NOT LISTED FOR SALE

409 Grand St Newburgh, NY 12550

Estimated Value: $711,000 - $871,057

9 Beds
3 Baths
4,255 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $490,000 $115 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,161/month

54 Days on Market

Highlights

  • Water Views
  • 3 Car Detached Garage
  • Entrance Foyer
  • Victorian Architecture
  • Window Unit Cooling System
  • Hot Water Heating System

About This Home

As of February 2018

A/O 12/9 -- Stunning historic Victorian with fine architectural details and pride of craftsmanship. Travel back to the era of grand entry foyers, stained glass windows, hand-carved lionhead mantels, marble floors, and fireplaces throughout. This house maintains its original charm but also offers a great income potential. Currently a legal 3 family plus garage with monthly rent roll of $5,800 being offered at a 8.5% CAP rate. Basement height is adequate for fourth unit potential. House is in desirable location with Hudson River views, near waterfront and Mount Saint Mary's College. Shows wonderfully, take advantage of this opportunity to invest in a fast gentrifying part of Newburgh!

Last Agent to Sell the Property

Lance Pahucki

RE/MAX Benchmark Realty Group Brokerage Phone: 845-896-7042 License #40PA1082082 Listed on: 11/03/2017

RE/MAX Benchmark Realty Group

Last Buyer's Agent

Daniel Aubry

Daniel Aubry Realty, LLC License #10491206060

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,037

Year Built

  • Built in 1900 | Remodeled in 2009

Lot Details

  • 10,001 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Detached Garage

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 4,255 Sq Ft Home
  • Entrance Foyer
  • Water Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 331100.004.000-0010-013.000/0000

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,037

Year Built

Built in 1900 | Remodeled in 2009

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Victorian
  • Property SubType: Multi Family
  • Year Built: 1900
  • Year Built Effective: 2009
  • Attribution Contact: 845-896-7042
  • Village: None
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2009

Interior Features

  • Interior Amenities: Entrance Foyer
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 9
  • Living Area: 4255
  • Owner Pays: Insurance
  • SquareFootage: 4255.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick, Stone
  • View: Water
  • View YN: Yes

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Detached, 3 Car Detached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1200

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 0.2296
  • Lot Size Sq Ft: 10001
  • Lot Size Units: Acres
  • Parcel Number: 331100.004.000-0010-013.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf4Bedrooms: 2

Tax Info

  • Tax Annual Amount: 17037
  • Tax Map Number: 331100.004.000-0010-013.000/0000

MLS Schools

  • Elementary School: Magnet Sch of Math Science & Design
  • High School: Newburgh Free Academy
  • Middle School District: Newburgh

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Sali Richard
Bought by
Mccahill Yong P and Mccahill Tim
Current Estimated Value
$807,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Outstanding Balance
$550,290
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$256,974

Purchase Details

Listed on
Nov 3, 2017
Closed on
Feb 21, 2018
Sold by
Devlin Management Llc
Bought by
Sali Richard
Seller's Agent
Lance Pahucki
RE/MAX Benchmark Realty Group
Buyer's Agent
Daniel Aubry
Daniel Aubry Realty, LLC
List Price
$539,900
Sold Price
$490,000
Premium/Discount to List
-$49,900
-9.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%

Purchase Details

Closed on
Jun 5, 2013
Sold by
Devlin Casey
Bought by
Devlin Management Llc

Purchase Details

Closed on
Dec 16, 2011
Sold by
409 Grand Street Llc
Bought by
Devlin Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2009
Sold by
Hackbush Roger
Bought by
409 Grand Street Llc

Purchase Details

Closed on
Nov 19, 2007
Sold by
Ashton Scott Properties L
Bought by
Marquez Miguel

Purchase Details

Closed on
Mar 22, 2006
Sold by
Mount Ellis Enterprises Llc
Bought by
Ashton Scott Properties Llc

Purchase Details

Closed on
Nov 19, 2001
Sold by
Sledzianowski Scott and Sledzianowski Jessica
Bought by
Mount Ellis Enterprises Llc
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
Mccahill Yong P $710,000 None Available
Sali Richard $490,000 --
Devlin Management Llc -- --
Devlin Casey $365,000 Thomas Esq Diviny
409 Grand Street Llc -- Matthew T Esq Kkelley
Marquez Miguel $480,000 John Poggioli
Ashton Scott Properties Llc -- Bruce Egert
Mount Ellis Enterprises Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccahill Yong P $568,000
Previous Owner Devlin Casey $273,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2018 02/23/18 Sold $490,000 -9.2% $115 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $539,900 -- $127 / 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 $22,971 $729,800 $55,000 $674,800
2023 $22,971 $695,000 $55,000 $640,000
2022 $25,428 $595,100 $23,000 $572,100
2021 $23,133 $495,900 $20,900 $475,000
2020 $19,740 $450,800 $20,900 $429,900
2019 $7,854 $409,700 $20,900 $388,800
2018 $7,854 $334,200 $25,200 $309,000
2017 $16,951 $334,200 $25,200 $309,000
2016 $17,037 $328,100 $25,200 $302,900
2015 -- $328,100 $25,200 $302,900
2014 -- $334,800 $25,200 $309,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4748550

OneKey® MLS

APN: 331100-004-000-0010-013.000-0000