NOT LISTED FOR SALE

389 1st St Newburgh, NY 12550

Estimated Value: $284,000 - $346,000

4 Beds
2 Baths
2,080 Sq Ft
$149/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $200,000 $96 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,161/month

27 Days on Market

Highlights

  • The property is located in a historic district
  • American Four Square Architecture
  • Porch
  • Property is near public transit
  • Main Floor Bedroom
  • Park

About This Home

As of December 2021

Calling all investors!! Two family in the heart of Newburgh on a tree lined street, bring your tool belt and your imagination and this can be your next best investment. live on one side, and rent the other, and live rent free! Large welcoming front porch that over looks the street and bustling community. Two bed and one bath in each unit of the duplex, also a full basement that is part of the first floor unit. The Home is need of rehab but it has great bones and an amazing location. Priced to sell, don't miss out on the opportunity to own in Newburgh for less then 200k, stop renting and start owning today!

Last Agent to Sell the Property

Brian Caplicki

Keller Williams Hudson Valley License #30CA0910752 Listed on: 10/19/2021

Keller Williams Hudson Valley

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1925

Lot Details

  • 2,500 Sq Ft Lot
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • American Four Square Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • 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
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 331100-028-000-0001-011.000-0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse, Foursquare
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 845-610-6065
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 1st Floor Bedrm
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 2080.00
  • Square Footage: 2080.00

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Patio and Porch Features: Porch

Garage/Parking

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

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Historic District, Near Public Transit
  • Parcel Number: 331100-028-000-0001-011.000-0000
  • Property Attached: Yes

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2021-12-21
  • Tax Annual Amount: 1800.00
  • Tax Map Number: 331100-028-000-0001-011.000-0000

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

Closed on
Oct 26, 2022
Sold by
Lake Wesley R
Bought by
Taylor Frank
Current Estimated Value
$309,710

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 20, 2021
Sold by
Kempf William H Est and Hablow
Bought by
389 First St Kg Llc
Seller's Agent
Brian Caplicki
Keller Williams Hudson Valley
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Original Mortgage
$225,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2021
Sold by
Kempf William H
Bought by
389 First St Kg Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Taylor Frank $200,000 None Available
Taylor Frank $200,000 None Available
389 First St Kg Llc $200,000 None Available
389 First St Kg Llc $200,000 None Available
389 First St Kg Llc $200,000 None Available
389 First St Kg Llc $200,000 Greenacre Abst
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 389 First St Kg Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2021 12/21/21 Sold $200,000 +0.1% $96 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $199,900 -- $96 / 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 $6,445 $214,500 $23,200 $191,300
2023 $6,445 $195,000 $23,200 $171,800
2022 $9,409 $220,200 $11,200 $209,000
2021 $7,921 $183,500 $10,200 $173,300
2020 $1,506 $159,600 $10,200 $149,400
2019 $1,427 $121,900 $10,200 $111,700
2018 $1,427 $121,900 $10,900 $111,000
2017 $1,498 $121,900 $10,900 $111,000
2016 $1,531 $123,900 $10,900 $113,000
2015 -- $123,900 $10,900 $113,000
2014 -- $123,900 $10,900 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6147567

OneKey® MLS

APN: 331100-028-000-0001-011.000-0000