NOT LISTED FOR SALE

40 Carpenter Ave Newburgh, NY 12550

Estimated Value: $304,019 - $345,000

5 Beds
3 Baths
2,046 Sq Ft
$160/Sq Ft Est. Value

Last Sold September 05, 2018

Last sale price $177,000 $87 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,366/month

23 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • 5-minute walk to Downing Park

About This Home

As of September 2018

Well maintained townhouse awaits your final touches! A two-unit townhouse with the potential to be converted into three units, plus a sizable backyard to enjoy. One studio apartment plus one duplex apartment with 3 bedrooms. Full basement with concrete floor could be used as workshop, laundry area, etc. Seller has maintained the building well and many charming historical features remain: original moulding, mantels, staircase, etc. Come see what this home has to offer!

Last Agent to Sell the Property

Sarah Beckham

ReAttached Brokerage Phone: 845-675-8380 License #10491209114 Listed on: 06/11/2018

Last Buyer's Agent

Laura Lacertosa

Century 21 Alliance Rlty Group License #10401283892

Century 21 Alliance Rlty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,540

Year Built

  • Built in 1880

Lot Details

  • 3,123 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,046 Sq Ft Home
  • Basement Fills Entire Space Under The House

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
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 331100.029.000-0003-031.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,540

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1880
  • Attribution Contact: 845-675-8380
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 5
  • Living Area: 2046
  • SquareFootage: 2046.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

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: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.0717
  • Lot Size Sq Ft: 3123
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 331100.029.000-0003-031.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 1

Tax Info

  • Tax Annual Amount: 6540
  • Tax Map Number: 331100.029.000-0003-031.000/0000

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
Nov 12, 2024
Sold by
Newburgh Homes Ny Llc
Bought by
3 Newburgh Prop Llc
Current Estimated Value
$326,505

Purchase Details

Closed on
Jun 28, 2023
Sold by
Drumm 40 Carpenter Inc
Bought by
Newburgh Homes Ny Llc

Purchase Details

Closed on
Oct 18, 2019
Sold by
Drumm Realty Corp
Bought by
Drumm 40 Carpenter Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2019
Sold by
Drumm Realty Corp
Bought by
Drumm 40 Carpenter Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2018
Closed on
Aug 13, 2018
Sold by
Castro Julia G
Bought by
Drumm Realty Corp
Seller's Agent
Sarah Beckham
ReAttached
Buyer's Agent
Laura Lacertosa
Century 21 Alliance Rlty Group
List Price
$185,000
Sold Price
$177,000
Premium/Discount to List
-$8,000
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Jan 19, 2010
Sold by
Deutsche Bank Trust Compa
Bought by
Castro Julia

Purchase Details

Closed on
Aug 22, 2008
Sold by
Gubits David As Referee
Bought by
Deutsche Bank National Trust Company As

Purchase Details

Closed on
Jan 17, 2006
Sold by
Mann James
Bought by
Fung David R

Purchase Details

Closed on
Apr 4, 2005
Sold by
Rogers Arlene
Bought by
Mann James M

Purchase Details

Closed on
Apr 14, 2004
Sold by
Young Stanley
Bought by
Rogers Arlene

Purchase Details

Closed on
Jun 20, 2002
Sold by
Bombonato Angelica
Bought by
Young Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,800
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
3 Newburgh Prop Llc -- None Available
3 Newburgh Prop Llc -- None Available
Newburgh Homes Ny Llc -- None Available
Newburgh Homes Ny Llc -- None Available
Newburgh Homes Ny Llc -- None Available
Drumm 40 Carpenter Inc -- None Available
Drumm 40 Carpenter Inc -- None Available
Drumm 40 Carpenter Inc -- None Available
Drumm 40 Carpenter Inc -- --
Drumm 40 Carpenter Inc -- --
Drumm 40 Carpenter Inc -- --
Drumm Realty Corp $177,000 --
Drumm Realty Corp $177,000 --
Drumm Realty Corp $177,000 --
Castro Julia $40,000 M Justin Rider
Castro Julia $40,000 M Justin Rider
Deutsche Bank National Trust Company As $500 Fein, Such & Crane Llp
Deutsche Bank National Trust Company As $500 Fein, Such & Crane Llp
Fung David R $185,000 Jeffrey R. Otto
Fung David R $185,000 Jeffrey R. Otto
Mann James M $170,000 Marc Kerchman
Mann James M $170,000 Marc Kerchman
Rogers Arlene $125,000 Robert D Bring
Rogers Arlene $125,000 Robert D Bring
Young Stanley $83,500 --
Young Stanley $83,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drumm 40 Carpenter Inc $147,000
Previous Owner Drumm 40 Carpenter Inc $120,000
Previous Owner Young Stanley $24,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2018 09/05/18 Sold $177,000 -4.3% $87 / Sq Ft
06/10/2018 06/10/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $185,000 -- $90 / 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 $7,932 $264,000 $25,800 $238,200
2023 $7,932 $240,000 $25,800 $214,200
2022 $11,195 $262,000 $12,200 $249,800
2021 $10,183 $218,300 $11,100 $207,200
2020 $6,479 $185,000 $11,100 $173,900
2019 $2,106 $98,600 $11,100 $87,500
2018 $2,106 $89,600 $12,100 $77,500
2017 $3,809 $75,100 $12,100 $63,000
2016 $6,582 $74,200 $12,100 $62,100
2015 -- $80,600 $12,100 $68,500
2014 -- $89,500 $12,100 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4822495

OneKey® MLS

APN: 331100-029-000-0003-031.000-0000