NOT LISTED FOR SALE

428 1st St Newburgh, NY 12550

Estimated Value: $335,000 - $413,000

5 Beds
3 Baths
1,927 Sq Ft
$193/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $290,000 $150 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,833/month

53 Days on Market

About This Home

As of March 2022

10/22....ACCEPTED OFFER....TOM This 3 family brick house in a 50 x 100 corner lot ( a double city lot ). The roof was refinished 6 years ago,the windows have been replaced and we have a satisfactory lead paint assessment that was done in 2012 Basement apartment is currently vacant . It had been rented for $900 / month . Tenants are on a month to month basis. BuildingAreaSource: Public Records, ParkingFeatures: On Street,

Last Agent to Sell the Property

Dennis Barr

John J Lease REALTORS Inc Brokerage Phone: 845-565-2800 License #30BA0924637 Listed on: 10/16/2021

Co-Listed By

Jeff Aldrich

John J Lease REALTORS Inc Brokerage Phone: 845-565-2800 License #10401322834

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,938

Year Built

  • Built in 1895

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Newburgh Free Academy High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 331100-020-000-0003-041.000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,938

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1895
  • Attribution Contact: 845-565-2800
  • Co List Office Mls Id: ONELEAS01
  • Co List Office Phone: 845-565-2800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Basement: Partially Finished
  • Total Bedrooms: 5
  • Owner Pays: Insurance
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1520

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Features: Level
  • Parcel Number: 331100-020-000-0003-041.000-0000

Multi Family

  • Fuel Expense: 2350
  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 8938
  • Tax Map Number: 331100-020-000-0003-041.000-0000

MLS Schools

  • High School: Newburgh Free Academy
  • Middle School District: Newburgh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Mar 21, 2022
Sold by
Desantis Renee
Bought by
Ralb Group Llc
Seller's Agent
Dennis Barr
John J Lease REALTORS Inc
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Current Estimated Value
$372,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,430
Avg. Annual Appreciation
7.54%
Original Mortgage
$150,000
Outstanding Balance
$140,399
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$232,031

Purchase Details

Closed on
Aug 25, 2009
Sold by
Jaros Stanley
Bought by
Desantis Renee
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ralb Group Llc $290,000 None Available
Desantis Renee -- Daniel M Martuscello
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ralb Group Llc $150,000
Closed Ralb Group Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $290,000 0.0% $150 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
10/22/2021 10/22/21 Off Market $290,000 -- --
10/16/2021 10/16/21 For Sale $300,000 -- $156 / 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 $9,651 $321,200 $36,300 $284,900
2023 $9,651 $292,000 $36,300 $255,700
2022 $13,161 $308,000 $16,100 $291,900
2021 $11,974 $256,700 $14,600 $242,100
2020 $8,184 $223,200 $14,600 $208,600
2019 $3,166 $134,700 $14,600 $120,100
2018 $3,166 $134,700 $16,900 $117,800
2017 $6,832 $134,700 $16,900 $117,800
2016 $6,968 $134,700 $16,900 $117,800
2015 -- $134,700 $16,900 $117,800
2014 -- $134,700 $16,900 $117,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6149241

OneKey® MLS

APN: 331100-020-000-0003-041.000-0000