big box stores within few miles.

Last Agent to Sell the Property

Dan Gilbert

Brick and Mortar RE LLC License #10491208757 Listed on: 10/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,657

Year Built

  • Built in 1900

Lot Details

  • 3,598 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • 2,662 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Instant Hot Water
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 331100-022-000-0002-024.000-0000

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,657

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 845-283-3561
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2662.00
  • Square Footage: 2662.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Electric, Natural Gas, Baseboard, See Remarks
  • Hot Water: On Demand
  • Heating Zones: 3
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 2000.00
  • Trash Expense: 1330.00

Schools

  • Elementary School: Magnet Sch of Math Science & Design
  • Middle School: Call Listing Agent
  • High School: Newburgh Free Academy
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0800
  • Lot Size Area: 0.0800
  • Lot Size Sq Ft: 3598.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 331100-022-000-0002-024.000-0000
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-10-25
  • Tenant Pays: Cooking Gas, Electricity, Heat

Tax Info

  • Close Date: 2022-02-02
  • Tax Annual Amount: 6657.00
  • Tax Map Number: 331100-022-000-0002-024.000-0000

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 1
  • Two Bedrooms: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

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
Oct 16, 2021
Closed on
Jan 27, 2022
Sold by
28 Carter Fvg Llc
Bought by
Muller Moshe
Seller's Agent
Dan Gilbert
Brick and Mortar RE LLC
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$373,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,450
Avg. Annual Appreciation
7.11%
Original Mortgage
$217,500
Outstanding Balance
$201,965
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,485

Purchase Details

Closed on
Dec 15, 2009
Sold by
Gangi Lawrence
Bought by
28 Carter Fvg Llc

Purchase Details

Closed on
Mar 16, 2006
Sold by
Downing Danielle
Bought by
Dlm Murphy Properties Llc

Purchase Details

Closed on
Sep 12, 2003
Sold by
Wiggins Pamela
Bought by
Downing Danielle

Purchase Details

Closed on
Feb 3, 1997
Sold by
Samuel John and Samuel Aleyamma
Bought by
Gff Holding Corp
Source: Public Records

Range of Values:

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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
Muller Moshe $290,000 None Available
Muller Moshe $290,000 None Available
Muller Moshe $290,000 None Available
28 Carter Fvg Llc -- Shawn R O'Connor
Gangi Lawrence $67,000 Shawn O'Connor
28 Carter Fvg Llc -- Shawn R O'Connor
Dlm Murphy Properties Llc -- Christopher Kleister
Dlm Murphy Properties Llc -- Christopher Kleister
Downing Danielle $105,000 Richard L. Parker
Downing Danielle $105,000 Richard L. Parker
Gff Holding Corp $37,500 --
Gff Holding Corp $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muller Moshe $217,500
Closed Muller Moshe $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2022 02/02/22 Sold $290,000 0.0% $109 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
10/25/2021 10/25/21 Off Market $290,000 -- --
10/16/2021 10/16/21 For Sale $290,000 -- $109 / 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 $9,783 $325,600 $28,400 $297,200
2023 $9,783 $296,000 $28,400 $267,600
2022 $9,106 $213,100 $13,200 $199,900
2021 $8,285 $177,600 $12,000 $165,600
2020 $6,232 $150,500 $12,000 $138,500
2019 $2,595 $121,400 $12,000 $109,400
2018 $2,595 $110,400 $13,300 $97,100
2017 $5,219 $102,900 $13,300 $89,600
2016 $5,323 $102,900 $13,300 $89,600
2015 -- $111,900 $13,300 $98,600
2014 -- $111,900 $13,300 $98,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6149219

OneKey® MLS

APN: 331100-022-000-0002-024.000-0000