NOT LISTED FOR SALE

407 Grand St Newburgh, NY 12550

Estimated Value: $381,000 - $516,000

4 Beds
3 Baths
2,794 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 04, 2014

Last sale price $135,000 $48 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $3,989/month

117 Days on Market

About This Home

As of February 2014

Good condition. These apartments are very desirable. All 3 apartments have been updated and are fully functional, they need nothing. Many new windows, hardwood floors, washer/dryer hookup available in basement. 3 family, great area close to college housing Mt. St. Mary Students. Close to waterfront restaurants. Nice, enclosed front porch and back yard patio/barbeque area.

Last Agent to Sell the Property

Elaine Hayden

John J Lease REALTORS Inc Brokerage Phone: 845-565-2800 License #30HA0907582 Listed on: 08/07/2013

Co-Listed By

Filomena Sousa

John J Lease REALTORS Inc Brokerage Phone: 845-565-2800 License #30SO0662331

Last Buyer's Agent

Ricardo TEGNI

HomeSmart Homes & Estates License #30TE0951377

HomeSmart Homes & Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,009 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,794 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 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 electricity, gas, heat
  • Assessor Parcel Number 331100.004.000-0010-014.000/0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 845-565-2800
  • Co List Office Mls Id: ONELEAS01
  • Village: None
  • Hamlet: Newburgh City
  • MaintenanceRepairsExpense: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 4
  • Living Area: 2794
  • Owner Pays: Insurance
  • SquareFootage: 2794.00

Exterior Features

  • Construction Materials: Frame, 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: Natural Gas
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 840

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.1150
  • Lot Size Sq Ft: 5009
  • Lot Size Units: Acres
  • Parcel Number: 331100.004.000-0010-014.000/0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 8570
  • Tax Map Number: 331100.004.000-0010-014.000/0000

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
Aug 7, 2013
Closed on
Jan 4, 2014
Sold by
Ehrens Kristen D
Bought by
Bailey Donald
Seller's Agent
Elaine Hayden
John J Lease REALTORS Inc
Buyer's Agent
Ricardo TEGNI
HomeSmart Homes & Estates
List Price
$169
Sold Price
$135,000
Premium/Discount to List
$134,831
79781.66%
Current Estimated Value
$516,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,333
Avg. Annual Appreciation
10.68%

Purchase Details

Listed on
Jun 11, 2012
Closed on
Aug 22, 2012
Sold by
Deutsche Bank National Trust Co
Bought by
Ehrens Kristen
Seller's Agent
Kenneth Davies
John J Lease REALTORS Inc
Buyer's Agent
Elaine Hayden
John J Lease REALTORS Inc
List Price
$75,000
Sold Price
$87,000
Premium/Discount to List
$12,000
16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.39%

Purchase Details

Closed on
Apr 19, 2012
Sold by
Sandra B Sciortino As Referee
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 26, 2006
Sold by
Claudio Jose
Bought by
Frazier Eugene

Purchase Details

Closed on
Dec 2, 2004
Sold by
Filocco Ralph
Bought by
Claudio Karen and Claudio Jose

Purchase Details

Closed on
Nov 29, 2001
Sold by
Libolt Keith H and Libolt Lorraine M
Bought by
Filocco Ralph and Filocco Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6.88%

Purchase Details

Closed on
Aug 12, 1999
Sold by
All Nations Church Of Newburgh Ny Inc
Bought by
Libolt Keith H and Libolt Lorraine M
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
Bailey Donald $135,000 John Poggioli
Ehrens Kristen $87,000 Jonathan Koschei
Deutsche Bank National Trust Company $131,750 Gross, Polowy & Orlans Llc
Frazier Eugene $335,000 Thomas J. Murphy
Claudio Karen $275,000 Paul B Supple
Filocco Ralph $169,000 --
Libolt Keith H $15,000 --
All Nations Church Of Newburgh Ny Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Filocco Ralph $135,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2014 02/04/14 Sold $135,000 +79781.7% $48 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $169 -99.8% $0 / Sq Ft
08/22/2012 08/22/12 Sold $87,000 +16.0% $31 / Sq Ft View Prior Sale
07/17/2012 07/17/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $75,000 -- $27 / 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 $15,270 $485,100 $38,500 $446,600
2023 $15,270 $462,000 $38,500 $423,500
2022 $11,016 $257,800 $17,100 $240,700
2021 $10,020 $214,800 $15,500 $199,300
2020 $8,102 $195,300 $15,500 $179,800
2019 $3,342 $158,200 $15,500 $142,700
2018 $3,342 $141,300 $18,100 $123,200
2017 $7,167 $141,300 $18,100 $123,200
2016 $7,602 $135,300 $18,100 $117,200
2015 -- $135,300 $18,100 $117,200
2014 -- $170,500 $18,100 $152,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY549594

OneKey® MLS

APN: 331100-004-000-0010-014.000-0000