NOT LISTED FOR SALE

43 Brewer Rd Newburgh, NY 12550

Estimated Value: $576,172 - $780,000

6 Beds
4 Baths
3,016 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $579,999 $192 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,409/month

25 Days on Market

Highlights

  • 3.1 Acre Lot
  • Deck
  • Porch
  • Colonial Architecture
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of May 2023

Offered by the original builder, this large, two-family colonial is a unique, first-time-on-the-market property that represents a turnkey business opportunity. Solidly built and meticulously maintained by one of the area's most respected builders, this property sits on 3.1 acres and is designed to give tenants maximum privacy. The vacant side has been completely remodeled with top of the line finishes and is ready for move in! The other unit is occupied by long-term tenants with a lease that expires July 2023. Each unit offers about 1,500 square feet of living space including a large kitchen, three bedrooms, 1.5 baths, first-floor laundry, basement and deck. Separate utilities with tenants paying all expenses except lawncare. Excellent commuter location near major highways and Metro North rail. Close to shopping and dining.

Last Agent to Sell the Property

Lyra Blumenthal

RE/MAX Benchmark Realty Group License #10301201617 Listed on: 02/17/2023

RE/MAX Benchmark Realty Group

Last Buyer's Agent

Donna Gray

Redfin Real Estate License #10401237383

Redfin Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,400

Year Built

  • Built in 1998 | Remodeled in 2023

Lot Details

  • 3.1 Acre Lot
  • No Common Walls
  • Level Lot

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,016 Sq Ft Home
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Propane
  • Well
  • Septic Tank

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 334600-043-000-0003-005.110-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,400

Year Built

Built in 1998 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1998
  • Year Built Effective: 2023
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Interior Amenities: Eat-in Kitchen, Granite Counters, Powder Room
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Partial
  • Total Bedrooms: 6
  • Living Area: 3016
  • Owner Pays: Insurance
  • SquareFootage: 3016.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Patio and Porch Features: Deck, Porch

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Propane, Baseboard
  • Sewer: Septic Tank
  • Water Source: Well
  • GarbageRemoval: Private
  • Hot Water: Electric Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 3.1
  • Lot Size Sq Ft: 135036
  • Lot Size Units: Acres
  • Lot Features: Level, Sloped
  • Parcel Number: 334600-043-000-0003-005.110-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 2
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 10400
  • Tax Map Number: 334600-043-000-0003-005.110-0000

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
Feb 17, 2023
Closed on
May 19, 2023
Sold by
Hl Rentals Llc
Bought by
Vital-Herne Dimitri and Vital-Herne Kathleen
Seller's Agent
Lyra Blumenthal
RE/MAX Benchmark Realty Group
Buyer's Agent
Donna Gray
Redfin Real Estate
List Price
$569,000
Sold Price
$579,999
Premium/Discount to List
$10,999
1.93%
Views
75
Current Estimated Value
$681,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,239
Avg. Annual Appreciation
5.45%
Original Mortgage
$492,999
Outstanding Balance
$479,190
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,603

Purchase Details

Closed on
Mar 29, 1999
Sold by
Westport Management Llc
Bought by
Hl Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1998
Sold by
Fritzsche Ray and Fritzsche Ray W
Bought by
Westport Management 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
Vital-Herne Dimitri $579,999 Westcor Land Title Insurance
Hl Rentals Llc -- --
Westport Management Llc $27,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vital-Herne Dimitri $492,999
Previous Owner Hl Rentals Llc $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $579,999 0.0% $192 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/06/2023 03/06/23 Off Market $579,999 -- --
02/17/2023 02/17/23 Price Changed $2,695 0.0% $1 / Sq Ft
02/17/2023 02/17/23 For Sale $569,000 0.0% $189 / Sq Ft
02/16/2023 02/16/23 Price Changed $2,200 -11.8% $1 / Sq Ft
02/15/2023 02/15/23 For Rent $2,495 -7.4% --
02/09/2023 02/09/23 Price Changed $2,695 -- $1 / 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 $10,043 $97,200 $12,000 $85,200
2023 $10,043 $95,000 $12,000 $83,000
2022 $10,332 $95,000 $12,000 $83,000
2021 $10,373 $95,000 $12,000 $83,000
2020 $10,317 $95,000 $12,000 $83,000
2019 $3,092 $95,000 $12,000 $83,000
2018 $3,092 $95,000 $12,000 $83,000
2017 $10,586 $95,000 $12,000 $83,000
2016 $10,387 $95,000 $12,000 $83,000
2015 -- $95,000 $12,000 $83,000
2014 -- $95,000 $12,000 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6232969

OneKey® MLS

APN: 334600-043-000-0003-005.110-0000