NOT LISTED FOR SALE

40 Chestnut Ln Newburgh, NY 12550

Estimated Value: $357,717 - $400,000

3 Beds
1 Bath
1,078 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $267,000 $248 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,477/month

Highlights

  • 2.1 Acre Lot
  • Ranch Style House
  • 2 Car Detached Garage
  • Property is near public transit
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of October 2020

Rustic, solid and charming - this all stone, cottage-style ranch in the Balmville area is a delightful example of the area's post-WWII construction. Newly renovated on the inside with all new floors, windows, carpeting, kitchen appliances, cabinets and countertops and sitting on 2 acres with the potential for a subdivision at the back of the property the house is move-in ready, and truly a great value. All of the main rooms are spacious, and bright. You'll find good closets and storage in the bedrooms, and plenty of space for cooking and casual dining in the eat-in-kitchen. Outside, from spring through fall, the flag-stone patio and shaded lawn offers a wonderful retreat for relaxation and entertaining. The semi-open Florida room & covered porch provides protection from the elements, while the outdoor fireplace is perfect for those cooler fall nights. You'll also like the off-street convenience of the horseshoe driveway, and the additional space of a 2-car heated garage.

Last Agent to Sell the Property

Virginia Corbett

eXp Realty License #10301222045 Listed on: 07/15/2020

eXp Realty

Last Buyer's Agent

Sharon Pehush

HomeSmart Homes & Estates License #10401277781

HomeSmart Homes & Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,702

Year Built

  • Built in 1945

Lot Details

  • 2.1

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Arts and Crafts Architecture
  • Cottage
  • Bungalow
  • Stone Siding

Interior Spaces

  • 1,078 Sq Ft Home
  • Formal Dining Room
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Patio
  • Outbuilding

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Septic Tank

Additional Features

  • 2.1 Acre Lot
  • Property is near public transit

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 334600.079.000-0001-006.000/0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,702

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch, Cottage, Arts&Crafts, Bungalow
  • Property SubType: Single Family Residence
  • Year Built: 1945
  • Attribution Contact: 845-765-6128
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: 1st Floor Bedrm, Eat-in Kitchen, Formal Dining Room
  • Living Area Units: Square Feet
  • Attic Description: Scuttle
  • Common Walls: No Common Walls
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Crawl Space, Partial, Unfinished
  • Inclusions: A/C Units, Dishwasher, Dryer, Microwave, Refrigerator, Shed, Washer
  • Total Bedrooms: 3
  • Living Area: 1078.00
  • Square Footage: 1078.00

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Stone
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached

Utilities

  • Cooling: None, Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Baseboard
  • Hot Water: On Demand
  • Sewer: Septic Tank
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

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: 2.1000
  • Lot Size Area: 2.1000
  • Lot Size Sq Ft: 91476.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 334600.079.000-0001-006.000/0000
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-10-07
  • Included in Taxes: Water
  • Tax Annual Amount: 5702.00
  • Tax Map Number: 334600.079.000-0001-006.000/0000

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

Listed on
Jul 15, 2020
Closed on
Oct 7, 2020
Sold by
Miller Frank A
Bought by
Fejes Christopher S and Mcgregor Victor E
Seller's Agent
Virginia Corbett
eXp Realty
Buyer's Agent
Sharon Pehush
HomeSmart Homes & Estates
List Price
$250,000
Sold Price
$267,000
Premium/Discount to List
$17,000
6.8%
Total Days on Market
0
Current Estimated Value
$369,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,462
Avg. Annual Appreciation
7.70%
Original Mortgage
$240,750
Outstanding Balance
$216,540
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$166,607

Purchase Details

Closed on
Jan 28, 2006
Sold by
Miller Laura
Bought by
Miller Frank
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
Fejes Christopher S $267,000 None Available
Fejes Christopher S $267,000 None Available
Miller Frank -- Michael Meth
Miller Frank -- Michael Meth
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fejes Christopher S $240,750
Closed Fejes Christopher S $240,750
Previous Owner Miller Frank A $100,000
Previous Owner Miller Laura $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $267,000 +6.8% $248 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $250,000 -- $232 / 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
2023 $5,571 $51,400 $22,500 $28,900
2022 $5,720 $51,400 $22,500 $28,900
2021 $5,743 $51,400 $22,500 $28,900
2020 $4,905 $51,400 $22,500 $28,900
2019 $1,799 $51,400 $22,500 $28,900
2018 $1,799 $51,400 $22,500 $28,900
2017 $4,927 $51,400 $22,500 $28,900
2016 $4,838 $51,400 $22,500 $28,900
2015 -- $51,400 $22,500 $28,900
2014 -- $51,400 $22,500 $28,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6054348

OneKey® MLS

APN: 334600-079-000-0001-006.000-0000