NOT LISTED FOR SALE

371 Broadway Newburgh, NY 12550

Estimated Value: $355,541 - $436,000

5 Beds
2 Baths
1,708 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $310,000 $181 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,954/month

40 Days on Market

About This Home

As of August 2022

Fully renovated 2 family with first floor 2 bedroom 1 bath apt (VACANT) market rent is $1500.00 Second floor 2 bedroom 1 bath $1300! Small basement and small yard!

Last Agent to Sell the Property

Erin Connolly

Artisan Realty License #10311204764 Listed on: 03/17/2022

Co-Listed By

Kimberly Garrison

Artisan Realty License #10401359747

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,889

Year Built

  • Built in 1890

Lot Details

  • 2,252 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • 1,708 Sq Ft Home

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 331100-034-000-0002-005.000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,889

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1890
  • Attribution Contact: 845-721-2058
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Living Area: 1708.00
  • Square Footage: 1708.00

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 2252.00
  • Lot Size Units: Acres
  • Parcel Number: 331100-034-000-0002-005.000-0000
  • Property Attached: No

Tax Info

  • Close Date: 2022-08-30
  • Tax Annual Amount: 6889.00
  • Tax Map Number: 331100-034-000-0002-005.000-0000

Multi Family

  • Units Total: 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
Mar 17, 2022
Closed on
Aug 30, 2022
Sold by
Kaur Ravinder
Bought by
Hudson 371 Llc
Seller's Agent
Erin Connolly
Artisan Realty
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$394,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,135
Avg. Annual Appreciation
7.32%
Original Mortgage
$243,040
Outstanding Balance
$231,971
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$162,164

Purchase Details

Closed on
Jun 13, 2022
Sold by
Holmes Christopher and Holmes Lisa
Bought by
Caito Robert and Caito Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,320
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2019
Sold by
Lescaille-Cespedes Maria and Cespedes Maria
Bought by
Holmes Christopher and Holmes Lisa

Purchase Details

Listed on
Aug 20, 2014
Closed on
Dec 5, 2014
Sold by
North Plank Development Company Llc
Bought by
Kaur Ravinder
Seller's Agent
John Lease
John J Lease REALTORS Inc
Buyer's Agent
Dennis Barr
John J Lease REALTORS Inc
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.30%

Purchase Details

Closed on
Mar 29, 2000
Sold by
Contimortgage Corp
Bought by
North Plank Development Co Llc

Purchase Details

Closed on
Feb 26, 1998
Sold by
Stewart Alliance Corp
Bought by
Tomlins Robert H
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
Hudson 371 Llc $303,800 Fidelity National Title (Aka
Caito Robert $557,000 None Available
Holmes Christopher $400,000 Judicial Title Insurance Age
Kaur Ravinder $38,500 Steven Nesheiwat
North Plank Development Co Llc $30,000 --
Tomlins Robert H $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson 371 Llc $243,040
Previous Owner Caito Robert $438,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2022 08/30/22 Sold $310,000 -4.6% $181 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $325,000 +828.6% $190 / Sq Ft
12/10/2014 12/10/14 Sold $35,000 -30.0% $20 / Sq Ft View Prior Sale
11/18/2014 11/18/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $50,000 -- $29 / 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 $10,345 $330,000 $19,600 $310,400
2023 $10,345 $313,000 $19,600 $293,400
2022 $8,003 $187,300 $9,600 $177,700
2021 $6,988 $149,800 $8,700 $141,100
2020 $4,231 $136,200 $8,700 $127,500
2019 $1,269 $49,500 $8,700 $40,800
2018 $1,269 $49,500 $9,300 $40,200
2017 $2,511 $49,500 $9,300 $40,200
2016 $4,000 $49,500 $9,300 $40,200
2015 -- $49,500 $9,300 $40,200
2014 -- $52,100 $9,300 $42,800
Source: Public Records

Agents Affiliated with this Home

  • Erin Connolly

    Seller's Agent in 2022

    Erin Connolly

    Artisan Realty

    (845) 721-2058

    5 in this area

    218 Total Sales

    Erin Connolly
    Section Image
  • Kimberly Garrison

    Seller Co-Listing Agent in 2022

    Kimberly Garrison

    Artisan Realty

    (845) 287-9031

    4 in this area

    24 Total Sales

    Kimberly Garrison
    Section Image
  • John Lease

    Seller's Agent in 2014

    John Lease

    John J Lease REALTORS Inc

    (845) 565-4133

    2 in this area

    5 Total Sales

    John Lease
    Section Image
  • Dennis Barr

    Buyer's Agent in 2014

    Dennis Barr

    John J Lease REALTORS Inc

    (845) 527-5125

    12 in this area

    24 Total Sales

    Dennis Barr
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6170950

OneKey® MLS

APN: 331100-034-000-0002-005.000-0000

New York Orange County Newburgh 12550

371 Broadway, Newburgh, NY

Not Listed for Sale

MultiFamily

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