NOT LISTED FOR SALE

424 1st St Newburgh, NY 12550

Estimated Value: $401,000 - $485,000

5 Beds
3 Baths
2,214 Sq Ft
$196/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $225,000 $102 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,333/month

45 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Wood Flooring
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of November 2017

Well maintained Brick 2 family. Pride of ownership is displayed everywhere. Property address is 422-424. Home comes with another city lot completely fenced in. Apartment one has 3 bedrooms, dining room, eat in kitchen, full bath and deck, basement full partially finished with family room, and another full bath. Marble fireplaces in both units along with other original woodwork. 2nd apartment rented by long term tenant has 2 bedrooms, large living room, and large full bath. Close to shopping and schools. A rare find. Live in one and rent the other unit.

Last Agent to Sell the Property

Karen Briscoe-Reed

KW MidHudson Brokerage Phone: 845-473-9770 License #30BR0356577 Listed on: 08/01/2017

KW MidHudson

Last Buyer's Agent

Dulce M Ferrera

Keller Williams Hudson Valley License #10491203696

Keller Williams Hudson Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,367

Year Built

  • Built in 1925

Lot Details

  • 5,502 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,214 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 331100.021.000-0001-024.100/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,367

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Victorian, Colonial
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 845-473-9770
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Formal Dining, Entrance Foyer, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Partially Finished
  • Total Bedrooms: 5
  • Living Area: 2214
  • SquareFootage: 2214.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 0.1263
  • Lot Size Sq Ft: 5502
  • Lot Size Units: Acres
  • Lot Features: Corner Lot
  • Parcel Number: 331100.021.000-0001-024.100/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

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

Tax Info

  • Tax Annual Amount: 7367
  • Tax Map Number: 331100.021.000-0001-024.100/0000

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
Apr 6, 2023
Sold by
Hudson Valley Bulls Head
Bought by
Russak Yehuda
Current Estimated Value
$418,170

Purchase Details

Listed on
Aug 1, 2017
Closed on
Nov 20, 2017
Sold by
Mendez Cruz M
Bought by
Stanovic Michael and Stanovic Leza
Seller's Agent
Karen Briscoe-Reed
KW MidHudson
Buyer's Agent
Dulce M Ferrera
Keller Williams Hudson Valley
List Price
$199,900
Sold Price
$225,000
Premium/Discount to List
$25,100
12.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$188,237
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 1995
Sold by
Finkenauer Christine C
Bought by
Moya Gerardo A and Moya Mauda I
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
Russak Yehuda $1,100,000 None Available
Stanovic Michael $225,000 --
Moya Gerardo A $67,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanovic Michael $188,237
Previous Owner Mendez Cruz M $105,000
Previous Owner Mendez Cruz M $99,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2017 11/27/17 Sold $225,000 +12.6% $102 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $199,900 -- $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
2023 $12,527 $379,000 $40,500 $338,500
2022 $13,720 $321,100 $17,900 $303,200
2021 $12,483 $267,600 $16,300 $251,300
2020 $8,193 $232,700 $16,300 $216,400
2019 $2,959 $125,900 $16,300 $109,600
2018 $2,959 $125,900 $19,300 $106,600
2017 $5,427 $125,900 $19,300 $106,600
2016 $5,372 $123,000 $19,300 $103,700
2015 -- $123,000 $19,300 $103,700
2014 -- $123,000 $19,300 $103,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4734745

OneKey® MLS

APN: 331100-021-000-0001-024.100-0000