NOT LISTED FOR SALE

362 Washington St Newburgh, NY 12550

Estimated Value: $176,000 - $225,753

2 Beds
2 Baths
1,040 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $125,000 $120 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,494/month

64 Days on Market

About This Home

As of April 2022

Accepted offer. Investment opportunity with extra income potential from a portion of the property. This 2 unit investment property has long term tenants in place. Tenants pay utilities. Nice sized yard with fenced in area. Located directly across from Delano-Hitch Stadium. Downstairs unit has parking on a private driveway. Minutes to the Newburgh Beacon Bridge, and the Waterfront. Walk to restaurants, stores, and to Broadway. Backyard is partially fenced to create two separate areas. Part of the property that is behind the fence has potential for additional income. Great location in Newburgh with long term tenants. Good potential being across from a park. Showing times limited to after 5 on weekdays and weekends only when tenants are available.

Last Agent to Sell the Property

Nicole Gold

RE/MAX Benchmark Realty Group License #10401323014 Listed on: 09/29/2021

RE/MAX Benchmark Realty Group

Last Buyer's Agent

Igor Krasnoperov

Rising Star Realty License #10301212524

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,625

Year Built

  • Built in 1926

Lot Details

  • 8,298 Sq Ft Lot
  • No Common Walls

Interior Spaces

  • 1,040 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 331100-034-000-0003-038.000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,625

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1926
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 2
  • Living Area: 1040
  • SquareFootage: 1040.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Off Street, Other

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: South Middle School

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8298
  • Lot Size Units: Acres
  • Parcel Number: 331100-034-000-0003-038.000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 2

Tax Info

  • Tax Annual Amount: 3625
  • Tax Map Number: 331100-034-000-0003-038.000-0000
  • IncludedInTaxes: Sewer,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
Sep 29, 2021
Closed on
Apr 22, 2022
Sold by
Aderohunmu Rotimi
Bought by
364 Washington Llc
Seller's Agent
Nicole Gold
RE/MAX Benchmark Realty Group
Buyer's Agent
Igor Krasnoperov
Rising Star Realty
List Price
$179,000
Sold Price
$125,000
Premium/Discount to List
-$54,000
-30.17%
Current Estimated Value
$205,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,938
Avg. Annual Appreciation
15.38%

Purchase Details

Closed on
Sep 13, 2002
Sold by
Darrigan Robert J and Darrigan Marie R
Bought by
Aderohunmu Rotimi
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
364 Washington Llc $145,000 None Available
Aderohunmu Rotimi $36,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $125,000 -30.2% $120 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $179,000 -- $172 / 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 $4,826 $160,600 $51,800 $108,800
2023 $4,826 $146,000 $51,800 $94,200
2022 $5,004 $117,100 $22,400 $94,700
2021 $3,625 $93,700 $20,400 $73,300
2020 $3,903 $85,200 $20,400 $64,800
2019 $1,993 $84,800 $20,400 $64,400
2018 $1,993 $84,800 $24,800 $60,000
2017 $4,301 $84,800 $24,800 $60,000
2016 $4,387 $84,800 $24,800 $60,000
2015 -- $84,800 $24,800 $60,000
2014 -- $89,300 $24,800 $64,500
Source: Public Records

Agents Affiliated with this Home

  • Nicole Gold

    Seller's Agent in 2022

    Nicole Gold

    RE/MAX Benchmark Realty Group

    (845) 863-6523

    10 in this area

    68 Total Sales

    Nicole Gold
    Section Image

  • I

    Buyer's Agent in 2022

    Igor Krasnoperov

    Rising Star Realty

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6144124

OneKey® MLS

APN: 331100-034-000-0003-038.000-0000

New York Orange County Newburgh 12550

362 Washington St, Newburgh, NY

This home is located at 362 Washington St, Newburgh, NY 12550 since 29 September 2021 and is currently estimated at $205,938, approximately $198 per square foot. This property was built in 1926. 362 Washington St is a home located in Orange County with nearby schools including Newburgh Free Academy Main Campus, Little Harvard, and Bishop Dunn Memorial.

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